Post by
BayWall on Oct 23, 2023 7:41am
Fossil Fuels Popular
Transition to renewables will continue, but in the meantime:
Exxon buying Pioneer Natural Resources for $58 billion.
Chevron buying Hess for $53 billion.
LNG Canada near completion. Maybe Phase 2 will be approved. Looking at electrifying some new projects.
Trans Mountain pipeline progressing.
Exploration on Equinor's $12 billion offshore light crude (300 million barrels est.) project off Newfoundland continues.
Qatar Energy and Exxon drilling for oil and gas off Newfoundland.
Oil & gas will be in the vocabulary for many decades. Transition is not easy as some have made it out to be.