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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil 150
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Opinion: Political Climate Shifting Against The Oil And Gas Industry

Green Car Congress

Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of collapsing oil prices, access to credit is obviously critically important. billion in 2014.

Oil 150
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After Musk commits $180m, Trump says he’ll end EV mandate that doesn’t exist

Baua Electric

They could have been better, but after lobbying from the auto and oil industries, those regulations were softened compared to the original proposal. The Natural Resources Defense Council, a group that undertakes legal challenges to protect the environment, won 92% of their cases against the Trump EPA due to their incompetence.