Longtime oil, ethanol competitors unite to challenge Biden’s “unlawful” vehicle standards

Nearly three dozen companies and trade associations will open their legal fight against the vehicle standards Thursday, filing petitions with the U.S. Court of Appeals for the District of Columbia Circuit. The challengers include such oil and gas industry heavyweights as the American Petroleum Institute as well as the National Corn Growers Association, which backs ethanol. View the full article


Viasat Energy Services launches new communications service for remote oil and gas customers

The integrated service offering enhances performance through capacity augmentation to support additional capabilities for oil and gas customers by powering a range of applications, including enterprise-grade solutions for customers’ cloud-based computing services, applications to drive operational efficiency and safety, and enhanced crew welfare offerings.  View the full article


Slowing demand growth and surging supply put world oil markets on course for major surplus, IEA reports

Growth in the world’s demand for oil is expected to slow in the coming years, as energy transitions advance. At the same time, global oil production is set to ramp up, easing market strains and pushing spare capacity toward levels unseen outside of the Covid crisis, according to the Internaional Energy Agency’s (IEA) new oil market outlook. View the full article