CNBC Energy

APA Group chief: It's onwards and upwards for us
Mick McCormack of APA Group weighs in on the company's "textbook" earnings following its failed takeover of Hong Kong-based CKI, and says the firm has opportunities to grow the business within Australia.

Oil near 2019 highs amid OPEC cuts, US sanctions
Oil prices were around 2019 highs on Wednesday amid crude supply cuts led by OPEC and U.S. sanctions on Iran and Venezuela.

ETF Spotlight: Crude hits highest level since November
CNBC's Sara Eisen takes a look at WTI crude as it hits its heighest level since Nov. 20, 2018.

Half of European companies have no carbon reduction plan, report finds
Non-profit firm CDP published its annual carbon disclosure report on Tuesday, which found that 53 percent of European firms had no plans in place to reduce their carbon emissions.

A wind farm is helping to power an oil refinery in Australia
The power purchase agreement between Viva Energy and Acciona started in January 2019.


Rockwell and Schlumberger enter JV to create Sensia cloud, edge-enabled process automation solution
Rockwell Automation, dedicated to industrial automation and information, and Schlumberger, provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, have announced that they have entered into an agreement to create a new joint venture, Sensia, the first fully integrated digital oilfield automation solutions provider.

Alberta expects $1.7 billion profit from crude-by-rail operation
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture.

InterDam expands presence with Houston-office opening
InterDam, supplier of fire and blast resistant architectural products for the oil industry, recently opened a new office in Houston, Texas to strengthen its position in the North American market, and leverage the area’s diverse and expansive customer base.