Oil & Gas

BlackRock Inc. told Texas it’s committed to helping clients invest in the energy industry, rebutting suggestions by state officials that the firm boycotts fossil-fuel companies through its advocacy for sustainable investing. The world’s largest asset manager oversees about $310 billion of investments in energy firms worldwide, including more than $115 billion in Texas companies, BlackRock
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Seismic player CGG announced today that Sercel, its sensing and monitoring division, has acquired Geocomp Corporation, which specializes in high-value services and products for geotechnical risk management and infrastructure monitoring. With CGG continuing to accelerate its development of a portfolio of unique technologies focused on rapidly growing Beyond the Core markets, this acquisition gives Sercel
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The Technology and Innovation Centre’s Scottish Low Carbon Power and Energy Partnership (TIC LCPE), a research program bringing together academia and industry to address renewable energy challenges, and funded by ScottishPower and SSE, has been extended into its tenth year. TIC LCPE links technical expertise from the University of Strathclyde to the low carbon energy
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Goldman Sachs has listed a number of buy-rated stocks it says have strong fundamentals and above-average returns, which investors could gravitate to in an uncertain market. The analysts’ picks are companies it expects to reduce greenhouse gas emissions, as investors become increasingly focussed on the issue. “Investor focus will heighten towards those companies able to
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