Don’t Leave Hedging to Wall Street — Energy Clients Are Saving Billions
At a time of market volatility and skyrocketing energy commodity prices, we see more and more clients taking advantage of any opportunity to hedge risks and enhance profitability. For many of our downstream industry clients, this can include hedging risks when it comes to their fuel costs. Recently, Financial Times shared how “four fuel traders […]
Carbon Capture, Utilization and Storage: Untangling the Economics From Source to Sink
The petroleum industry has long used carbon dioxide (CO2) for enhanced oil recovery. However, carbon capture, utilization and storage (CCUS) has gained significant momentum in relevance thanks to climate change urgency and global alignment on environmental, social and governance (ESG). The CCUS discussion today is less about usage and more about permanent storage. Most of […]