October

Oil and Gas Companies Face an Era of Credit Downgrades, Fitch Warns
Much of the fossil fuel industry may be facing an era of credit downgrades if producers prove too slow to adapt to a low-carbon future, according to Fitch Ratings.

Coastal GasLink Is Fully Built in Positive Sign for LNG Canada
TC Energy Corp. has welded the last stretch of the Coastal GasLink pipeline into place, adding to signs that a huge facility to export liquefied natural gas off Canada’s west coast is on track to start up on time, or even early.

Biden Alaska Oil Plan Seen as Major Threat to Future Drilling
A century after the US set aside a broad swath of northwest Alaska to be used as an emergency oil supply, the Biden administration is pursuing changes that could make it impossible to harvest crude from new leases in the 23 million-acre site.