Business

Fossil Fuels Far From Extinct: Oil and Gas Companies See Record Revenues

Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 12, 2021) - I...

articleInplay Oil CorpAugust 12, 20214/company/inplay-oil-corp/news/fossil-fuels-far-from-extinct-oil-and-gas-companies-see-record-revenues
Fossil Fuels Far From Extinct: Oil and Gas Companies See Record Revenues

About this update from Inplay Oil Corp

[{"type":"text","content":"Fossil Fuels Far From Extinct: Oil and Gas Companies See Record RevenuesPoint Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - August 12, 2021) - Investorideas.com, a leading investor news resource covering oil and gas stocks releases a special report featuring InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF), looking at the stream of record breaking revenues from the oil and gas industry following COVID-19 lockdowns and surprisingly, amidst global concerns of climate change and fossil fuel emissions.Read the full article on Investorideas.comhttps://www.investorideas.com/news/2021/energy/08120Fossil-Fuels.aspThe Canadian Association of Petroleum Producers (CAPP) recently released a new report titled, Canada's Natural Gas and Oil Emissions: Ongoing Reductions, Demonstrable Improvement. The report, which lays out the means to a lower-carbon future through innovation and new technology, and illustrates the industry's proven track record of lowering emissions-intensity, is the first in a series of planned Environment, Social and Governance (ESG) disclosures.Ben Brunnen, Vice President, Oil Sands, Fiscal & Economic Policy commented, \"Canada's natural gas and oil industry has a track record of being one of the most transparent around the world. This report raises the bar even higher, positioning the industry as a leader in voluntarily reporting the collective emissions performance of our industry, and should be a challenge for other jurisdictions to do the same.\"Brunnen continued saying, \"The international comparable data shows Canada is a good performer when it comes to emissions intensity but also that we're continuously getting better. The key to our future will be the ability of our industry to quickly advance new technologies to continue reducing GHG intensity, keeping Canada a global supplier of choice.\"InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) reflected this upward trend for Canadian oil and gas having recently announced its financial and operating results for the three and six months ended June 30, 2021. InPlay's condensed unaudited interim financial statements and notes, as well as Management's Discussion and Analysis (\"MD&A\") for the three and six months ended June 30, 2021 will be available at www.sedar.com and the Company's website at www.inplayoil.com. From the news: The company achieved record ...

More updates from Inplay Oil Corp