Environment Energy agency chief warns transition to renewables is way off track, issues warning on stranded assets March 28, 2023 admin The current German coalition government is seeking to accelerate the country’s transition away from fossil fuels and nuclear to renewable and sustainable production energy means. Sean Gallup | Getty Images…
Environment Nevada approves $333 million natural gas plant as historic drought pressures state’s power grid March 23, 2023 admin Looking east to the Tracy Power Plant, a natural gas and oil-fired power plant owned and operated by Sierra Pacific Power, located near Interstate 80 and the Truckee River between…
Environment Russia and China are being driven together as the chasm with the West deepens March 21, 2023 admin Chinese President Xi Jinping speaks with Russian President Vladimir Putin as leaders gather for a family photo during the Belt and Road Forum on Yanqi Lake, outside Beijing, China, May…
Environment Oil rebounds after Brent prices slipped under $72 per barrel amid banking turmoil March 20, 2023 admin Bill Ross | The Image Bank | Getty Images Brent oil prices logged losses Monday, dropping below $72 per barrel in intraday trade amid turmoil in the banking sector. The…
Environment Oil plunge is bad for energy stocks but actually good for other areas of our portfolio March 15, 2023 admin Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5%…
Environment Oil tumbles 6%, heads for worst day since July as banking crisis routs markets March 15, 2023 admin In this article @CL.1 Follow your favorite stocksCREATE FREE ACCOUNT Oil production in Azerbaijan Vostok | Getty Images Oil prices fell Wednesday, as traders feared a brewing banking crisis could…
Environment Russia’s oil revenues fall sharply as the West’s price cap starts to bite, IEA says March 15, 2023 admin Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance |…
Environment Biden Interior approves controversial Alaska oil drilling project March 13, 2023 admin Climate activists gather to protest with demanding President Biden stop the Willow Project by unfurling a banner on the Lafayette Square in front of the White House on January 10,…
Environment Oil CEOs are doubling down on buybacks as Biden budget seeks to quadruple tax March 8, 2023 admin In this article CVX OXY Follow your favorite stocksCREATE FREE ACCOUNT Occidental (long known as Occidental Petroleum) was the No. 1-performing stock in S&P 500 last year, but it didn’t…
Environment China’s energy transition sees ‘staggering’ progress on renewables — and a coal power boom March 8, 2023 admin China is recognized as the undisputable global leader in renewable energy expansion. Future Publishing | Future Publishing | Getty Images China is making rapid progress in scaling up clean energy,…
Environment Oil chief leading COP28 climate summit urges energy industry to ‘up its game’ to reduce emissions March 7, 2023 admin “Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster,” Abu Dhabi National Oil Company CEO Sultan al-Jaber said during a…
Environment Oil companies hit with backlash after bringing in $200 billion in profits last year March 3, 2023 admin In this article TTE-FR BP.-GB CVX SHEL-GB XOM Follow your favorite stocksCREATE FREE ACCOUNT Oil companies pulled in record profits in 2022, as oil prices skyrocketed. Revenues for the biggest…
Environment Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC March 3, 2023 admin The logo of the OPEC is pictured at the OPEC headquarters on October 4, 2022. Joe Klamar | Afp | Getty Images DUBAI, United Arab Emirates — International oil benchmark…
Environment Microsoft, Kimbal Musk, NBA’s Russell Westbrook invest in Brooklyn-based climate tech company BlocPower March 2, 2023 admin BlocPower is electrifying this Brooklyn, NY building Lisa Rizzolo | CNBC BlocPower, a Brooklyn-based climate tech company, has closed on a nearly $155 million fundraising round that will be used…
Environment FTX ex-engineering chief Nishad Singh pleads guilty to criminal charges February 28, 2023 admin Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images FTX ex-engineering head…
Environment Washington moves forward with program to charge companies for greenhouse gas emissions February 28, 2023 admin Then-Washington State Governor and presidental candidate Jay Inslee signs five climate change bills into law that will reduce carbon emissions, decrease pollution, boost jobs and increase public health, Tuesday, May…
Environment BMW launches demonstration fleet of hydrogen cars that use fuel cells from Toyota February 27, 2023 admin In this article TSLA HYU-FF TM BMWB-FF Follow your favorite stocksCREATE FREE ACCOUNT This image, from September 2021, shows a BMW iX5 Hydrogen in Munich, Germany. Krisztian Bocsi | Bloomberg…
Environment Biden’s IRA is the U.S. playing ‘catch-up’ after Trump, UK minister says February 24, 2023 admin The U.K.’s Finance Minister Jeremy Hunt has said that the U.S. President Joe Biden’s Inflation Reduction Act is a bid to play ‘catch up’ on clean energy investment. Bloomberg |…
Environment Why a U.S. national electric grid would be great for the climate — and is nearly impossible February 22, 2023 admin A transmission tower is seen on July 11, 2022 in Houston, Texas. ERCOT (Electric Reliability Council of Texas) is urging Texans to voluntarily conserve power today, due to extreme heat…
Environment Biden Interior proposes first offshore wind lease sale in Gulf of Mexico February 22, 2023 admin The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images The Biden administration on…