BusinessEnergy

Valentina Kretschmar, Wood Mackenzie Director of Corporate Research, asks whether lack of diversity in oil and gas companies’ boardrooms is holding back the energy transition.

People have been telling sustainability entrepreneurs to “servicize” their business for a few years. But that’s a lot easier said than done. It’s still the right answer, in many cases. But it might require changes to the team, to the sales messaging, potentially even to the product.

Saudi regulators are expecting millions of Saudi investors to take out loans in order to buy shares in Aramco at the company's IPO.

Turkish Energy Minister and Ankara's official maritime envoy rebuff criticism from the U.S. and European Union over Ankara's contentious move to look for offshore natural gas in area disputed by Cyprus.

In a famous scene from the 1971 film “Big Jake,” Richard Boone’s character, John Fain, responds to being shot by John Wayne’s character, Jacob McCandles, by saying, “I thought you were dead.”

The hydrogen economy is within grasp — the type of progress that can rollback the effects of climate change. The goal is to produce hydrogen from a carbon-free source and in doing so, displaces fossil fuels.

How the Trump administration deals with CITGO-guaranteed bonds will have major implications for U.S. - Venezuela relations, American investors, and U.S. energy security.

Pledges by Southeast U.S. utilities to cut carbon won't exactly create a wave of plant shutdowns. By running uneconomic coal and building gas plants that will soon be uneconomic, utilities cost consumers millions and risk billions in stranded assets.

Hundreds of companies have set targets to reduce deforestation by 2020. Here's what we know so far.

Extracting CO2 from air is the best way to reverse global warming without resorting to expensive technologies, convoluted tax schemes or preventing billions from getting sufficient energy. If you then make gasoline from it, then you’d kill two birds with one stone. That stone is Carbon Engineering.

The Hague Summit for Accountability in the Digital Age (#I4ADA) takes place November 6-7 2019, Peace Palace, Netherlands

California’s elected officials’ oil policy can be summed up as: leave it in the ground or under the ocean, and, if it must come into the state, don’t use pipeline or rail. The result of this policy is predictable—an increasing number of crude oil tankers are making their way to California...

"Cheap" oil costs more in military expenditures than it would with a return to President Eisenhower's restrictions on importing oil.

A book review of Energy Lawyer NJ Ayuk's new book, 'Billions at Play: The Future of Africa Energy and Doing Deals' written by Mfonobong Nsehe

A growing number of hot summer days has strained the electric grid in Texas, but regulators and grid operators haven’t fully taken advantage of one opportunity to boost supply –demand response programs that pay consumers to reduce electricity use during periods of peak demand.

Weekly Juice -Energy stories from the first week of October 2019.

Climate policy models are valuable for exploring concepts and ideas, but they have come to serve as a huge distraction when it comes to the development of actual policies that have a chance to accelerate rates of decarbonization in the real world.

Hydrogen is a key emerging decarbonization technology, and could become a $130 billion U.S. industry while cutting emissions by 2050.

Flight shaming is having a noticeable impact on air travel in western Europe. And now it has jumped the pond.

It's been a consistent theme since the U.S. shale revolution took flight in 2008: not just surging natural gas production but also surging gas reserves. In fact, the industry is always evolving, and we have even more gas than advertised.

The next time someone tells you about all the wonderful benefits from the Renewable Fuel Standard, ask them if they would support an electric vehicle (EV) mandate. You can quickly tell if they are driven by principles or self-interest.

The Trump administration said Friday it would give oil and gas producers access to 725,500 acres from central to northern California. But such a strategy is risky for drillers, given that California has become a national beacon for the green energy economy.

Oil rich Abu Dhabi' state-owned behemoth turns its attention to investing in sister emirate's burgeoning port.

Renewable technology is quickly becoming a viable alternative to fossil fuels, and significant global adoption could help to mitigate the more drastic effects of climate change. But there are challenges that the industry must overcome to replace fossil fuels entirely.

The largest wind turbines ever made are set to be installed off the coast of the UK as part of world’s biggest wind farm, a massive 3,600MW project.

Group Chief Executive of oil giant BP has decided to retire following a near decade-long stint as the company's boss.

Kadri Simson, the nominee to become the European Union’s new energy commissioner, told the European Parliament during her confirmation hearing that completing the EU Energy Union will be a main priority.

For Shell, ExxonMobil, Chevron, Total and BP, upstream and LNG assets in Australia account for almost U.S.$130 billion of value. Australia is core to their gas portfolios - and is likely to become more important as the energy transition gains pace.

North Dakota and Texas now account for some 60% of U.S. crude oil production. These two states buffered us from an oil price spike just a few weeks ago when drone attacks in Saudi Arabia took 5% of the world's oil supply offline. The U.S. DOE confirms that our oil outlook shines bright.

U.S. crude oil production growth was slowing headed into summer, but production has since surged back to record levels.

Perhaps no technology has generated more hype in recent years than artificial intelligence. In some industries, it is certainly living up to it. AI powers the algorithms behind transport apps Uber and Waze, microtargeted online advertising, your commercial flight’s autopilot, and digital assistants.

The competitive behavior of U.S. LNG exporters is revolutionizing the market, but the reliance on relatively expensive feedstock could be problematical during periods of low market prices.

Google has recently invested a record-breaking amount in renewable energy deals in the United States, Chile, and Europe. They have announced a total of 18 new deals, which is by far their largest investment in renewable energy deals.

Europe and Asia are driving demand for liquified natural gas but the fracas has put financing on hold.

In the latest attempt to disrupt the Mariner East 2 pipeline, the District Attorney for Chester County, PA announced last week that his office was preparing to file a civil public nuisance lawsuit against natural gas pipeline developer Sunoco LP over continued problems associated with the project.

Many are wondering why an independent dark money advocacy group is having to do a job that natural gas producers previously did for themselves.

Unwrapping a fresh box of Swisher Sweets cigarillos, he explains the favored attributes of the 500,000 acres his oil company has been exploring in Wyoming’s Powder River Basin, where his team has drilled and fracked enough wells to be convinced they are sitting on more than a billion barrels.

The biggest mystery is how Aramco tries to explain plans for the massive dividend it gives to the government and how it will determine the dividend for non-government shareholders.

A symbol for the cause of free expression, Jamal Khashoggi’s tragic demise shines a light on the brutal truth that for outspoken journalists, the price for freedom of speech can be death.

Other listees include Wan Long, whose WH Group acquired Smithfield Foods in the U.S for $4.7 billion in 2013. and is one of the world’s largest meat processors

While the energy sector was a laggard in the third quarter, there were a few bright spots.

Our oceans, ice sheets and glaciers are absorbing the bulk of rising temperatures and the impacts are already evident, from the top of the highest mountain to the bottom of the oceans.

The rules, which were years in the making, WASHINGTON — Today, the U. S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA)transmitted three significant final rules to theFederal Registerthat will strengthen the safety of more than 500,000 miles of onsh...

Global coal use will ultimately fall, but it will remain prevalent on the world stage. So, is it better to invest in carbon capture and storage or to plow more resources into renewables?

Leading Spanish electricity utility Endesa is to close its As Pontes power plant in the northwestern region of Galicia, an area already heavily affected by industrial reconversion. But we must stop generating electricity by burning fossil fuels now, even if this entails the loss of jobs and wealth.

In an exclusive interview with Forbes, Hurtigruten CEO Daniel Skjeldam discusses the importance sustainability on the high seas and why it’s imperative that cruise ship operators conform to more sustainable practices before it’s too late.

Studies have shown vehicles driving on propane autogas emit less pollution, yet they make up only 1% of vehicles worldwide. The industry says increased use would be low-hanging fruit for reducing emissions, but politicians remain focused on electric as the silver bullet for cleaning transport.

Politicians are promising swift and certain action to address climate change. But sound-bite solutions are unlikely to work. Instead, we need policies that will allow our fossil fuel-based energy system to make an effective shift to a low- and zero-carbon future.

The world, and the United States, are not moving towards net-zero carbon dioxide emissions and in fact, every day, we are moving in the opposite direction. Auctions of promises for emissions reductions don’t actually reduce emissions. Technology reduces emissions.

While policymakers remain focused on U.S. military aid to Ukraine in the wake of President Trump's impeachment inquiry, few are discussing the importance of U.S. security assistance to the embattled country via liquified natural gas exports.

The tale of the tech behemoth's return to greatness is a lesson for how utility companies should adapt to survive.

US and Canada entered into an agreement on nuclear power cooperation to collaborate on advancing new nuclear reactor designs, especially small modular reactors. This follows recent previous agreements with Canada, Japan, Russia, South Africa, the United Arab Emirates, Poland, Argentina and Romania.

Electric vehicles have numbered very few in global terms, but investment, innovation and necessity have brought us to where they may finally have found traction.

Augmented and virtual reality devices are among the most cutting-edge technologies in today’s tech landscape. The use of virtual and augmented reality in the utility field has the potential to transform the sector altogether.

The investment in oil and natural gas around the world had some particularly eye-popping numbers last week. That should be obvious to all of us. The U.S. Department of Energy remains abundantly clear: more oil, more natural gas.

Following the attacks on key crude oil production facilities in Saudi Arabia, President Trump announced the authorization of the release of oil from the U.S. Strategic Petroleum Reserve to keep the market well supplied. The market, not the President, should determine the release of the massive SPR.

No longer running for President, Mayor Bill de Blasio of New York is continuing his bid to overregulate his city into economic decline.

A report released this week from the IPCC finds that climate change poses a significant risk to deltas, and the hundreds of millions of people who live on them. However, the loss of sediment poses a more urgent threat to many deltas, and better planning of energy can greatly reduce that threat.

Oil demand has grown considerably – in 2000, it was only 78 million b/d. But now, it's nearng 100 million b/d.

American oil producers stand to benefit from the recent attacks on Saudi Arabia's oil fields. Even a small bump in the price of oil helps shale producers who have been operating near breakeven levels and demand for U.S. exports is rising as consuming nations seek more reliable sources of supply.

In an exclusive interview, Jeff Zindell, Vice President of Cybersecurity at global software-industrial giant, recounts rising tide of attacks and breaches but says the industry is getting pretty combative in its attempts at anticipating and mitigating risks.

The Ukrainian natural gas Burisma is now front-page news. What is it and how has it ensnared the Bidens and enveloped the USA in controversy?

With global demand up over 40% over the past decade, natural gas is clearly a destination fuel. Gas will remain the centerpiece of a strategy to grow economies, lift human development, and lower emissions. So how did this week's Climate Week in NYC miss this?

How is US tight oil performing in this febrile environment?

The city as we know it is ill-equipped to cope with changing demographics, rapid population growth, rising seas and erratic weather. Cities worldwide need to develop innovative strategies for what they aspire to be in 2050. What type of “smart city” should we aspire to create?

Discussions of climate policy are thrown off track by the widespread misuse of an extreme climate scenario

The lawsuit, using Energy Charter Treaty obligations as its basis, follows a similar one by Uniper against the Netherlands. Climate campaigners say the treaty is preventing European countries from tackling climate change.

At first glance, it may seem that the United States won’t be adopting a carbon pricing plan any time soon. But that’s likely to change sooner than you might think.

The solar industry is a game of shaving pennies. Expert Jenya Meydbray catalogues both the history of innovation and a host of new solar advances coming down the pike that will continue to drive costs lower.

As Democratic presidential contenders promise to end fracking, the well-regulated industrial process continues to produce phenomenal benefits to U.S. society.

Saudi Aramco is reportedly rapidly returning oil production to pre-attack levels, but their oil inventories have dropped sharply over the past two weeks.