Renewable/Green/Eco Energy

Exclusive Interview – Pioneer Energy designing and manufacturing processing equipment that decarbonizes the oil and gas industry

Exclusive Interview – Pioneer Energy designing and manufacturing processing equipment that decarbonizes the oil and gas industry

Publisher's Note: Dan Genovese with EnerCom met with Eyal Aronoff, Chief Executive Officer of Pioneer Energy to discuss Pioneer’s innovative, proprietary hydrocarbon processing systems that capture or eliminate emissions sources and turn otherwise wasted or flared gas and liquid streams

Exclusive Interview: TurbineHub’s single platform for comprehensive wind energy market intelligence and economic modeling

Exclusive Interview: TurbineHub’s single platform for comprehensive wind energy market intelligence and economic modeling

Publisher's Note: Dan Genovese with EnerCom met with Dylan Gust, Co-Founder and CEO of TurbineHub to discuss their wind energy data and geospatial analysis software solution that leverages the power of GIS to drive the future of wind energy development

Source: Oil Price

U.S. unveils supply chain requirements for EV tax credits

Oil Price


The U.S. government has unveiled tighter rules on electric vehicle (EV) tax credits to curb the nation’s reliance on China’s EV battery supply chains.

 

As part of President Joe Biden’s push to make 50% of U.S. new

Source: Oil Price

The oil projects that environmentalists should support

Oil Price


Last month, energy consultancy Wood Mackenzie came out with a warning: the world was running out of oil, but not just any oil. It was running out of oil that can be extracted with a low carbon footprint. …

Cowboy Clean Fuels completes Series A financing to advance renewable natural gas commercialization plan

Cowboy Clean Fuels completes Series A financing to advance renewable natural gas commercialization plan

Oil and Gas 360


Innovative Energy Transition Start-Up’s Patented Technology Utilizes Subsurface Coal Seams as Geologic Bio-Reactors to Produce Carbon-Negative Renewable Natural Gas From Alternative Biomass Feedstocks

DENVERMarch 28, 2023 /PRNewswire/ — Cowboy Clean Fuels, LLC (“we,” “us,” …

Source: Reuters

Oil, gas, clean energy groups unite to reform “broken permitting system”

World Oil


(WO) — Fossil fuel and green energy groups alike have joined forces, in an effort to reform what they call a “broken permitting system,” according to Fox News. A coalition that includes the American Petroleum Institute, Independent Petroleum …

Source: Oil Price

U.S. and Japan close critical minerals deal to counter China’s EV dominance

Oil Price


The United States and Japan have sealed a deal to cooperate on critical minerals for batteries that will see the two try and move EV supply chains away from China.

 

According to the deal, per the Wall …

Source: Oil Price

America’s grid has a multi-trillion dollar problem

Oil Price


Numbers are out again permitting us to update our US electric grid’s reliability report card. Last year, 2022, was nowhere near as bad as 2021–the worst year of the 24-year record. It was “only” the fourth worst year. …

Source: Oil Price

Investors start to realize the energy transition will take decades

Oil Price


The issue of how to reconcile the energy transition with energy security is taking center stage at one of the world’s biggest annual energy conferences this week. At the CERAWeek in Houston, the top oil and gas executives …

Exclusive Interview – Pioneer Energy designing and manufacturing processing equipment that decarbonizes the oil and gas industry

Exclusive Interview – Pioneer Energy designing and manufacturing processing equipment that decarbonizes the oil and gas industry

Publisher's Note: Dan Genovese with EnerCom met with Eyal Aronoff, Chief Executive Officer of Pioneer Energy to discuss Pioneer’s innovative, proprietary hydrocarbon processing systems that capture or eliminate emissions sources and turn otherwise wasted or flared gas and liquid streams

Source: CNBC

Why America’s outdated energy grid is a climate problem

CNBC


The network of transmission lines that carry electricity across the U.S. is old and not set up to meet the anticipated demand for clean energy sources like wind and solar.

 

Currently, electricity generation results in 32% of carbon

Source: Oil Price

The U.S. will be dependent on oil for far more than a decade

Oil Price


During President Biden’s 2023 State of the Union Address, he relayed an anecdote that I believe explains his stance toward the oil and gas industry. At first, he stayed on script with his prepared remarks, claiming:

“You …

Source: Oil Price

Renewable energy surge signals a tipping point for power sector emissions

Oil Price


An expected surge in renewables electricity generation over the next few years signals that the world is close to the tipping point of emissions in the power sector, the International Energy Agency (IEA) said on Wednesday.

In its …

Source: Reuters

Goldman Sachs to invest over $1 bln in Europe biomethane venture

Nasdaq


LONDON- Goldman Sachs Asset Management said on Monday it had launched a biomethane business called Verdalia Bioenergy and aimed to invest more than 1 billion euros ($1.08 billion) in Europe over the next four years.

Biomethane, a lower carbon …

Source: Reuters

BP believes oil demand will peak near 2030 as shift to renewables accelerates

Oil Price


Global oil demand is expected to peak between the late 2020s and early 2030s as the Russian invasion of Ukraine is accelerating investment in clean energy and governments are looking to bolster energy security with higher shares of …

Source: Reuters

Exclusive: U.S. Energy Department to allocate $118 mln to biofuels projects

Nasdaq


NEW YORK – The U.S. Department of Energy (DOE) on Thursday will announce over $100 million in funding to expand U.S. biofuels production, as the Biden administration works to cut greenhouse gas emissions from transportation and meet climate goals, …

Source: World Oil

API, Well Done Foundation partner to reduce emissions by plugging orphaned oil and gas wells

World Oil


(WO) – The American Petroleum Institute (API) and the Well Done Foundation signed a Memorandum of Understanding (MOU) to collaborate across a range of activities related to reducing emissions and the proper plugging of orphaned or abandoned natural …

Source: Oil Price

California city gives up on 100% renewable plan

Oil Price


As California goes, so goes the nation, or so they say. If that rings true, the nation is set for a reversal of some of its strictest renewable energy plans, after the Huntington Beach City Council voted to …

Source: Reuters

Davos 2023: Big oil comes in from the cold on energy transition

Nasdaq


DAVOS, Switzerland – A different type of energy transition has taken place at this year’s World Economic Forum (WEF) meeting.

 

Unlike 2021’s COP26 climate conference in Glasgow, where oil and gas executives were personae non gratae, fossil fuel …

Source: Reuters

Chevron to create JV for U.S. geothermal projects

Yahoo Finance


Chevron Corp is forming a joint venture with Swedish investment and development firm Baseload Capital to develop geothermal projects in the United States, the companies said on Wednesday.

 

Geothermal energy, which taps into heat within the earth, …

Source: Oil Price

Supply chain woes slow U.S. solar boom

Oil Price


Trade and supply chain barriers continue to slow progress in U.S. solar power expansion, despite the Inflation Reduction Act (IRA) which was designed to boost clean energy capacity rollouts, a quarterly report by the Solar Energy Industries Association …

Source: CNBC

Biden’s Inflation Reduction Act makes green hydrogen profitable at scale, Goldman Sachs says

CNBC


The United States’ Inflation Reduction Act represents a “turning point” when it comes to the economics of technologies such as renewables and hydrogen, according to Goldman Sachs.

 

During an interview with CNBC’s Steve Sedgwick on Tuesday, Michele …

Source: CNBC

‘Indiscriminate use of hydrogen’ could slow the energy transition, report says

CNBC


Hydrogen use by the G-7 could jump by four to seven times by the middle of this century compared to 2020 in order to “satisfy the needs of a net-zero emissions system,” according to a new report from the …

Source: Oil Price

Oman’s Energy Minister: It’s foolish to assume renewables can meet global demand

Oil Price


The world’s energy needs will only grow, and it would be “foolish” to think that rising demand can be met with renewables alone, Oman’s Energy Minister Salim Al-Aufi told CNBC on Tuesday.

Energy needs to be affordable and …

Source: Oil Price

Looming copper shortage could slow the global energy transition

Oil Price


The pace of the energy transition could be slowed by a looming shortage of copper, analysts and top copper producers say.

 

“There is going to be a very significant shortage in copper,” Richard Adkerson, chairman and CEO …

Source: Reuters

Goldman Sachs: Hydrogen generation could grow into $1 trillion per year market

Nasdaq


Hydrogen power has been on the market for decades but has never really been able to break the glass ceiling of mass-market appeal, mainly due to a host of technical and cost issues. But some experts now believe …

Source: Oil Price

Democrats propose buying and selling oil to fund EV rollout

Oil Price


Several Democratic Representatives have proposed new legislation that would allow the Department of Energy to buy and sell oil with the purpose of lowering gasoline prices and funding electric vehicle charging infrastructure.

 

Congressman Frank Pallone, Jr. introduced …

Source: World Oil

California to ban natural gas heaters by 2030

Oil Price


California has made yet another step on its way to complete reliance on renewable energy by banning the use of gas-powered water heaters and furnaces from 2030.

 

The proposal to ban these products was approved unilaterally by …

Source: Fox Business

Energy CEO hits at ‘energy ignorance’ driving current policy: ‘Little hope of ending the crisis anytime soon’

Fox Business


The ongoing energy crisis was preceded by a decade of red flags that went mostly ignored and global plans to transition from conventional energy sources to renewable options failed to address key issues, according to a chief executive …

Source: CNBC

Miner Piedmont unveils plans to build lithium refining plant in push for domestic EV supply chains

CNBC


Piedmont Lithium announced Thursday that it plans to build a new lithium refining plant in Tennessee, as the U.S. rushes to develop domestic supply chains for raw materials critical to the energy transition.

Thursday’s announcement follows the largest climate …