(By Oil & Gas 360) – Geothermal energy is having a moment, and this time, it’s not driven by policy headlines or climate targets alone. It’s being pulled forward by something more immediate: the need for reliable, always-on power. A series of recent developments is reshaping how investors and operators think about geothermal’s role in the U.S. energy mix. EIG’s
(Oil Price) – Britain has urged some of the world’s biggest powers to adopt clean energy at a faster pace to boost energy security during a time of geopolitical turmoil. The United Kingdom’s Chancellor of the Exchequer, Rachel Reeves, appealed to world leaders to accelerate the global green transition during the G7 Foreign Ministers’ meeting, held in France from 26th to 27th March.
(World Oil) – Energy and natural resources (ENR) executives remain divided on the pace of the energy transition and the timing of peak oil demand, as policy uncertainty, cost pressures and shifting market dynamics reshape investment strategies, according to Bain & Company’s 2026 industry survey. The survey, which gathered responses from more than 800 executives across oil and gas, utilities, chemicals, mining
(By Oil & Gas 360) – The global energy system is being pulled in two directions at once. On one side, major oil companies are scaling back spending on low-carbon projects, marking the first decline in transition-focused investment since 2017. On the other hand, the latest geopolitical shock tied to the Iran conflict is reinforcing how exposed the world remains to
(Oil Price) – Germany-based utility giant RWE is expanding its U.S. portfolio beyond renewables, focusing a large part of planned $19 billion investments in the United States by 2031 on gas-fired power generation. RWE – which ditched U.S. offshore wind last year after the Trump Administration signaled renewables would not be a priority and wouldn’t be supported going forward – is now betting
(By Oil & Gas 360) – The global shift toward lower-carbon energy is facing growing pressure from a mix of investor activism, policy changes, and geopolitical turmoil, underscoring how complex the energy transition has become. At BP, a group of activist investors has pushed back after the company declined to support a shareholder proposal calling for stronger emissions commitments. The dispute
(Oil Price) – Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and supply chain hurdles limit the value that these assets could deliver, Barclays said in a recent white paper on “energy transition realism”. “The classic stranded-asset story focused on fossil fuels, but what we are now seeing is stranded-like outcomes also emerging for
(By Oil & Gas 360)- Energy policy is entering another period of strain, and the tension now runs through institutions as much as markets. The United States is openly questioning whether the International Energy Agency has moved too far from its original energy security mandate toward climate advocacy. At the same time, Europe is confronting the rising cost of meeting
(Oil & Gas 360) – The oil and gas industry is moving from intention to action. With a focus on sustainability and operational advancements, this sector is investing in groundbreaking technologies to meet new demands. Find out how the Oil and Gas Decarbonisation Congress (DECARBON) 2026 is driving this transformation and reshaping the global energy landscape. The oil and gas sector
(Investing) – WASHINGTON – The Trump administration’s decision to withdraw the United States from the foundational U.N. climate treaty, which the U.S. Senate unanimously adopted more than 30 years ago, may be illegal, according to some legal experts who say that Congress would need to approve its exit. President Donald Trump said on Wednesday that the United States would withdraw from
(Oil Price) – For decades, green hydrogen has been touted as the “next big thing” in clean energy technology, with particularly promising potential applications in hard-to-abate sectors like transport, steelmaking, and shipping. However, the long-predicted green hydrogen renaissance has never come to fruition due to several factors, including the prohibitively high cost of production and the energy losses and inefficiencies associated
(Oil Price) – The white hydrogen boom could be within sight based on recent finds in France, the United States, and other parts of the world. However, developers are still not sure of the costs involved with exploiting white hydrogen resources, as well as the technical challenges to accessing reserves, making the outlook uncertain. Unlike other low-carbon forms of hydrogen, such
