Sustainability

Noble Energy Releases Its 2019 Sustainability Report – Increases Transparency and Incorporates the Sustainability Accounting Standards Board Standards

Noble Energy Releases Its 2019 Sustainability Report – Increases Transparency and Incorporates the Sustainability Accounting Standards Board Standards

Noble Energy, Inc. (Nasdaq: NBL) (“Noble Energy” or the “Company”) published its 2019 Sustainability Report today, demonstrating strong results in the Company’s focus areas of improving environmental and climate performance, protecting health and safety and making a positive impact …

July 1, 2020 - 7:05 am Press Releases, Sustainability
Source: Reuters

BP’s stranded Canadian, Angolan assets expose wider industry risks

Reuters


LONDON  – When BP (BP.L) slashed its long-term oil price outlook last week, prospects in Canada and Angola were rendered worthless, company sources and analysts said, exposing broader risks the industry faces as the world pivots to …

Source: Reuters

German hydrogen economy to spark traded market for imports: consultants

Reuters


FRANKFURT  – Germany’s push to increase the use of hydrogen as a clean fuel to meet climate targets will require imports and a traded market to supplement home-produced supplies, a consultancy close to protagonists in the emerging industry said.…

The IEA’s Sustainable Recovery Plan Is Not Sustainable

The IEA’s Sustainable Recovery Plan Is Not Sustainable

Forbes


Oil & Gas Publishers Note: Interesting opinion from the IEA. Not sure I agree, but good to know all opinions. 

Governments of the world, take note. The International Energy Agency has a plan for you. If you take the …

Source: CNBC

IEA outlines $3 trillion green recovery plan for world leaders to help fix the global economy

CNBC


The International Energy Agency has laid out a $3 trillion green recovery plan, offering governments around the world a “once-in-a-lifetime” roadmap to sustainably rebuild their economies in the wake of the coronavirus pandemic.

The Sustainable Recovery report, published Thursday,

Exclusive 360 Energy Expert Network Video Interview: Hedi Mckillop – A Stranded Nation – Are you listening Canada and the United States?

Exclusive 360 Energy Expert Network Video Interview: Hedi Mckillop – A Stranded Nation – Are you listening Canada and the United States?

I have to admit that was not prepared for the emotional impact that the documentary "A Stranded Nation"' produced by Hedi Mckilop, had left me with after watching.  This documentary is an excellent look into the energy sector in Canada,

Source: Reuters

Exclusive: Oil major BP to cut 15% of workforce

Reuters


LONDON – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney’s plan to shift the oil and gas major to renewable energy, it said on Monday.…

Source: CNBC

Hydrogen trains could be on their way to Italy after major firms seal five-year agreement

CNBC


Transport manufacturer Alstom and energy infrastructure firm Snam are to collaborate on the development of hydrogen trains in Italy, the latest example of work being undertaken to integrate the technology into mass-transit systems.

In an announcement Thursday the firms …

Source: CNBC

Helping China cut carbon emissions isn’t a financial game every business can play

CNBC


BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught in a business cycle that shows how difficult it can be for stimulus …

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

Exclusive 360 Energy Expert Network Video Interview: Alex Epstein – Is there a moral case to not use energy in the reduction of poverty?

We live in a strange world. Some people believe that there are too many humans, and humanity is destroying the planet. Others are of the opinion that humanity should prosper. All too often people do not want to have a

Source: CNBC

Scandinavian joint venture to specialize in recycling electric vehicle batteries

CNBC


Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of both battery materials and aluminum from Norway’s electric vehicle sector.

In an announcement Monday, battery manufacturer Northvolt said the venture, dubbed Hydro …

Source: CNBC

The world’s ‘largest all electric commercial aircraft’ completes its first flight

CNBC


The planet’s “largest all electric commercial aircraft” has completed its maiden flight, the latest example of a zero-emission form of transport taking to the skies.

The Cessna 208B Grand Caravan took off from an airport in Moses Lake, Washington, …

Source: CNBC

Offshore wind project near Virginia Beach to use giant turbines with 108-meter blades

CNBC


A vast offshore wind project planned for waters off the coast of Virginia Beach looks set to use Siemens Gamesa Renewable Energy’s latest wind turbines, it was announced Tuesday.

The European company said that the 2.64 gigawatt (GW) Dominion …

Source: Reuters

Exxon, climate activists in showdown over independent board chair

Reuters


Shareholder activists targeting Exxon Mobil Corp’s climate policies stepped up a campaign to split the chairman and chief executive’s roles ahead of the oil major’s shareholder meeting on Wednesday.

Unlike European rivals, Exxon faces little government pressure to curb …

Source: CNBC

Details released of a huge offshore wind turbine that can power 18,000 homes per year

CNBC


Siemens Gamesa Renewable Energy (SGRE) has released details of a 14-megawatt (MW) offshore wind turbine, in the latest example of how technology in the sector is increasing in scale.

With 108-meter-long blades and a rotor diameter of 222 meters, …

Source: Reuters

Coronavirus widens climate rift between European and U.S. oil majors

Reuters


LONDON – Europe’s top oil and gas companies have diverted a larger share of their cash to green energy projects since the coronavirus outbreak in a bet the global health crisis will leave a long-term dent in fossil fuel …

Source: CNBC

An archipelago in the Atlantic wants to add tidal power to its energy mix by using kite-like tech

CNBC


Situated in the wilds of the northeast Atlantic between Iceland and Scotland, the Faroe Islands are peaceful, remote and beautiful.

The archipelago is also the site of a trial that, using tidal “kite” technology, could radically alter its energy …

May 13, 2020 - 12:30 pm Closing Bell Story‎, Energy News, Sustainability
Canadians want to seize opportunity in Critical Minerals

Canadians want to seize opportunity in Critical Minerals

OTTAWAMay 13, 2020 /CNW/ – Today, the Mining Association of Canada (MAC) released a new national poll, which highlights public enthusiasm for Canada to grow market share as a preferred global supplier of critical minerals, based on …

Source: CNBC

North Dakota’s largest power plant looks set to close as the owner bets on wind energy

CNBC


A 1,151-megawatt (MW) coal power station in North Dakota is set to be retired after it was deemed to have “lost value compared to other alternatives in recent years.”

Announcing the decision at the end of last week, electric

Coronavirus continues to impact the wind energy sector as Germany’s Nordex withdraws guidance

Coronavirus continues to impact the wind energy sector as Germany’s Nordex withdraws guidance

CNBC


Nordex has become the latest wind turbine manufacturer to withdraw guidance for the 2020 financial year, in another example of how the coronavirus pandemic is disrupting the renewable energy sector.

In a statement issued Tuesday the German company said …

Source: CNBC

A massive renewable energy scheme in Australia has been recommended for environmental approval

CNBC


A vast renewable energy scheme has been recommended for environmental approval by Western Australia’s Environmental Protection Authority (EPA).

The Asian Renewable Energy Hub is a planned development in the East Pilbara area of Western Australia. Set to cover 6,500 …

Source: CNBC

In Sweden, hydrogen has been used to heat steel in a bid to boost sustainability

CNBC


Two firms have trialed the use of hydrogen to heat steel at a facility in Sweden, a move that could eventually help to make the industry more sustainable.

Earlier this week Ovako, which specializes in manufacturing a specific type

May 1, 2020 - 2:00 pm Closing Bell Story‎, Energy News, Sustainability
Source: CNBC

The US wind industry installed over 1,800 megawatts in first quarter, but the coronavirus remains a risk

CNBC


The first quarter of 2020 saw the U.S. wind industry install more than 1,800 megawatts (MW) of new capacity, a report from the American Wind Energy Association (AWEA) has revealed.

According to the AWEA’s report, 11 new projects with

Exclusive 360 Energy Expert Network Video Interview: Gregory Wrightstone -​”We should use all of earth’s resources for the betterment of mankind,  and do it as good stewards.”

Exclusive 360 Energy Expert Network Video Interview: Gregory Wrightstone -​”We should use all of earth’s resources for the betterment of mankind, and do it as good stewards.”

We were able to sit down with Gregory Wrightstone, Author, Author, Speaker, and Climate Contrarian. While preparing for the interview, I was able to read his book "Inconvenient Facts", and review several interviews that Gregory had participated. The "Green New

energynow.com

How the Oilpatch and geothermal development can make Canada a global clean energy leader – David Yager

EnergyNow Media


It is clean, green, steady, unlimited and, as an energy source, free.

It employs many of the keys elements of Canada’s oil and gas industry from geophysics to engineering to drilling rigs to tubulars to chemicals to pumps.…

Source: CNBC

The coronavirus crisis means we may have already reached peak carbon

CNBC


The coronavirus crisis will likely lead to the largest ever decline of global carbon emissions on record, according to research from Goldman Sachs, illuminating the potential for a long-term low carbon recovery.

The Covid-19 outbreak has meant countries around

Source: CNBC

As the coronavirus pandemic bites, EDF lowers its nuclear output projections for 2020

CNBC


In the latest example of how the Covid-19 pandemic is impacting the energy sector, French utility EDF said Thursday that it was sharply revising down its projected nuclear output for this year.

In a statement, the company said it

April 16, 2020 - 2:30 pm Closing Bell Story‎, Energy News, Nuclear, Sustainability
America’s ‘clean energy’ workforce projected to fall by 15% in months ahead

America’s ‘clean energy’ workforce projected to fall by 15% in months ahead

CNBC


Over 106,000 people working in the U.S. “clean energy” sector lost their jobs in March as the industry struggled to soften the impact of the coronavirus pandemic, it was claimed Wednesday.

The analysis of Department of Labor data, released …

Source: Reuters

Equinor powers ahead with floating wind turbines despite oil crash

Reuters


OSLO – Norway approved on Wednesday Equinor’s 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, the energy ministry said.

The long-planned project is …

Barrick Sustainability Report Highlights Commitment to ESG

TORONTO, April 07, 2020 (GLOBE NEWSWIRE) —  Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) continues to strengthen its reputation as a trusted partner in its host countries across the world and is actively working to build a more sustainable mining sector fit …

April 7, 2020 - 5:00 pm ESG, Press Releases, Sustainability