Sustainability Archives - Page 3 of 94 -

Exclusive: Teren at EnerCom Denver – The Energy Investment Conference 2025

September 15, 2025

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference and the Energy Transition and Emerging Technology Series presenter replays for a limited time. Teren’s Terevue platform provides real-time, hyper-local alerts for environmental threats like landslides, floods, and debris flows from wildfires, with nearly 90% accuracy. It helps operators monitor and act on risks

U.S. Energy Chief calls net zero a “Colossal Train Wreck”

September 11, 2025

(Oil Price) – U.S. Energy Secretary Chris Wright blasted net-zero targets as a “colossal train wreck” ahead of his trip to Europe for a gas summit and meetings with EU officials, warning the push for climate policies could weaken energy security and derail a U.S.–EU trade deal. “Net zero 2050 is just a colossal train wreck,” Wright told the Financial Times

Data centers turn to nuclear for AI energy demands

August 14, 2025

(Oil Price)– Major data center operator Equinix (EQIX.O) has announced a series of agreements to secure advanced nuclear electricity, including power purchase agreements and a pre-order for microreactors, to fuel its data centers. The move comes as the growing energy demands of data centers, driven by technologies like generative artificial intelligence (AI), raise concerns about global power supplies. According to a

EPA set to cancel $7 billion in solar project grants

August 6, 2025

(Oil Price)– The U.S. Environmental Protection Agency (EPA) plans to terminate $7 billion in federal grants for solar power projects in low-income communities, the New York Times reports, as the Trump Administration continues to roll back Biden’s climate legislation and funding. The EPA is currently drafting termination letters to the 60 recipients of $7 billion in total federal grants

The coal conundrum: balancing growth and climate goals

July 30, 2025

(Oil Price)– Despite years of climate summits and net-zero targets, global coal consumption and production both hit record highs in 2024. According to the newly released 2025 Statistical Review of World Energy, global coal demand reached an all-time high of 165.1 exajoules (EJ), a powerful reminder of how deeply the world still relies on this carbon-intensive fuel. The Asia-Pacific Powerhouse

Republicans move to cut U.S. funding for IEA

July 24, 2025

(Oil Price)– A House committee has approved a bill that the U.S. withdraw its funding to the International Energy Agency as the Republican lawmakers consider that the IEA has strayed from its mission to safeguard energy security and has been pushing green energy policies instead. The House Appropriation Committee said in a report this week that the IEA “has strayed from its

How has the U.S. energy use changed since 1776?

July 16, 2025

(EIA) – In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of total U.S. energy consumption in 2024. Nonfossil fuel energy—from renewables and nuclear energy—accounted for the other 18%. Petroleum remained the most-consumed fuel in the

Latin America isn’t signing blind mining deals anymore

July 16, 2025

(Oil Price)– The mining sector continues to face new and growing challenges. President Trump only yesterday pushed copper prices to record highs after threatening 50 percent tariffs on the precious metal. Latin America is as exposed as any other region to the US tariff policy. But when it comes to the green energy transition, it’s mining companies and governments that

U.S. threatens to leave IEA over ‘unrealistic’ green energy forecasts

July 16, 2025

(World Oil) – (Bloomberg) – The U.S. may depart the International Energy Agency without changes to forecasting that Republicans have criticized as unrealistically green, President Donald Trump’s energy chief said. “We will do one of two things: we will reform the way the IEA operates or we will withdraw,” Energy Secretary Chris Wright said during an interview Tuesday. “My strong

U.S. cancels $3.7 billion for clean energy, including $331 million Exxon grant

June 3, 2025

(World Oil) – The Energy Department is canceling some $3.7 billion in government support for clean energy projects it said did not warrant continued backing from the Trump administration. The agency said the move came after it found the projects “failed to advance the energy needs of the American people, were not economically viable and would not generate a positive

From Vision to Action: PRC Europe 2025 Sparks Industry Transformation

May 22, 2025

(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Supported by the Host Sponsor, Eni S.p.A., and Regional Partners including Technip Energies, Sonatrach Raffineria Italiana S.r.l., Wood and Saras S.p.A., the Congress united specialists to forge partnerships and develop solutions advancing the

Trump officials lift ban on Empire Wind project, allowing construction to resume

May 20, 2025

(World Oil) – Following dialogue with regulators and federal, state, and city officials, the U.S. has lifted the stop-work order on the Empire Wind project, allowing construction to resume. Once complete, the offshore wind development will provide power for 500,000 New York homes, Equinor said in a statement. “I would like to thank President Trump for finding a solution that

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