MRT The Permian Basin has been the center of oil and gas production nationally – even globally – amid its unconventional shale boom. Now the region stands to be the global center of efforts to capture and eliminate carbon emissions, helping the environment and climate change. That’s because the region will be the site of the world’s largest Direct Air
Washington Examiner More than a million Californians suffered power blackouts last Friday evening. When high temperatures caused customer demand to exceed the power available, California electrical utilities used rotating outages to force a reduction in demand. The California grid is the worst in the nation, with green energy policies pursued by the state likely furthering reduced grid reliability. At 6:30
EIA Monthly U.S. energy-related carbon dioxide (CO2) emissions fell to 307 million metric tons (MMmt) in April 2020, the lowest value in the U.S. Energy Information Administration’s (EIA) monthly series for CO2 emissions, which dates back to 1973. Travel restrictions and other measures to mitigate the spread of coronavirus in April resulted in sudden and significant changes in energy consumption, resulting
Saudi Aramco – 360 Feed Wire Integrating the climate change challenge with the circular carbon economy Riyadh — At a gathering of energy leaders in February, Saudi Arabia called on global cooperation for the rapid scale up of carbon capture utilization and storage (CCUS) to address climate change, and urged the adoption of the “circular carbon economy” concept as an
Gareth Foulkes-Jones “It is certainly a contentious topic. And one that is undoubtedly being fiercely debated around hundreds, if not thousands of board rooms. It is the issue of how Oil and Gas companies are having to, or possibly not, move with the times and reposition themselves as viable and sustainable businesses in the face of the rising tide of
Reuters LONDON/QUITO – European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest. Stand.earth and Amazon Watch said ING, Credit Suisse, Natixis, BNP Paribas, UBS and Rabobank were the largest backers in the shipment
Data Gumbo is presenting at The Oil & Gas Confrence at 3:45 Mountain on Monday the 17th of August, 2020. Sign up at The Oil & Gas Conference for a look at all of the presentations, and scheduling 1 on 1 meetings with corporate presenting companies. The website is theoilandgasconference.com Dan Genovese, Director, Consulting Services, EnerCom has the opportunity
Energyworld Oil & Gas 360 Publishers Note: We have been covering the use of natural gas and LNG to lower carbon emissions on the path to renewable goals. The hydrogen renewable solution can utilize the natural gas pipeline infrastructure. The collapse in global gas demand due to government lockdowns to stop the spread of the virus caused prices to fall
EIA According to data from the U.S. Energy Information Administration (EIA), 121 U.S. coal-fired power plants were repurposed to burn other types of fuels between 2011 and 2019, 103 of which were converted to or replaced by natural gas-fired plants. At the end of 2010, 316.8 gigawatts (GW) of coal-fired capacity existed in the United States, but by the end
Reuters Oil & Gas 360 Publishers Note: We are seeing across the investment community that ESG, renewables and morphing business to fall in line with scocial climate demands is required for survival. BP has taken this to heart, and should be watched as an example. LONDON (Reuters) – BP (BP.L) cut its dividend for the first time in a decade
Renewable Energy – Are the numbers what they seem? Real Climate Science on YouTube has over 17 million views, and 81K in subscribers. In anyone’s book that is a real success story. Tony Heller lays out the climate science in a clear, factual, and understandable presentation. Tony was able to sit down with our Dan Genovese, Director, Consulting Services, Enercom
RarePetro Oil & Gas 360 Publishers Note: We are seeing a world wide commitment to renewable energy in most governments Covid recovery stimulus infrastructure projects. This is an interesting article from Kevin at RatePetro going through the accrual costs, but is anyone listing? In Kevin’s conclusion :”Now, the oil and gas industry is one of the most highly environmentally regulated
