Reuters NEW YORK/LONDON – Exxon and Chevron boasted to investors this week about booming U.S. oil production, illustrating how the gap has widened – at least in words – between top American oil and gas companies and their European rivals over efforts to transition to clean energy and fight climate change. World crude oil and natural gas production is running
EIA To explore the uncertainty associated with the assumption of current laws and regulations in its Reference case, the U.S. Energy Information Administration (EIA) will release an Issue in Focus article to its Annual Energy Outlook 2020 (AEO2020) later today. The AEO2020 Reference case generally assumes existing laws and regulations remain as enacted. However, policies that target emissions reductions have changed significantly over
GreenBiz Oil & Gas 360 Editors Note: Trevor d’Olier-Lees writes an excellent article looking at the renewable market, and if a downturn is on the horizon. The key take away’s from the article are surrounding the removal of tax incentives and the “market-driven era has begun”. I have always said that a balanced approach to energy production between fossil fuels,
Pocket Oil & Gas 360 Publishers Note: “The push for “renewable” energy, more Silicon Valley tech and the electrification of everything has a devastating impact on un-voiced communities and the environment. Wall Street hedge funds managers aren’t writing sternly worded ESG divestment letters about these impacts to the management teams of their favorite alt energy or tech stocks. And green
EIA Oil & Gas Publishers Note: Interesting news from the EIA regarding wind surpassing hydroelectric, but is this a time to celebrate? We are looking at the statistics on renewable energy and the CO2 impact to the environment. The impact on renewable energy does impact the CO2 pollution at a much higher volume than fossil fuels. So the real question
The Lane Report Northern Kentucky’s two major electrical energy suppliers, Owen Electric and Duke Energy, continue to be at the forefront of the movement to clean, renewable energy, with a couple of new or expanding programs. Cooperatives, of which Owen Electric is a member, offer a renewable energy program called Envirowatts. Touchstone represents a nationwide alliance of member-owned electric co-ops
VANCOUVER, British Columbia, Feb. 23, 2020 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) today announced it is withdrawing the Frontier Project from the regulatory review process. Teck CEO and President Don Lindsay has written to the federal Minister of Environment and Climate Change outlining the reasons for the withdrawal. The letter is available here and included below.
WTHI-TV10 Oil & Gas Publishers Note: WTHI-TV10 provides a good report on the coal industry, and some good advice is offered in the report: “We need more diversity on our system that our customers would be hurt if we have to comply with carbon regulations very quickly. You can’t build new power generations overnight. It takes long-range planning.” TERRE HAUTE,
Lima Ohio BLUFFTON — Congressman Bob Latta said Tuesday while touring an AEP storage system in Bluffton that energy storage technologies have the potential to increase the viability of renewable energy sources. “It’s about looking at nuclear energy, clean coal to natural gas, hydro and alternative energy,” Latta said. He said when looking at solar and wind energy it is
DH Oil & Gas Publishers Note: Last nights Democratic debate was the best entertainment, while being horrifying, evening my wife and I have had in a long time. The Deccan Herald posted a good article of Michael Bloomberg’s comments on fighting climate change. The US is not the major contributor to climate change, and have made improvements. China has made
Ohio Valley Resource Oil & Gas 360 Publishers Note: Brittany Patterson writes about a side effect of the war on climate change – peoples lives. Balanced energy plans include a slower migration from coal. The United States is not the worlds largest producer of CO2 polution. On a recent soggy Wednesday evening, dozens of West Virginians packed a conference room
CBS Oil & Gas Publishers Note: This story from CBS is an excellent example of bad business practices that give the energy sector a bad name. The energy, and oil & gas producers have enough problems improving their practices to help improve investor and public opinion of their firms. The AES power plant in Puerto Rico generates 300,000 tons of coal ash, the
