Post Tagged with: "energy transition"

Source: bloomberg.com

Today’s global energy crisis is just the first in the “clean power” era

World Oil


(Bloomberg) –The world is living through the first major energy crisis of the clean-power transition. It won’t be the last.

The shortages jolting natural gas and electricity markets from the UK to China are unfolding just as demand …

Source: World Oil

OPEC and major oil companies each see a different path to energy transition

World Oil


WASHINGTON (Bloomberg) – Two of Big Oil’s biggest players dropped their long-term energy outlooks this week: French energy company TotalEnergies and the Organization of the Petroleum Exporting Countries. They offer quite different visions of the world 25 years …

Source: CNBC

Baker Hughes CEO lays out ‘hard truths’ behind the energy transition as gas prices surge

CNBC


The CEO of energy technology firm Baker Hughes has outlined what he feels are key points related to the energy transition amid deepening concern about rising gas prices and the knock-on effects this could have in the months ahead.…

Source: Reuters

Shell shareholders increase pressure for further climate action

Reuters


LONDON – Royal Dutch Shell shareholders overwhelmingly backed the company’s energy transition strategy on Tuesday, but increased support for a second climate resolution filed by an activist group pointed to growing pressure to tackle climate change.

A non-binding resolution …

Source: Reuters

Low carbon world needs $1.7 trillion in mining investment

Reuters


LONDON – Mining companies need to invest nearly $1.7 trillion in the next 15 years to help supply enough copper, cobalt, nickel and other metals needed for the shift to a low carbon world, according to consultancy Wood Mackenzie.…

May 10, 2021 - 3:30 pm Renewable/Green/Eco Energy, Uncategorized
BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition

BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition

Oil and Gas 360


A recent whitepaper authored by Charles McConnell with the Center for Carbon Management in Energy at the University of Houston, in collaboration with the Gutierrez Energy Management Institute, focused on the new technologies required for an …

April 16, 2021 - 9:00 am BrandAMP, Carbon Capture, Closing Bell Story‎
BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition

BrandAMP: Whitepaper – Carbon Capture, Utilization and Storage – Lynchpin for the Energy Transition

Oil and Gas 360


A recent whitepaper authored by Charles McConnell with the Center for Carbon Management in Energy at the University of Houston, in collaboration with the Gutierrez Energy Management Institute, focused on the new technologies required for an …

April 14, 2021 - 3:30 pm BrandAMP, Carbon Capture, Closing Bell Story‎
Source: CNBC

What ‘energy transition’? Global fossil fuel use is accelerating and set to get even worse

CNBC


LONDON — The world’s dependency on fossil fuels is likely to get even worse in the coming decades, exacerbating the risk of a climate catastrophe as world leaders and CEOs repeatedly tout their commitment to the so-called “energy transition.”

Source: Reuters

Column: Ensuring the energy transition is equitable

Reuters


LONDON  – Phasing out consumption of fossil fuels in favour of zero-emission sources of energy will cause major social and economic disruption, creating a large number of losers as well as winners.

Policymakers have begun to focus on the …

Energy transition risks political strife in oil-producing states: report

Energy transition risks political strife in oil-producing states: report

Reuters


LONDON – The transition towards green energy imperils oil-producing states that have lagged in diversifying their economies, United Kingdom-based risk consultancy Verisk Maplecroft warned in a report on Thursday. “Algeria, Iraq and Nigeria will be among the first casualties …

Source: Reuters

Latam lags in energy transition race; urgent needs unmet

Reuters


MEXICO CITY – As oil majors and developed nations push for a faster transition to clean energy, much of Latin America is struggling just to cover its basic supply needs for fossil fuels, which is forcing some countries to …

Source: Reuters

Energy leaders grapple with climate targets at virtual CERAWeek

Reuters


NEW YORK – Global energy leaders and other luminaries like Microsoft co-founder Bill Gates bored in on the tough road to transforming world economies to a lower-carbon future at the kickoff of the all-virtual CERAWeek conference on Monday.

Within …

Source: Reuters

State oil firms risk wasting $400 billion as energy transition speeds up

Reuters


LONDON – National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails to meet the Paris climate goals, a non-governmental organisation said …

Source: Reuters

Pandemic, energy transition to hasten peak in global oil demand: Rystad Energy

Reuters


OSLO – The COVID-19 pandemic and a faster transition to renewable energy sources will have a permanent impact on global oil demand, Norway’s biggest independent energy consultancy Rystad predicted on Monday.

Global demand will likely peak in 2028 at …

November 2, 2020 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Energy transitions and zero-carbon targets: Kemp

Reuters


LONDON  – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the 2010s to one centred around renewables, nuclear and carbon capture by the 2050s.

Experience suggests …

Source: bankofengland.co.uk

Mark Carney, former Bank of England Governor: How banks are better positioned to deal with downturn this time; why China has less room to act as a global stimulus and how energy transition will move “More and more to center stage” for investors

OAG360


Carney speaks with IHS Markit chairman and CEO Lance Uggla for the latest CERAWeek Conversations – available at www.ceraweek.com/conversations

Former Governor of the Bank of England and current UN Special Envoy for Climate Action and Finance Mark Carney says …

June 2, 2020 - 2:30 pm China, Closing Bell Story‎, Energy News, Finance
Photo: TechnipFMC

French half of TechnipFMC split reveals new company name

Houston Chronicle


Anticipated split will create two publicly traded companies.

The French half of Houston and Paris oil field service company TechnipFMC has revealed its new company name months ahead of an anticipated split that will create two publicly traded …

October 30, 2019 - 7:15 am Closing Bell Story‎, Energy News, LNG, Offshore, Oilfield Services
Gas is Part of the Solution in the Planet’s Energy Transition, Goldman Sachs Strategist Says

Gas is Part of the Solution in the Planet’s Energy Transition, Goldman Sachs Strategist Says

From CNBC


Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs.

Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas …