renewable energy Archives - Page 63 of 67

Occidental CEO calls for new U.S. laws to boost carbon capture

September 12, 2019

From Reuters Occidental Petroleum Corp (OXY.N) plans to shift toward a carbon-neutral production model, it chief executive said on Thursday, but new U.S. laws are needed to support technologies designed to fight global warming. Occidental, which recently purchased oil producer Anadarko Petroleum in $38 billion deal, is advancing its use of technologies to capture carbon, and prevent the element from

Valero, Darling planning major renewable diesel refinery in Port Arthur

September 9, 2019

From The Houston Chronicle Valero Energy and Darling Ingredients said Monday they’re planning to build a massive renewable diesel refinery in Port Arthur. The companies, which have a 50-50 joint venture called Diamond Green Diesel, would build the first-ever renewable diesel plant in Texas. They’re currently in the early engineering and cost review stages, so the project isn’t definitely going

UPDATE 1-Rosatom wins licence to build second nuclear reactor in Turkey

September 6, 2019

From Reuters Russia’s Rosatom has won a licence to start building the second of four planned nuclear reactors in Turkey and is preparing to install the first steel equipment on the first unit this autumn, Deputy CEO Kirill Komarov said on Friday. The $20 billion project to build four Russian-design reactors in Akkuyu on the Mediterranean is one of the

In Britain, Electric Cars Could Store Renewable Energy for Grid: National Power Co. - oil & gas 360

Colorado Joins California in Requiring Automakers to Sell More Electric Cars

August 26, 2019

From CNBC Colorado has become the 11th state to adopt California’s zero-emission-vehicle mandate forcing automakers to sell more electric cars in the state. The new rule was passed by Colorado’s air-quality commission by a vote of 8 to 1 on Aug. 23. It requires at least 5% of an automaker’s new car lineup to be electric vehicles, or EVs, by

First Big U.S. Offshore Wind Project Hits Snag Due to Fishing-Industry Concerns

July 29, 2019

From Reuters Trump administration infighting is holding up approval of the first major U.S. offshore wind energy project, with agencies sparring over whether the proposal does enough to protect the fishing industry, according to interviews and agency documents. The delays are a setback to President Donald Trump’s efforts to fast-track big energy infrastructure projects and could threaten the administration’s plans

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

July 26, 2019

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 was “part of the end solution.” According to the International Energy Agency, natural gas supplies 22% of energy used globally.

U.S. Offshore Wind Project Dealt Two Blows: Edgartown Commission Rejects Cables, Feds Delay EIS

July 12, 2019

The Edgartown conservation commission, in a 5-1 vote, has denied a permit for cables that would pass through the Muskeget Channel. Vineyard Wind proposed to bury two 400 megawatt export cables one mile off Chappaquiddick from its proposed wind farm 15 miles south of Martha’s Vineyard to a site in Barnstable. The cables had been approved by the Martha’s Vineyard

America's liquefied natural gas boom has a climate change problem, according to a report released on Monday. Oil & Gas 360

America’s LNG Boom on a Collision Course with Global Climate Movement

July 3, 2019

From CNN Business/NBC2 America’s liquefied natural gas boom has a climate change problem, according to a report released on Monday. The US energy industry is scrambling to build dozens of expensive export terminals that can be used to ship cheap natural gas to China and other fast-growing economies that want to move away from coal. While those investments make sense today, they will

Razor Energy Corp. announces first quarter 2021 results- oil and gas 360

Razor Energy Partners with Canadian Government, Alberta Innovates

June 27, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Geothermal power project gets $7 million contribution Razor Energy Corp. (stock ticker: RZE), a Canadian oil and gas company based out of Calgary, has partnered with the Canadian government through Natural Resources Canada, as well as Alberta Innovates, to develop a geothermal electricity project. The technology behind the project works by

A 10-Year-Old NatGas Power Plant in California Gets the Coal Plant Treatment

June 27, 2019

From ARS Tehnica Late last week, General Electric told a California regulator that it would close down a 10-year-old Southern California natural gas plant because it’s no longer economically competitive in California’s energy market. The news, first reported by Reuters, is surprising because natural gas plants tend to have 30-year lifespans on average, and natural gas is currently the cheapest fossil fuel on the market today.

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

As Coal Fades in the U.S., Natural Gas Becomes the Climate Battleground

June 27, 2019

From The New York Times America’s coal-burning power plants are shutting down at a rapid pace, forcing electric utilities to face the next big climate question: Embrace natural gas, or shift aggressively to renewable energy? Some large utilities, including Xcel Energy in the Upper Midwest, are now planning to sharply cut their coal and gas use in favor of clean and abundant

EIA: Renewables Generated More Electricity Than Coal in April

June 26, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Renewables edge out coal for the first time in U.S. history This April, for the first time in U.S. history, monthly electricity generation from renewable sources exceeded that of coal-fired means, according to the EIA. More precisely, coal was responsible for about 20% of the nation’s electricity, whereas renewables such as

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