Source: Houston Chronicle Occidental Petroleum opened the first solar farm to directly power its oil and gas operations. Houston-based Oxy said the Goldsmith solar farm will provide the electricity to power its enhanced oil recovery operations in West Texas’ Permian Basin. “Occidental is taking an important step toward realizing our aspiration to become carbon neutral through the use of emissions-free
From Reuters The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for “drastic steps” to reduce carbon emissions. Over the last decade, EU countries have led a global shift towards renewable energy and set up the world’s largest emissions trading system to price
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
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
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
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
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
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.
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
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
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
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.
