Sunday, April 26, 2026

DONG Energy Sells Out of Oil & Gas for $1.3 Billion

DONG sells oil & gas assets to INEOS, making the company the largest private enterprise operating in the North Sea Petrochemical manufacturer INEOS announced today that it agreed to acquire all of DONG Energy’s oil and gas assets for total consideration of approximately $1.3 billion. The acquired assets produced 100 MBOEPD in 2016 and hold approximately 570 MMBOE of reserves

How Trucking will Meet the Looming 2024 Diesel Emissions Standards: Creatively - Oil & Gas 360

Europe Feels Pressure to End Use of Diesel Fuel

Poor air quality driving European cities against diesel At the December C40 meeting in Mexico, the mayors of Paris, Mexico City, Madrid and Athens announced that they will stop the use of all diesel-powered cars and trucks by the middle of the next decade. The leaders of those cities are worried about diesel’s impact on air quality. BBC reports that leaders

Electricity from the Sea is Real: the World’s Most Powerful Tidal Turbine Achieves 2 MW Peak Power in North Sea

2 MW floating turbine sends power to the UK national grid You’ve probably heard of the concept—using oceanic tidal flows to generate electricity. After the concept lived a sci-fi storyboard kind of existence for decades, a concept for an affordable technology to generate electricity from the sea has evolved into reality, thanks to the efforts of a Scottish engineering firm

The Wind Boom: Generators Moving to Wind because of Economics

With a proposed ~$4 billion investment in wind generation starting now, Xcel Energy wants to make wind 35% of its total energy mix by 2021 Xcel Energy (ticker: XEL) announced what it called the largest multi-state investment in wind capacity in the country—$3.5-$4.4 billion worth.  This week the company said it has proposed 11 new wind farms in seven states,

U.S. Lawmaker Wants EPA's Biofuel Waivers Investigated - Oil & Gas 360

U.S. 2016 Ethanol Exports Reach Second Highest Level Ever: EIA

Brazil, China drive ethanol export growth U.S. ethanol exports in 2016 rose to the second highest levels on record, according to a note released by the EIA today. The U.S. exported more than 1 billion gallons of ethanol last year, an increase of 26% above levels seen in 2015. Ethanol is typically used as a blending component in gasoline, typically

Wyoming, North Carolina Lawmakers Seek to Shut Down Wind Power

From POWER Magazine North Carolina Amazon’s latest wind farm in coastal North Carolina has completed construction and is weeks from beginning operations—and state legislators have just asked the incoming Trump administration to shut it down. The $400 million, 208-MW, 104-turbine project, built by Apex Renewables near Elizabeth City and backed by financing from Iberdrola Renewables, is supposed to power Amazon’s

Scientists Turn CO2 into a Gasoline-like Fuel Source

From the Christian Science Monitor Researchers Accidentally Change CO2 into Ethanol with Nanoparticles Researchers at the Oak Ridge National Laboratory, a Department of Energy lab in Tennessee, have discovered a mechanism for converting carbon dioxide into ethanol. Their method takes advantage of nanotechnology, creating a catalyst that produces ethanol from a solution of carbon dioxide in water. “We discovered somewhat

Solar -oilandgas360

Solar Generation Projects Require Abundant Acreage

18.5 Billion Solar Panels Could  Power the U.S., but … To generate electricity from the sun, you need either to collect solar radiation and convert it with photovoltaic cells to DC power, then to AC with an inverter, or you need to concentrate the sunlight onto one central collector from acres of “mirrors” and let the combined, concentrated heat from the

Electricity Giants Take Top Seats at Edison Electric Institute - Oil & Gas 360

Vermont Public Service Board Orders Strict Renewable Energy Standards Starting in 2017

New requirements: Vermont utilities must procure 55% of the electricity sold to customers from renewable sources in 2017, increasing to 75% in 2032 The State of Vermont is a recent example of a source of the tornadic nature of change that is coming to the power generation sector and electric utilities across the U.S. Joining California, Hawaii and New York with the nation’s most aggressive renewable

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to

Four Companies Generate Half of U.S. Renewable Energy

From SmartGrid News Four companies account for more than half of all renewable energy sales across the U.S.: Sempra Energy, Pacific Gas & Electric (PG&E), Edison International and Xcel Energy all reported that more than 20 percent of their total energy sales came from renewable resources, according to a report from CERES. Combined, the four companies accounted for more than