New York Rejects $1B Shale Gas Pipeline
New York denied a key permit for a $1 billion Williams Cos. shale gas pipeline, dealing a critical blow to a project that would shuttle fuel to customers in New Continue Reading
All Aboard the Electric Bus – Modern Public Transport Powered by Electricity is Coming Back
In 2011, the electric-vehicle manufacturer BYD Auto unveiled an early model of an electric bus at an industry conference in Belgium. The head of BYD in Europe, Isbrand Ho, later Continue Reading
US oil: Occidental’s $56bn gamble on finding value in shale
When Vicki Hollub stood up to speak at Occidental Petroleum’s annual meeting last Friday, she knew she was facing a skeptical audience. After three years as chief executive, she had Continue Reading
Meet America’s Newest $9 Trillion Climate Change Solution
Democratic Presidential hopeful and Washington Governor Jay Inslee unveiled a plan today for combating climate change through an oft-before cited transition away from fossil fuels and towards renewable energy. The Continue Reading
Bank Of Canada: Climate Change Among Top Vulnerabilities In Economy
For the first time, the Bank of Canada ranks climate change as a key weak spot in the Canadian financial system and economy, as a growing number of governments start Continue Reading
Surge of New Permian Basin Oil to Feed Global Supply
Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Sales of the new grade, known as West Continue Reading
Russian deputy PM says Transneft to compensate all parties for dirty oil damages
Russia’s Deputy Prime Minister Dmitry Kozak said on Thursday Russian oil pipeline monopoly Transneft would provide compensation to all parties that could prove real damages from contaminated oil. Russia halted Continue Reading
Exclusive: Kazakhstan to seek damages from Transneft for tainted oil loaded in Ust-Luga
Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian pipeline monopoly Continue Reading
BP faces investor push to beef up fight against climate change
BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry Continue Reading
Russia Hints At OPEC+ Deal Exit
OPEC’s key ally in all production cut agreements since 2017—Russia—appears to have somewhat reluctantly agreed to cut output in each of the OPEC/non-OPEC pacts over the past two years. Now Continue Reading