$15B Texas LNG Project Wins DOE Authorization
NextDecade’s Rio Grande facility will be able to export LNG to FTA and non-FTA countries. The U.S. Department of Energy (DOE) has issued an order authorizing NextDecade Corp. to export Continue Reading
A Trillion Trees: How One Idea Triumphed Over Trump’s Climate Denialism
People warned Marc Benioff, the billionaire chief executive of Salesforce, not to bother talking to the White House about global warming. But Mr. Benioff, a tech mogul and environmental philanthropist, Continue Reading
Global Financial Giants Swear Off Funding an Especially Dirty Fuel
Some of the world’s largest financial institutions have stopped putting their money behind oil production in the Canadian province of Alberta, home to one of the world’s most extensive, and Continue Reading
Shale Gas Drillers Are Facing A Perfect Storm
Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week, Continue Reading
Extracting rare earth elements from coal with plasma assist
Rare earth elements (REEs) are vital materials for modern technologies. The US National Energy Technology Laboratory (NETL) is collaborating with the University of Kentucky and their subcontractor Virginia Tech to Continue Reading
Carbon Capture Wins Fans Among Oil Giants
Carbon capture has existed for decades, but some recent efforts seek to lower the costs of the process. Climeworks’s CO2 collection system in Hinwil, Switzerland. Can new technology suck carbon Continue Reading
BP oil and gas output expected to decline in energy transition: CEO Looney
BP’s oil and gas output is expected to decline “gradually over time” as it pursues a goal of becoming carbon neutral in its business overall and in the carbon content Continue Reading
Voltabox to supply battery systems to e-troFit for conversion of diesel buses to electric
Voltabox AG secured a long-term framework contract with e-troFit GmbH as the preferred supplier of high-performance battery systems for e-troFit’s conversion solutions for diesel buses. e-troFit is individually adapted to Continue Reading
Crude rebounds after heavy selloff, outlook volatile
Crude oil futures rebounded in mid-morning trade in Asia Friday, after settling down 2.5% overnight due to a heavy selloff, with the near-term outlook appearing similarly volatile amid developments in Continue Reading
Oil Up Despite Demand Fears
The U.S. became a net oil exporter in recent months, having exported 772,000 bpd on a net basis in November 2019. – However, most regions outside of the Gulf Coast Continue Reading