Why Hydrogen Needs Nuclear Power To Succeed
For carbon-free hydrogen to play a significant role in decarbonization, it will need to be produced in large quantities at low cost to compete with hydrocarbons. In a future power Continue Reading
WoodMac’s Dramatic Plan For A 600% Carbon Tax
Last week, several Big Oil companies executives met at CERAWeek by IHS Markit energy conference to discuss, among other things, Strategies for the Energy Transition, Climate & ESG. An overriding Continue Reading
The Crisis Isn’t Over For Oil Refiners
Refiners and integrated oil firms continue to struggle with low refining margins, as a part of global oil demand—jet fuel consumption—is still enormously depressed by international travel restrictions. Margins for Continue Reading
The Single Biggest Threat To The Electric Vehicle Revolution
While 2020 was the year electric vehicles went mainstream, 2021 has revealed a gaping flaw in the EV boom. Demand for the new technology has skyrocketed, both in the United Continue Reading
Government of Canada investing C$2.75B to electrify transit systems across the country
The Government of Canada plans to provide C$2.75 billion (US$2.17 billion) in funding over five years, starting in 2021, to enhance public transit systems and switch them to cleaner electrical Continue Reading
U.S. Makes First Strategic Reserve Crude Sale to Foreign Nation
The U.S. Department of Energy sold crude oil from the Strategic Petroleum Reserve to a foreign government for the first time, according to the agency. The government of Australia and Continue Reading
Electric Vehicles Are the U.S. Auto Industry’s Future—If Dealers Can Figure Out How to Sell Them
Car dealer Brad Sowers is spending money to prepare for the coming wave of new electric models from General Motors Co. He is installing charging stations, upgrading service bays and Continue Reading
Russian Disinformation Campaign Aims to Undermine Confidence in Pfizer, Other Covid-19 Vaccines, U.S. Officials Say
Russian intelligence agencies have mounted a campaign to undermine confidence in Pfizer Inc.’s and other Western vaccines, using online publications that in recent months have questioned the vaccines’ development and safety, U.S. officials Continue Reading
Industry & environmentalists tell EU the future of shipping fuel is green hydrogen and ammonia
The EU should promote the use of green hydrogen and ammonia by ships as part of its upcoming maritime fuel law, major shipping industry players and environmentalists have told the Continue Reading
Oil Flirts With $70 After The OPEC+ Surprise
Brent is now flirting with the $70 mark after OPEC+ shocked markets once again by refusing to bring more oil production online. Oil skyrocketed on Thursday after OPEC+ decided to Continue Reading