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Month: March 2021

Category:
  • Railroads
  • USA

Rails Tout Climate Edge Over Trucks, Wooing ‘Amtrak Joe’ Biden

U.S. freight railroads are trying to take advantage of a train enthusiast president who’s concerned about global warming with a lobbying campaign depicting their industry as a solution to climate Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon Adds New Board Members Amid Activist Pressure

Exxon Mobil Corp. XOM 3.73% added two new directors to its board Monday, as the beleaguered energy company tries to fend off calls for change from a pair of activist investors. The Texas oil Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • USA

Texas Blackout Bills Plunge Power Supplier Brazos Into Bankruptcy

Texas’s largest electric-power cooperative filed for bankruptcy, saying it is overwhelmed by the more than $2.1 billion in sudden bills stemming from the extreme winter weather that blanketed the state Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Geothermal
  • USA

Can Abandoned Oil Wells Be Used To Generate Geothermal Power?

“The decade of geothermal” is a phrase that is becoming increasingly common in media and energy industry gatherings as the international zero-emission push comes to include one of the most Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Shale Oil
  • USA

Oil Workers Move To Renewable Jobs, But The Pay Is Lower

As thousands of oil and gas jobs disappeared during the oil price and demand crash last year, more and more former oil workers moved to jobs in the clean energy Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Electric Cars

Betting on death of petrol cars, Volvo to go all electric by 2030

Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by the Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Exxon

Exxon Urges Shareholders to Reject Activist Investor’s Proposals

Exxon Mobil Corp. shareholders should reject activist investor Engine No. 1’s proposals at the company’s annual meeting, the oil giant said Monday in a preliminary proxy filing. The company said shareholders should Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Climate
  • USA

Oil Trade Group Is Poised to Endorse Carbon Pricing

The oil industry’s top lobbying group is preparing to endorse setting a price on carbon emissions in what would be the strongest signal yet that oil and gas producers are Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Energy Storage

New Battery Tech Could Make Solar Energy Storage Even Cheaper

US-based engineers have joined forces to develop high-voltage reference batteries for behind-the-meter energy storage applications, based on a bipolar technology that uses silicon wafers in traditional lead batteries. The wafers Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple
Category:
  • Russia

Russia’s February Oil Output Fell Despite OPEC+ Higher Quota – Bloomberg

Russia last month pumped below its OPEC+ oil-output target for the first time since the historic curbs began last May, failing to take full advantage of a more generous quota. The Continue Reading

Posted On : 2 Mar 2021 Published By : Tom Whipple

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