A Massachusetts-based startup that captures carbon dioxide directly from the air has raised $80 million from investors, including Bill Gates-led Breakthrough Energy Ventures. Founded in 2019, Verdox Inc.’s technology is Continue Reading
California water officials warned that the Golden State could face its third consecutive dry year after a lack of snow during the traditionally wet month of January. The state’s overall Continue Reading
Your browser does not support HTML5 video. Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will Continue Reading
High natural gas prices globally, the historically low storage levels in Europe, and the growing gas demand in Asia could incentivize more long-term U.S. LNG contracts. The role of gas Continue Reading
Permian output was 460,000 boe/d in 2022 Capex for 2022 will be $21 billion-$24 billion 2022 production should be up about 2%: CEO ExxonMobil sees its US Permian Basin production Continue Reading
Renewable energy company Orsted (ORSTED.CO) on Wednesday missed fourth-quarter operating profit expectations but said it expected a boost in earnings as wind speeds should return to normal this year after Continue Reading
Natural gas supplies from Poland to Germany via the Russian Yamal-Europe pipeline were suspended again on Wednesday morning after a tentative resumption, data from the German network operator Gascade showed. Continue Reading
An employee checks a Volkswagen ID.5 eSUV at a factory in Zwickau, Germany. Automakers and analysts often wonder when U.S. electric car sales might one day take off after years Continue Reading
A cyber attack on a German oil storage and logistics firm has impacted Shell’s oil supply chain in Germany, where it is rerouting supplies to alternative depots, the supermajor said Continue Reading
Despite record-high natural gas production, Russia has not been sending much above its contractual obligations to Europe this winter season. In the fourth quarter of 2021, Russia’s pipeline exports declined Continue Reading
