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Tag: energy


Energy, Industry Focus Areas

Rising Demand for Low Carbon Space Will Outstrip Supply

September 19, 2023

Via: Industry Today

As corporates eye their upcoming 2030 sustainability targets and re-assess their post-Covid workplace strategy, focus is sharpening on low carbon buildings. Energy efficient, electrified space powered by clean energy is in growing demand, not only because it’s resilient to changing […]


Energy, Industry Focus Areas

What is green hydrogen and why is it touted as a clean fuel?

September 6, 2023

Via: Phys.org

Green hydrogen is being touted around the world as a clean energy solution to take the carbon out of high-emitting sectors like transport and industrial manufacturing. The India-led International Solar Alliance launched the Green Hydrogen Innovation Centre earlier this year, […]


News

Oklahoma Is Reaching New Heights

August 29, 2023

Via: Business Facilities Magazine

The Oklahoma business climate is vibrant with growth of traditional industries invigorated with other sectors in more nascent stages. Economic development projects announced in 2022 and led by the Oklahoma Department of Commerce are expected to bring more than 7,000 […]


Energy, Industry Focus Areas

Duke Energy to pilot EV charging subscription service in North Carolina

August 28, 2023

Via: PR Newswire

As North Carolina looks toward a cleaner energy future with reduced greenhouse gas emissions and clean transportation, Duke Energy, General Motors, Ford Motor Company and BMW of North America are teaming up to launch a new electric vehicle (EV) pilot […]


Energy, Industry Focus Areas

New Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible

August 25, 2023

Via: PR Newswire

The U.S. government has announced a proposed $7 billion (for starters) on desperately needed breakthroughs in clean hydrogen production. The Department of Energy’s (DoE) biggest bet is on nuclear power plants, which they are hoping to convert into North America’s […]


Energy, Industry Focus Areas

New lithium battery with simple production and high safety developed

August 24, 2023

Via: Phys.org

Prof. Dr. Francesco Ciucci, Chair of Electrode Design for Electrochemical Energy Systems at the University of Bayreuth, in collaboration with his research partners from China, has succeeded in resolving the incompatibility between lithium nitrate and 1, 3‐dioxolane (DOL) for use […]


Energy, Industry Focus Areas

Minnesota: Exports And Energy Jobs On The Rise

August 24, 2023

Via: usiness Facilities Magazine

In May, the Minnesota Department of Employment and Economic Development (DEED) announced $5.4 million in funding for eight businesses through two programs—the Minnesota Job Creation Fund (JCF) and the Minnesota Investment Fund (MIF). These projects, described below, are expected to […]


Energy, Industry Focus Areas

BP Profits Are Cut in Half to $2.6 Billion

August 1, 2023

Via: Transport Topics

Energy giant BP said Aug. 1 that it earned nearly $2.6 billion in the second quarter, almost half what it posted in the first three months of the year as oil and natural gas prices that surged after Russia’s invasion […]


Energy, Industry Focus Areas

New catalysts for solar hydrogen production

July 19, 2023

Via: Phys.org

Finding sustainable and clean fuels is crucial in today’s global energy and climate crisis. One promising candidate that is increasingly gaining interest is hydrogen. However, today’s industrial hydrogen production still has a considerable CO2 footprint, especially considering processes like steam […]


News

USNC Selects Alabama for Advanced Microreactor Assembly Plant

June 22, 2023

Via: Business Facilities Magazine

Ultra Safe Nuclear Corporation (USNC) will invest $232 million in Gadsden, Alabama. Gadsden will be the location of the company’s MMR Assembly Plant (MAP). The highly automated facility will manufacture, assemble, test, and inspect the non-radiological modules needed to construct […]


Energy, Industry Focus Areas

New recipes for better solar fuel production

June 12, 2023

Via: Phys.org

Just as a superb meal requires the right ingredients prepared expertly, the production of better green fuel alternatives requires combining the right materials and methods. Recently, a team of researchers from China and the U.K. have found new ways to […]


Energy, Industry Focus Areas

$50M Clean Energy Manufacturing Facility Planned In West Virginia

June 12, 2023

Via: Business Facilities Magazine

Clean Vision Corporation, an emerging leader in the sustainable clean technology and green energy sectors, will invest at least $50 million and create at least 40 new jobs with the establishment of a manufacturing facility in Quincy, West Virginia. According […]


Energy, Industry Focus Areas, News

Manufacturer Expansions Bring Millions To Pennsylvania

May 22, 2023

Via: Business Facilities Magazine

Vitro will invest $93.6 million in upgrading its Meadville Plant located in Cochranton, Pennsylvania, and create approximately 130 new high-quality jobs. Vitro’s investment will rebuild and modernize a production line at its Meadville Plant located in Cochranton to support First […]


Energy, Industry Focus Areas

Exxon, Chevron Profits Are Robust as Oil Prices Drop

April 28, 2023

Via: The Wall Street Journal

Exxon Mobil Corp.  and Chevron Corp. CVX collectively posted $18 billion in first-quarter profits, showing resilience even as oil and natural-gas prices declined. The Western world’s largest oil companies rocketed to record earnings last year as energy prices soared following […]


Energy, Industry Focus Areas

Cooking Oil Shortage Looms as Biofuels Gain Appeal

March 22, 2023

Via: Transport Topics

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel. From the U.S. to Brazil and Indonesia, […]


Energy, Industry Focus Areas, Logistics, Process

Surging Chinese Oil Demand Pushes Shipping Costs Sharply Higher

March 17, 2023

Via: The Wall Street Journal

China is on an oil-supertanker hiring spree, a sign energy demand has sped up after the world’s second-largest economy limped out of its Covid-19 lockdowns. Traders carry crude to China, the world’s biggest oil importer, in Eiffel Tower-size tankers called […]


Aerospace & Defense, Industry Focus Areas, News

GE To Invest $450M+ In U.S. Manufacturing This Year

March 15, 2023

Via: Business Facilities Magazine

With plans to purchase cutting-edge equipment and make upgrades to position the company and its U.S. workforce for a strong future, GE will invest more than $450 million in its existing U.S. manufacturing facilities this year. The investments at eight […]


Energy, Industry Focus Areas

Chesapeake to Sell Shale Oil Assets to Ineos for $1.4 Billion

February 21, 2023

Via: The Wall Street Journal

Chesapeake Energy Corp. said Tuesday that it has sold oil assets to a division of U.K. chemical maker Ineos Group AG for $1.4 billion. The deal involves oil assets in the northern part of the Eagle Ford shale basin in […]


Energy, Industry Focus Areas

Abu Dhabi to Sell 4% of Natural-Gas Business in IPO

February 17, 2023

Via: The Wall Street Journal

The United Arab Emirates’ national energy company plans to sell a stake of about 4% of its natural-gas business in an initial public offering that it hopes will raise $2 billion, as Middle East petrostates increase plans to supply Europe. […]


Energy, Industry Focus Areas

BP Slows Transition to Renewable Energy as Oil Bonanza Continues

February 7, 2023

Via: The Wall Street Journal

BP PLC said it would slow its shift to lower-carbon energy, increasing spending on the oil-and-gas production that helped push the company to a record profit last year. BP in the fourth quarter joined its peers on both sides of […]