Category: Energy

January 30, 2023

For the second time this January, House Republicans have advanced a measure to restrict presidential use of the nation’s emergency oil stockpile — a proposal that has already drawn a White House veto threat. A GOP bill approved Jan. 27 […]

January 27, 2023

Chevron Corp. banked historic profit last year as the pandemic receded and the war in Ukraine pushed oil prices to multiyear highs, with its shares climbing 53% while other sectors tumbled. The U.S. oil company in its quarterly earnings reported […]

January 23, 2023

MIOIR Researchers Professor Frank Geels and Dr. Julian Gregory conducted a longitudinal analysis of coevolving contexts and company strategies in the U.K. steel industry. While the existing literature makes important analyses of the technical and economic dimensions of decarbonization pathways, […]

January 17, 2023

Europe aims to provide more support to its domestic clean-tech industry in a push to counter subsidies from the U.S. and China, European Commission President Ursula von der Leyen said Tuesday. In a speech to the World Economic Forum in […]

January 13, 2023

As this infographic shows, global use of coal for electricity generation outweighed that of renewables by 8%. By 2027, this is predicted to flip, with renewables accounting for 38% of global electricity production compared to 30 percent from coal. The […]

January 12, 2023

On January 4, the U.S. Department of Energy’s (DOE) Office of Energy Efficiency and Renewable Energy (EERE) announced a $52 million funding opportunity announcement (FOA) that will accelerate research, development, and demonstration (RD&D) in domestic manufacturing to strengthen America’s economic […]

January 11, 2023

The U.S. and its allies are preparing their next round of sanctions on Russia’s oil industry, aiming to cap the sales prices of Russian exports of refined petroleum products in a step some market watchers warn could squeeze global supply. […]

January 9, 2023

The Big Apple wants to go green. First it needs to figure out where to put thousands of chargers needed for electric vehicles as the state phases out the sale of new gasoline-powered cars and trucks by 2035. Drivers in […]

January 5, 2023

The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced late Wednesday, i s a first step toward establishing the capacity […]

January 3, 2023

The globe is shrinking for Exxon Mobil Corp. and Chevron Corp. as the two largest U.S. oil companies pull back on big international oil projects and concentrate on a handful of more lucrative assets closer to home. The two fossil-fuel […]

December 29, 2022

As Tesla helped usher in electric cars, a Tampa Bay, Fla., company seeks to do the same for boating. Blue Innovations Group, founded by former Tesla global head of manufacturing Chuan “John” Vo, is working out of Pinellas Park on […]

December 28, 2022

Early this year, a small manufacturer in northern California called Auxin Solar petitioned the U.S. Commerce Department to investigate solar panels imported from Southeast Asia. Those imports, the petition contended, were essentially being made in China before being rerouted through […]

December 27, 2022

The oil-and-gas industry is increasingly looking to tap the rapidly growing pool of ESG-linked financing. Not everyone is convinced by the companies’ pledges to cut emissions, which underpin the loans. Since 2021, a handful of North American fossil-fuel companies have […]

December 21, 2022

Australia is well-positioned to be a global leader in green hydrogen production. Green hydrogen is produced using a renewable power source such as solar or wind. As a substitute for fossil fuels, it will help to meet growing renewable energy […]

December 8, 2022

Industrial-gas manufacturer Air Products APD 1.12%increase; green up pointing triangle and Chemicals Inc. and power company AES Corp. AES 3.43%increase; green up pointing triangle are planning to build a $4 billion renewable-powered hydrogen factory in North Texas, the latest large […]

December 5, 2022

In August, Virginia’s State Corporation Commission (SCC) approved an application by Dominion Energy Virginia for cost recovery associated with its proposed Coastal Virginia Offshore Wind Project (CVOW). The 2.6 GW project consists of 176 wind turbines, each designed to generate […]

December 2, 2022

The European Union reached a deal on a $60 a barrel cap on the price of Russian oil Friday, paving the way for the Group of Seven advanced democracies to launch the unprecedented mechanism on Monday, diplomats said. The EU […]

December 1, 2022

In an agreement with New York State, Li-Cycle will create nearly 270 jobs in Monroe County, part of the Finger Lakes Region, through the performance-based Excelsior Jobs Tax Credit Program. The Canadian lithium-ion battery resource recovery company will expand its […]

November 30, 2022

Almost seven-in-ten (67%) manufacturing decision makers in the US agree that their sustainability strategy has been restricted due to cost pressures. This is according to research findings by Visual Components. The stalling of progress in green initiatives is also revealed […]

November 18, 2022

You know what’s both cool and good? Lemme tell you, buddy: The Inflation Reduction Act (IRA). It’s cool because a society-wide switch to clean energy will slow down the warming climate, and it’s good because it will help facilitate that. […]