Category: Energy

May 24, 2023

The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win preliminary grants […]

May 22, 2023

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 […]

May 19, 2023

Renogy, the industry leader in off-grid and mobile energy, today announced that its flagship smart solar system REGO is now widely available and capable of delivering even more power and control for off-grid living. The latest advances in REGO are […]

May 11, 2023

Mounted on the rooftops of industrial buildings, solar panels could meet the entire electricity demand of up to 35% of U.S. manufacturers. A new study, published in Environmental Research: Infrastructure and Sustainability, investigates the feasibility of meeting these electricity demands […]

May 10, 2023

U.S. renewable diesel production took a number of steps forward over the past couple of weeks as two more facilities came online and another ramped up, with refiners seeking to meet the burgeoning competition for trucking’s alternative fuel dollars. Alternatives […]

May 4, 2023

Electric cars require batteries. This is a billion-dollar industry that Norway is investing heavily in. Five gigafactories are currently being built in Norway. All of these will manufacture batteries for electric cars, and the market could be huge. How environmentally […]

May 2, 2023

Greenhouse gas reduction, new jobs, new investment opportunities: the benefits of decarbonizing the electricity sector—one of the most polluting—are obvious. However, a transition to lower-carbon electricity production could have a negative impact on some regions, depending on their vulnerabilities and […]

April 28, 2023

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 […]

April 24, 2023

The last Congress passed and the Biden administration signed into law a series of big-ticket items meant to reshape America’s industrial footprint. One of them was the Inflation Reduction Act (IRA), which offers American consumers and developers significant incentives for […]

April 6, 2023

Walmart Inc. plans to add thousands of electric vehicle charging stations by 2030, joining a broader push to make it easier for motorists to pivot away from cars powered by fossil fuels. The expansion will add to the retailer’s existing […]

March 30, 2023

A group of Industrial Heartland senators wrote to Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Danny Werfel to demand action that will ensure the United States will “meet our climate goals while protecting and supporting American workers […]

March 29, 2023

It was just a few weeks ago that California Gov. Gavin Newsom called the oil industry the second most powerful force on earth, trailing only Mother Nature in its ability to bend the elements — both physical and political — […]

March 22, 2023

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, […]

March 20, 2023

Midsummer makes CIGS (copper indium gallium selenide) solar cells, and it collaborated with University of California, Los Angeles and Pioneer Materials to stack a perovskite cell on top of one of its products to make the tandem cell – with […]

March 17, 2023

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 […]

March 13, 2023

The Biden administration approved the massive Willow oil-drilling project in the Alaskan Arctic over the objections of environmentalists and many Democrats who wanted the project scuttled. The green light means Houston-based ConocoPhillips can start construction on its roughly $7 billion […]

March 12, 2023

Energy prices are roiling the global economy for the second time in a year. This time, it’s good news. Plunging oil and natural-gas prices are pumping up economic growth, putting money into consumers’ pockets, boosting confidence and easing pressures on […]

March 7, 2023

“Local teams will now enter the last phase of a test and verification programme which started with the platform installation in November 2022, in preparation of the technology industrialisation and certification for commercial scale projects currently under development,” according to […]

February 22, 2023

South Africa unveiled Wednesday new tax incentives to encourage investment in the production of clean power to help the country battle an energy crisis that has sparked worsening blackouts. Starting March 1, “businesses will be able to reduce their taxable […]

February 21, 2023

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 […]