BlackRock CEO Larry Fink said he’s no longer using the term “ESG” (environment, social and governance) because it is being politically “weaponized” and he’s “ashamed” to be part of the debate on the issue. Why it matters: How the […]
The greenhouse gas in the air that has the greatest effect on atmospheric temperature is water vapour. Why have governments tried to ban carbon dioxide, methane and nitrous oxide emissions and not water vapour? Carbon […]
Bloc eyes framework to govern large-scale tech solutions Some scientists say technology may have unforeseen effects\ The European Union will join an international effort to assess whether large-scale interventions such as deflecting the sun’s rays […]
LONDON, June 26 (Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical […]
RIYADH: US energy firms last week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since July 2020, energy services firm Baker Hughes […]
The wind power giant, Siemens Energy, saw its stock crash 37% following a profit warning due to difficulties within its wind turbine division. These types of problems are not isolated to Siemens. Vestas, the world’s […]
“As we envision a clean energy future, we must actively ensure that the build-out sacrifices none and serves all,” said one advocate. As the United States ramps up clean energy production, the growing recognition that […]
Oilfield services companies are ramping up activity in low-carbon energy. Service companies focused on equipment and technology naturally benefit from new businesses earlier in the cycle. Current revenues from new energy businesses for the top […]
Securing Energy for Europe Holding GMBH (SEFE) has signed up for a 20-year purchase of 2.25 million tons per annum (MMtpa) from Venture Global LNG Inc., in a deal that is touted to make the […]
UAE-based drilling giant ADNOC Drilling has secured long-term contracts for five jack-up rigs, totalling approximately $2 billion, in support of ADNOC Offshore’s increasing drilling operations for accelerated production capacity growth. ADNOC Drilling confirmed the award […]
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