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HomeEnergyNews

EnergyNews

EnergyNews

Larry Fink Says Private Companies Create Structural ESG Problem

February 15, 2023 Mariel Alumit

​BlackRock Inc. Chief Executive Officer Larry Fink said the prevalence of private companies in supply chains has created a “structural problem” that means it’s not feasible to have corporations report all their ESG risks.The comments […]

Exxon
CCUS

Exxon to use Honeywell carbon capture tech at hydrogen facility

February 15, 2023 Mariel Alumit

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said. Honeywell said the technology would enable […]

Pipeline
Energy Crisis

Gas Pipeline Restart Is Set to Bring Price Relief to California

February 15, 2023 Mariel Alumit

​A key pipeline supplying natural gas to California is returning to service, signaling some price relief after an 18-month interruption that helped propel a surge in heating and power costs in the state.Kinder Morgan Inc.’s […]

Oil
EnergyNews

Oil and gas industry earned $4 trillion last year, says IEA chief

February 15, 2023 Mariel Alumit

OSLO, Feb 14 (Reuters) – The global oil and gas industry’s profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency […]

Earnings

VAALCO Energy, Inc. Declares Increased Dividend and Provides Operational Update

February 15, 2023 Mariel Alumit

HOUSTON, Feb. 14, 2023 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) announced today that the Company has increased its quarterly cash dividend to $0.0625 per share of common […]

Nuclear
Energy Transition

Nuclear energy wins OK as power source under EU green hydrogen rules

February 15, 2023 Mariel Alumit

The European Union is set to grant nuclear energy an exemption under its rules for producing renewable hydrogen, ending months of speculation and lobbying from countries including France. Hydrogen fuel producers will be able to […]

Gas
EnergyNews

Record 3,000-Mile Voyage for Canadian Gas Offers Relief for Asia

February 15, 2023 Mariel Alumit

(Bloomberg) A stream of natural gas that’s being unleashed from British Columbia’s vast reservoirs is blazing a record-setting path through global markets, providing hope for Canada’s beleaguered drillers and relief for energy-hungry economies around the […]

Biden
Climate Crisis

Biden Restarts $10 Billion Tax Credit for Clean-Energy Makers

February 15, 2023 Mariel Alumit

​The Biden administration is restarting a popular tax credit for manufacturers of solar panels, wind turbines, fuel cells and other clean energy equipment after getting a $10 billion infusion from the Inflation Reduction Act.Clean energy […]

EnergyNews

China’s Wind and Solar Are Now Almost Enough to Power Every Home – Really?

February 15, 2023 Mariel Alumit

(Bloomberg) Wind turbines and solar panels are now generating almost enough electricity to power every home in China. Wind and solar output jumped 21% last year to 1,190 terawatt-hours of electricity, the National Energy Administration […]

Russia
Crude Oil News

Russia Did Most Oil Drilling in Decade Even as Sanctions Hit

February 15, 2023 Mariel Alumit

When Russia announced last week that it would cut oil production by half a million barrels a day in retaliation against Western sanctions, there was skepticism about whether it was really doing so by choice. […]

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