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Home2021May

Month: May 2021

Honeywell Ventures
Hydrogen

Russia offers cooperation with Saudi Arabia on hydrogen production

May 25, 2021 Andy Del Prado

MOSCOW, – Russian Deputy Prime Minister Alexander Novak on Tuesday offered to work with Saudi Arabia on hydrogen production, speaking during an online meeting of the intergovernmental commission of Russia and Saudi Arabia. “We have a proposal to create a working […]

Exxon - Energy News Beat
ESG

Exxon to add two new directors in battle over company’s future

May 25, 2021 Andy Del Prado

HOUSTON/BOSTON: Exxon Mobil said on Monday it would add two more board members, including one with climate experience, just days before a shareholder vote on whether to back new directors supported by activist investors unhappy with its […]

Finance

Bobby Lee Says Latest China ‘Bitcoin Ban’ Nothing to Fear and Nothing New

May 25, 2021 Andy Del Prado

China has taken a more active role in regulating bitcoin, but that won’t be a blow to bitcoin in the long-run – it will be a benefit, Bobby Lee, founder and CEO of crypto wallet Ballet, said in […]

Crude Oil News

Company Defies Michigan Governor’s Order to Shut Down Oil Pipeline

May 25, 2021 Andy Del Prado

A Canadian energy company has defied an order from Michigan Gov. Gretchen Whitmer to shut down a controversial oil and gas pipeline Wednesday amid growing concern that doing so could lead to fuel disruptions similar to those resulting from […]

Climate
International News

Natural Gas Replacing Nuclear, Despite What Cuomo and Others Say

May 25, 2021 Stu Turley

Belgium is the latest country to announce it will replace its shuttered nuclear plants with natural gas generation. The country has seven nuclear plants that will be retired by 2025 and has put in place a system of […]

Offshore

Biden-Harris Administration Advances Offshore Wind in the Pacific

May 25, 2021 Stu Turley

WASHINGTON — Secretary of the Interior Deb Haaland, National Climate Advisor Gina McCarthy, Under Secretary of Defense for Policy Dr. Colin Kahl, and California Governor Gavin Newsom today announced an agreement to advance areas for offshore […]

Shell -Shell -Energy News Beat
Energy Storage

Shell wins $2.5 bln Australian power contract with battery storage

May 25, 2021 Stu Turley

SYDNEY: Australia’s New South Wales (NSW) state said on Tuesday it has awarded a A$3.2 billion ($2.5 billion) 10-year power supply contract to Royal Dutch Shell PLC , which includes supplying battery back-up power for wind and solar energy. A 100 […]

Commodities

UK will not stop new oil exploration despite IEA climate report

May 25, 2021 Stu Turley

The UK will not commit to stopping new oil exploration in the North Sea despite warnings from the IEA that there can be no more oil and gas investments if the world wants to hit […]

Shell
ESG

Shell on Trial as Court Weighs Its Climate Responsibility

May 25, 2021 Stu Turley

A Dutch court verdict against Royal Dutch Shell Plc will determine whether it has a legal responsibility for climate change, in a case that will be watched by Big Oil executives globally. A panel of judges in […]

International News

Iran Braces for Hardline President With Nuclear Deal in Balance – a guarantee that the nice guy won’t win

May 25, 2021 Stu Turley

Iranians will get to choose from a field of mostly hardline candidates hostile to the West and skeptical of the country’s troubled nuclear deal when they pick their next president in June. The front-runner in the final […]

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