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Home2024

Year: 2024

Talos Energy
Carbon Capture

Talos Energy Announces Divestiture of Talos Low Carbon Solutions Subsidiary to TotalEnergies

March 19, 2024 Mariel Alumit

HOUSTON, March 18, 2024 /PRNewswire/ — Talos Energy Inc. (“Talos”) (NYSE: TALO) today announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC (“TLCS”), to TotalEnergies […]

Hess
Big Oil Companies

ExxonMobil has “no interest” in Hess purchase amidst Chevron dispute, CEO says

March 19, 2024 Mariel Alumit

(Bloomberg) – The boss of Exxon Mobil Corp. said Monday that it has no interest in buying Hess Corp. outright, despite taking Chevron Corp. to arbitration over its proposed $52 billion merger with the other […]

energy transition
Energy Transition

Energy guru Daniel Yergin: «I’m sick of the energy transition discussion»

March 19, 2024 Mariel Alumit

At the COP28 climate summit in Dubai, countries committed themselves for the first time to moving away from oil, gas and coal. According to the International Energy Agency, demand for fossil fuels is set to […]

Shell
Big Oil Companies

Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel

March 19, 2024 Mariel Alumit

Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, […]

TotalEnergies
Crude Oil News

CERAWEEK: TotalEnergies to acquire upstream position in Eagle Ford Shale

March 19, 2024 Mariel Alumit

Global energy company TotalEnergies is expanding in the US shale patch with an upstream acquisition in the Eagle Ford of South Texas, chairman and CEO Patrick Pouyanné said March 18. “We are willing to integrate […]

Climate activists
Climate Crisis

Climate activists across Europe block access to North Sea oil infrastructure

March 19, 2024 Mariel Alumit

Climate activists in four countries are blocking access to North Sea oil infrastructure as part of a coordinated pan-European civil disobedience protest. Blockades have been taking place at oil and gas terminals, refineries and ports […]

climate
Climate Crisis

Bitcoin, data centers fuel energy spike, risking climate goals 

March 19, 2024 Mariel Alumit

  The United States is facing a new energy crisis — one that could make the climate crisis even worse. After more than 30 years of falling or flat demand for electricity, electric utilities are […]

Russia
Crude Oil News

Russia remains India’s top oil supplier – New Delhi

March 19, 2024 Mariel Alumit

Official data shows that crude imports from Moscow jumped more than 40% year-on-year in January Sales of Russian oil to India have continued to rise in 2024, despite the pressure from Western sanctions on Moscow […]

France
Imports

France backs push to curb grain imports from Ukraine – Politico

March 19, 2024 Mariel Alumit

Poland’s prime minister previously called for an end to preferential trade rules granted to Kiev due to the conflict with Moscow France has supported Poland’s call for further restrictions on imports of Ukrainian agricultural products, […]

gas
Electrical Generation / Utilities

What’s the future of gas? In Minnesota, utilities have to share 10-year visions

March 19, 2024 Mariel Alumit

No one knows what a gas utility will look like a quarter-century from now, as many states near deadlines for their 2050 climate goals. In Minnesota, though, state regulators will soon expect utilities to at […]

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