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HomeESG

ESG

Environmental, Social and Governance

Texas
Crude Oil News

Texas pulls $8.5B from BlackRock in stunning blow to ESG movement

March 19, 2024 Mariel Alumit

FIRST ON FOX: The State of Texas is terminating a massive $8.5 billion investment with trillion-dollar asset manager BlackRock over the state’s determination that the firm is engaged in a boycott of energy companies. In an announcement first […]

OIL
Big Oil Companies

CERAWEEK-BIG OIL EXECUTIVES PUSH BACK AGAINST CALLS FOR FAST ENERGY TRANSITION

March 19, 2024 Mariel Alumit

HOUSTON, March 18 (Reuters) – Top oil executives took to the stage of a major energy conference on Monday to vocally oppose calls for a quick move away from fossil fuels, saying society would pay a steep cost […]

Granholm
ESG

US clean energy transition ‘undeniable,’ Granholm tells CERAWeek

March 19, 2024 Mariel Alumit

The US is undergoing an “undeniable” shift toward cleaner sources of energy despite an equally indisputable need to secure fossil fuel supplies for the foreseeable future, US Energy Secretary Jennifer Granholm said March 18 at […]

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 […]

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, […]

Saudi Aramco CEO
Crude Oil News

Saudi Aramco CEO says energy transition is failing, world should abandon ‘fantasy’ of phasing out oil

March 18, 2024 Mariel Alumit

HOUSTON — Saudi Aramco CEO Amin Nasser said Monday that the energy transition is failing and policymakers should abandon the “fantasy” of phasing out oil and gas, as demand for fossil fuels is expected to […]

EPA
Crypto

EPA Requires all Oil and Gas Operators to Consider Bitcoin Mining

March 15, 2024 Mariel Alumit

In the final publication of EPA’s Standards of Performance for New, Reconstructed, and Modified Sources and Emissions Guidelines for Existing Sources: Oil and Natural Gas Sector Climate Review (Referred to as “NSPS OOOOb”) published in […]

energy
Energy Transition

Solving energy poverty was a liberal cause, but green energy policies may have made it much worse

March 13, 2024 Mariel Alumit

Fighting energy poverty is a cause many liberal organizations claim to champion, and often the solution they propose is a transition away from fossil fuels. As energy costs rise and people take a closer look […]

China
Energy Policy

Solar-panel supplier’s links to alleged abuses in China imperil US climate goal

March 11, 2024 Mariel Alumit

The dominance of China’s LONGi Green Energy Technology Co. Ltd. in supplying solar panels to the U.S. highlights the challenge authorities face in trying to eliminate alleged labor abuses from the country’s supply chains without smothering an […]

natural gas
Energy Tech

Powering seafood farming with natural gas

March 8, 2024 Mariel Alumit

The gelid temperature of minus 161.5 degrees Celsius is cold enough to kill any sign of life on the planet. A group of engineers in Shenzhen, however, has found a way to turn extreme cold […]

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