Clay Sell was drifting off to sleep at home in Dallas when the phone rang. It was Alexander “Andy” Karsner, who reported to Sell at the Energy Department during President George W. Bush’s administration and […]
With many Western integrated oil companies starting to wind down their oil and gas investments and selling upstream assets as they pivot to cleaner energy, commodity traders have been tipped to pick up some of […]
The trend of sustainable investing by incorporating environmental, social and governance (ESG) factors is gaining traction in India. There are as many as 10 exclusive ESG-focu-sed funds (six were launched in FY21). Globally, the assets under […]
Dissident shareholders of ExxonMobil have won two seats on the company’s board of directors. The election “will likely force it to alter its fossil-fuel focused strategy and more directly confront growing shareholder concerns about climate change,” according […]
Chris Womack will become chairman and CEO of Georgia Power on June 1, the company announced Wednesday. Paul Bowers, who has served as chairman, president and CEO of Southern Co.’s largest electric subsidiary for 11 years, […]
Natural gas production in the United States is set to grow to a new record of 93.3 billion cubic feet per day (Bcfd) in 2022 and will continue to rise thereafter, exceeding 100 Bcfd in […]
A global oil and gas giant sought to eliminate most flaring in the next five years, led by a facility in the Permian Basin. BP announced it was moving toward zero routine flaring, or the burning […]
In the race to go green, companies are doing the bidding of a growing class of powerful, socially conscious investors who are pouring trillions of dollars into businesses that can tout their environmental, social and […]
Energy News Beat Publishers Note: If the laws can not be voted in, there can be forced change through banks and insurance companies. Consumer pressure can reach far whether the opinions are right or wrong. […]
All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the […]
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