Big oil has a big problem. It’s running out of oil. Energy News Beat Publishers Note (ENB): With the reduction in the big oil companies adding to their reserves, it will have a long-term impact […]
President Joe Biden’s attempts to mitigate climate change continued to see mixed reviews from New Mexico leaders as the President sought to reduce pollution by slowing fossil fuel production – a major driver of the […]
Four leading energy business leaders and early-stage investors have announced the formation of NuQuest Energy, a utility-scale renewable energy development company pursuing projects in the United States. The company intends to leverage its extensive experience in engineering, procurement, […]
US federal tax regulators and Congress have been addressing offshore wind industry needs to make tax equity financing more efficient, while the Department of Energy revamps its loan program to make $3 billion available to […]
Tracy Woods, ENB Contributor – This is an excellent notice from the DOE showing leadership. The U.S. Department of Energy (DOE) announced more than $61 million for technologies and processes that produce low-cost, low-carbon biofuels. Biofuels […]
An alliance of Wall Street and big tech is warning the Texas government against imposing new costs on renewable power plants as the blame game over the state’s winter blackouts intensifies. Companies ranging from Goldman […]
Shell is set to benefit from the higher commodity prices in the first quarter of 2021, but earnings will be adversely impacted by up to $200 million from the Texas Freeze in February, which hit the supermajor’s […]
A panel of federal appeals judges Washington, D.C., on Monday nixed a Trump administration rule that would have prevented the Environmental Protection Agency (EPA) from setting greenhouse gas limits on multiple polluting industries. The rule, finalized […]
A record amount of renewable energy capacity was built last year, thanks largely to investments in China and the U.S., according to the International Renewable Energy Agency. Renewables — mostly in the form of wind and […]
Pioneer Natural Resources is buying its neighbor in the Midland Basin, making it the largest producer in the Permian Basin. Irving-based Pioneer is using a combination of its own stock, cash and debt to purchase […]
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