Energy Transition

The Latest

Public Capital

Shell to Acquire US-based Renewable Energy Residential Retailer

The acquisition of Inspire Energy, a renewable energy residential retailer with joint headquarters in Santa Monica and Philadelphia, advances Shell’s strategy to build and scale renewable and low-carbon businesses, the European supermajor said.

July 27, 2021

Public Capital

Cenovus Energy Signs Solar Offtake Deal in Net-zero Push

Cenovus signed a 15-year power purchase agreement for the full output of a solar facility in southern Alberta, providing the offtake contract necessary for the construction of the project and ultimately helping Cenovus mitigate its scope 2 emissions.

July 26, 2021

Public Capital

What’s Driving Some to Consider a Permian Basin Exit

Analysts share insight on the oil and gas industry’s response to climate concerns and the future of fracking that has led some, like Shell, to consider withdrawing from the Permian Basin plus what opportunities remain for those choosing to stay.

July 26, 2021

Private Equity

KKR Commits up to $1 Billion to US Solar Firm after Acquiring Stake

Washington, D.C.-based solar energy firm Sol Systems and KKR announced a new strategic partnership in which KKR is committing up to $1 billion to acquire shovel-ready projects.

July 23, 2021

Public Capital

NextEra Energy’s Profit Energized by Renewable Demand Surge

NextEra Energy has recently seen its investor base rise, as countries and corporations move further away from fossil fuels, and last year had briefly pipped Exxon Mobil Corp. as the largest U.S. energy firm by market value.

July 23, 2021

Energy Transition

CGG, PGS to Develop Multiclient Data Collaboration for CO2 Storage

The companies will join forces to evaluate existing seismic data for carbon storage evaluation.

July 23, 2021

Business

Oil and Gas Investor: The Role of Tech and Service in Energy Transition

The oil and gas industry is being pressured in multiple ways to reduce emissions and redouble energy transition efforts but the technology and services sector is already making progress. Here’s how.

July 23, 2021

Exploration & Production

Q&A: Scott Angelle on the Environmental Advantage of US Oil, Gas

Former BSEE director Scott Angelle shares his thoughts on the energy transition and why the U.S. has some of the most environmentally advantaged barrels compared to other parts of the world.

July 22, 2021

Business

Updated Guide to Energy Transition under Biden Administration

Here’s a roadmap for navigating the energy transition updated by Mizuho Americas as nearly half a year into the Biden presidency has already shown that the path ahead for American renewables is unlikely to be as smooth or immediate as proponents say it will.

July 22, 2021

Public Capital

Hess Sets ‘Aggressive’ Emission Reduction Targets as ESG Performance Soars

Hess was recognized as the No. 1 energy company on the 100 Best Corporate Citizens list for its outstanding ESG transparency and performance this past year, the global independent oil and gas company said.

July 21, 2021