BP has agreed to join Norway’s Statkraft and Aker Offshore Wind in a consortium to bid for permits to build wind power projects offshore Norway, the companies said on June 14.
Renewable energy sources are important when trying to win the fight against climate change.
All types of renewables will be needed to help reach carbon emissions reduction targets, the CEOs say.
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.
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.
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.
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.
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.
The companies will join forces to evaluate existing seismic data for carbon storage evaluation.
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.
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.
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.
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.