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Addison
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Energy Transition
BP Joins Consortium Seeking Wind Power Off Norway
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.
Can the World Reach Net-Zero Emissions by 2050?
The road to net zero will require closing technology gaps, collaboration, policy and realism among other steps, energy experts say.
Fastest-Growing Renewable Energy Sources Combating Climate Change
Renewable energy sources are important when trying to win the fight against climate change.
Total, Iberdrola CEOs Discuss Renewables in New Energy Landscape
All types of renewables will be needed to help reach carbon emissions reduction targets, the CEOs say.
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