London energy sector advisor Dana Novakovic warns that insufficient investment in infrastructure could doom green energy initiatives and accelerate global recession.
The companies’ joint proposal aims to meet New York’s goal furthering an offshore wind supply chain.
The Pathways Alliance, comprised of Cenovus Energy, MEG Energy, Suncor Energy, Canadian Natural Resources, Imperial Oil and ConocoPhillips, represent 95% of Canada's oil sands production.
U.S. President Joe Biden will "not allow the American people to suffer because of the backwards agenda that House Republicans are advancing," Energy Secretary Jennifer Granholm said.
"As long as they can get away with it, they will continue to invest in fossil fuels; they will continue to throw people under the bus," Greta Thunberg said of oil and gas CEOs.
Russia has already supplied Turkey with approximately 450,000 tones of diesel since the beginning of the year.
Some European countries argued Biden's commitment to energy transition may disadvantage their companies, while other U.S. companies critiqued European taxes on oil firms.
API’s annual report offers a plan to bolster investment in oil and gas projects and streamline the permitting process even as the White House prioritizes renewable energy sources.
South Korea’s Qcells plans to start building a new solar parts manufacturing facility in Georgia during first-quarter 2023 with commercial production set to begin late 2024.