The dream of a battery-centric energy supply is seductive, but the reality is that proponents of such a transformation misunderstand the capabilities and limitations of battery technology.
Given that the world will rely on fossil fuels for decades, even with the most stringent government policies to reduce energy use, oil companies face their own climate emergency. How can they retain social legitimacy?
New report finds that oil majors are pursuing energy transition strategies with shifts in product offerings and investment. Here's what they're doing.
Shell’s top brass wrestled with a dilemma that has since beset every major oil and gas company. How should a company that generates most of its profits by meeting the world’s still-robust demand for oil and gas navigate the future as the political tide turns increasingly against fossil fuels?
The Lundin Petroleum board also proposed to change the company's name to Lundin Energy AB, it said in a statement.
New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.
Some 71% of senior oil and gas professionals and executives surveyed by DNV GL expect to increase or maintain investment in renewable energy, decarbonizing oil and gas production and new low-carbon technologies.
Would you rather global societal breakdown occurred by climate change or mass energy poverty? Or none of the above?
Data shows wind, solar, hydro, nuclear and imports produced about 48.5% of Britain's electricity in 2019 while fossil fuels such as coal and gas contributed about 43%.
The energy firm paid 754 million Norwegian crowns (US$84.2 million) for the stake.
A scientific “miracle” will have to happen in order for the world to achieve a new energy economy.
Baker Hughes on Dec. 11 revealed a significant new advancement supporting its commitment to achieving net-zero carbon equivalent emissions by 2050 by entering into an agreement to purchase 100% of its Texas electricity from renewable sources.
BP Plc said on Dec. 4 it would supply renewable energy to Amazon.com Inc.'s European data centers that drive the technology giant's cloud platform.