Renewables
Batteries Cannot Save The Grid Or The Planet
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.
Opinion: Big Oil Should Rebel Against Its Customers
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?
Integrated Oil Majors Race To Curb Emissions
New report finds that oil majors are pursuing energy transition strategies with shifts in product offerings and investment. Here's what they're doing.
Royal Dutch Shell Searches For A Purpose Beyond Oil
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 Latest
Public Capital
Total Acquires Stake in $3.7 Billion Offshore Wind Farm Project
The French energy giant will acquire a 51% stake in the Seagreen 1 project, which, once completed, will be Scotland’s largest offshore wind farm.
Investment
EIG Raises $1.1 Billion for Fund Seeking Energy Transition Opportunities
“With demand for capital high and many traditional sources of capital retreating, the fund is seeking opportunities in the global transition away from traditional hydrocarbons,” EIG President Randy Wade says.
Business
Report: COVID-19 Erases Five Years of Solar Job Growth in US
All 50 states in the U.S. show solar job losses as the industry outpaces the overall economy in job losses, according to a new report from trade group Solar Energy Industries Association.
Renewables
SK Innovation to Start Building Second EV Battery Plant in US
South Korea's SK Innovation Co. Ltd., a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant in the United States, the company said on April 28.
Renewables
Subsea 7 Wins Dutch Offshore Wind Farm Contract
Subsea 7 has been awarded a substantial contract by Vattenfall on April 23 for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18 km to 36 km off the Dutch coast in the North Sea.
Renewables
Wood Snags US Onshore Wind Contracts Worth over $100 Million
Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100 million, the company said on April 14.
Investment
From E&P Executive Editor: Early Innings of Energy Transition
Increased investment in and the deployment of carbon capture technologies are needed to further the energy transition.
Renewables
Oceaneering Secures Seabed Clearing Contract for Scottish Wind Farm
Oceaneering International Services Ltd. (OISL), a subsidiary of Oceaneering International Inc., said April 8 it has been awarded a contract from Moray Offshore Windfarm (East) Ltd. (MOWEL) to complete seabed route and debris clearance for the Moray East Wind Farm project in the Moray Firth, Scotland.
Exploration & Production
Exploration Technologies: Ensuring Prosperity
Explorers ensure oil and gas resource availability during the energy transition.
Emissions
California Sets Goal to Double Clean Energy by 2030
State agency’s policy would halt development of new natural gas plants.