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E&P
Renewables
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?
Oil Industry Refuses To Back Away From Fossil Fuels
A who’s who of the global oil industry sketched out a persistent role for fossil fuels on Monday, blocks away from the UN where 66 nations pledged to reach “net zero” carbon emissions by the year 2050.
The Latest
Exploration & Production
Equinor To Invest Nearly $550 Million In Floating Wind Power Offshore Norway
The 88-megawatt (MW) capacity project, called Hywind Tampen, consisting of 11 turbines, would meet about 35% of electricity needs at the Gullfaks and Snorre fields, Equinor said.
October 11, 2019
Business
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?
October 9, 2019
Exploration & Production
Chevron Aims To Cut Intensity Of Greenhouse Gas Emissions From Production
Chevron Corp. aims to reduce the intensity of greenhouse gas emissions from its oil production by 5% to 10% over a seven-year period ending 2023 as part of an ongoing effort to combat global climate change, the company said on Oct. 3.
October 3, 2019
Field Development
Occidental Starts Up Solar Facility Directly Powering Permian Basin Operations
Occidental started on Oct. 3 its first solar facility to directly power an enhanced oil recovery field operation in the Permian Basin.
October 3, 2019
Business
Big Oil Talks Big Energy In Transition
Occidental Petroleum subsidiary Oxy Low Carbon Ventures and Royal Dutch Shell share thoughts on the energy transition and how the legacy oil and gas industry is evolving.
October 3, 2019
Natural Gas
US Group Forms To Defend Natural Gas Against Anti-Fossil Fuel Measures
A group backed by anonymous donors launched a campaign on Sept. 30 to promote the benefits of cheap, abundant natural gas against what it called "radical" proposals like the Green New Deal that would phase out use of the fossil fuel.
September 30, 2019
Business
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.
September 30, 2019
Renewables
RWE Touts 18 Gigawatt Renewable Project Pipeline In Green Shift
The move has turned RWE into Europe's third-largest renewables group after Spain's Iberdrola and Italy's Enel. It has also become the world's No.2 operator of offshore wind farms behind Denmark's Orsted.
September 30, 2019
Business
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?
September 29, 2019
Renewables
Report: Australian Billionaire To Back $14 Billion Solar Power Supply To Singapore
Atlassian Corp. co-founder Mike Cannon-Brookes has pledged to help fund an ambitious A$20 billion (US$14 billion) project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Sept. 25.
September 27, 2019