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?
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.
State agency’s policy would halt development of new natural gas plants.
Lightsource BP has successfully closed on a $250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast of Dallas.
The plunging oil price is likely to put pressure on energy transition efforts to switch to renewables.
U.S.-based Exxon Mobil and Chevron this week focused their investor outlooks on sharp growth in oil and gas output, a stark contrast from their European rivals.
Declines suggest the end of the fossil fuel era could be on the horizon, said Tomas Kaberger, an energy professor at Chalmers University of Technology in Sweden, who provided the data to Reuters.
From renewable power projects to cutting emissions from oil and gas operations, supermajors on both sides of the Atlantic are taking different approaches to going greener.