Faiza
Rizvi
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
Renewables
The Permian Paradox: Texas Shale Players Go Green To Drill More
As the thirst for electricity to power drilling rigs in West Texas drives the state’s energy needs to new highs, oil and gas companies are increasingly relying on wind and solar power to ensure that the shale boom continues.
November 8, 2019
Renewables
Bison Oil & Gas Partners II Announces Solar Project With Pivot Energy
Bison Energy, LLC, a wholly-owned subsidiary of Bison Oil & Gas Partners II LLC, and Pivot Energy said Nov. 6 the companies have entered into an agreement to develop their first solar project in Arapahoe County, Colo.
November 6, 2019
Renewables
Shell To Buy French Floating Wind Farm Specialist
Royal Dutch Shell is buying French renewable power company EOLFI as part of its plans to ramp up the oil major’s electricity business, the company said on Nov. 5.
November 5, 2019
Investment
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.
November 1, 2019
Liquefied Natural Gas (LNG)
Southeast Asia May Become Net Fossil Fuel Importer In Coming Years: IEA
Southeast Asia could become a net importer of fossil fuels in the next few years, raising the financial burden on governments and increasing carbon emissions in the region, the International Energy Agency (IEA) warned in a report.
October 29, 2019
Investment
Debunking The New Energy Economy
While a groundswell rises worldwide to replace hydrocarbons with renewable energies—and sooner rather than later—do physical realities support such a revolutionary change to energy domains? The short answer is no.
October 28, 2019
Business
IEA: Reaping Wind At Sea Could Become $1 Trillion Industry
Like shale and solar photovoltaic, wind can be a game-changer, says Fatih Birol.
October 25, 2019
Earnings
Aker Solutions Eyes 20% Of Revenue From Renewables By 2030
In an attempt to diversify its business, the company has taken a 23% stake in U.S.-based Principle Power, a developer of floating wind power technology, and is involved in floating wind power projects in the United States and South Korea.
October 23, 2019
Business
Eni CEO Sees No Future For Companies Working In Just Oil And Gas
There is no future for companies that work only in oil and gas in the medium- to long-term, the head of Italian major Eni said on Oct. 18.
October 18, 2019
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