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Investment
Oil Shock Threatens To Take Wind Out Of Sails For Renewables Shift
The plunging oil price is likely to put pressure on energy transition efforts to switch to renewables.
Public Capital
Big Oil’s Gap Widens: US Oil Boom Vs. Europe’s Renewables Focus?
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.
Crude Oil
Report: Fossil Fuels For Power At Turning Point As Renewables Surged In 2019
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.
Investment
Varying Shades Of Green: Big Oil’s Different Energy Transition Approaches
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.
Public Capital
Opinion: Big Oil Is Facing An Existential Struggle
BP’s ambitious climate targets set a challenge for its global oil and gas peers.
Emissions
Merit SI, KOMIPO America Team On Solar Project Planned For Permian Basin
Merit SI LLC and KOMIPO America Inc. inked a joint development agreement on Feb. 12 to complete the development and construction of the 150 MW Concho Valley Solar project located in Tom Green County, Texas.
Public Capital
BP’s Net-Zero Goals See The Major Dwindle Oil Activity
BP’s shift to becoming a net-zero company uncovers an eventual transformation of its upstream oil and gas business.
Renewables
Oilfield Technology: Power Play
While barriers to entry are high, electricity is positioning to be the future of fracturing.
Public Capital
Lundin Petroleum Aims To Become Carbon Neutral By 2030
The Lundin Petroleum board also proposed to change the company's name to Lundin Energy AB, it said in a statement.
Investment
2020 Outlook: Energy Transition To Take Center Stage For Oil Industry
New research shows a sharp increase in expected low-carbon investment this year by oil and gas companies, despite volatile market conditions.