The Latest
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.
Business
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.
Renewables
Equinor To Cooperate With China's CPIH In Offshore Wind
Norwegian energy firm Equinor and state-owned China Power International Holding (CPIH) plan to cooperate in offshore wind developments in China and Europe, they said on Sept. 25.
Renewables
Eni To Start Cooperation With Mainstream On Renewables
Eni has signed a co-operation agreement with Mainstream Renewable Power to develop large-scale renewable assets, the Italian oil and gas group said on Sept. 25.
Business
Shell Exec: In Clean Energy Transition, Some Won’t Survive
The low-carbon era is nearly upon us, say panelists at Gastech, and it brings huge marketplace changes.
Private Equity
EnCap Investments Ventures Into Renewable Energy
Houston-based EnCap Investments said Sept. 23 it formed an “energy transition” team to pursue opportunities as renewable energy sources are poised for rapid growth.
Legislation
Ex-Shell President: Utilize Enablers, Not Policy To Bring About Energy Change
While some believe some form of the Green New Deal could help America’s environment, John Hofmeister believes the proposed legislation is unrealistic.
Renewables
Shell, BP Join Science-Based Collaboratory Studying Methane Emissions From Natural Gas
SIEP Inc. (Shell) and BP recently joined the Collaboratory for Advancing Methane Science (CAMS), an industry-led consortium helping the natural gas and oil industry continue to improve its environmental performance.
Investment
Investors Turn Heat On Big Oil Ahead Of UN Climate Summit
Investors managing $15 trillion in assets turned up the heat on oil and gas sector on Sept. 18 ahead of a United Nations summit in New York aimed at accelerating efforts to fight climate change.
Methane
Occidental CEO Calls For New US Laws To Boost Carbon Capture
Occidental Petroleum Corp. plans to shift toward a carbon-neutral production model, it chief executive said on Sept. 12, but new U.S. laws are needed to support technologies designed to fight global warming.