Business

Energy

As long as the aviation sector continues to suffer, crude oil prices will fail to recover.

Following the blast at Beirut's port, Siemens Energy offered to deliver medical aid and to run two gas turbines with a total electrical capacity of about 80 megawatts (MW) free of charge. This week, however, the company altered its electric power offer due to various constraints in Lebanon.

The pain from 2020 continued for the U. S. oil and gas business on Tuesday, as French giant Schlumberger announced it would sell its U. S. fracking business to a smaller competitor, Liberty Oilfield Services.

Through the worst health crisis in many decades, U. S. natural gas prices were low and stable from January until the end of July. August, however, was surprisingly a much different story.

The green bond market is set to swell to $1 trillion next year, as the German government announces its issuance plans.

Turning a data Spindletop into an intelligent enterprise is not unlike what they did back in East Texas: build the platform, control the resource, and then get value out of it.

Joe Biden spearheaded the New Energy Economy — the one that relies on clean energy, including natural gas. As such, the former Vice President would never ban fracking but he would closely monitor it.

While lenders can’t tell farmers to adopt specific practices, they can develop lending programs and products to support farmers in transitioning to conservation practices that build resilience.

Leaning into a distributed energy future is a complex endeavour for utilities, according to Elta Kolo, Wood Mackenzie Grid Edge Research Content Lead, and Fei Wang, Wood Mackenzie Research Manager

Solar panels dominated the installation of new power generation capacity last year, with almost half of all new capacity coming from photovoltaic (PV) schemes, new research from BloombergNEF reveals.

Capitalizing on surging demand for its shares the electric-car maker is raising up to $5 billion on the heels of a just-completed stock split that made it more affordable to retail investors.

Farmers Business Network is spinning out a new sustainable farming company, GRO Network, that will track and score the carbon footprint of specific crops down to the bushel and allow farmers to make more for their crops with lower carbon footprints.

Swedish company HYBRIT hopes to decarbonize an industry responsible for some 5-8% of the globe’s carbon dioxide emissions.

Poor nations need to use more, not less plastic, since doing so will improve people’s lives, just as it has done in developed nations for over a half-century.

It’s been a rough year for US shale producers. Prices collapsed, investment collapsed, the rig count collapsed, jobs collapsed. And production collapsed. Things are looking up, now though recovery will not be as swift as in the last big price collapse in 2015.

It is the Security and Sustainability Forum (SSF) which, since its founding in 2009, has been a consistent venue for debating, examining, and weighing the ideas that have propelled change in the energy industry and across the arc of producers and users and the transition to a low-carbon economy.

Better to hold a basket of oil stocks than bet on a recovery in Exxon.