Energy
By Tom Konrad Ph.D., CFA
The market for reliable redundancy power in homes and businesses is booming.
With increasingly people working from home and increasing news coverage of power outages due to
The value of UK electricity generated from fossil fuels fell 22% year-on-year in 2023 to the lowest level since 1957, Stat Brief wringer reveals.
The 104 terawatt hours (TWh) generated from
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Conservation: It doesn’t cost; it saves
RENEWABLE ENERGY
Utilization of non-renewable fount of energy has caused more environmental damage than any other human activity. Electricity generated from fossil fuels hassled to
Saudi Minister of Energy Abdulaziz bin Salman speaks during a media briefing at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in Riyadh for a press conference, on November
Thanksgiving looks different this year in America. Grandpas and grandmas, uncles and aunts, and cousins of all numbers probably aren’t gathering together for dinner, unless it’s over Zoom. That reality
Offices of the Norwegian energy major Equinor photographed in February 2019. Equinor, alongside SSE, is part of a 50:50 joint venture to develop the Dogger Bank Wind Farm.
Bloomberg | Bloomberg
Black Friday is upon us. For IKEA, that marks the expanded launch of a program to buy back furniture in an effort to curb consumption.
“We don’t want to encourage people
From paintings and literature to music and film, the natural world is an inspiration to many.
Its influence on architecture is also apparent, with a number of interesting developments now integrating
In 2017, Hazel Technologies was a plucky young startup with enough scientific success to raise $800,000 in seed funding and score a $600,000 development grant from the U.S. Department of
Relics. Environmental hotspots. Or maybe reminders of a simpler time. Good or bad, no one views America’s old coal-fired power plants with indifference.
In their day, they were reliable, cost-effective backbones
Week in Review
Stories discussed this week (6:25).
Features
How companies can engage authentically with communities (18:20)
Highlights from our VERGE 20 mainstage conversation with environmental justice leaders Rahwa Ghirmatzion, executive director of People
Partisanship runs deep in America.
We’ve self-organized so our neighbors, friends and social media agree with us, and we gravitate voices who are increasingly vitriolic towards those who don’t. Is it
Let’s do a quick thought experiment. Imagine stepping into an elevator and realizing that the man next to you is President-elect Joe Biden. You have 30 seconds to urge him
The word “premium” suggests high quality, the best of the best. But what is commonly called “premium gasoline” is a waste of money for countless drivers.
Thanks in part to the coronavirus,
This year, there has been much ado about zero. It’s becoming hard to read the green media, or even the mainstream media, without seeing new net-zero commitments from companies, governments,
Since President Donald Trump took office in 2017, the U.S. has stepped back from its international climate commitments by leaving the Paris Agreement and rolling back dozens of Obama-era climate
For decades, Black, indigenous and people of color (BIPOC) in the United States have sought environmental justice as a civil right, but now, the grave disparities in environmental harms are
In March, Samsonite announced “Our Responsible Journey,” a new global sustainability strategy that outlines its commitments across four priority areas: Product Innovation; Carbon Action; Thriving Supply Chain; and Our People,
When Ross Rachey set out to electrify Amazon’s fleet of last-mile delivery vehicles a few years ago, he thought it would be a matter of matching the company’s needs to
However you look at it, 2020 is a turning point for fleets.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large
Sebastian Gollnow | picture alliance | Getty Images
Some 130 miles south of Salt Lake City, engineers are working on what will become a giant cavity in the ground. It’s a
In the spring of 2020, many small farms across the U.S. found themselves in a bittersweet predicament. Restrictions aimed at slowing the spread of the coronavirus were forcing restaurants —
NextEra Energy recently passed ExxonMobil in market cap with headlines citing the milestone for the “clean energy” company. It’s also one of the biggest utilities in the world, but by
Cars sit in a dealership lot on the first day that dealerships are allowed to open to the public on May 20, 2020 in Linden, New Jersey.
Spencer Platt | Getty
Four years ago today, many corporate sustainability professionals — regardless of political leanings — stood shocked as they watched Donald Trump clinch the presidency in one of the biggest upsets
Swedish home furnishing company IKEA isn’t just focusing on what’s happening inside your home anymore. The company is also thinking about what’s happening in the streets outside. That is, the
The transportation industry is at a turning point: Ever-more ambitious climate goals are combining with the dropping cost of electric and low-carbon vehicles to make sustainable fleets more of a
Penguin Gentoo on the beach of the Dobrowolski Glacier with red snow in the background, a phenomenon that happens due to the heating of the water, on January 04, 2020
The Presidential election looming next week could change everything for the future of the environment, clean air and the markets contributing to the clean economy. And if Vice President Joe
Week in Review
Stories discussed this week (4:30).
Features
VERGE 20 mainstage highlights (16:55)
Lisa Jackson, vice president of environment, policy and social initiatives at Apple, reflects on the intersection of racial inequity and climate strategy;
Date/Time: November 19, 2020 (1-2PM ET / 10-11AM PT)
The process to decarbonize power systems is complicated. Grid operators are tasked with balancing affordability and reliability as more renewable energy comes
Week in Review
Stories discussed this week (7:25).
Features
5 questions with renewable fuels company Neste (20:40)
Jeremy Baines took on his role as president of Neste U.S. a little more than a year ago.
LONDON — When Hurricane Katrina devastated New Orleans in 2005, it proved to be a tipping point for Walmart, the world’s largest retailer.
While the business was doing well at the
Something changed recently in America’s fast-casual restaurants. It involved only a single company, but it could herald the start of a fundamental shift in the choices that diners make.
I’ll get
Back in my former life as a tech journo, my coverage was informed by the infamous “hype cycle” phrase coined by research firm Gartner to describe the arc of emerging
This story originally was published by Southerly, in partnership with Scalawag and Environmental Health News for its Powerlines series, which looks at climate change, justice and infrastructure in the American
A picture taken on June 3, 2020 shows an oil refinery in Libya’s northern town of Ras Lanuf. – Libya’s National Oil Company said Monday it had restarted production at
The American people always have possessed a very personal relationship with the U.S. Environmental Protection Agency (EPA). Like all personal relationships, the EPA and its public have their share of
Apple’s Lisa Jackson is moving social justice to the top of the list for protecting the environment. Coming from one of Fortune’s “most powerful women in business” at one of
Personal care products brand Gillette, known for its razors, set out to become a more sustainable company one decade again. And over the past 10 years, it has reduced its
A consortium of six global investors has entered into a $20.7 billion agreement with Abu Dhabi National Oil Company (ADNOC), the state-owned oil company said Tuesday.
As part of the agreement,
ICYMI, ride-hailing biggie Lyft announced last week that it plans to electrify every single car offering services on its platform by 2030, including both those that Lyft owns and rents to
Iranian flagged fuel tanker ‘Fortune’ is seen after it was docked at El Palito refinery in Puerto Cabello, state of Carabobo, Venezuela, on May 26, 2020.
Anadolu Agency via Getty Images
WASHINGTON
If you’re looking for the light of inspiration during one of the darkest periods the world has seen in decades, you’ve come to the right place.
We are proud to introduce our
This image depicts how the building could look once built.
Atlassian
With its world-famous beaches, fine weather and top class restaurants, Sydney, Australia, is an attractive destination for workers and tourists alike.
Now more than ever, companies everywhere must unite in the business of a more resilient, sustainable world. Despite progress made in many areas, we are not on track to deliver
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.
Dado Galdieri | Bloomberg | Getty Images
Oil prices rose on
The global COVID-19 pandemic is a historic Black Swan event that offers a Green Swan of opportunities to harvest innovation from 50 years of converging exponential technologies. We are presented
Factory workers secure large copper tube coils that will be wrapped and shipped out.
Michael S. Williamson | The Washington Post | Getty Images
The coronavirus pandemic is set to pave
Join us and discover the findings of research conducted by NRG Energy and GreenBiz Group, examining key plans and actions businesses are taking to address climate change.
The research represents responses
A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in
Dear Sustainability Community,
I come to you again. It’s been three years since writing my first article for GreenBiz, “Why diversity is the key to unlocking sustainability.” I provided a quick
An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia.
Simon Dawson | Bloomberg | Getty Images
Goldman Sachs sees a
Oil and gas stocks are defying the odds.
The SPDR S&P Oil and Gas Exploration and Production ETF (XOP) is having its best quarter on record, up over 102% since April
As our institutions strain under the uprising in cities across the country, I’ve been struggling to comprehend the depth of racism in America.
I understand why these moments of police violence,
Flames emerge from flare stacks at Nahr Bin Umar oilfield, as a worker wears a protective mask, following an outbreak of coronavirus, north of Basra, Iraq March 15, 2020.
Essam Al
Despite the pandemic, sales of electric trucks and buses are expected to surge in the United States and Canada over the next couple of years. And perhaps, surprising to many,
Offshore oil platforms are seen on April 20, 2020 in Huntington Beach, California. Oil prices traded in negative territory for the first time as the spread of coronavirus (COVID-19) impacts
Week in Review
Commentary on this week’s news highlights begins at 13:00.
Features
The quest for net-positive buildings (22:35)
The pressure for companies and cities to consider the climate crisis — and associated risks —
This is an excerpt from “Valuing Nature” by William J. Ginn. Copyright 2020 William J. Ginn. Reproduced here with permission from Island Press, Washington, D.C.
Resistance to change is universal. For example,
With an active hurricane season on the way, officials prep disaster plans for coronavirus challenges
People take shelter at the George R. Brown Convention Center after flood waters from Hurricane Harvey inundated the city on August 29, 2017 in Houston, Texas.
Getty Images
Disaster officials in the
The term “regenerative agriculture” has become two of the biggest buzzwords in nature-based climate solutions. But how many farms and food companies can say they follow both regenerative and organic
Whether it’s a creaky old house or a brand new, state of the art office block, the buildings we live and work in have a big impact on the environment.
The
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.
Tom Pennington | Getty Images
Oil prices edged higher on Thursday after data showed U.S.
A gull flies over a deserted Millennium Bridge near to St Paul’s Cathedral in London on April 13, 2020.
Glyn Kirk | AFP | Getty Images
The coronavirus pandemic and associated lockdowns
Oil production in Azerbaijan
Vostok
Google has pledged to stop building customized artificial intelligence (AI) tools that help oil and gas firms to extract fossil fuels worldwide.
The pledge came after a Greenpeace
In the last two months, oil has hit two very different first-of-its kind milestones. In April West Texas Intermediate, the U.S. oil benchmark, plunged below zero and into negative territory
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20.
Robyn
Maersk containers onboard the container ship Hammonia Husum, as it leaves Portsmouth harbour. (Photo by Andrew Matthews/PA Images via Getty Images)
Andrew Matthews | PA Images | Getty Images
Several major Danish
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.
Dado Galdieri | Bloomberg | Getty Images
Oil prices rose on
An offshore oil platform is seen with a tanker in the distance on April 20, 2020 in Huntington Beach, California.
Michael Heiman | Getty Images
Oil prices dipped on Wednesday as concerns
Like most big companies with a complex multinational footprint, Anheuser-Busch InBev’s sales slipped in the first quarter and the beer maker is embracing new financial discipline amid the coronavirus pandemic.
Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington.
Paul Morigi | Getty Images | Amazon
As Google’s cloud
A customer gets ready to fill his car with gasoline at a Shell gas station in San Francisco, California.
Getty Images
The upcoming Memorial Day weekend could be a test for the
Proponents of 3D printing technology and digital manufacturing solutions have been seeking their breakthrough moment for years. It took mere weeks to showcase their potential as enablers of flexible supply
A man walks past a store going out of business on May 5, 2020 in the Brooklyn borough in New York City.
Angela Weiss | AFP | Getty Images
The coronavirus pandemic
A pop-up cycle lane in Park Lane, London, where bollards have been installed to create segregation between cyclists and other road users.
Stefan Rousseau | PA Images | Getty Images
The mayor
This article is part of our Paradigm Shift series, produced by nonprofit PYXERA Global, on the diverse solutions driving the transition to a circular economy. See the full collection of
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.
Tom Pennington | Getty Images
Oil markets are re-balancing after a collapse in demand following
Today I bring you exclusive data from the cutting edge of food science.
Let me begin by managing expectations. This experiment is so grievously flawed that, to paraphrase Groucho Marx, I
An aerial view shows a cruise ship (L) and tanker vessel anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off
Situated in the wilds of the northeast Atlantic between Iceland and Scotland, the Faroe Islands are peaceful, remote and beautiful.
The archipelago is also the site of a trial that, using
Procter & Gamble’s Tide laundry detergent brand first introduced in January 2019 its “Eco-Box,” which has been compared to a wine box because of its design made from paperboard with
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20.
Robyn
Brian Hook (L), the US special representative on Iran, listens to a member of the Saudi military forces at an army base in al-Kharj, south of the Saudi capital Riyadh,
Steam billows out of a smokestack at the Poet Biorefining facility in Jewell, Iowa, Feb. 21, 2018.
Sergio Flores | Bloomberg | Getty Images
Where gasoline goes, ethanol follows, and both have
Editor’s note: In his April 7 column, “Can we flatten the curve on climate?” GreenBiz Group Executive Editor Joel Makower asked for readers’ comments on his suggestion to borrow the
An employee of the ‘Total’ oil refinery stands in front of a large tank with the company’s logo in Leuna, Germany.
Waltraud Grubitzsch | picture alliance via Getty Images
Total on Tuesday
If you squint just a little and tilt your head just so, you can begin to see the shimmer of silver linings coming out of this moment — a few
Workers operate a drilling rig for an EBR Energy LP natural gas well near Columbus, Texas.
Scott Dalton | Bloomberg | Getty Images
Oil prices surged on Tuesday as optimism around ongoing
Home textiles company Coyuchi has been ahead of the curve on sustainable business practices since its founding almost 30 years ago.
“The original founder was really one of the pioneers in
One of Orsted’s offshore wind farms, located off the coast of north-west England.
Alan Morris | iStock Editorial | Getty Images
Orsted reported Wednesday that its operating profit for the first quarter
If Canada’s political climate concern sounds like a sham to you, be assured that it often does to many Canadians, also.
The irony was not lost on us when, in July,
Oil and gas exploration and production companies, or E&Ps, are slated to lose a staggering $1 trillion in revenues in 2020, according to analysis by research firm Rystad Energy.
The E&P
Even in the old normal, the healthy $100 million investment disclosed this morning by agtech startup Pivot Bio — which hopes to disrupt the $65 billion global market for synthetic
Let’s not sugarcoat things: It’s a brutal time. And no matter how you view this moment or refer to it — “radical uncertainty” and “paradigm shock” are two worthy terms
Will Lester | Inland Valley Daily Bulletin | Getty Images
Over 106,000 people working in the U.S. “clean energy” sector lost their jobs in March as the industry struggled to soften
For most apparel brands and retailers, “where do we start?” is an important question on their way to circularity. In 2017, the Global Fashion Agenda provided important pointers as to
The historic deal reached by OPEC and its oil-producing allies to cut production has worked to “stem the tide, stem the damage that was being done to the market,” since the
People wearing face masks walk on the Bir-Hakeim Bridge near the Eiffel Tower in Paris, on March 27, 2020, on the 11th day of a lockdown in France aimed at
The coronavirus pandemic is weighing more on the oil market than the price dispute between OPEC and its allies, RBN Energy CEO Rusty Braziel told CNBC’s Jim Cramer Monday.
RBN Energy is
During the run-up to Earth Day, the GreenBiz editorial team is usually deluged with incoming news alerts from the stalwarts of sustainability and opportunistic consumer products companies touting eco-centric wares.
This
Texas has been slammed by the collapse in oil prices and the recovery ahead for the area and the national economy as a whole will be slow, former Dallas Federal
This was supposed to be a big year for biodiversity — a “super year,” as the United Nations proclaimed it as recently as February.
A number of landmark global meetings were
A detailed view of a Shell gas station sign showing the low price of $1.69 per gallon, the result of the coronavirus (COVID-19) outbreak on March 31, 2020 in Jacksonville,
If there’s anything the novel coronavirus pandemic has shown us, it’s how deeply interconnected so many of our basic survival systems are. This comes as no surprise to investors who
JPMorgan kicks off earnings season on Tuesday. The bad news: Short-term guidance will be very ugly.
But there’s some good news:
1) The Securities and Exchange Commission has told corporations that this
In the World Economic Forum’s recently published report on “The Future of the Last-Mile Ecosystem,” we anticipated that demand for e-commerce delivery will result in 36 percent more delivery vehicles
Photo by Supoj Buranaprapapong
The federal government has begun depositing the first round of coronavirus relief payments promised as part of the $2.2 trillion stimulus program.
Now that the cash is on
The pandemic and shelter-in-place measures have had the very clear effect of shutting down most transportation — flying, using public transit, and commuting to work — temporarily. But it looks
The sun sets beyond an oil pumping unit, also known as a ‘nodding donkey’ or pumping jack.
Andrey Rudakov | Bloomberg | Getty Images
A record oil production cut hangs in the
This is an excerpt from “Green Swans: The Coming Boom in Regenerative Capitalism” by John Elkington (Fast Company Press, April 2020). Published here with permission from the author. The above is
OPEC and its allies, known as OPEC+, on Thursday agreed to historic production cuts that will take 10 million barrels per day offline as the coronavirus pandemic saps demand for
A couple of years ago, luxury retailer Nordstrom collected data from its customers to get a better sense of their actions and sentiments about circularity, shopping and its impact on
Patrick Pleul | picture alliance | Getty Images
Wind power may have enjoyed a strong year in 2019, but the coronavirus pandemic is casting a shadow over the sector that could
Climate change is already a reality. The deadly bushfires in Australia, ferocious flooding in Indonesia and extended droughts in Vietnam have led to the destruction of infrastructure, investments and livelihoods.
Sen. Ted Cruz told CNBC on Monday he and eight other GOP senators recently ripped into the Saudi ambassador in a conference call over the oil price war with Russia
If you’ve looked into designing a business, you’ve most likely come across a business model canvas. Made up of nine components — customer segments, value propositions, channels, customer relationships, revenue
A pumpjack near the Yamashinskoye rural settlement in the Almetyevsk District.
Yegor Aleyev | TASS via Getty Images
Oil prices are on pace to register their worst quarterly performance on record, as
Oil production in Azerbaijan
Vostok
Crude oil benchmarks opened the month mixed on Wednesday, following their biggest-ever quarterly and monthly losses, overshadowed by fears of global oversupply as data showed a bigger-than-expected
Much has been written in recent weeks comparing the shocking and oppressive impacts of COVID-19 and future effects of climate change. But one of the most important links could be
The U.S. continues to pump near record amounts of oil, but U.S gasoline demand continues to drop as the whole world sees less need for fuel.
The latest weekly data from
I rarely get exasperated from reading environmental business media, but a quote last week in a Bloomberg article about sustainability and the U.S. economic crisis got me headed in that
A general view of the BP ETAP (Eastern Trough Area Project) oil platform in the North Sea around 100 miles east of Aberdeen, Scotland.
Getty Images
Demand for oil will likely be
We are both part of “Sustainability Veterans,” an informal group of professionals who have had leadership roles in the world of corporate sustainability and are exploring new ways to further
Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020.
Andrey Rudakov | Bloomberg via Getty Images
Oil prices steadied early
This article originally was published in the BSR Insight
How quickly life can change.
We are only in phase one of a pandemic that has changed the rhythm of daily life like
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud and Russian Energy Minister Alexander Novak at the start of an OPEC and NON-OPEC meeting in Vienna, Austria, December 6,
As investors prepare for the 2020 proxy voting season and try to assess the prospects for climate-related shareholder proposals (and decide how to vote), looking at data from last year’s
An abra driver wears protective gloves and a face mask on March 18, 2020 in Dubai, United Arab Emirates.
Francois Nel | Getty Images
Abu Dhabi is putting its development plans “on steroids”
The first in a monthly series exploring how clean energy can deliver on finance and corporate social and governance goals alongside climate and environmental benefits.
Solar deployment is accelerating as more
An end to the oil price plunge is nowhere in sight, energy experts say, as futures of international benchmark Brent crude fell below $30 a barrel Monday for the first
My father immigrated to Canada in the dead of winter dressed in every piece of clothing he owned. Growing up, I watched him build a mini-empire of denim stores that
Kenzo Tribouillard | AFP | Getty Images
A proposed climate law to enforce the European Union’s commitment to be climate-neutral by the year 2050 has drawn criticism from environmental organizations and
Editor’s note: The following is adapted from remarks made by Mauricio Gutierrez, president and CEO of NRG, during an earnings call in late February, a rare instance of sustainability issues
Oil prices sank to multi-year lows on Friday as the outcome from the OPEC+ meeting in Vienna remained uncertain.
U.S. West Texas Intermediate crude slid $1.71, or 3.8%, to $44.19 per
Week in Review
Commentary on this week’s news highlights begins at 6:08.
25 badass women shaking up the climate movement in 2020
Signs of progress for green chemistry
Can this app solve our coffee
1. Dow set to fall sharply after it nearly plunged 1,000 points Thursday
Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 5, 2020 at
Christiana Figueres and Tom Rivett-Carnac are best known for their work together at the United Nations Convention on Climate Change. Together, they negotiated the historic Paris Climate Agreement of 2015,
Iran’s petroleum minister, Bijan Namdar Zanganeh.
Stefan Wermuth | Bloomberg | Getty Images
Iran’s oil minister has hit out at other countries for not declaring confirmed cases of the coronavirus.
The accuracy of
Even the most courageous leaders have moments of doubt.
“I never think I am doing enough,” admitted Christiana Figueres, the Costa Rican diplomat who led the United Nations negotiations that yielded
OPEC Secretary General Mohammed Sanusi Barkindo (L), Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman (C) and Russian Energy Minister Alexander Novak (R) attend an Opec-JMMC meeting in the UAE
Gabriela Burian, senior director of sustainable food systems at Bayer, says that hunger is an issue that the company is trying to combat.
“Our goal is to make sure we
Minister of Energy of Russia, Alexander Novak (R) shakes hands with Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman (L).
Anadolu Agency
Oil producing group OPEC begins a two-day meeting Thursday, along
More than 200 U.S. cities, townships, and counties have adopted 100 percent clean energy targets (PDF). While some already have achieved them, many more are still trying to figure out
Oil production in Azerbaijan
Vostok
Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus
American Forests’ Eric Sprague on the importance of trees and the role companies play with forests
Eric Sprague, vice president for forest restoration at American Forests, says the threat to forests is just as important now as it was in 1875, when the organization was founded.
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.
Dado Galdieri | Bloomberg | Getty Images
Oil prices rose nearly
Robert Nickelsberg | Getty Images News | Getty Images
The solar industry in the U.S. employed 249,983 people in 2019, a 2.3% increase compared to the previous year, according to The
nikkytok | iStock | Getty Images
Worldwide demand for liquefied natural gas, or LNG, rose by 12.5% to hit 359 million tons last year, according to Royal Dutch Shell’s annual LNG
Oil production in Azerbaijan
Vostok
Oil prices fell on Friday with fears for fuel demand growing as the coronavirus epidemic that originated in China spread further beyond the country, while major crude
A kaleidoscope of color, the Great Barrier Reef is a natural wonder.
Located in waters off the coast of Queensland, Australia, it boasts a wide variety of life, from soft and
PamWalker68 | iStock | Getty Images
The U.K. government is phasing out the sale of both wet wood and house coal for “domestic burning” as it seeks to encourage the use
Tesla CEO Elon Musk poses on the red carpet as he arrives for the 43rd “Golden Steering Wheel” awards on November 12, 2019 in Berlin.
Tobias Schwarz | AFP via Getty
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement — oil and gas companies
A contractor for First Solar Inc. works on construction of the Tenaska Imperial Solar Energy Center South project in Imperial County, California.
Sam Hodgson | Bloomberg | Getty Images
Check out the
Bill Gates, billionaire and co-chair of the Bill and Melinda Gates Foundation, reacts during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland,
Sebastian Gollnow | picture alliance | Getty Images
The U.K. government announced £28 million ($36.47 million) in funding on Tuesday for five projects focused on hydrogen production.
The funding is part of
Potential rating downgrades
However, with regard to sovereign rating downgrades in the pipeline due to the coronavirus, Gill pointed to Middle Eastern economies instead of China.
If the outbreak continues beyond March,
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.
Dado Galdieri | Bloomberg | Getty Images
Oil prices were steady
There are over 1,900 edible insect species on Earth, many of which are already part of the diet in many countries.
Source: CNBC
What’s for dinner?
According to Barclays, it just might be
The U.S. energy secretary does not believe the ultimate impact of China’s fast-spreading coronavirus is a cause for concern for markets.
His comments come shortly after both OPEC and the International
A man working in a filling station of Sinopec, China Petroleum and Chemical Corporation, in Shanghai, China, on March 22, 2018.
Johannes EIsele | AFP | Getty Images
Oil prices climbed on
Oil jumped more than 3% on Wednesday as China reported the lowest number of new coronavirus cases since the end of January, easing concerns about a drop-off in demand for
A BP company logo is displayed on a fuel pump on the forecourt of a gas station operated by BP Plc in London, U.K.
Chris Ratcliffe | Bloomberg | Getty Images
Oil
Sinopec employees work on pipelines connecting a Sinopec natural gas facility and Binhai transmission station of China National Petroleum Corporation’s (CNPC) Dagang oilfield, in Tianjin, China October 22, 2018.
Reuters
The chief
We produce over 2 billion tons of waste per year, a number that’s expected to grow by 70% by 2050. We’ve long sought ways to turn all this waste into
Russia’s reluctance to jump on board a bigger OPEC production cut may signal a potential fissure within the oil producer alliance, known as OPEC plus.
Led by Saudi Arabia, other OPEC
Oil production in Azerbaijan
Vostok
Global oil demand will peak around 2040 – or “much sooner” – the International Monetary Fund (IMF) said in a new report on the future of oil.
The
Oil fell to its lowest level in more than a year on Monday as the coronavirus outbreak and its potential impact on demand continue to hammer crude prices.
“The oil market
Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain.
Spencer Platt | Getty Images
Oil prices rose on Tuesday, matching moves in other financial
Energy giant BP reported better-than-expected full-year net profit on Tuesday, outperforming analyst expectations despite lower oil and gas prices.
The U.K.-based oil and gas company posted full-year underlying replacement cost profit,
WTI crude dipped below $50 per barrel on Monday, the first time oil dipped below that level in more than a year. Oil prices are now in bear market territory
Yield is the new alpha.
That could be the way things are going as investors flock to stable, high-paying plays like utilities and long-term Treasury bonds amid growing concerns about the
An Iranian flag flutters on board the Adrian Darya oil tanker, formerly known as Grace 1, off the coast of Gibraltar on August 18, 2019.
Johnny Bugeja | AFP | Getty
Mark Carney, the outgoing Governor of the Bank of England.
Matt Dunham | WPA Pool | Getty Images
Mark Carney, the outgoing governor of the Bank of England, has been named as
Worldwide oil demand forecasts may be lower than in previous years, but OPEC Secretary-General Mohammed Barkindo said Friday to CNBC that demand growth is still “robust” and could surprise to
GE’s Haliade-X wind turbine has a 12 megawatt generator and stands 260 meters tall.
GE Renewable Energy
Construction work for a huge offshore wind farm in the North Sea is underway.
In an
DUBAI, United Arab Emirates — Dubai-based start-up Cafu is expanding its fuel-delivery operations to Oman, marking its first international market entry since it began services in November 2018.
“We are humbled
An Iraqi worker gauges gas emissions from an oil pipe at the Daura oil refiner
Getty Images
Oil prices rose to their highest in more than week on Monday after two large
This image shows Vestas’ V90-3MW wind turbines being used at the Kentish Flats Windfarm in England.
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Danish firm Vestas said Monday that it was aiming
Iraq doesn’t want to be caught in a “tug of war” between the U.S. and Iran, according to the chief executive officer of a UAE-based oil and gas company.
“It’s perhaps a
Bank of America CEO Brian Moynihan says money will keeping flowing to environment, social and governance funds (ESG) as more investors send the message that they want to own companies
GP: Electric car charging night
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The U.K. government is set to double the funding for the installation of electric vehicle charge points on residential streets to