Environment

October 30th, 2020 by Guest Contributor  Courtesy of Union Of Concerned Scientists.By Nicole Pinko, Corporate Analyst In an unexpectedly less terrible turn of events, 2020 has seen several oil and gas companies announce more ambitious climate targets. Just last week, ConocoPhillips released a new “net-zero” climate ambition, becoming the first US oil and gas company to

October 30th, 2020 by Guest Contributor  Courtesy of Union Of Concerned Scientists.By Mike Jacobs, Senior energy analyst Replacing the fossil-fueled energy supply with renewable energy requires unusual focus and substantial investment in the electricity sector. Our ability to meet these needs that are elevated by climate change, health impacts and recovery from the Covid-19 crisis

Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron reported its second straight quarter of losses on Friday after revenue during the third quarter fell 32% year over year as Covid-19 continues to hammer the industry. Amid declining oil prices Chevron said it implemented aggressive cost-cutting measures. The oil giant lost $207 million during

October 29th, 2020 by Guest Contributor  Courtesy of Union Of Concerned Scientists.By Elliott Negin If you aren’t already paying attention to energy storage, you should be. While most people admittedly don’t get giddy at the thought of a lithium-ion battery, energy experts and policymakers do, and they are becoming increasingly excited about the potential role

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters Exxon said Thursday that it intends to reduce its U.S. staff by around 1,900 employees as the energy giant continues to see its operations pressured by the coronavirus pandemic. The layoffs will occur through a mix of voluntary and involuntary programs.

October 29th, 2020 by Steve Hanley  Elon Musk says he expects Tesla’s energy business will one day be equal to or exceed its automotive business. That day may be some time in the future but the company is clearly expanding its solar and battery operations rapidly, both for grid scale and residential applications. Courtesy of

October 29th, 2020 by Rocky Mountain Institute  How rural America can capitalize on the economic development benefits of the ongoing clean energy transition. Originally published on RMI website.By Kevin Brehm We’re living in an era of big numbers and rapid shifts. In a matter of weeks, the pandemic transformed the lives of billions all over

A Shell tanker truck delivers fuel to a gas station, operated by Royal Dutch Shell Plc., in Rotterdam, Netherlands. Jasper Juinen | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported better-than-expected third-quarter earnings and announced plans to increase its dividend to shareholders. The Anglo-Dutch company reported adjusted earnings of

October 28th, 2020 by Zachary Shahan  The theme of the past decade in the energy industry has been sharply dropping solar power, wind power, and battery prices. This has already led to enormous changes in the energy sector across the world. However, it’s sort of like the arrival of somewhat low-cost cellular flip-phones. Yes, their

October 28th, 2020 by Zachary Shahan  SoftBank Group subsidiary SB Energy Global Holdings (SB Energy) has turned on a 102.3 megawatt (MW) solar power plant in Yakumo City, Hokkaido, Japan. The Softbank Yakumo Solar Park is accompanied by a 27.8 megawatt-hour (MWh) energy storage plant. This is the largest solar + storage power plant in Japan.

October 28th, 2020 by Zachary Shahan  Solar panels, wind turbines, solar panels, wind turbines, solar panels … you know the theme in the energy-generation sector. However, we’ve got a fun one tonight that doesn’t get much love — because it’s hardly deployed anywhere. As you might have guessed from the headline, I’m talking about tidal

October 27th, 2020 by Press Release  Penske is first truck leasing and rental company to deploy electric vehicles with customers operating in California LIVONIA, Michigan — ROUSH CleanTech, known for its advanced clean transportation solutions, is providing Penske Truck Leasing with all-new Ford F-650 battery electric vehicles later this year for deployment across Southern California.

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 LONDON — Energy giant BP on Tuesday reported a small profit for the third quarter, beating analyst expectations as the company benefited from stronger

October 27th, 2020 by Zachary Shahan  There is a rather ironic thing about Donald Trump. From 1985 to 1994, it’s been argued that he lost more money than any other American — due to the fact that he inherited such a fortune but then did so poorly at business. Nonetheless, during that time, he wrote

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 Al-Fil oil field, closed since January by the forces of eastern military strongman Khalifa Haftar. The NOC’s announcement came a day after output resumed at

October 26th, 2020 by Johnna Crider  Stäubli is participating in strategic cooperation for safer photovoltaic systems with the Laboratory for Photovoltaic Systems of the Bern University of Applied Sciences, according to a new press release. The Stäubli Group focuses on reliable, dependable electrical connection solutions for many industrial sectors. Stäubli’s focus is on three core