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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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Surprise Natural Gas Drawdown Signals Higher Prices Ahead

Green Car Congress

The US electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. Natural gas consumption patterns are much more seasonal than for oil.

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Researchers Say Mix of Policies and Current or Near-Term Technologies Could Phase Out US CO2 Emissions from Coal-Fired Power Plants by 2030

Green Car Congress

CO 2 emissions from US coal-fired power plant could be phased out entirely by 2030 using existing technologies or ones that could be commercially competitive with coal within about a decade, according to a paper published online 30 April in the ACS journal Environmental Science & Technology. Credit: ACS, Kharecha et al.

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I’ve Done The Math – Now I’m Doing Something About It

Creative Greenius

Bill McKibben’s “Do The Math” article in 2012′s Rolling Stone magazine taught us that we cannot burn any more than 565 gigatons of carbon if we want to stay at 2° or lower. But our friends in the oil, coal and gas industry have 5,795 gigatons of carbon on the books. 15 years.

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Tesla Megapack project breaks ground, Arizona’s largest project yet

Teslarati

Moreover, while still receiving a significant 43% of its energy from natural gas, other fossil fuels like oil and coal are quickly shrinking in use, representing just over 13% of power generation combined, though nearly all of that share is coal power. What do you think of the article?

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Vedanta secures 11-year INR 3,900 cr loan from PFC – ET Auto

Baua Electric

Meenakshi Energy has a coal-based power plant at Nellore, Andhra Pradesh, which Vedanta will use to supply power to merchants. GW coal-based power plant at Janjgir Champa district. In September, Vedanta announced the demerger of its metals, power, aluminium, and oil and gas businesses to unlock value.

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