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EPA and DOE to provide more than $1B to reduce methane emissions from oil and gas sector

Green Car Congress

The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction Program.

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Shell to close 1,000 gas stations to focus on EV charging deployment

Teslarati

Gas and oil giant Shell is looking to close as many as 1,000 retail gas stations in the coming years, as it pivots toward deployment of electric vehicle (EV) charging stations. As we grow our business offering charging for electric vehicles, we expect an internal rate of return of 12 percent or higher.”

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DOE awards $8.4M for accessing geothermal potential from abandoned oil and gas wells

Green Car Congress

million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. ICE Thermal Harvesting (Houston, TX).

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Oil giant TotalEnergies extends EV chargers in its French gas stations

Electrek

The French oil mastodon TotalEnergies is making amends – and doubtless seeking to make a buck from renewables as well – by installing fast-charging stands for EV cars at its gas stations along France’s highway system.

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BP axes jobs and scales back its EV charging business

Electrek

Oil and gas giant BP is slashing jobs at its electric vehicle charging business and pulling out of several markets as its big bet on rapid growth in commercial EV fleets “didn’t pay off,” according to company sources.

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In a US first, the oil and gas sector will pay fines for excess methane emissions

Baua Electric

Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. That’s because methane is a climate “super pollutant” that’s more potent than carbon dioxide.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

Green Car Congress

Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

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