Oil & Gas A study by Rystad Energy looked at the Majors+ to examine the impact of the energy transition The global energy market is on the brink of a major transition to cleaner sources of energy. To adjust and transform, the world’s largest oil and gas firms are revising their long-term oil price and demand outlook, and need to
360 Feed Wire The U.S. Department of Energy’s (DOE) Office of Fossil Energy has announced up to $2 million in federal funding for cost-shared research and development projects under the funding opportunity announcement (FOA) DE-FOA-0002376, Enabling Gasification of Blended Coal, Biomass, and Plastic Wastes to Produce Hydrogen with Potential for Net-Negative Carbon Dioxide Emissions. This FOA seeks applications for the
Reuters Oil & Gas 360 Publishers Note: With ENI, BP and Shell migrating away from fossil fuels and on to renewables, the question is now being asked: “What will happen to the consumers on all products made with fossil fuels? The pricing models are indicating volatile, and dramatic. price increases on almost all manufactured products”. The consumers will be the
The Colorado Sun Western Slope commissioners say rules designed to pull the Front Range into federal ozone compliance are an “economic risk” for northwest Colorado Colorado is moving to tighten air emissions from a range of oil and gas activities – including hydrofracturing or fracking – with a general consensus among industry, environmental and community groups. In two days of
Next phase of project feasibility study to commence, will develop facility design to suppor…
Argus Global oil demand has already peaked in two of the three scenarios BP has modelled in its 2020 Energy Outlook. And there is a chance that the Covid-19 crisis will lead to acceleration of the energy transition, BP said. “This year’s Outlook explores three main scenarios — Rapid, Net Zero and Business-as-usual — which span a wide range of possible outcomes,” chief
Bloomberg As Angela Merkel weighs up the arguments for scrapping a Russian pipeline project, a cornerstone of the German chancellor’s carefully crafted energy strategy is at stake. Merkel is coming under increasing pressure to ditch the Nord Stream 2 pipeline after the poisoning of Russian opposition politician Alexey Navalny. Members of her own party have questioned the project and Polish
Rystad Energy It’s been a long and costly two decades of carbon capture and storage (CCS) studies and test centers. Now Europe has reached a stage where big-scale developments make financial sense and could trigger up to $35 billion in development spending until 2035 – by which time as much as 75 million tonnes of CO2 could be captured and
Argus Oil & Gas 360 Publishers Note: Interesting discussion points around the green movement and being good stewards of our planet. With the batteries being charged from grid power plants, and the precious metals required to manufacture the batteries, there is a tendency to over state the “Green Factor” on electric cars. For total ESG pricing model, the disposal and
RoyalDuch Shell Oil & Gas 360 Publishers Note: Very interesting opinion piece around the oil based manufacturing of plastics. While the major oil companies are investing in renewable energy, it seems that they are not forgetting the core demand for oil and manufacturing. Interesting dichotomy for their PR efforts and their actual business actions. The world will need plastics and
MarineLink Oil & Gas 360 Publishers Note: Earlier this week we ran a story about BHP exporting coke coal from Australia to Asia, and not have the fossil fuel count against the BHP Co2 emissions under their goal to carbon free operations. Here is some key tidbits from this week’s news stories: (1) Coke coal is used in making steal;
CNBC President Donald Trump will move to weaken more environmental regulations on industries if reelected in November, while work to complete Superfund cleanup projects, according to Environmental Protection Agency administrator Andrew Wheeler. The Trump administration in a second term would establish a cost-benefit analysis of any new regulation and expand the use of “science transparency” in order to justify the science behind implementing new
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