Thursday, December 19, 2024

World Powers Increasingly See Icy Arctic as a Hot Property

From AP News From a helicopter, Greenland’s brilliant white ice and dark mountains make the desolation seem to go on forever. And the few people who live here — its whole population wouldn’t fill a football stadium — are poor, with a high rate of substance abuse and suicide. One scientist called it the “end of the planet.” When U.S.

Big Oil is Investing Billions in Potentially Worthless Projects

From Bloomberg Businessweek By Mathew Carr The top 10 energy companies are planning investments approaching $1 trillion by 2030, in everything from finding and tapping new fields to equipment ranging from drones to drilling rigs. If the oil and gas business rolls along as it has for the past century, those projects will likely pay off in fat profits for

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

As Climate Conversation Shifts, Pipeline Sector Looks to Educate New Lawmakers

From S&P Global/Platts Industry maintains role in ‘logical’ transition to lower carbon system Washington — As debate over responses to climate change gains a higher profile in Washington, the major trade group representing interstate natural gas pipelines said it is making education of new congressional lawmakers a top priority this year. House Dems turn attention to climate change Democrats taking power

Senate Confirms McNamee for FERC Commissioner

From The Hill The Senate confirmed President Trump’s pick for a key energy agency Thursday over Democrats’ objections that he is too biased for the job. The 50 to 49 vote along party lines means Bernard McNamee, a Republican and former high-ranking political official at the Energy Department under Trump, can take his spot in the five-person Federal Energy Regulatory Commission

Judge Throws Out Calif. Cities’ Climate Change Suits against Five Oil Producers

Northern California U.S. District Judge William Alsup has dismissed the climate change lawsuits filed against BP (NYSE: BP), Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Exxon Mobil (NYSE: XOM), and Shell (NYSE: RDS.A)  by the cities of San Francisco and Oakland. The lawsuits were filed last September against the five big oil companies alleging that the carbon emissions from their fossil

EnerCom's The Oil & Services Conference San Francisco 2015

San Francisco and Oakland Sue Oil Companies for Producing Fossil Fuels

“…defendants continue to engage in massive fossil fuel production. They also continue to promote fossil fuels, and have developed multi-decade future business plans based upon increased fossil fuel usage even as global warming has progressed into a severe danger zone…”  – San Francisco City Attorney It was kind of a ‘say what?’ moment that emerged from the San Francisco Bay area

Climate Change Move from N.A. Heads of Government Could Affect the Oil & Gas Industry

Three Chief Executives Tackle Climate Change Canada’s Prime Minister Justin Trudeau, U.S. President Barack Obama, and Mexico’s President Enrique Peña Nieto joined forces in Ottawa this week expressly to demonstrate how North America has the “moral imperative to show strong leadership building on the Paris Agreement and promoting its early entry into force.” This meeting was to showcase their resolve to

Minister of the Environment and Climate Change: No Plans to Ban Natural Gas

From the Observer/Op-Ed by Glen Murray, Minister of the Environment and Climate Change There has been a slew of misinformation shared by Progress Conservative Party in recent days about the future of natural gas in Ontario as the province takes the next step in our fight against climate change. It’s time to set the record straight. To be very clear,

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

A Climate Win for Natural Gas: U.S. Carbon Dioxide Output Plummets

Thanks largely to the move by power generators from coal to gas, energy-related carbon dioxide emissions sink to 12% below 2005’s levels: EIA The natural gas industry along with its electric power generation customers have scored a big win for climate change – in the category of carbon emissions reduction. Energy-related carbon dioxide emissions have fallen to a level 12% below 2005’s levels, the EIA

How’s it Going at COP21?

Canada shocks COP21 silly Canada surprised attendees and negotiators at the climate talks in Paris on Sunday by calling for a more ambitious target for cutting greenhouse gases than the UN’s own 2-degree target, the National Observer reported. “Canada’s Environment and Climate Change Minister Catherine McKenna told a stunned crowd that she wants the Paris agreement to restrict planetary warming

Cushing oil storage tanks -oilandgas360

Fossil Fuel v. Renewable Energy: Did Green Slip through the Door while North American Oil & Gas Companies were Busy Creating the Shale Boom?

Cultural Attitudes: 55 Years can make a World of Difference. So can 12. Remember the iconic 1960-era engineer? He wore a pocket protector in the shirt pocket of his short-sleeved white dress shirt. He usually had two or three ballpoint pens sticking up next to a small slide rule—he was the symbol of a culture that respected and emphasized things

Keystone Pipeline - Oil & Gas 360

U.S. Rejects Keystone XL Pipeline

After seven years of regulatory limbo, Obama administration says “no” to TransCanada application President Obama announced today that he has rejected TransCanada’s (ticker: TRP) Keystone XL pipeline project after seven years of regulatory holdup. The decision comes as the president makes steps to solidify his environmental legacy during his final year in office. The 1,179-mile pipeline would have carried 800,000