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Blue Hydrogen has a Methane Problem

Amid the global transition to clean fuel, conventional oil and gas companies appear to have found a way to stay relevant: blue hydrogen. Hydrogen, typically produced by breaking methane inside liquefied natural gas into hydrogen and carbon, is labeled as blue, when all carbon emissions from this process are captured, …

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Existential Threat to Natural Gas in Europe

It is ironic that at a time when natural gas is under existential attack in Europe, high prices are conspiring with those aiming for its demise. Even though such high prices are a temporary phenomenon, they are encouraging and hastening the switch to renewables. High gas prices in Europe are …

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Why The Arctic Matters

Recently, panic struck the southeastern United States as the Colonial Pipeline, the country’s largest fuel pipeline network, shut down after a cyberattack. With 2.5 million barrels per day of gasoline, diesel, and jet fuel suddenly gone, mass panic buying ensued, sending prices into a spiral of volatility. The incident reminded …

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Strong Oil Demand Growth Is Here To Stay

Global oil demand is set to rebound and remain robust for some time, BP’s chief executive Bernard Looney told Bloomberg News on the sidelines of an economic forum in Russia, reiterating views expressed by most forecasters and analysts. “There is a lot of evidence that suggests that demand will be …

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EU, Bill Gates Form $1 Billion Clean Energy Pact

The European Commission and Bill Gates joined forces in an initiative that wants to mobilize as much as $1 billion investment in clean technologies such as green hydrogen and sustainable fuels. The Commission and Breakthrough Energy Catalyst, a program founded by Gates, want to muster the funding in 2022-2026 to …

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ExxonMobil Strategy for Climate Change

Dissident shareholders of ExxonMobil have won two seats on the company’s board of directors. The election “will likely force it to alter its fossil-fuel focused strategy and more directly confront growing shareholder concerns about climate change,” according to The Wall Street Journal. Fossil fuels are probably on the decline long-term, …

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