Spanish multi-energy group Repsol SA has wrapped up construction of the 637-MW Frye Solar plant in the US state of Texas, it said on Thursday, hailing it as the largest solar photovoltaic project it has built to date. Frye Solar is equipped with close to one million solar panels installed …
Read More »Venezuela Issues NGL Export Permit to Eni, Repsol in Cardon IV
Venezuela has signed an agreement with European energy giants Eni and Repsol that allows for the export of natural gas liquids -or condensates- to other markets, according to Pedro Tellechea, the country’s oil minister and Petroleos de Venezuela head. The deal comes after years of discussions with Italy’s Eni and …
Read More »IRENA and Industry Leaders Launch the Alliance for Industry Decarbonization
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization. The new Alliance aims to accelerate net-zero ambitions and the decarbonization of industrial value chains in pursuit of the Paris Agreement climate goals. The new …
Read More »Big Oil is Fighting for Clean Fossil Fuels
Several international oil supermajors are planning to boost production while also promising to decrease their greenhouse gas emissions over the next decade and beyond. This seemingly counterintuitive strategy is the result of pressure from international organizations to decarbonize and the continued climb of energy demand around the world. Royal Dutch …
Read More »The Most Ambitious Climate Pledges from Big Oil are Still Weak
Natural gas is like the e-cigarette of fossil fuels.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »Global LNG Glut Drives Cancellations at Key U.S. Shale Terminals
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Read More »Russia Rejects US Sanctions against Rosneft Trading S.A
The U.S. special envoy for Venezuela Elliott Abrams said his government would soon apply more sanctions against Caracas.
Read More »BP’s Carbon-Neutral Pledge Puts Pressure on Exxon. Chevron
Exxon and Chevron both agree with the goals of the Paris Agreement.
Read More »Venezuela Weighs Privatizing Oil in Face of Economic Free Fall
Venezuelan President has proposed giving majority shares and control of its oil industry to big international corporations. a move that would forsake decades of state monopoly.
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