Tornado vs Wind Turbine: Video captures dramatic storm
Incredible footage appears to have captured what happens when a wind turbine meets a tornado.
texas
US states take aim at “woke” financing
Ask an oil company what the problem with the industry is these days and high up on the list will be complaints about a shortage of financing. People point the finger of blame at a variety of related factors such as a new craze for ESG, environmentalists, the government and the left.
French ban on US LNG reverses with Engie deal
Engie has signed a 15-year sale and purchase agreement for buy US LNG, reversing France’s implicit ban on shale gas supplies.
Multimillion dollar announcement as Aberdeen-Houston partnership celebrates milestone
An Aberdeenshire-born entrepreneur has announced a multimillion-dollar expansion of his flourishing Houston co-working industrial property business during a landmark transatlantic business event.
Energy Vault goes for the big lift to tackle energy storage challenge
Energy Vault (NYSE:NRGV) has gone public with a listing on the New York Stock Exchange (NYSE), raising $235 million gross.
World first as emissions free electricity, generated using natural gas, is fed into the grid
Emissions free electricity, generated using natural gas, has been exported onto the grid for the “first time anywhere in the world”.
Everything’s bigger in Texas: Acorn CCS firm Storegga bringing carbon capture to Gulf of Mexico
Storegga, the company behind the Acorn carbon capture and storage (CCS) project in Aberdeenshire, will apply its technology for a new scheme in Texas.
Oxygen shortage forces Texas refinery to shut part of key unit
A refinery on the Texas Gulf Coast shut part of a key process unit due to a lack of oxygen supply amid a resurgence of the coronavirus pandemic, with authorities citing increased medical demand for the gas.
Video: Freight train crashes into truck carrying wind turbine blade in Texas
Footage has been captured of a freight train crashing into an 18-wheeler truck carrying a wind turbine blade in Texas.
US-Africa Energy Forum pushed back two months
Energy Capital & Power (ECP) has pushed back its US-Africa Energy Forum to December 9-10.
Ørsted and Microsoft enter into power purchase agreement
Danish renewables company Ørsted has entered into a power purchase agreement with technology giant Microsoft.
Ørsted completes largest onshore wind project to date on land held by Arsenal owner
Danish renewables giant Ørsted has completed its largest onshore wind farm to date on a ranch owned by Arsenal's largest shareholder.
Tiny Texas oil driller hyped on Reddit surges 130% in a week
Tiny oil company Torchlight Energy Resources saw its shares more than double in a week after it became the latest stock touted on Reddit as a possible short squeeze.
Trafigura, Braskem ship first carbon neutral naphtha cargo
Trafigura and Braskem have teamed up to deliver the world’s first cargo of carbon-offset naphtha.
Legendary trader sees ‘seismic shift’ in Houston’s oil patch
For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on.
Exxon floats $100bn government-backed carbon capture hub
Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.
BP welcomes huge platform for Mad Dog 2 project to Texas
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Exxon sees up to $800million earnings hit from Texas freeze
Exxon Mobil Corp. expects first-quarter earnings to be reduced by as much as $800 million due to the deep freeze that plunged Texas into darkness last month.
Brent near $64 with Goldman Sachs predicting more gains
Brent oil resumed gains as the market assessed the fallout from the big freeze across Texas, with Goldman Sachs Group Inc. predicting prices will advance into the $70s in coming months.
Weak grids expose risks for the electrification of everything
Home heating systems shutting down. Hospitals facing water shortages. Oil refineries going offline.
Brent near $65 as US crisis provides global supply shock
Brent oil traded near $65 a barrel as a cold blast that’s taken out almost 40% of US crude production morphed into a global supply shock.
Texas oil group vows to limit flaring as state signals crackdown
A coalition of Texas oil industry groups is pledging to end routine flaring of natural gas from wells and other facilities by 2030 amid signs that state regulators may crack down on the controversial practice.
Exxon maintains dividend as oil rally expected to boost cash
Exxon Mobil Corp. kept the S&P 500 Index’s third-largest dividend after this year’s rally in commodity prices eased analysts’ fears that the payout was becoming unaffordable.
Chevron awards Subsea 7 contract for Angola Sanha Lean platform
Subsea 7 has won a contract worth up to $300million for construction of a platform for the Chevron Sanha Lean Gas Connection (SLGC) project off Angola.
Scots firm Sulmara Subsea makes Asia-Pacific expansion
Scottish firm Sulmara Subsea is making an expansion drive into the Asia-Pacific (APAC) with a new office in Singapore.