oil and gas Stories November 13

The International Energy Agency (IEA) released its annual report yesterday. The Paris-based intergovernmental organization points to electric vehicles as instrumental in curbing global emissions. Unfortunately, those gains are being fundamentally undercut by the dramatic rise in SUVs.

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oil and gas Stories November 11

In today’s Electrek Green Energy Brief (EGEB):

  • JPMorgan launches the world’s largest commercial installation of bifacial solar modules — and also leads in fossil-fuel lending.
  • Energy CEOs voice defiance on efforts to reduce carbon emissions.
  • Video: The top 15 largest oil-producing countries from 1966 to 2018.
  • E&E News is publishing a multi-part series on “the promise and peril of EV infrastructure.”

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Energy CEOs offer ‘defiant voice’ on efforts to reduce carbon emissions

CNBC moderated a panel on Monday at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC). The panel consisted of heads of Big Oil and Big Gas. The CEOs spent their time defending their efforts to reduce carbon emissions and intimated that environmental groups pushing for a faster transition to green energy were being unrealistic and overly emotional.

oil and gas Stories November 1

In today’s Electrek Green Energy Brief (EGEB):

  • The Keystone oil pipeline has spilled around 383,000 gallons of tar sands oil in North Dakota.
  • Non-hydro green energy grew in the US by 6.15% compared to 2018.
  • Credit Suisse senior banker says investments could ‘go to zero quickly’ if companies ignore climate change.
  • Gov. Mike Dunleavy (R-AK) and Rep. Alexandria Ocasio-Cortez (D-NY) have Twitter “words” over the Green New Deal.

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Keystone oil pipeline leaks nearly 400K gallons in North Dakota

The Keystone oil pipeline has spilled approximately 383,000 gallons of tar sands oil in northeastern North Dakota, according to North Dakota state regulators on Thursday. The pipeline was shut down on Tuesday after crews discovered the leak.

oil and gas Stories October 30

In today’s Electrek Green Energy Brief (EGEB):

  • Former US Secretary of State Rex Tillerson testifies at Exxon trial.
  • Elon Musk donates $1 million to tree planting project.
  • Big battery investments are dropping costs faster than anticipated.

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oil and gas Stories October 29

Murray Energy Holdings Co, the largest private coal company in the United States, has filed for bankruptcy in the midst of a rapidly diminishing demand for coal.

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oil and gas Stories October 28

In today’s Electrek Green Energy Brief (EGEB):

  • Green New Deal co-sponsor Ed Markey returns fossil-fuel-linked donations.
  • Various companies are carrying out tests to see how concrete roads could charge EVs.
  • Edinburgh releases its plan to make city carbon neutral by 2030.
  • The Republic of Ireland has cut green energy tax by 16% for 2019-20.

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Green New Deal co-sponsor Senator Ed Markey returns nearly $47K in fossil-fuel donations

Green New Deal co-sponsor Senator Ed Markey (D-MA) (above left) returned nearly $47,000 in donations from fossil-fuel-connected lobbyists. The donations violated the No Fossil Fuel Money pledge, which Markey signed in December 2018.

oil and gas Stories October 23

As ExxonMobil trial starts, Supreme Court green-lights Baltimore’s Big Oil lawsuit

ExxonMobil headed to federal court in Manhattan yesterday. The State of New York is suing the Big Oil giant on charges that the company misled its investors about the climate crisis. And as Baltimore joins New York, Massachusetts, and other cities and counties in the lawsuit arena, it looks as though Big Oil is going to be spending a lot of time on trial in the future.

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