U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

Based on data in EIA’s Monthly Energy Review, energy-related carbon dioxide (CO2) emissions decreased by 11% in the United States in 2020 primarily because of the effects of the COVID-19 pandemic and related restrictions. U.S. energy-related CO2 emissions fell in every end-use sector for the first time since 2012. Within the U.S. power sector, emissions […]

Read More U.S. energy-related CO2 emissions declined by 11% in 2020 – Today in Energy – U.S. Energy Information Administration (EIA)
Featured

U.S. oil companies launch on-site vaccinations as supplies rise | Reuters

U.S. energy companies are organizing employee vaccinations as more COVID-19 doses become available, officials and employees told Reuters, setting up on-site clinics or offering time off to workers to get the shot. — Read on http://www.reuters.com/article/health-coronavirus-corporate-jabs/u-s-oil-companies-launch-on-site-vaccinations-as-supplies-rise-idUSL4N2LL3NL

Read More U.S. oil companies launch on-site vaccinations as supplies rise | Reuters

U.S. drillers add oil and gas rigs for second week in a row: Baker Hughes | Article [AMP] | Reuters

Read More U.S. drillers add oil and gas rigs for second week in a row: Baker Hughes | Article [AMP] | Reuters
Featured

Oil industry gets greener as U.S. policy shifts to climate change | CNBC

The greening of the American oil industry has gone into overdrive. Dan Yergin, IHS Markit vice chairman, said it’s an important turning point for the fossil fuel sector, which has been anticipating big changes with President Joe Biden’s climate-focused, clean energy policies. “The oil and gas industry is calibrating itself to what has become the […]

Read More Oil industry gets greener as U.S. policy shifts to climate change | CNBC

Texas Freeze Raises Cost Of Charging A Tesla To $900 | OilPrice.com

By Charles Kennedy – Feb 16, 2021, 12:00 PM CST The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for charging a Tesla. The typical full charge of a Tesla costs around $18 using a Level […]

Read More Texas Freeze Raises Cost Of Charging A Tesla To $900 | OilPrice.com
Featured

2 Million Texas Households Without Power As Massive Winter Storm Drives Demand For Electricity – Houston Public Media

The state’s electric grid operator lost control of the power supply Monday morning as 2 million Texas households didn’t have heat or other electric appliances working at home as a massive winter storm delivered freezing temperatures across the state.

Read More 2 Million Texas Households Without Power As Massive Winter Storm Drives Demand For Electricity – Houston Public Media

Judge delays hearing on permit for Dakota Access pipeline

FARGO, N.D. (AP) — A federal judge on Tuesday agreed to push back a hearing about whether the Dakota Access oil pipeline should be allowed to continue operating without a key permit while the U.S…. — Read on apnews.com/article/donald-trump-technology-dakota-access-pipeline-c43ce45370da624addda5ad21b24b1f6

Read More Judge delays hearing on permit for Dakota Access pipeline
Featured

The new use for abandoned oil rigs – BBC Future

By Isabelle Gerretsen 26th January 2021 As offshore oil and gas platforms come to the end of their working lives, the remarkable ecosystems beneath the waves come into their own. One reason for this affinity is that the rigs offer a property rarely found in featureless open water: their considerable height. The platform acts as […]

Read More The new use for abandoned oil rigs – BBC Future
Featured

U.S. shale ponders the unexpected: what to do with coming cash windfall? | Reuters

HOUSTON (Reuters) – A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year’s tumble: how to allocate rising cash flows among new production, dividends and stock buybacks. U.S. shale producers will generate about $73.6 billion in cash from operations this year, up nearly a […]

Read More U.S. shale ponders the unexpected: what to do with coming cash windfall? | Reuters
Featured

Is big oil serious about going low carbon? | Bloomberg Professional Services

Is big oil serious about going low carbon? BloombergNEF January 19, 2021 This analysis is from BlooombergNEF. It appeared first on the Bloomberg Terminal. Executive summary The global oil industry is facing pressure to decarbonize. Regulations and reputational risks have forced most oil majors to take action to reduce their own emissions, such as curbing […]

Read More Is big oil serious about going low carbon? | Bloomberg Professional Services