Renewables

French supermajor Total SE aims to transform itself over the next decade by building its reach in the “two fastest growing energy markets,” liquefied natural gas (LNG) and electricity, the CEO said. In presenting the Paris-based operator’s long-range strategy on Wednesday, CEO Patrick Pouyanné said the thrust is similar to other European-based majors. The outlook…

A “pronounced shift” to renewables, combined with a shift to electricity and hydrogen, led BP plc to reduce its annual forecast for global natural gas as a primary energy source. The annual Energy Outlook was introduced on Monday by chief economist Spencer Dale during a webcast. The economics team led by Spencer Dale used Rapid,…

Construction workers in the energy sector view oil and natural gas jobs as more plentiful and longer lasting, as well as providing better pay, health and pension benefits, than similar jobs in the renewables segment, according to two surveys commissioned by North America’s Building Trades Unions (NABTU). Through the surveys, one quantitative and one qualitative,…

As part of efforts to reduce carbon emissions associated with operations, oil and gas operations are in the early stages of being fueled by renewable energy, according to global critical information provider IHS Markit.  Analysis by IHS Markit shows that while renewable energy is playing a minor role in oil and gas operations, it has…

Dominion Energy closed out the holiday weekend with two bombshell announcements, disclosing Sunday that it is selling its natural gas transmission and storage assets to an affiliate of Warren Buffett’s Berkshire Hathaway Inc. in a transaction valued at $9.7 billion. It also has decided, along with joint-venture partner Duke Energy, to cancel the 600-mile, 1.5…

Amazon.com, Inc. said Tuesday it expects to reach its previously announced goal of running on 100% renewable energy by 2025, five years ahead of schedule. It also is launching a $2 billion fund to invest in products, services and technologies that decarbonize the economy. The e-commerce and technology giant had previously committed to reach 80%…

The Covid-19 pandemic may spur longer lasting changes that have accelerated the energy transition from fossil fuels, with investments in renewables now growing at a fast clip, according to analysts.

Southern California Gas Co. has partnered with a German company to research the commercial viability of technology capable of converting renewable electricity into pipeline quality natural gas.

Amid efforts to reduce greenhouse gas emissions from the U.S. power grid, natural gas-fired generation will replace most of the thermal-coal electric-generation capacity that’s heading toward retirement, according to a new report from Moody’s Investors Service.