Renewables

Enbridge Outlines ESG Goals, Including Net Zero Emissions by 2050

Enbridge Outlines ESG Goals, Including Net Zero Emissions by 2050

On fronts from climate change to gender and racial equity, Enbridge Inc. has promised to march in step with avowedly “progressive” government and investor agendas for the next three decades. “The energy industry is in the midst of transition and we recognize the need to adapt to the changing expectations of our customers,” said the…

November 9, 2020
Total’s Strategy Evolving to Expand LNG, Electricity Markets, Move to Net Zero Emissions

Total’s Strategy Evolving to Expand LNG, Electricity Markets, Move to Net Zero Emissions

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…

October 2, 2020
Global Natural Gas Looks Strong but Facing Challenges from Renewables, Hydrogen, Says BP

Global Natural Gas Looks Strong but Facing Challenges from Renewables, Hydrogen, Says BP

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,…

September 14, 2020
Construction Work in Oil, Natural Gas Surpass Renewable Jobs, Says Building Trades Union

Construction Work in Oil, Natural Gas Surpass Renewable Jobs, Says Building Trades Union

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,…

July 17, 2020
Oil, Gas Companies Quickly Expanding Renewables to Operations, Says IHS Markit

Oil, Gas Companies Quickly Expanding Renewables to Operations, Says IHS Markit

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…

July 13, 2020
Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

Northeast Natural Gas Infrastructure Woes Continue As Dominion Scuttles ACP, Sells Transmission, Storage Assets for $9.7B

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…

July 6, 2020
Amazon Launching $2B Climate Investment Fund, Expects to Reach 100% Renewable Goal Five Years Early

Amazon Launching $2B Climate Investment Fund, Expects to Reach 100% Renewable Goal Five Years Early

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%…

June 23, 2020
Fossil Fuel Demand Said Possibly Peaking as Energy Transition Escalates, Boosted by Covid-19

Fossil Fuel Demand Said Possibly Peaking as Energy Transition Escalates, Boosted by Covid-19

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.

June 18, 2020

SoCalGas Testing Technology to Convert Renewable Power into Natural Gas

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.

August 14, 2019

Natural Gas Expected to Replace Most Coal Capacity Lost to Shrinking Utility Demand

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.

July 11, 2019
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