Environment

Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron’s site in Pungesti, Romania, April 8, 2014. Bogdan Cristel | Reuters Chevron shares declined Friday after the company reported a mixed quarter, despite surging oil and gas prices. Chevron earned $2.56 per share excluding items during the

A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Thursday, Jan. 28, 2021. Nord Stream 2 is a 1,230-kilometer (764-mile) gas pipeline that will double the capacity of the existing undersea route from Russian fields to Europe

A woman shovels her car out of the snow during a major snowstorm on Jan. 29, 2022 in Stony Brook, New York. Andrew Theodorakis | Getty Images After a few months of winter and two major snowstorms pounding much of the eastern U.S. in January, many Americans may be realizing they’re in for elevated heating

We’re in the midst of an energy transition. Renewable power and electric vehicles are getting cheaper, the grid is getting greener, and oil and gas companies are getting nervous. That’s why the fossil fuel giants are looking towards petrochemicals, and plastics in particular, as their next major growth market. “Plastics is the Plan B for

In this article RWE-DE ENR-DE RDSA-GB Animaflora | iStock | Getty Images A 20 megawatt hydrogen electrolyzer described as “one of the world’s largest” has begun operations, energy major Shell said Friday. Located in Zhangjiakou, Hebei Province, China, the electrolyzer will produce green hydrogen for fuel cell vehicles being used at Zhangjiakou’s competition zone during

Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to states to plug thousands of orphan oil and gas wells that emit methane, a potent climate-changing greenhouse gas. Methane is a main component

California Governor Gavin Newsom on Thursday said the state’s in a “transformational moment” to shift away from fossil fuels, as climate change continues to fuel devastating wildfire seasons and historic drought conditions across California. The governor’s remarks to CNBC’s Yasmin Khorram come shortly after the state unveiled this year’s budget proposal, which invests $22 billion in new

In this article TSLA A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures published by the Society of Motor Manufacturers and Traders show. In a statement Thursday, the SMMT

A view of the Marathon Petroleum Corp’s Los Angeles Refinery in Carson, California, April 25, 2020. Robyn Beck | AFP | Getty Images The Los Angeles City Council on Wednesday voted to ban new oil and gas wells and to phase out existing wells over a period of five years, following decades of complaints by residents

In this article @LCO.1 @CL.1 An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images Brent crude futures, the international oil benchmark, topped $90 on Wednesday for the first time since 2014, adding to oil’s blistering recovery since its pandemic-era lows in April 2020. The leg

Tesla Solar Panels Courtesy: Tesla California regulators are reviewing proposed changes to solar incentive programs that would cut the state’s solar market in half by 2024, according to a new report from energy research firm Wood Mackenzie. The California Public Utilities Commission’s proposed decision, released on Dec. 13, would reduce payments granted to solar customers

In this article EQNR-NO This image, from 2018, shows a floating wind turbine in waters off the coast of France. SEBASTIEN SALOM GOMIS | AFP | Getty Images Eleven projects centered around floating wind technology are a step closer to fruition following a tranche of investment aimed at making the most of Britain’s windy coastlines.

Raffi Garabedian, then the CTO of First Solar, speaks during the National Clean Energy Summit in 2017. Isaac Brekken | Getty Images Entertainment | Getty Images Raffi Garabedian spent a dozen years developing solar panel technology at First Solar, a photovoltaics company that currently has a market value around $8 billion. The technologist then went

In this article DGX Signage for Royal Dutch Shell Plc at a refinery near the Enbridge Line 5 pipeline in Sarnia, Ontario, Canada, on Tuesday, May 25, 2021. Cole Burston | Bloomberg | Getty Images One of the only facilities in the world that uses carbon capture and storage technology (CCS) to reduce the emissions

In this article ULVR-GB UBER MSFT AMZN The COP26 climate summit, held in the Scottish city of Glasgow last year, made headlines around the world. After days of painstaking and at times fraught negotiations, countries agreed upon a deal which sought to build on 2015′s Paris Agreement and curb the worst effects of climate change.

This photograph taken on May 28, 2021 shows the new TotalEnergies logo during its unveling ceremony, at La Defense on the outskirts of Paris. CHRISTOPHE ARCHAMBAULT | AFP | Getty Images French oil giant TotalEnergies and U.S. energy firm Chevron on Friday announced plans to withdraw from Myanmar, citing the deteriorating humanitarian crisis in the

In this article BRK.A This image from 2016 shows a wind turbine on property used by MidAmerican Energy’s Eclipse Wind Farm in Adair, Iowa. Daniel Acker | Bloomberg | Getty Images A subsidiary of Warren Buffett’s Berkshire Hathaway Energy has released details of plans to develop a $3.9 billion project in Iowa that would incorporate

In this article PCG People take part in an event to hand-deliver 100,000 public comments from Californians throughout the state calling on Governor Newsom to reject proposals that penalize consumers for putting solar panels on their rooftops outside the California State Capitol Museum in Sacramento, California, on December 08, 2021. Aníbal Martel | Anadolu Agency

Offshore wind turbines in waters near Aberdeen, Scotland. Gannet77 | E+ | Getty Images The Scottish offshore wind sector received a boost this week after a program to lease areas of Scotland’s seabed for wind farm developments raised just under £700 million (around $952 million). According to Crown Estate Scotland — a public corporation which

In this article GM TSLA The southwest of England is famed for its dramatic coastline, verdant countryside and fresh seafood. If all goes to plan, another string could be added to the region’s bow over the next few years: lithium extraction. In the county of Cornwall, efforts are underway to tap into the area’s natural