Tag: energy consumption

October 28, 2020

South Korean President Moon Jae-in announced today that the government is commiting to a goal of reducing carbon emissions to net zero by 2050. The announcement comes after heavy criticism of the country, which is the the world’s 7th largest […]

October 28, 2020

Being a contrarian (think skeptic on steroids, or skeptic with analysis), I always shake my head when I see that a new investment fashion gaining traction, such as this Financial Times headline, “Petroleum group sets up ESG centre as financing […]

October 27, 2020

Despite the horrendous lack of leadership by Australia’s national leaders [can people who fail to lead actually be called leaders?], the individual states in Australia are embracing renewable energy in a big way. South Australia was the first when it […]

October 26, 2020

Quarles Petroleum acquires Virginian-based Dixie Gas & Oil Corporation, one of the region’s largest independent suppliers of retail propane, heating oil, commercial fuels, and lubricant products. Dixie, a company founded in 1946, serves 10,000 customers in 17 counties throughout Virginia […]

October 26, 2020

At Thursday’s presidential debate, former Vice President Joe Biden pledged to transition the U.S. economy “away from the oil industry.” This goal cannot be achieved without the electrification of road transport, which accounted for almost 70% of America’s oil consumption […]

October 23, 2020

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a […]

October 23, 2020

HAM Group and Lipigas Companies will build Chile’s first liquefied natural gas (LNG) gas station. This will be located near the Pan-American Highway in Chile), which is part of the country’s main land communication artery. The project has been possible […]

October 22, 2020

An expansion of New York’s Clean Energy Standard (CES) approved by the state’s Public Service Commission (PSC) adopts several measures that will help the state meet its new, more ambitious 70%-by-2030 renewable power target. In an Oct. 15 order, the […]

October 19, 2020

U.S. homes and commercial buildings consume roughly two-fifths of the country’s overall energy and three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs. Each of these statistics points […]

October 19, 2020

A new manufacturing alliance has popped up in the US and it’s on a mission to replace diesel engines with fuel cells in trucks — and buses, aircraft, watercraft, off-road equipment, and locomotives, too. Since the main source of hydrogen […]

October 16, 2020

The EU is on track to achieve between 22.8% to 23.1% renewables in gross final energy consumption in 2020 as the continent experiences a “clear paradigm shift” towards solar and wind. That’s according to the European Commission (EC), which this […]

October 16, 2020

The European Commission has unveiled its Renovation Wave strategy, and published its annual State of the Energy Union, accompanied by a series of documents, including the annual Renewable Energy Progress Report, the Report on Energy Prices and Costs in Europe, […]

October 15, 2020

Golden Oil Co., a company offering wholesale distribution of petroleum and petroleum products, will open a two-story Amoco fuel station and convenience store in East Somers, Wisconsin. The new location is scheduled to open in March 2021 and will also […]

October 15, 2020

A newly formed joint venture (JV) between Adani Green Energy and Total has increased its operating solar portfolio to 2,353MW after securing additional assets in India. The JV, known as Adani Green Energy Twenty Three, has been transferred 205MW of […]

October 14, 2020

The IEA’s latest World Energy Outlook has been released and at a ‘mere’ 464 pages, did not crash the internet. (When I was a boy, we would say its release meant the death of many trees for the printing.) As […]