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News & Updates

June 4, 2021 'We'll See $200 Oil": Russia & OPEC Ministers Blast IEA's Net Zero Plan

Source: OilPrice

"the price for oil will go to, what, $200? Gas prices will skyrocket, if the world were to follow the International Energy Agency’s controversial road map, which said investment in new fields would have to stop immediately

June 3, 2021 With 9 New Gigawatts Of Solar Power, BP Smacks ExxonMobil Upside The Head (Again)

Source: Clean Technica

BP has been shifting gears of late. In 2017 the company sank $200 million into a 50-50 deal with the solar company Lightsource. Under the new name of Lightsource bp, Lightsource has been casting solar panels hither and yon about...

June 2, 2021 Anheuser-Busch Celebrates Early Achievement of 2025 Renewable Electricity Sustainability Goal

Source: Intrado Global News

Anheuser-Busch announced today that its entire portfolio of domestic beer and seltzer brands – including Bud Light, Michelob ULTRA, Busch and its Brewers Collective family of craft partners – is now brewed with 100% renewable...

June 2, 2021 Battle Brews Over Banning Natural Gas to Homes

Source: Wall Street Journal (subsciption)

A growing fight is unfolding across the U.S. as cities consider phasing out natural gas for home cooking and heating, citing concerns about climate change, and states push back against these bans.

June 1, 2021 Albertsons Rolls Towards Sustainability Goals With Zero-Emission Refrigerated Delivery

Source: Progressive Grocer

Paired with an electric-powered transport refrigeration unit from Advance Energy Machines (AEM), the Volvo VNR Electric vehicles made the country’s first commercial 100% zero-emission refrigerated grocery delivery using a class 8...

May 28, 2021 Activist Investor Wins Exxon Board Seats In Day Of Reckoning For Big Oil

Source: Oil Price

The win is being viewed as a shocking and powerful statement by shareholders as to their displeasure with the oil giant for not doing enough to mitigate the effects of its business on the climate. And For Exxon, it could mean big...

May 26, 2021 Siemens, IRENA sign partnership to advance the energy transition with hydrogen

Source: H2 View

Siemens Energy has signed a sustainable energy partnership agreement with the International Renewable Energy Agency (IRENA) to advance the global energy transition with hydrogen included.

May 26, 2021 Groups Announce Renewable Energy Microgrid Project

Source: Power Magazine

A joint venture of energy management company Schneider Electric and Huck Capital, a power sector investment firm, has announced a partnership with energy infrastructure developer ClearGen to build and operate standardized on-site...

May 26, 2021 Board fight at Exxon intensifies spotlight on climate change

Source: ABC News

NEW YORK -- ExxonMobil is facing a major challenge from a group of investors in one of the biggest fights a corporate boardroom has endured over its stance on climate change, an issue of rising urgency for many shareholders.

May 25, 2021 Qatalum signs deal with GE for sustainable power upgrade

Source: Trade Arabia

Qatalum has signed an agreement with GE to provide five Advanced Gas Path (AGP) upgrade units, maintenance services for a period of 15 years for equipment at its 1,080 megawatt (MW) power plant, and a suite of cybersecurity...

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