While environmental activists have shifted their ire from protesting exploration and production of fossil fuels, to trying to prevent pipelines that carry the products from being built, a new study by University of Chicago professors suggests lines may face another threat – from their recent past:
China is offering to buy up to 5% of Saudi Aramco directly, sources told Reuters, a move that could give Saudi Arabia the flexibility to consider various options for its plan to float the world's biggest oil producer on the stock market.
The UK will still fall short of the fifth Carbon Budget for 2029-32 approved last year, by 9.7%, even if the government implements all the policies and proposals in the recently revealed Clean Growth Plan, according to UK’s law firm Addleshaw Goddard.
Oklahoma-based Mustang Fuel Corp. announced on Monday that Mustang Gas Products, its midstream subsidiary, is kicking off a $65 million capital program to boost capacity, efficiency and reach in its midstream assets.
Scotland is opening the world’s first floating wind farm offshore Aberdeenshire on Wednesday, highlighting the UK industrial success in offshore wind power generation and proving commercial feasibility for floating farms.
French nuclear regulator ASN said Monday safety levels at nuclear power plants around the world are concerning and should be dealt with urgently, despite not having immediate dangers, Kallanish Energy understands.
Solar power is likely to “… revolutionize” electric arc furnace (EAF)-based steelmaking in the next 20 years, thanks to its cost-saving and carbon emissions reduction," according to SoftBank Energy executive chairman Manoj Kohli.
Saudi Aramco has asked FTI Consulting to halt its investor relations advisory work related to the company’s planned initial public offering (IPO), Reuters reported on Tuesday citing people familiar with the matter.