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What’s the safest way to transport oil? According to environmentalists, progressive politicians, and the media, it’s anything but pipelines. Are they right? Diana Furchtgott-Roth, adjunct professor at George Washington University, dives into the data for answers. Take the pledge to stop climate misinformation and get the facts with a free PDF e-book of scripts from …

WATCH: Are Pipelines Safe? – Why Cancelling the Keystone Pipeline Did Not Make Sense Read More »

LONDON, July 24 (Reuters) – Renewables investor Octopus Energy Generation plans to invest $20 billion in offshore wind by 2030, aiming to boost energy security and reduce dependence on fossil fuels, it said on Monday. The firm, part of Octopus Energy Group, said the investment will generate 12 gigawatts (GW) of renewable electricity each year, …

Britain’s Octopus Energy to invest $20 bln globally in offshore wind by 2030 Read More »

In the next three years, 1TW of solar power will be added to the global grid as competition keeps driving down prices. And after years of innovation in China, Japan and Germany, the US is finally getting in the game: Last year’s Inflation Reduction Act includes ample incentives for American-made cleantech. Qcells, part of South Korean conglomerate Hanwha Solutions, announced …

Making Solar Panels ss ‘Horrible’ Business but the U.S. Still Wants It. Read More »

WASHINGTON, July 21 (Reuters) – The U.S. Department of Energy on Friday proposed energy efficiency standards on water heaters it said would save consumers $11.4 billion on energy and water bills annually. The standards on residential water heater efficiency, which are required by Congress, have not been updated in 13 years. Water heating is responsible …

US Plans Water Heater Standards, Says They Will Save Consumers $11 billion Read More »

Summary Benchmarks rise about 2% on Friday; gain up to 2% in the week Oil supplies expected to be tight in second half of 2023 Escalating tensions between Russia-Ukraine support oil price Investors welcome stimulus measures in China BENGALURU, July 21 (Reuters) – Oil prices rose nearly 2% on Friday to record a fourth consecutive …

Oil Rallies for Fourth Straight Week on Tightening Supply Read More »

By Scott Disavino July 21 (Reuters) – U.S. energy firms this week reduced the number of oil and natural gas rigs operating for a second week in a row, including the deepest oil rig cut since early June, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, …

US drillers cut oil and gas rigs for second week in a row -Baker Hughes Read More »

By Aaron Foyer Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE How China gained control over critical minerals globally The dominance of China in the critical mineral supply chain raised concerns among other nations, as it gave China significant geopolitical leverage and potential influence over various industries, including technology, defense, and renewable energy. …

INFOGRAPHIC: China’s Dominance in Batteries – ENERGYminute Read More »

PHILADELPHIA, July 20 (Reuters) – President Joe Biden traveled on Thursday to Philadelphia to pitch the promise of a green economy to union workers skeptical that the solar, wind and electric vehicle industries can deliver the same economic punch for organized labor as fossil fuel-powered refineries and power plants. Biden is trying to reshape the …

Biden’s tough sell in Pennsylvania: green energy to union worker Read More »

PHILADELPHIA, July 20 (Reuters) – President Joe Biden traveled on Thursday to Philadelphia to pitch the promise of a green economy to union workers skeptical that the solar, wind and electric vehicle industries can deliver the same economic punch for organized labor as fossil fuel-powered refineries and power plants. Biden is trying to reshape the …

SKEPTICAL CROWD: Biden’s Tough Sell in Pennsylvania: Green Energy to Union Worker Read More »

(Reuters) – Oil prices rose on Friday, buoyed by evidence of tightening supplies and economic stimulus in slow-recovering China. Brent futures were up 94 cents at $80.58 a barrel by 0955 GMT – rising as high as $1 earlier – while U.S. West Texas Intermediate (WTI) crude also climbed 94 cents to $76.59 a barrel. …

Oil Edges Higher, Buoyed by Tighter Supplies, China Stimulus Read More »