Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly.
Category: Energy and Power
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Oil Tycoon Harold Hamm Throwing an Inauguration Day Party
Harold G. Hamm, the founder of the Oklahoma-based Continental Resources, and other oil and gas companies stand to profit from Donald Trump’s energy policies.
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Dark Doldrums Overshadow Europe’s Energy Markets
Periods of low sun and wind, a weather pattern known as a Dunkelflaute, can increase electricity prices and stoke political tensions.
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Iran’s Energy Crisis Hits ‘Dire’ Point as Industries Are Forced to Shut Down
Although Iran has one of the biggest supplies of natural gas and crude oil in the world, it finds itself in a full blown energy emergency, coming just as it also suffers major geopolitical setbacks.
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North Carolina Town Sues Duke Energy Over Climate Change
Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use of fossil fuels.
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Why Oil Companies Are Walking Back From Green Energy
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
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Amazon, Google and Microsoft Are Investing in Nuclear Power
Large technology companies are investing billions of dollars in nuclear energy as an emissions-free source of electricity for artificial intelligence and other businesses.
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Turbine Blades Have Piled Up in Landfills. A Solution May Be Coming.
Wind power has a waste problem that has been difficult to solve. Turbine blades made from a new plant-based material could make them recyclable.
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Acres of Solar Panels Are Replacing One of the Nation’s Largest Coal Plants
One of the nation’s largest coal-fueled electric plants is being replaced with thousands of acres of solar panels and a test of long-duration batteries.
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Texas Energy So Bountiful, They Pay You to Take It Away
Natural gas has traded at negative prices for weeks at a time in West Texas, where pipelines often lack the capacity to get the fuel to places that need it.