Investors: Energy Transition is on Policy-Driven Life Support
Injecting private capital into the energy transition is worrisome because some projects couldn’t survive without government incentives, panelists said at CERAWeek by S&P Global.
BP Unveils First US EV Charging Site at Houston HQ
BP said the Gigahub, which will be open to the public on April 2, will offer 24 “high-speed” EV charge points with Tritium 150 kW DC fast chargers.
CERAWeek: Sens. Manchin, Sullivan Say LNG Pause Needs to be Paused
U.S. Sens. Joe Manchin and Daniel Sullivan argued against the recent LNG pause announced by U.S. President Joe Biden, saying it creates doubts among allies and creates an opening for competitors as well as U.S. rival Russia.
US Eases Tailpipe Rules, Slows EV Transition Through 2030
The Biden administration is unveiling final rules on March 20 that make it easier for automakers to continue selling gas-powered models and slows the projected transition to electric vehicles through 2030.
Occidental’s Lithium Technology ‘Ready for Prime Time’
Occidental is leaning towards a ‘build, own and operate’ approach to growing its direct lithium extraction business.
Freeport LNG Says Trains 1, 2 at Texas Facility May Shut Until May
Freeport LNG on March 20 said its Train 2 liquefaction unit at the Texas plant has been shut down, while Train 1 will be taken down imminently as it expects inspections and any subsequent repairs at both the units to be completed by May.
The Struggling Battery Factory Behind GM’s Electric Vehicle Broblems
GM’s EV transition has been fraught with delays, including automation issues and software glitches Bloomberg News General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises chief executive Mary Barra made five years ago. It still has a long way to go. Fresh off exiting major markets like Europe …
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U.S. Senator Joe Manchin Vows Infrastructure Permitting Reform Will Pass
(Reuters) – U.S. Senator Joe Manchin on Monday told energy executives that legislation reforming infrastructure permitting “will get done.” The legislation is his senate energy committee’s top issue, he said to a packed audience at the CERAWeek energy conference. “We are doing everything we can” to get permitting reform passed, said Manchin, who also spoke …
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Ukraine’s Drone Strikes on Russian Oil Refineries Mark New Phase in War
Attacks on refineries have both symbolic and strategic goals Kyiv plans to send ever-increasing swarm of drones into Russia Ukraine’s fight against Russia’s invasion has entered a new phase, pitting homegrown drone technology against a 2,000 kilometer (1,200 mile) swathe of largely Soviet-era oil facilities. At least nine major refineries have been successfully attacked this …
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BlackRock Ditched by Texas Fund Shows Limits of Fink Persuasion
Texas Permanent School Fund to pull $8.5 billion from firm Law restricts business with companies deemed oil boycotters It was just weeks ago when BlackRock Inc. Chief Executive Officer Larry Fink took the stage with Texas Lieutenant Governor Dan Patrick at an industry event in Houston. The chummy meeting between the Republican politician and the head of the investment behemoth — Patrick praised …
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