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Microsoft, Qcells Strike Massive Supply Deal for US-Made Solar Panels

Latest, Solar, US News / By

Reuters) – South Korea’s Qcells on Monday said it will supply Microsoft (MSFT.O) with 12 gigawatts of American-made solar panels through 2032 in what the companies called one of the largest ever deals of its kind. The agreement locks in substantial and stable demand for panels Qcells will make at its new $2.5 billion Georgia factory. For Microsoft, …

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Shell flags Q4 Writedown of up to $4.5 billion, Mainly on Singapore Assets

CDN and International News, Latest / By

Reuters Jan 8 (Reuters) – Shell (SHEL.L) on Monday flagged impairment charges of about $2.5 billion to $4.5 billion for the fourth quarter, mainly related to the Singapore refining and chemicals hub the oil major is looking to sell. The assets include a 237,000 barrels per day (bpd) refinery and a one million metric ton per year …

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PANDELL LEADERSHIP SERIES: “What Separates Geospatial Leaders from the Rest?” with Matthew Lewin

Featured Articles, Latest / By

How to Lead Your Organization Towards a Geospatial Infrastructure Today’s successful energy leaders know that GIS is not just about making maps. It’s about harnessing location intelligence to drive more informed strategic and operational decisions. Are you leveraging GIS effectively in your business? Matthew Lewin with Esri Canada (author of Geospatial Strategy Essentials for Managers) …

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Us Oil Production Still Strong as Financial Markets Surge – GLJ

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By Leonard Herchen and Yuchen Wang Overview Surprisingly to many analysists, including this one, US production has continued to grow despite land restrictions from the US federal government, moderate capital restraint and the reported arrival of Tier 2 development locations as the marginal barrel in the Permian. US crude production hit a record high while …

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Tax Officials Are Making Your Energy More Costly

Latest, Renewable Energy, Solar, US News, Wind / By

Governments have established an elaborate network of restrictions around clean technology, while fossil fuels remain largely exempt. By David Fickling David Fickling is a Bloomberg Opinion columnist covering energy and commodities. Previously, he worked for Bloomberg News, the Wall Street Journal and the Financial Times. After the most sustained bout of inflation in a generation, you’d think …

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The World’s Next Big Carbon Capture Challenge? Figuring Out How to Use It

Carbon Capture, CDN and International News, Direct Air Capture, Emission Reduction, Latest / By

Skepticism about how to commercialize — and use — carbon capture is growing. So is the debate over how to deploy it equitably and safely. By Michelle Ma – Bloomberg Carbon capture is having a moment. Companies such as Chevron Corp. are building technology to capture carbon dioxide from smokestacks while others such as Microsoft Corp. are investing in …

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Permian’s Private Shale Explorers Expect Modest Growth

Conventional Energy, Latest, Oil, Shale, US News / By

Survey finds closely held group planning less than 5% increase Explorers say they need crude to be above $70 to make a profit By David Wethe – Bloomberg Most of shale’s private explorers in the Permian are planning modest growth this year as one of the main engines of US oil expansion downshifts amid volatile commodity …

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Oil Prices Settle Higher on Middle East Tensions

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

Summary U.S. Secretary of State Blinken visits Middle East U.S. employment data shows increased hiring and wages Rig count declines for third time in four weeks Maersk diverts vessels from Red Sea for foreseeable future (Reuters) – Oil prices settled higher on Friday as U.S. Secretary of State Antony Blinken began a week-long sweep through …

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U.S. Approves $189 Million Loan for Real-Time Methane Monitoring

Latest, Methane, US News / By

The Department of Energy’s loan office on Friday conditionally approved a $189 million loan to support the build-out of a methane monitoring network in key oil-producing basins that would provide real-time data for tens of thousands of oil and gas sites, which it estimates could prevent the equivalent of at least 6 millions tons of …

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