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The fast-moving fire that ripped through Maui’s historic town of Lahaina killed more than 90 people, making it the deadliest US wildfire in more than a century. The cause of the blaze is still under investigation, but power equipment in the area is coming under increasing scrutiny. Across the nation, wildfires are growing in intensity and frequency …

What Sparks U.S. Wildfires: Power Lines, Burning Trash and Lightning Read More »

(Reuters) – The mining industry faces “considerable challenges” meeting larger-than-expected demand for copper, nickel and other electric vehicle metals fueled by a U.S. climate law, S&P Global said in a report on Tuesday, ahead of the legislation’s one-year anniversary. The landmark U.S. Inflation Reduction Act offers tax breaks for EVs, solar panels and other renewable energy products …

Miners Face ‘Considerable Challenges’ Meeting Demand From U.S. Climate Law Read More »

Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion in new EV investments announced in the US, according to BloombergNEF. It’s hard to parse how much of that might have happened anyway — automakers were pouring money into new EV plants before the law passed — but it is clear …

The Four Biggest Hurdles in America’s EV Transition Read More »

By Geoffrey Cann For all the talk about energy transition, many aspects about transition remain unexplained. Here are four that puzzle me about how transition will work. Energy Transition I’m in the midst of a home renovation. The renovation should allow the house last another 20-30 years with minimal upkeep, and may well be our …

Four Unexplained Things About Energy Transition – Geoffrey Cann Read More »

Join the ultimate gathering of oil, gas and energy leaders to discover paths to net zero With just 5 weeks to go until the 24th World Petroleum Congress 2023 taking place in Calgary from 17-21 September, join 15,000 visitors to discover technologies, products, and services focused on net-zero solutions. Get ready for groundbreaking insights, game-changing …

24th World Petroleum Congress: Join the most important conversations on the future of energy this September Read More »

U.S. natural gas futures rose on Monday as hotter-than-normal weather kept cooling demand high, with consumption set to rise further into next week. Supply was also seen dropping to 108.6 billion cubic feet per day (bcfd) from 109.2 bcfd in the previous week. Front-month gas futures for September delivery on the New York Mercantile Exchange …

U.S. natgas futures rise as heat wave lingers Read More »

Bankers, money managers and other financial market participants are starting to loathe the label “ESG” — but they’re also sticking with the strategy, according to a Bloomberg survey. About two-thirds of respondents in a survey of roughly 300 Bloomberg terminal users said the anti-ESG movement that started in the US last year will force firms to stop …

Bankers Hate Saying ‘ESG’ But Are Hardwiring It Into Their Work Read More »

Suspending a Well Well Suspension Tools Ltd.’s line of tools means well suspension can now be performed with less cost due to increased efficiency and improved safety. Wells can be suspended then re-activated when operational or economic conditions dictate. Improperly shut-in wells can leak contaminants – crude oil, methane and/or formation water. Eliminate leaks permanently …

Well Suspension Operations Can Now be Done More Safely, Efficiently and Cost Effectively With This Tool Read More »

The Biden administration awarded $1.2 billion in support of companies looking to pull carbon from the ambient air on Friday. It did so endorsing a specific strategy: that grouping like-minded companies and researchers in hubs is the most effective way to scale the nascent technology. Projects proposed by a subsidiary of Occidental Petroleum Corp. for Kleberg County, Texas, and …

How Biden’s Regional Carbon Cleanup Hubs Could Spur Innovation Read More »

(Reuters) – California’s Independent System Operator (ISO) warned of high temperatures and increased electricity usage during the coming week as the grid operator prepares for tight conditions works to ensure adequate supply. In a notice released on Saturday, ISO said it is closely monitoring the power grid as widespread heat waves can cause supply shortages, …

California grid warns heat wave will stoke power demand Read More »