** The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. ** Donald Trump’s pick for energy secretary called net zero a “sinister goal” and drank bleach on camera. Chris Wright, the founder and chief executive of Denver-based Liberty …
Category: Wind Energy
Solar and wind can’t totally replace natural gas for power generation says SPP
When wind and solar power are unable to fulfill demands for electricity generation, what’s the option? The Southwest Power Pool says it’s natural gas and executives made their point this week during a panel discussion at the National Association of Regulatory Utility Commissioners’ annual meeting in Anaheim, California. It was an emphasis for continued use …
Energy briefs
** Boeing (BA) said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. ** Frontier Communications shareholders have approved a $9.6 billion sale to Verizon, the company said on Wednesday, even as …
Slight decline in 3Q earnings for PHX Minerals
PHX Minerals recorded a slight drop in net income in the third quarter, slipping from $1.3 million and 4 cents a share in the second quarter to $1.1 million and 3 cents a share as the company also saw declines in production and converting wells in production. The Fort Worth-based company said earnings compared …
Energy predictions from the EIA
Where are the US and the rest of the world going when it comes to energy consumption? Here’s the latest predictions from the U.S. Energy Information Administration: Global oil consumption. India has emerged as the leading source of growth in global oil consumption in our forecast. Over 2024 and 2025, India accounts for 25% …
Energy briefs
** Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers. In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve as …
Energy sector employment remains steady
( Photographer: Eddie Seal/Bloomberg) A new report shows employment in the energy services sector across the U.S. remained steady, whether it’s in the oil patch, installing solar panels or constructing wind farms. The Energy Workforce & Technology Council released its monthly jobs report which included Oklahoma, ranked third highest in the nation when it comes …
Energy briefs
** The incoming Trump administration plans to shrink two national monuments in Utah shortly after taking office, which will open hundreds of thousands of acres of federal land to oil and gas drilling and uranium and coal mining. ** The Biden administration plans to release a blueprint for an additional 200 GW of nuclear power by 2050, …
Energy briefs
** President-elect Donald Trump has picked former New York Congressman and gubernatorial candidate Lee Zeldin to be the head of the Environmental Protection Agency in his upcoming administration. ** The head of the Arkansas Advanced Energy Association believes the state faces an “energy crisis” due to the imminent closure of coal-fired plants and the rollback of …
Energy briefs
** The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it would work to more fully assess the impacts of exporting U.S.-produced natural gas on climate change, national security and economics. ** Boeing CEO Kelly …