Month: February 2021

The impact of the recent cold blast across Texas’ oil and gas value chain figured prominently in energy news last week, and a review of the most popular articles among Rigzone’s downstream audience is no exception. Below are three of last week’s top downstream-related articles based on pageviews. Weeks to Restart Damaged Texas Refineries Some
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By Simon Alvarez Posted on February 28, 2021 Elon Musk’s companies have a pretty strong tendency to attract their own fair share of critics, including those in notable positions in their respective industries. This was the case with Tesla and its electric vehicles, and the same was true with SpaceX and its reusable orbital-class rockets.
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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fanjianhua | Moment | Getty Images A Swedish firm backed by investors including Spotify founder Daniel Ek plans to build a steel production facility in the north of the country that will be powered by what it describes as “the world’s largest green hydrogen plant.” H2 Green Steel, which was established in 2020, will focus
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Baker Hughes Co. (NYSE: BKR) on Friday reported the total number of rotary drilling rigs operating in the United States hit 402 this week – a five-unit week-on-week increase. The most recent U.S. rig count reflects a four-unit increase in oil rigs (to 309), a one-unit increase in gas rigs (to 92), and no change
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Nuclear energy will “absolutely” be politically palatable, billionaire philanthropist, technologist and climate change evangelist Bill Gates recently told Andrew Ross Sorkin on CNBC’s “Squawk Box.” Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it’s a necessary, worthy and surmountable challenge to correct the naysayers,
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(Bloomberg) — The deal, as investors from Bogota to New York see it, has all the markings of a cash-strapped federal government forcing a state-run company to bail it out. Ecopetrol SA, Colombia’s biggest oil company, would hand over about $4 billion to the government in exchange for control of another state-sponsored outfit, the electric
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By Alex Grant, Principal, Jade Cove Partners, San Francisco, USA, & Paul Martin, Chemical Process Development Expert, Toronto, Canada Exxon first correctly identified combustion of their hydrocarbon products as the cause of future catastrophic climate change as early as 1977.¹ But for decades, Exxon successfully ensured that their investors and the world’s governments would not know what
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Offshore wind turbines being installed in waters off Zhoushan, Zhejiang Province, China, on September 3, 2020. Yao Feng | Visual China Group | Getty Images The world added more than 6 gigawatts (GW) of new offshore wind capacity in 2020, with China responsible for over half of installations in the sector, according to new figures
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(Bloomberg) — One in every seven Texas gas stations is without fuel a week after the historic freeze crippled refineries and trucking, prompting at least one major retailer in the second-largest U.S. state to seek outside help. The number of filling stations and convenience stores with empty tanks reached 15% across the Lone Star state
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WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced that its Frontier Observatory for Research in Geothermal Energy (FORGE) Initiative at the University of Utah has selected 17 projects to receive up to $46 million in funding for cutting-edge, domestic, and carbon-free geothermal projects with potential to supply power to homes in the United
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