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forbes.com 1hour ago

The 2.2 Billion-ton Elephant In The Room: Three Ways To Reduce Construction Waste

In an industry where delivering projects on time and on budget is paramount, construction companies are incentivized to do whatever it takes to get the materials they need.
Read by 45% of LPs

theguardian.com 18hours ago

Octopus Takeover Of Bulb Faces Delay After Rivals Seek Judicial Review | Energy Industry

Three companies complain over lack of transparency around deal which could be biggest government bailout since RBS and LloydsThe takeover of collapsed bailed-out energy supplier Bulb by rival Octopus faces further delays after three rival companies launched judicial review proceedings, arguing that there are “significant concerns” over a possible £1bn government-funded “dowry”.Octopus agreed to buy Bulb out of a special government-handled administration last month after a year-long process which could cost the taxpayer up to £6.5bn, according to a government estimate. Continue reading...
Read by 44% of LPs

rigzone.com 19hours ago

Adnoc Focusing On Decarbonization, Supporting Global Energy Security

The Abu Dhabi National Oil Company has set out on a path of reaching Net Zero by 2050 and supporting global energy security.
Read by 31% of LPs

express.co.uk 19hours ago

British Gas Is Offering Help With Energy Debt Up To £1,500

The British Gas Energy Support Fund helps people struggling to pay their energy bills no matter who their energy supplier is.
Read by 67% of LPs

scmp.com 23hours ago

Qatar To Supply Germany With Lng Under Long-term Gas Deal With Conocophillips | South China Morning Post

Qatar Energy and ConocoPhillips have signed an agreement for Qatar to send up to 2 million tonnes of LNG a year to Germany from 2026, for at least 15 years.
Read by 41% of LPs

rigzone.com November 29, 2022

Shell Buys Renewable Natural Gas Producer For $2B

Shell has reached an agreement to acquire Nature Energy Biogas for nearly $2 billion. : Shell Petroleum, a wholly owned subsidiary of Shell, has reached an agreement with Davidson Kempner Capital Management, Pioneer Point Partners, and Sampension to acquire Nature Energy Biogas for nearly $2 billion. The acquisition will be absorbed within Shell’s current capital range, which remains unchanged. Based in Denmark, Nature Energy is a producer of Renewable Natural Gas (RNG) from agricultural, industrial, and household wastes.
Read by 32% of LPs

straitstimes.com November 29, 2022

Shell Buys Nature Energy In $2.8B Push Into Biogas | The Straits Times

November 29, 2022 10:10 AMLONDON – Shell will buy Nature Energy Biogas from hedge fund Davidson Kempner Capital Management for nearly US$2 billion (S$2.8 billion) as the oil major expands its transition from fossil fuels.
Read by 59% of LPs

theguardian.com November 28, 2022

National Grid Poised To Start Emergency Winter Plan As Energy Prices Soar | Energy Industry

Scheme rewards businesses and households that shift power usage away from times of peak demandThe UK electricity network operator is poised to activate its emergency winter plan after energy prices rose amid falling temperatures and growing concern over power supplies.National Grid indicated it could announce on Monday afternoon that it was issuing a requirement for consumers to use its new demand flexibility service from Tuesday, which rewards businesses and households that shift their power usage away from times of peak demand. Continue reading...
Read by 48% of LPs

upi.com November 27, 2022

Biden Administration Grants Chevron License To Export Venezuelan Oil

The Biden Administration is allowing Chevron to produce and export oil from Venezuela on a six month license. : Nov. 27 (UPI) -- The U.S. Treasury Department announced a six-month license allowing oil giant Chevron to produce and export oil from Venezuela. The United States sanctioned Venezuela under the regime of President Nicolás Maduro, greatly impacting the country's oil market and overall economy. Under Maduro, the country has operated under what some opponents describe as a dictatorship. The department claims its loosening of sanctions is a response to Maduro and Venezuela resuming humanitarian talks with his political opponents.
Read by 32% of LPs

asia.nikkei.com November 27, 2022

Copper's Green Future Keeps Miners Bullish Despite China Weakness - Nikkei Asia

TOKYO -- Copper, short or long? For Australian resource giant BHP the answer to that simple question was obviously "long," as it raised its offer for copper miner OZ Minerals this month to 9.6 billion Australian dollars ($6.4 billion) from its previous offer of AU$8.3 billion. BHP's bullish view on copper stands in contrast to its view on other resources, such as oil and thermal coal, from which the company is divesting.
Read by 49% of LPs