Moderates' $800B Infrastructure Bill Is A Tough Sell With Democrats
A group of Republican and Democratic moderates in the Senate are circling around a compromise infrastructure spending proposal that would cost around $800 billion - a sum that falls well short of what most Democrats want...
Declining Oil Production Signals More Trouble For Nigerian Economy - Businessday Ng
Nigeria's oil rig count, a measurement of the level of oil production activity, has hit the lowest level in six years, a situation that demonstrates a troubling decline in production. Data obtained from Baker Hughes Incorporated and Organisation of Petroleum Exporting Countries (OPEC) show Nigeria's oil rig count has reduced to six rigs as of [...]
Japan Aims To Supercharge Interregional Power Grid - Nikkei Asia
Tokyo -- Japan plans to double its regional electrical grid capacity by adding up to 23 million kilowatts, according to a plan compiled by the industry ministry and an organization representing energy operators. New routes are planned to connect the largest northern island of Hokkaido and the southern island of Kyushu via the main island of Honshu. The move is aimed at helping Japan reduce greenhouse gas emissions to net-zero by 2050, for which renewable energy sources -- including offshore wind -- are critical. A major challenge has been weak grid connections traversing regions.
Former Shale Ceo Looks Beyond $1.15B Renewable Gas Spac
The former head of a major U.S. shale driller is eyeing more investments in the energy transition. : (Bloomberg) -- The former head of a major U.S. shale driller is eyeing more investments in the energy transition after his first blank-check company announced a deal to create a $1.15 billion renewable natural gas business. Daniel Rice IV's Rice Acquisition II special-purpose acquisition company, which filed for a $250 million initial public offering last month, will focus on sustainability and the movement away from fossil fuels.
Shale Markets, Llc / Total Delivers First Lng Cargo To Foran Energy
By Adnan Bajic French major Total said that earlier this month it had delivered the first cargo of liquefied natural gas (LNG) to Foran Energy in China. The post Total delivers first LNG cargo to Foran Energy appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News.
European Wind Powers Up To EUR43B In 2020 On Growing Decarbonization Focus
Investment in European wind sector saw a 70 per cent increase to EUR43 billion in 2020, driven by growing investment appetite on the back of net-zero goals. This resulted in an increase of 13GW of onshore and 7GW of offshore wind.
Crop Rotations With Beans And Peas Offer More Sustainable And Nutritious Food Production
Growing more legumes, like beans and lentils, is potentially a more sustainable and nutritious approach to European agriculture, shows a new study in Frontiers in Sustainable Food Systems. This study presents some of the first holistic evidence that adding legumes to traditional crop rotations (typically including barley, wheat and rapeseed) offers significant environmental benefits as well as increased nutritional value for humans and livestock.
Uganda Set To Announce $3.5bn Investment Into Its Oil Sector - Businessday Ng
Uganda is close to announcing a final investment decision on a US$3.5 billion deal with French oil major Total and CNOOC on Sunday, according to local media reports. The project is the East-African Crude Oil Pipeline (EACOP), a 1,443-kilometer-long (897 miles) pipeline expected to transport more than one billion barrels of crude oil from Uganda [...]
Arbitration Case: Cairn Energy Offers To Invest $1.2 Bn If India Relents | Business Standard News
Cairn Energy has offered to invest the entire award money in India, which includes the principal amount of $1.2 billion and interest of $500 million if the government agrees to enforce the award.