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.
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...
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.
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.
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.
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.
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.
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...
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.
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.