A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals. Premium content You are currently not logged into your account. Register and get a two week trial. You need … Read More
climate change
In focus: Heating up the energy transition
The latest developments from the offshore energy industry related to the ongoing energy transition. Premium content You are currently not logged into your account. Register and get a two week trial. You need javascript to validate your login status. Premium … Read More
Lobbyist’s comments in leaked video ‘inaccurate’, ExxonMobil CEO claims
Following an undercover reporter filming a lobbyist for ExxonMobil stating that the company’s climate policy was just a PR stunt, the chief executive officer (CEO) of ExxonMobil issued a statement refuting those claims. Channel 4 aired an interview on Wednesday … Read More
ExxonMobil lobbyists filmed saying oil major’s climate policy a PR stunt
A lobbyist for ExxonMobil stated in an aired interview recorded by undercover Greenpeace activists that the company was still fighting efforts to tackle climate change in the U.S., despite publicly claiming to support the Paris climate agreement. Premium content You … Read More
Big money forcing Big Oil into climate change revolution
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action. During the past several weeks a combination … Read More
Dutch court orders Shell to curb emissions in ‘historic ruling’
A Dutch court has ordered oil major Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but also the one that Shell plans to appeal. This embedded content is only visible after accepting cookies. Change … Read More
VCE: Wind Generation Exceeds Expectations During Winter Storm Uri
During recent Winter Storm Uri, natural gas had the highest outage rate of all of Texas’s generation types – in excess of 25,000 MW at peak for several days, according to a recently released white paper from Vibrant Clean Energy … Read More
Invenergy Completes Construction Financing for 999 MW Oklahoma Wind Farm
Invenergy, a privately held global developer and operator of sustainable energy solutions, has completed construction financing for the 999 MW Traverse Wind Energy Center. Located in Custer, Blaine, and Kingfisher Counties, Okla., Traverse is the largest of three wind energy … Read More
EIB Co-Finances Construction of French Offshore Wind Farm
The European Investment Bank (EIB) has granted a €350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of a wind farm off the coast of Courseulles-sur-Mer in France. This financing … Read More
Nucor Secures VPPA with Orsted for Texas Wind Farm
Nucor Corp., a manufacturer of steel and steel products, has signed a 10-year virtual power purchase agreement (VPPA) with Ørsted Onshore North America LLC for 100 MW from the company’s Western Trail wind farm in north Texas. This is Nucor’s … Read More