With interest in hydrogen energy growing rapidly, some of the largest projects and investments have been announced by long-time oil giants like BP, Shell, and Chevron, reports OilPrice. Chevron recently announced that it will invest $2 billion to develop green and blue hydrogen over the next five years, as part of itsContinue Reading
Texas is smashing energy demand records as the state undergoes a record heat wave. Despite concerns over reliability, the grid has so far pulled through, thanks to wind and solar energy, reports CNN. “Texas is, by rhetoric, anti-renewables. But frankly, renewables are bailing us out,” said Michael Webber, an energy expertContinue Reading
Ford Motors announced new plans to convert three existing plants to build new electric vehicle and gas-powered models, a move which the company says will create nearly 6,200 new jobs across Michigan, Ohio and Missouri, reports CNBC. In addition to the facility upgrades and new positions, Ford says nearly 3,000 temporaryContinue Reading
Hyundai has announced plans to construct a $5.5 billion plant in Georgia which will produce both electric vehicles, and electric vehicle batteries, reports the Associated Press. The plant will be located in Bryan County near Savannah, Georgia and is expected to create thousands of jobs. “Hard-working Georgians are going to haveContinue Reading
Supply chain issues have been hitting the nation hard since the start of the pandemic, and shortages have only worsened in light of Russia’s ongoing invasion of Ukraine. Small, family-owned businesses are often the worst hit, but by using manure biodigesters, some dairy farmers have found a way to turnContinue Reading
ACE Green Recycling has announced plans to build North America’s largest battery-recycling facility to date at in unrevealed location in Texas, reports the Houston Chronicle. “Texas sits at the heart of the world’s global energy revolution with key access to an abundant pool of top engineering and technical talent. ACE’s newContinue Reading
The Department of Energy has released a “notice of intent” to gather input ahead of starting the process of pushing $2.5 billion towards transmission upgrades and expansion, reports Axios. The program is one of several recent initiatives to expand and upgrade the nation’s transmission system, as an over-aged grid is hinderingContinue Reading
Investment in clean energy has been on a steep upward path for years. Now, oil and gas companies are becoming some of the largest new investors in clean energy projects, reports the Fort-Worth Star Telegram. Koch Industries, a long-time oil and gas supporter, has invested nearly $1.7 billion in advanced energyContinue Reading
The February 2021 winter storm in Texas has had long lasting implications for the energy world. Energy experts are still working to identify what led to the “perfect storm”, including the vast amount of power Texas pipeline operators have compared to the rest of the country, reports the Houston Chronicle. ThisContinue Reading
Energy demand has skyrocketed in recent months due to Russia’s invasion of Ukraine and a post-pandemic global surge in energy usage. While coal production and use has surged to fill the gaps, Arch Resources Inc., one of the nation’s largest companies, is setting aside profits to pay for closure andContinue Reading
Despite rising global demand for petroleum and soaring domestic costs, American oil and gas companies are hesitant to ramp up production over fears that demand won’t last long enough to turn a large enough profit from new wells, reports The New York Times. “You had this bombastic, chest-pounding industry touting itselfContinue Reading
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