Another Tipping Point For Coal: Big Oil Eyeballs Big Wind
President Trump keeps promising to bring back coal jobs, but success drifts further out of reach as big oil sets its sights on wind energy development.
Statoil
Yet Another Energy Company Bails On Canadian Tar Sands Oil — Is Koch Next?
Energy companies are beginning to bail on Canada’s tar sands oil fields and even Koch Industries is joining the rush out the door — or maybe not.
World’s Largest Oil Company, Saudi Aramco, Apparently Mulling $5 Billion Renewable Investment
The world’s largest oil company, Saudi Aramco, is apparently mulling over as much as $5 billion in renewable energy investments as part of plans to diversify from crude oil production, according to people with knowledge on the matter.
Renewables Now Cheapest, But How To Enable Faster Renewable Energy Growth?
Renewable energy is now the cheapest option, on average, for new electricity capacity around the world — developed countries like the US as well as developing countries. As I noted the other day, we need to keep channeling this message to the broader public, and especially decision-makers, but there are other things to do in order to increase renewable energy growth.
Masdar Acquires 25% Stake In Hywind Floating Offshore Wind Farm From Statoil
Norwegian oil and gas company Statoil has agreed to divest 25% of its stake in the Hywind Scotland floating offshore wind pilot to Abu Dhabi’s renewable energy company, Masdar.
The Totally Insane Carbon Bubble
As the cleantech transition speeds up, many of us are jumping for joy. Trump may be king of tweetland, but he and his oil & gas buddies can’t stop renewables or electric robotaxis. They know that. Their goals are pretty clear, though: pump up the carbon bubble as much as possible, stuff as much cash into their own bank accounts before it pops, and hopefully retire and die before the whole global economy is brought down with the the thin soapy liquid that was probably much prettier as a bubble.
Statoil Wins New York Offshore Wind Lease
Norwegian oil and gas company Statoil has won the offshore wind lease to 79,350 acres off the coast of New York with a winning bid of $42.5 million.
DONG Energy’s 1 Gigawatt Bay State Offshore Wind Farm
Denmark’s offshore wind leader DONG Energy is developing a gigantic offshore wind farm in the US. At 1 gigawatt (GW), the Bay State offshore wind farm is the size of a nuclear plant.
Oil Majors Said To Be Joining Forces On Renewable Energy Fund
Reuters is reporting that seven leading oil and gas companies will be joining forces to create a renewable energy investment fund for the development and promotion of renewable energy.
United Wind Garners Further Financing For US Distributed Wind Sector
Distributed wind energy company United Wind has garnered its second round of investment in 2016, enabling the company to expand its lease offerings around the US. United Wind is the leading provider of distributed wind energy solutions in the United States, providing distributed wind energy leasing solutions to rural businesses … [continued]
