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Big Oil Is Flush With Cash, But Doesn't Know Where To Spend it | OilPrice.com

UNCERTAINTY IS KEY TO PRESENT CONUNDRUM Energy security has become prime, superseding sustainability Despite emission reduction promises, Oil majors, especially US oil majors have spent more money on dividends and share buyback Athen reinvesting in renewables or infrastructure? Elimination supply without eliminating demands will cause commodity price spike; undermining energy
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EVs Late Winter, 2023

I started to work on the latest paper in this series in early February and will post it on March 14th, before the Vernal Equinox (March 20 for the Continental U.S., in the afternoon), while itโ€™s technically still winter. This covers the following subjects: Supply Chain: โ€ข GM and Ford are starting to make major commitments to assure their Lithium-Ion Battery materials supply. โ€ข
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Worldwide: Saudi Arabia's Growing Solar Power Capabilities Gain Interest From UK Government

In Saudi Arabia, solar power is a significant piece of its 2030 vision and economic plan (Vision 2030). In addition to the environmental benefits associated with solar power, Saudi Arabia has a special geographical and climatic location that makes utilising renewable energy sources economically attractive. In this article, we take a closer look at the renewable energy sector
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Texas energy company paying $3.4B for nuclear plant owner

AKRON, Ohio (AP) โ€” Amid a federal corruption case, a company that owns nuclear plants in Pennsylvania and northern Ohio will be sold for more than $3.4 billion to an Irving, Texas-based company. Under the deal announced Monday, Ohio-based Energy Harbor will become part of a newly formed Vistra subsidiary called Vistra Vision. Both companiesโ€™ boards of directors have approved
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Oil companies assessing 40GW of offshore wind projects in Brazil

Together, the undertakings being studied have an estimated installed capacity of approximately 40.6GW, which is equivalent to about 21% of the total national generation currently in operation (191GW). On Monday, the state-run firm Petrobras and Norway's Equinor signed a letter of intent to evaluate the technical, economic and environmental feasibility of seven projects off the
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