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In between management meetings this morning, my notifications bell continued to buzz. So, I paused to check. Messages were dropping fast: Bob Hinson says you’re “smearing” GNPC. What’s going on?
14 hours BP Shareholders Reject Emission-Cutting Resolution 16 hours Tesla Stops Accepting Bitcoin As Payment 17 hours Chevron Halts Gas Field Off Israel As Violence Flares Up 18 hours Oil & Gas Deals In Middle East And Africa Slump By 33% In Q1 19 hours Colonial Pipeline Paid Hackers Nearly $5 Million In Ransom After Attack 20 hours East Coast Fuel Supply Hampered By Tanker Shortage 1 day ExxonMobil Sets Higher Guyana Oil Production Target 2 days Qatar Could Offer...
Premium Content Why Natural Gas Won’t Be Replaced Anytime Soon By Irina Slav - Apr 20, 2021, 7:00 PM CDT “Gas will be a repeat of coal but quicker. When we look at power generation, you can see that going really, really quickly.” This is what the head of company search at the Carbon Tracker Initiative told Bloomberg this month in comments on the future of natural gas in Europe, as news outlet reported that some large European utilities are having trouble finding buyers for their gas-fired plants. The report cites Spanish Iberdrola as struggling to find buyers for gas plants. ...
Article content (Bloomberg) — Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell. Citigroup Inc. and JPMorgan Chase & Co. are among the banks that strengthened their financing restrictions on thermal coal under pressure from shareholders wanting to avoid the fuel, and the expectation is that gas is next. Executives at some western European companies say they’re already struggling to sell gas-fired faci...
Three speakers addressed the online event, with Dean Reeve and Robin Woodward, speaking on “Transform Saskatchewan’s Stranded Assets – profit from the Climate Economy, and Howard Schearer speaking on “The Promise – Small Modular Nuclear Reactors Offer Saskatchewan.” The event was moderated by Costa Maragos. Reeve is a retired utilities senior executive, formerly with TransGas, SaskEnergy and Atco while Woodward is the principal with RW Consulting, a Regina-based consulting firm focussed on alternative energy development, agriculture and municipal policy and growth. Shearer is chi...