Energy

This Feb. 9, 2016, file photo shows an ice-covered ConocoPhillips sign at a drilling site in Nuiqsut, Alaska. ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion. The companies said Monday, Oct. 19, 2020, that the combined business will be the largest independent oil and gas company, with pro forma production of more than 1.5 million barrels of oil equivalent per day.
ConocoPhillips Makes $9.7B Acquisition
The two companies will reportedly form the largest independent oil & gas company.
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Chemically altering the red in ordinary bricks to become a nanofibrous plastic turns bricks into supercapacitors capable of storing enough electricity to power LED lights.
Clever Chemistry Turns Bricks into Batteries
They could one day be stacked without the need for wires and assembled like Lego bricks.
Aug 13th, 2020
In this Oct. 8, 2019 file photo, the logo for Schlumberger appears above a trading post on the floor of the New York Stock Exchange. Schlumberger is cutting more than 21,000 jobs and paying $1.02 billion in severance as declining oil prices amid the coronavirus pandemic push it to slash costs Schlumberger Ltd. said in a regulatory filing on Friday, July 24, 2020, that vast majority of the severance charge is expected to be paid out during the second half of the year.
Schlumberger Cuts 21,000 Jobs
It represents a quarter of the entire workforce for the world's largest oilfield services company.
Jul 24th, 2020
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Losses Mount for Oil Majors as Pandemic Grips Global Economy
Oct 30th, 2020
In this April 12, 2005, file photo, operator Kevin Holko monitors the control room during a scheduled refueling shutdown at the Perry Nuclear Power Plant in North Perry, Ohio. A federal court docket showed that 'plea agreements' were filed Thursday, Oct. 29, 2020 for defendants Jeffrey Longstreth, a longtime political adviser, and Juan Cespedes, a lobbyist described by investigators as a 'key middleman' in a $60 million bribery case also involving ex-Ohio House Speaker Larry Householder alleged to have helped prop up this aging nuclear power plant and the Davis-Besse Nuclear Power Station in Oak Harbor, Ohio.
Ohio Political Operatives to Plead Guilty in Nuclear Plant Bribery Case
Oct 29th, 2020
U.S. Secretary of State Mike Pompeo speaks during a joint press briefing with Sri Lankan Foreign Minister Dinesh Gunawardena in Colombo, Sri Lanka, Wednesday, Oct. 28, 2020.
Pompeo Says AES of US, PetroVietnam to Sign $2.8B LNG Deal
Oct 28th, 2020
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Government Protests New Nuclear Plant
Oct 27th, 2020
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BP station, west London, Aug. 4, 2020.
BP Earnings Plunge Amid Falling Demand
The oil company said third-quarter earnings dropped 96%.
Oct 27th, 2020
Japanese Prime Minister Yoshihide Suga attends an extraordinary Diet session to deliver his policy speech at the upper house of parliament in Tokyo.
Japan to Go Carbon-Free by 2050
It's unclear whether the new prime minister will have the political heft to wean his resource-scarce nation from imported oil and gas.
Oct 26th, 2020
Robert Murray, former chief executive of Murray Energy Corp.
Coal Magnate Robert Murray Dies
Murray announced his retirement less than a week ago.
Oct 26th, 2020
Satellite image of the FSO Nabarima off the coast of Trinidad and Tobago, Aug. 9, 2020.
Officials Say 'Minimal' Risk Oil Tanker Will Sink
The damaged vessel, loaded with 1.3 million barrels of oil, tilted to the side after taking on water.
Oct 23rd, 2020
The coal-powered Hassyan power plant is under construction in Dubai, United Arab Emirates.
In Dubai, Oil-Rich UAE Sees a New Wonder: a Coal Power Plant
The construction of the $3.4 billion Hassyan plant appears puzzling.
Oct 22nd, 2020
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Pennsylvania Biofuel Company Owners Get Prison
They were ordered to pay millions in restitution.
Oct 21st, 2020
Robert Murray, center, chief executive of Murray Energy Corp.
Bob Murray Retires as Board Chairman of US Coal Giant
Murray started Murray Energy Corp. in 1988.
Oct 21st, 2020
Heavy equipment is seen at a site where sections of the Dakota Access pipeline were being buried.
Tribes Make New Move to Shut Down Dakota Access Pipeline
The tribes argue that potential harm to their water supply outweighs any economic impacts.
Oct 20th, 2020
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Minnesota Ruling Boosts Enbridge Energy's Line 3 Replacement
A judge ruled that the challengers to the pipeline “failed to prove” that water quality and wetlands would be permanently impacted.
Oct 19th, 2020
Artist’s rendering of NuScale Power’s small modular nuclear reactor plant.
US Awards $1.4B to Help Build Small Nuclear Reactors
The Energy Department hopes nuclear power can complement intermittent renewable energy such as wind and solar power.
Oct 19th, 2020
In this Oct. 10, 2019, file photo, Pacific Gas & Electric employees work in the PG&E Emergency Operations Center in San Francisco. When Pacific Gas & Electric set up emergency operations centers to coordinate intentional blackouts intended to prevent wildfires in Northern California, the nation's largest utility forgot one thing, emergency managers who knew the fundamentals of emergency management in California.
PG&E Lacked Basic Training Before California Blackouts
The revelation of just how unprepared the utility was comes as PG&E tries to repair damage done by a decade of criminal recklessness that culminated in wildfires.
Oct 19th, 2020
In this March 27, 2019, photo taken with a fish-eye lens, a Boeing 737 MAX 8 airplane sits on the assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, Wash.
Boeing Ramps Up Renewable Energy Efforts
Carbon-neutral electricity will be distributed to several sites, including the company’s headquarters.
Oct 16th, 2020