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Oil Giants Say New York City’s Suit Targeted at Them is Aimless

Oil Giants Say New York City’s Suit Targeted at Them is Aimless

New York City is suing BP, Chevron, ConocoPhillips, Exxon Mobil and Royal Dutch Shell, saying that each has contributed to global warming and has cost the city billions of dollars as it has tried to mitigate the harm done from such things as deviant weather patterns. The oil giants, though, are firing back, noting that they are on board with efforts to reduce heat-trapping emissions.

Oil Companies Vow to Cut Their Methane Emissions

Oil Companies Vow to Cut Their Methane Emissions

Several oil companies have said that they would cut their methane emissions, acknowledging that doing so would help fight climate change. In doing so, they will be transparent while pushing for meaningful regulations.

Most CO2 Emissions Are Coming From World’s Biggest Companies. What to do?

Most CO2 Emissions Are Coming From World’s Biggest Companies. What to do?

Over the last three years, carbon emissions from the top 250 emitters have been flat, although to fulfill the terms of the Paris agreement, they need to fall by 3% a year, a Thompson Reuters report says.

Davos 2017: Auto, Energy Giants Pledge $1.5 bn Hydrogen Investment, Multinationals Partner on Supply Chain Traceability, TerraCycle Recycles Cigarettes

Davos 2017: Auto, Energy Giants Pledge $1.5 bn Hydrogen Investment, Multinationals Partner on Supply Chain Traceability, TerraCycle Recycles Cigarettes

Environmental management is taking center stage at the annual World Economic Forum in Davos, Switzerland.

industrial plant emissions

Oil Giants to Invest $1 Billion in Carbon Capture, Low-Emissions Technologies

Oil and gas giants including Shell, BP, Statoil and Total today said they will invest $1 billion in low-emissions technologies including carbon capture over the next 10 years.

Is Recycled Plastic Waste the Road Material of the Future?

KWS, a subsidiary of Dutch infrastructure company VolkerWessels, along with processor Wavin and resin supplier Total have signed a cooperation agreement to develop roads made from recycled plastic waste, which the companies say is a sustainable alternative to traditional asphalt. The PlasticRoad concept, introduced last year by KWS, involves recycling … Read more »

Bill Gates, Total Invest $14M in Bioproduct Technology

Microsoft founder Bill Gates and global energy giant Total are investing $14 million to help commercialize a technology that may produce cheaper bioplastics and biofuels. Renmatix’s Platrose technology converts waste biomass to cellulosic sugars, which then can be used as feedstock for chemicals and fuels. This process uses supercritical water … Read more »

Tesla-SolarCity, Total-Saft Acquisitions: In the Race to Integrate Power Companies, Who Is Next?

Tesla-SolarCity, Total-Saft Acquisitions: In the Race to Integrate Power Companies, Who Is Next?

These are tough times for oil giants. They’re up against falling profits and facing threats from alternative fuels and battery technologies as global momentum shifts toward a low-carbon economy. To overcome these challenges, global oil “supermajors” should follow in the footsteps of Total — which bought energy storage company Saft … Read more »

SonnenBatterie

Why GE, Other Energy Giants Are Investing Billions in Battery Storage

General Electric has invested millions of dollars into German batter storage provider Sonnen — the latest move by an energy services giant to buy into the growing energy storage market.

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