Archives for October 2019
Nearly half of world's power will come from wind, solar and water in 30 years
In three decades, renewable energy sources are expected to provide nearly half the world’s supply of electricity, up from the current rate of 28 percent. Source: FuelFix
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BP Chief Executive Bob Dudley retiring, Looney tapped as successor
BP’s first American chief executive will retire in March, paving the way for Bernard Looney to step in next year as the new head of the British energy major. Source: FuelFix
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Sustainability fund buys stake in Austin recycler
An investment fund backed by some of the world’s largest product manufacturers and retailers, including Amazon, Coca Cola and Unilever, has bought a stake in Austin-based recycling company Balcones Resources. Source: FuelFix
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Chevron announces new oil and gas emission reduction goals
Chevron said Thursday it will adopt new goals to reduce its greenhouse gas emissions from its oil and gas production that will be achieved by 2023. Source: FuelFix
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As oil prices sink again, OPEC+ ministers stick to their plan
As crude prices sink again — completely erasing the surge caused by attacks on Saudi Arabia — OPEC+ ministers acknowledged the growing risks to oil demand but gave no indication of a change in strategy....
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