News
Global energy growth of 50 percent by 2050, EIA predicts
Global energy demand will increase 50 percent by 2050, spurred by economic growth in developing nations, particularly in Asia, the U.S. Energy Information Administration forecast Tuesday. Source: FuelFix
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NRG to step up emissions reduction goals to match IPCC recommendations
The company’s new goals are based on containing global warming to 1.5 degrees Celsius, the limit the Intergovernmental Panel on Climate Change now believes is necessary to avoid the worst effects of climate change. Source:...
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Fluor to sell off $1 billion in assets as engineering firm refocuses on enegy projects
Irving engineering, procurement and construction Fluor plans to sell off $1 billion in assets as the company refocuses on enegy sector projects. Source: FuelFix
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Oil sector climate initiatives target Texas coast and Gulf of Mexico
As Climate Week in New York continues, some of the world’s top oil and gas companies are working on their own solutions to reduce their emissions, including creating a hub for carbon capture projects along...
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Oil slips on signs of returning Saudi output as doubts linger
Oil edged lower on signs Saudi Arabia is making progress in restoring lost output even as uncertainty remains about the kingdom’s ability to meet its timeline of a full return by the end of the...
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