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Friday, January 24, 2020

Environment

Emissions concerns drive innovation in the deep-well pump market

The hydraulic-powered deep-well pump is a firm favourite among tanker owners, but the need to optimise energy efficiency is driving the transition towards an electric-powered alternative The engineering design of the hydraulic deep-well pump is...

Oil industry in Davos: torn between Greta and Trump

Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures. It’s a Catch-22 situation: to meet ambitious emissions targets by investing in low-carbon technologies,...

IMO Secretary-General calls for renewed cooperation at Davos forum

At the World Economic Forum in Davos this week, IMO Secretary-General Kitack Lim is calling for renewed cooperation from all stakeholders to tackle the urgent issues of air pollution and greenhouse gas emissions from...
bp

BP’s CEO chides AOC and Bernie Sanders for their ‘completely unrealistic’ Green New Deal...

Outgoing BP chief Bob Dudley on Wednesday criticized sweeping climate proposals from Sen. Bernie Sanders, a top-tier 2020 Democratic presidential candidate, and Rep. Alexandria Ocasio-Cortez, a champion of the far left. “They have a completely unrealistic idea of...

EIA projects less than a quarter of the world’s electricity generated from coal by...

Source: U.S. Energy Information Administration, International Energy Outlook 2019 According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), global electric power generation from renewable sources will increase more than 20% throughout the projection period (2018–2050),...

Ultrafine dust in Seoul, Beijing has similar ingredients: report

Ultrafine dust in the capitals of South Korea and China is made up of similar components, most coming from automotive emissions and coal power plants, joint research by the two countries showed Wednesday. According to...

Big oil feels the heat on climate as industry leader promises: ‘We will be...

Teenage environmental activist Greta Thunberg slammed inaction over climate change as the global oil industry found itself under intense scrutiny on the opening day of the World Economic Forum in Davos. The teenage campaigner went...

From ‘Climate Emergency’ to ‘4th Industrial Revolution’: What to Expect From 2nd Day of...

On Tuesday, the 50th Annual Meeting of the World Economic Forum kicked off in the Swiss resort village of Davos, a three-day event that is attended by about 3,000 top business leaders, heads of...

The US is set to experience yet a new energy revolution: Offshore wind

According to fresh research by Rystad Energy, installed offshore wind capacity in US waters could reach 20 gigawatts (GW) by 2030 and annual investments in the sector could surpass $15 billion by the mid-2020s....

Exclusive: BP’s Looney goes all-in on climate goals and explores overhaul

Change is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company’s climate targets and is considering overhauling the structure of the oil and gas major in one of the biggest...