Congress recently passed the agreement reached by President Biden and House Speaker Kevin McCarthy to increase the national debt ceiling. Of course, this increase in the debt ceiling allows the US government to avoid a default on its debt. It also represents a crucial moment for energy reform.
Within the...
In the bustling world of the oil and gas industry, one subject captures the essence of exploration and production activities - mineral rights. The acquisition of these rights plays a significant role in the industry, acting as the linchpin of successful extraction and processing operations. This article unravels the...
The battery storage market is expected to expand significantly over the next decade as the U.S. rolls out more renewable energy projects across the country. As more green energy sources come online, the need for battery storage will be great. Lithium-ion batteries allow energy producers to store power rather...
The Department of Energy recently announced the plan to replenish the Strategic Petroleum Reserve with a meager 6 million barrels. After draining the SPR to record lows in 2022, this plan seems far short of what many consider an appropriate emergency supply. This stage of Biden’s three-part plan to...
As the world undergoes a green transition, we are seeing a rapid rise in demand for metals and minerals, particularly lithium, used for rechargeable batteries. These batteries will be key to the electrification of transportation, as well as for storage in renewable energy operations, to ensure the steady and...
The face of energy is transitioning from dependence on fossil fuels to renewable and clean energy solutions. With pressure from the current administration and mounting climate concerns, nations across the globe are rallying behind the green energy movement. The efforts to transition to clean energy represent the convictions of...
Investing in companies that focus on their impact on the environment, on social issues, and on corporate governance (ESG) seems to be the focus of a newer generation of investors. This newer generation seems to care more about how companies are participating in socio-economic and environmental progress, than maximizing...
Earlier this month, the Biden administration proposed an extensive decrease in greenhouse gas emissions from U.S. power plants. This plan would require power plants to install billions of dollars worth of new equipment to dramatically curb the emission of CO2 into the atmosphere. Power plants would be required to...
Wind, solar, and hydropower have long dominated the world of renewables, with many countries around the globe having adopted these technologies long ago. The U.S. and Europe both have a huge wind power capacity, while the potential for establishing large-scale solar energy and hydropower projects across the developing world...
British Petroleum (BP) has begun pumping with its Argos platform in the Gulf of Mexico. The $9 billion offshore platform is said to increase crude oil production capacity in the region to 400,000 barrels a day. With this new platform, BP is heavily investing in the Gulf of Mexico...
