#Energy Industry


Paul Hastings snags energy deal lawyer duo from Baker McKenzie

(Reuters) - Energy transactions lawyers Luis Fernando Gomar and Rocio Guadalupe Mendoza of Baker McKenzie have joined Paul Hastings as partners in Houston, the firm announced Friday. During his three years at Baker McKenzie, Gomar represented clients dealing with domestic and international transactions such as joint ventures and mergers and...
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The Motley Fool

Get Paid While You Wait: 3 Top Dividend Stocks in Energy

Oil and natural gas are out of favor, but the industry isn't sitting still. Enbridge and TotalEnergies are high-yield names with plans to clean up their businesses. Shell has a lower yield, but is already proving that its low-carbon shift can support a growing dividend. The energy sector is out...
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Oswego County Today

Governor Hochul Announces $36 Million ‘Regional Clean Energy Hubs’ Initiative To Help Provide Clean Energy Solutions, Opportunities At Community Level

ALBANY, NY – Governor Kathy Hochul yesterday announced a new $36 million initiative to establish and support Regional Clean Energy Hubs as centers of outreach, awareness, and education in each of the ten Regional Economic Development Council (REDC) regions, to improve community engagement and ensure that all New Yorkers can benefit from the State’s clean energy transition.

Is Carbon Capture Another Fossil Fuel Industry Con?

With COP26 looming and a global gas shortage in full force, the bumpy road towards a sustainable energy future is front and center in the news. In the UK, right-leaning politicians are blaming over-reliance on renewable energy. But another “solution” has been on the lips of many of all pollical persuasions: hydrogen. The latest ruse is that carbon capture will enable this new savior of our climate. But the reality is not as green as proponents claim.

Project Financing Biggest Challenge in Mexico Energy Market, Entrepreneur Says

“The biggest challenge for our customers is to get reliable, affordable and efficient financing for their projects,” Asger Victor Hansen, founder of Kauil Energy in Mexico City, told NGI’s Mexico GPI in the latest installment of its interview series. Hansen, who is a native of Denmark, founded Kauil Energy, a...

What a modern energy crisis looks like and why no country is safe

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Megawattageddon. Gasapocalypse. Energastrophe. Call it what you will, the energy market news coming out of the U.K. paints a dystopian image of what happens when an economy, making the righteous transition to affordable, clean, renewable power, has to turn to pricey gas to keep moving forward.

PE Funding Filling Void in North America E&P as Public Operators Stay Disciplined

Private equity (PE) continues to pour into the North American oil and natural gas patch amid higher commodity prices and capital discipline by publicly traded companies. Privately held exploration and production (E&P) firm Sabalo Energy II said Wednesday it has closed a $300 million equity commitment from EnCap Investments LP. The objective “is to build, operate and generate significant cash flow from a portfolio of upstream assets located in premier U.S. basins,” Sabalo said.

$400bn Is Needed To Achieve Net-Zero Carbon Emissions In 30 Years – Buhari

President Muhammadu Buhari has stated that Nigeria requires $400 billion to achieve net-zero energy, which equates to more than $400 billion in 30 years. On the fringes of the 76th United Nations General Assembly in New York, Buhari spoke on Nigeria’s role as a Global Theme Champion for the Energy Transition, the theme of the High-Level Dialogue on Energy. He said Nigeria is embarking on an ambitious Energy Plan to reduce energy shortages by 2030.

The Green-Energy Crunch Comes To The UK—And It’s Not Pretty

Anybody who looks with a critical eye at the madcap push toward increasing amounts of intermittent renewable electricity generation in the U.S. and Europe quickly realizes that eventually, this has to hit a wall. But when will the crunch come? Theoretically, with 100 percent fossil-fuel backup, you can keep an...
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Iowa notes Clean Energy Week

Iowa Governor Kim Reynolds issued a proclamation recognizing Sept. 20-24 as Clean Energy Week in the state in conjunction with the fifth annual National Clean Energy Week. Last year, Reynolds, along with other governors, signed proclamations recognizing Clean Energy Weeks in their respective states. In her 2021 proclamation, Reynolds noted Iowa’s nearly 5,900 wind turbines generate 60 percent of the state’s electricity—the highest wind power share for any state.

Energy transition: landlords with solar roofs have a hard time

First the photovoltaic system has to go up. On the roof, it is supposed to catch the sun's rays, produce “green” electricity and thus protect the climate. But assembly is often by no means the real challenge for the energy transition. Because the ecological operation on the roof brings with...

UK government unveils over £400m in funding for new green energy schemes

In the last week, the UK government has revealed two major schemes to boost the nation’s renewable energy sector and our overall green credentials. The first announcement detailed further backing for offshore wind projects around the country, with over £250m being put forward to produce more wind farms and further develop the technology behind them. The second explained a new initiative that will see some of the UK’s biggest industrial polluters get a share of a £220m pot to help them cut their use of fossil fuels.

Nigeria To Provide Electricity To 5m Households By 2030 – Buhari

(AFRICAN EXAMINER) – President Muhammadu Buhari says Nigeria is working on an ambitious Energy Plan towards reducing the energy shortcomings by year 2030. Mr Femi Adesina, the President’s spokesman in a statement late Friday evening, said Buhari spoke in line with Nigeria’s role as a Global Theme Champion for the Energy Transition, theme of the High-Level Dialogue on Energy on the sidelines of the 76th United Nations General Assembly in New York.