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July 13, 2020

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CNBC Business

Amazon’s Climate Pledge Arena set to change the game rules on green stadium design

CNBC
by CNBC010
CNBC – For more and to sign up click here Amazon’s Climate Pledge Arena to change rules on green stadium design SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...
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CNBC Business

Oil major Shell to write down up to $22 billion of assets in second quarter

CNBC
by CNBC010
CNBC – For more and to sign up click here A detailed view of a Shell gas station sign showing the low price of $1.69 per gallon, the result of the coronavirus (COVID-19) outbreak on March 31, 2020 in Jacksonville, Fl. David Rosenblum | Icon Sportswire | Getty Images Oil......
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New York Post

Shale-drilling giant Chesapeake Energy files for bankruptcy

NYPost
by NYPost00
Shale-drilling giant Chesapeake Energy filed for bankruptcy to get out from under a mountain of debt as the coronavirus pandemic hammered the energy industry. The Oklahoma City-based company is the biggest American oil and gas company to seek bankruptcy protection amid the COVID-19 crisis, which has kneecapped demand for fuel......
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Reuters - Business

Despite pandemic, new U.S. solar capacity will grow 33% in 2020

Reuters
by Reuters018
FILE PHOTO: An array of solar panels is seen in the desert near Victorville, California, U.S. March 28, 2018. REUTERS/Lucy Nicholson (Reuters) – New U.S. solar installations will increase by a third this year, a report published on Thursday showed, as soaring demand by utilities for carbon-free power more than......
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Reuters - Business

Red tape thwarts South Africa’s green energy potential

Reuters
by Reuters017
JOHANNESBURG – World-leading renewables companies are lining up to invest in South Africa’s energy sector and help remedy a chronic generation shortfall that pushed the continent’s most advanced economy into recession even before the COVID-19 pandemic struck. Wind turbines produce renewable energy outside Caledon, South Africa, May 20, 2020. REUTERS/Mike......
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Reuters - Business

BlackRock focuses on China credit, oil and travel in Asia

Reuters
by Reuters026
The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid SINGAPORE (Reuters) – The world’s biggest asset manager, BlackRock Inc (BLK.N), called out oil stocks, domestic tourism and debt in China and India as investment opportunities in its Asia outlook on......
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Reuters - Business

Plunging cost of wind and solar marks turning point in energy transition: IRENA

Reuters
by Reuters013
FILE PHOTO: An aerial view shows power-generating windmill turbines in a wind farm in Graincourt-les-Havrincourt, France, April 27, 2020. Picture taken with a drone REUTERS/Pascal Rossignol LONDON (Reuters) – Plunging costs of renewables mark a turning point in a global transition to low-carbon energy, with new solar or wind farms......
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Reuters - Business

Trump admin slaps solar, wind operators with retroactive rent bills

Reuters
by Reuters072
(Reuters) – The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the fallout of the coronavirus outbreak, according to company officials. FILE PHOTO: A wind farm is shown......
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Reuters - Business

Coronavirus widens climate rift between European and U.S. oil majors

Reuters
by Reuters049
LONDON (Reuters) – Europe’s top oil and gas companies have diverted a larger share of their cash to green energy projects since the coronavirus outbreak in a bet the global health crisis will leave a long-term dent in fossil fuel demand, according to a Reuters review of company statements and......
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Reuters - Business

Green hydrogen’s time has come, say advocates eying post-pandemic world

Reuters
by Reuters053
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world. FILE PHOTO: The new Febus hydrogen bus is......
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