Energy & Fuel

"Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars."

"At least two oil and gas firms that boosted investors' portfolios by buying back stock in 2019 received $15.5 million this year from a program designed to rescue small businesses gutted by the coronavirus pandemic."

"Bleak crude prices and fuel demand forecasts won’t blunt oil company bidding for Arctic drilling rights, Interior Secretary David Bernhardt said Monday"

"A federal judge is standing by his order barring a streamlined permitting process for oil and gas pipelines."

"Five years ago, members of the Rockefeller family walked away from the fossil fuels that made them rich, alarmed that burning oil and gas was causing climate change. Now it also seems like a smart financial move. The $1.1 billion Rockefeller Brothers Fund — largely free of oil and gas — has outpaced financial benchmarks, defying predictions of money managers."

"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."

"In some ways, the dire lockdowns undertaken to stop Covid-19 have fast-forwarded us into an unlikely future—one with almost impossibly bold climate action taken all at once, no matter the cost."

"The Trump administration on Thursday agreed to change rules governing key renewable energy tax credits, a win for wind farm owners seeking more time to claim the subsidies because new projects have been stalled by the global coronavirus pandemic."

"In March, Kentucky, South Dakota and West Virginia passed laws restricting pipeline protests. Alabama is poised to become the fourth."

"North Dakota's Coal Creek Station, a workhorse of the Upper Midwest power fleet, will burn its final ton of lignite in a couple of years following a decision announced yesterday that underscores the industry's struggle to survive."