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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

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Carbon emissions from generating electricity for electric vehicles vary greatly across the individual US states

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by Michael Sivak, Sivak Applied Research The overall advantage of battery electric over gasoline vehicles, in terms of well-to-wheels emissions of greenhouse gases, has been well documented. However, the emissions of electric vehicles depend greatly on the energy source used to generate the electricity that powers them.

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CRAFTSMAN’s 20-inch corded electric mower ditches gas and oil at $201 in New Green Deals

Electrek

While mowing season might be winding down, it’s never a bad time to get rid of your gas-powered mower in favor of an electric alternative. Not only will it ditch gas and oil from your routine, but also electric mowers are quieter, smaller, and easier to store.

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IEA: Petrochemicals set to be the largest driver of world oil demand

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Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.

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Mow Joe’s 16-inch electric mower ditches gas + oil for just $88, more in New Green Deals

Electrek

Sure, mowing season might be winding down, but it’s never a bad time to prepare for next year. Right now, you can pick up the Mow Joe 16-inch electric mower for just $88. It’s perfect for smaller yards and allows you to finally kick gas and oil to the curb.

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BP selects Tesla batteries for pilot storage project at US wind farm

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BP Wind Energy, through its wholly-owned subsidiary Rolling Thunder I Power Partners LLC, has signed a purchase agreement to install a high-storage battery at its Titan 1 Wind Farm in South Dakota. Situated on 7,500 acres in Hand County, Titan 1 Wind Farm is wholly owned and operated by BP Wind Energy.

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