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2020: Fossil fuels are dead, long live the sun

GreenBiz

For years, seven of the top 10 companies on the Dow Jones Index were oil companies until 2016 when most fell out of the top 10, leaving only Exxon. The Institute for Energy Economics and Financial Analysis reported that "the world’s largest publicly traded oil and gas companies shelled out a total of $71.2 Natural Gas.

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ExxonMobil’s Exit from Suriname Raises Pressure on Guyana Amid Natural Gas Concerns

DeSmogBlog

The problem for multinational oil companies seeking to extract that oil is whats mixed in with it: trillions of cubic feet of methane, often referred to as natural gas. Handling natural gas off the coast of Suriname and Guyana poses major challenges and involves significant environmental risk, however. In May, the U.S.

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Why The Natural Gas Price Collapse May Not Last

R-Squared Energy

Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first place I stop. This report provides an update on the levels of natural gas in storage facilities across the United States.

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Just 36 Companies Drove Half the World’s Climate-Altering Emissions in 2023: New Report

DeSmogBlog

That methodology means that, for example, natural gas pipeline companies and natural gas utilities arent included in the reports rankings. Nonetheless, natural gas producers figure among the reports list of all-time top polluters. In 2023, coal remained the largest source of emissions, contributing 41.1

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Orsted Sells LNG Unit, But Says Its Natural Gas Business Isn’t Going Anywhere

GreenTechMedia

Danish energy company Ørsted has sold off its LNG unit but will hang on to its gas trading business. The firm, previously known as Danish Oil and Natural Gas, sold its upstream fossil fuels business to Ineos in 2017 and is phasing coal out of its generation mix by 2023.

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Natural Gas Fuels Clean Power Generation

Energy Central

The increased use of natural gas in power generation has grown significantly, while at the same time, carbon intensity has fallen, new data from the U.S. Energy Information Administration (EIA) shows: “From 2016 to 2020, the carbon intensity of U.S. power generation fell 18 percent, driven by a shift in the U.S.

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Pennsylvania Communities Grow Wary of Worsening Air Pollution as Petrochemical Industry Arrives

DeSmogBlog

Read time: 9 mins While the Ohio River Valley, long home to the coal and steel industries, is no stranger to air pollution, the region’s natural gas boom and burgeoning petrochemical industry threaten to erase the gains of recent decades.

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