The United States and many other countries have been imposing economic sanctions on Russia since the superpower annexed the Crimea in 2014. These sanctions prohibit companies which do business in the United States or other participating countries from doing business in Russia. The energy giant Exxon Mobil Corp. sought a waiver from this prohibition which… Keep reading →
Corporate
US Treasury Department Tells Exxon: The Answer is Still No
By Michael McDonaldSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Nigerian Military Force Attack Illegal Oil Pirates
By Michael McDonaldLast Thursday, representatives of the Nigerian military stated that the military had destroyed 13 illegal refineries in the oil hub located in the Niger Delta. Two soldiers were killed in the attacks upon what were described as “sea robbers”. A spokesman for the military, Major Abubakar Abdullahi, said soldiers had “discovered and destroyed 13 illegal… Keep reading →
Broken Contract Brings BP and Monroe Energy to Court
By Michael McDonaldBritish Petroleum one of the largest energy companies in the world has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016. According to the federal court filings by the oil company BP claims Monroe’s actions cost BP at least $59 million in damages. In a lawsuit filed in the U.S. District Court… Keep reading →
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Companies Push for Fair Energy Rates in Michigan, Minnesota
By Jennifer Kefer - Vice President of David Gardiner and Associates and Executive Director of the Alliance for Industrial EfficiencyWhen a factory is more energy efficient, owners spend less money on heat and power, boosting profits and making the manufacturer more competitive. Unfortunately, industry efforts to improve their energy efficiency face significant barriers in states with unfair rates for what’s known as stand-by power. Many factories and other large facilities can benefit from installing… Keep reading →
San Diego Gas & Electric to Build Five Storage Facilities
By Michael VinciSan Diego Gas and Electric has recently entered into contracts for five battery storage projects, which in total will provide 83.5 megawatts. California’s new energy storage mandate has helped inspire the motivation behind this new undertaking. The amount of energy provided by these projects is comparable to having over 5,000 all-electric long-range vehicles at your… Keep reading →
Powering the Future: A Look at the Engines and Fuel that Drives SpaceX Vehicles
By Michael McDonaldSpace Exploration Technologies Corporation better known as SpaceX was founded just 15 years ago by Elon Musk, the world famous entrepreneur and genius behind other notable ventures such as Tesla Motors, Solar City and others. The aerospace manufacturer and space transport company was started with modest goals such as reducing space transportation cost and enabling… Keep reading →
Texas as a Model for Clean Energy
By Michael VinciA recent op-ed published on CNBC provides an interesting commentary on the future of American clean energy. According to the authors, Americans, independent of political affiliation, support and value the environment and clean energy. Polling data provides evidence that both conservative and liberal respondents alike eagerly support government funded renewable technology, energy efficiency, and natural… Keep reading →
Bioeconomy: One Billion Tons of Biomass
By Tom Ewing - Freelance Writer for Renewable Energy WorldThe federal agencies that provide the muscle for energy policy are finalizing plans to harness the energy from one billion tons of biomass per year. The “Bioeconomy Vision” is an effort to move biomass out of the laboratory and into the market. The goal, within the next 15 years, is production and commercialization of biofuels,… Keep reading →
ESA Looks to Congress for Energy Storage Support
By Danielle IzzoSince President Trump’s election to office, his administration has made it very clear that building and restoring infrastructure is at the top of their “to-do” list. The Energy Storage Association and their supporters are looking to turn Trump’s priority into an opportunity for their agenda. To create this opportunity, the ESA, and other supporting organizations,… Keep reading →
New Subsidies in California for Energy Storage
By Michael VinciCalifornia is no stranger to subsidizing renewable energy – and now, there is a newer and bigger subsidy that has just been approved, this time attempting to invigorate the energy storage market. California’s Self-Generation Incentive Program (SGIP) has been a major success in the past years. The subsidy that was geared towards incentivizing the growth… Keep reading →
