The nimble startup company behind New York Energy Week is rapidly growing alongside the innovative event series it launched last year. New York Energy Week creators, Energy Solutions Forum, just completed a corporate rebranding, taking the new name EnerKnol (for energy knowledge) that better reflects their core mission and flagship offering. Breaking Energy recently interviewed… Keep reading →
Many investors were left scratching their heads after BG Group sacked chief executive Chris Finlayson earlier this week after a little over a year on the job. The company has faced headwinds in Brazil and crisis in Egypt, but Finlayson’s performance was not terrible, all things considered. BG has gone through 3 CEO’s and 4… Keep reading →
New legislation has been proposed to increase US military energy efficiency and reduce fossil fuel reliance. This shift, however, is driven more by troop safety and operational security than a desire to be “green.” “The bill, called the Department of Defense Energy Security Act of 2014, was announced yesterday by Senator Mark Udall (D-CO) and… Keep reading →
BP announced yesterday it will sell interests in four Alaska North Slope assets to Hilcorp, a comparatively small, independent, Texas-based operator. BP says the divestment will help focus on increasing output from the giant Prudhoe Bay field and an ambitious LNG export project. “There are some big benefits from this transaction,” said Janet Weiss, President… Keep reading →
Industry leaders gathered last week at the Global Marine Renewable Energy Conference in Seattle, mindful that wave and tidal are clean energy’s infants, on the cusp of toddlerhood, struggling to get up on their feet, while older siblings wind and solar sprint to new records. Nobody has lost faith that the vast energy of the… Keep reading →
Imagine a world where homes not only run on clean electricity but also generate, store, and sell it. A world where power companies get paid for conserving energy, not just producing it. Where, when supplies are tight, the power grid gives customers the option of being paid to reduce and even shift their energy use… Keep reading →
The changing global oil refining picture has seen several mid-range to large companies spin off their downstream operations in recent years, but the trend has yet to travel up the food chain to the world’s largest oil companies, despite pressure from investors to do so. Examples of companies that divested downstream assets include Hess and… Keep reading →
By Bryan Borzykowski Last June, Warren Buffett’s Berkshire Hathaway surprised a number of investors by sinking more than $500 million into Suncor Energy (NYSE: SU), one of Canada’s largest oil-and-gas companies. To Americans, it may have seemed like just another one of the Oracle’s undervalued plays, but it got a lot of long-suffering Canadian energy… Keep reading →
Last week The Pew Charitable Trusts released their “Who’s Winning the Clean Energy Race?: 2013 Edition“. This report examined the investments made globally in the renewable energy sector, as well as the breakdown of new renewable power generation capacity added. These are important and interesting trends to follow as the renewable energy sector continues to… Keep reading →
The Federal Gulf of Mexico is one of the fastest-growing offshore markets with yet-to-be-discovered potential of about 48 billion barrels of oil, according to various US data. The latest EIA data allocate 17% of US crude oil production in 2013 to the federal offshore Gulf of Mexico. Could the future of the US oil industry… Keep reading →
