The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
Elon Musk’s decision last week to invite other car manufacturers to use Tesla Motors’ technology was bold. But the Tesla CEO, putting on his SolarCity chairman’s hat and working with company leadership partners Lyndon and Peter Rive, might have surpassed that move on Tuesday. The trio announced that SolarCity – heretofore a solar power financier/installer… Keep reading →
The giant Groningen natural gas field in the Netherlands’ northeastern countryside supplies much of Europe’s natural gas, but earthquakes in the region have been occurring more frequently as the field ages. The Dutch government ordered Shell and ExxonMobil to cut back production to 80% of the volume produced in 2013 – which amounts to an… Keep reading →
This piece does a good job laying out the pros and cons of the most common crude oil transportation methods – rail, pipeline, truck and boat. “So it depends upon what your definition is for worse. Is it death and destruction? Is it amount of oil released? Is it land area or water volume contaminated? Is… Keep reading →
Google is having a big week on the renewable energy front and, in related news, lease financing for new solar installations is rolling along. The Internet giant with tentacles into so many things green and innovative followed its Earth Day announcement of a massive wind energy buy in Iowa with word on Wednesday that it… Keep reading →
Another indicator of solar going mainstream SolarCity is offering another $70.2 million in asset-backed notes. Late last year, SolarCity executed on a solar financing milestone and offered a private placement of $54.4 million of an “aggregate principal amount of Solar Asset Backed Notes, Series 2013-1.” That was one of the first times securitization was employed… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →
ExxonMobil’s Ken Cohen highlights the tax payments made by some of the largest US-based oil companies, three of which – Exxon, Chevron and ConocoPhillips – appear in a list of the Top 10 corporate tax payers in 2012 compiled by 24/7 Wall Street. “In fact, ExxonMobil and Chevron are ranked #1 and #3 respectively, with… Keep reading →
Renewable energy businesses – primarily wind and solar power – in the US are moving from adolescence to maturity. The US solar industry experienced a transformative 2013, with the proliferation of physical assets, installed capacity and new finance mechanisms, while the wind industry raced to begin projects by end-2013 in order to receive production tax… Keep reading →
The year 2013 marked a new era for sustainable energy and cleantech. Innovative sustainable technologies have started to mature and are getting closer to mainstream acceptance. Growing pains are over for many of these technologies and they can now simultaneously reduce cost and the energy intensity of products and production processes, while also improving the… Keep reading →
