ExxonMobil Doubles Down On Carbon Capture And Storage
In its Q1 2021 earnings presentation and conference call, ExxonMobil (Exxon) announced it was doubling down on carbon capture and storage (CCS) in an effort to reduce emissions. “We established a low-carbon solutions business...
Sustainable Waste
Waste Management is the largest integrated waste collection, transportation, and storage company in the United States. CEO Jim Fish sat down at WasteExpo to discuss ESG efforts in the waste industry, including the potential...
Ford To Spend US$11.4 billion On Electric Vehicle Mega Campus
Last Monday, Ford announced plans to build Blue Oval City, a 6-square-mile complex in west Tennessee that will underpin the company’s electric vehicle (EV) production. Additionally, Ford announced plans for three new BlueOvalSK battery...
Rivian To Invest US$5 Billion In Second Manufacturing Plant In Georgia
Up-and-coming, US-based electric vehicle (EV) maker, Rivian Automotive (Rivian), announced plans for a second manufacturing facility east of Atlanta. The company said the plant will employ more than 7500 workers and will have a...
MOL Group Launches Green Hydrogen Production Project
MOL Group, an international integrated oil, gas, petrochemicals, and consumer retail company, has teamed up with Plug Power Inc., a provider of turnkey hydrogen solutions for the global green hydrogen economy, to build one...
California Moves To Finalize US$53.9 Billion Climate Commitment
Amid US$5.70 per gallon (US$21.58 per liter) average California gasoline prices and higher utility costs, Californians are feeling the impact of supply/demand imbalances in the fossil fuel-based economy. California Governor Gavin Newsom released a...
Chevron Grows Its CNG And RNG Network, Targets Gulf Coast Hydrogen Investment
In September 2021, Chevron and Mercuria Energy Trading (Mercuria) formed a joint venture (JV) called Beyond6 with the goal to develop a compressed natural gas (CNG) network supplied with renewable natural gas (RNG). The...
Rivian EV Production Set To Double In 2023
Electric vehicle (EV) maker, Rivian Automotive (Rivian), reported its Q4 2022 and full-year 2022 earnings on February 28, 2023. The company has produced more than 25,000 vehicles since production began in late 2021. For...
Woodside To Sell 10% Scarborough Interest To LNG Japan For US$500 Million
Woodside Energy Group (Woodside) has entered into a sale and purchase agreement with LJ Scarborough Pty Ltd (LNG Japan) for the sale of a 10% non-operating participating interest in the Scarborough Joint Venture. The...
The Rise Of Light-Duty Electric Vehicles
This article was written by Michael Dwyer.
Combined sales of hybrid vehicles, plug-in hybrid electric vehicles (PHEV), and battery electric vehicles (BEV) in the United States rose to 16.3% of total new light-duty vehicle (LDV)...
