Friday, November 22, 2024

Nichola Groom News

Chris Wright, CEO of the oil industry, is appointed Energy Secretary by Trump

Donald Trump, the President-elect, announced on Saturday that Chris Wright, an oil and gas executive who is a staunch supporter of fossil fuels, will be his choice to lead the Department of Energy. Wright is the founder of Liberty Energy in Denver, a firm that provides oilfield services.

Sources say that GE Vernova's investigation found that the offshore wind turbine plant at Quebec was not operating to standards.

Sources familiar with the situation said that GE Vernova’s offshore wind turbine production plant in Quebec has terminated or suspended several employees after a company probe found they had taken shortcuts when it came to quality control. GE Vernova began the investigation at its factory in Gaspe in Quebec…

California will vote on stricter regulations for low-carbon fuels policy

California regulators are voting on Friday whether to tighten up a policy that aims to boost low-carbon fuels in order to reduce greenhouse gas emissions and achieve the state's ambitious goals for climate change. California's Low Carbon Fuel Standard, which has been around since 2011…

US offers tax incentives to solar manufacturers that use semiconductors

The Biden Administration announced on Tuesday that it would extend an incentive to manufacturers of thin silicon wafers used in solar panels, which are mostly produced in China. This is part of the administration's climate change and job agenda to create a domestic supply chain for solar energy.

Cambodian solar firms not cooperating in US tariff probe

Documents filed with the Department of Commerce indicate that two Cambodian solar companies have decided to stop cooperating with an investigation by the U.S. Commerce Department into accusations they were flooding the market with panels at prices below their cost of manufacture.

US approves major geothermal projects on public land and seeks to support others

The Biden Administration announced on Thursday measures to expand geothermal power on U.S. Public Lands, including the approval of a large project located in Utah and steps to accelerate permits for discovering new resources. These moves align with the goal of…

US unveils first of two decisions regarding solar tariffs

The U.S. Trade officials may this week impose new tariffs against solar panels imported from four Southeast Asian countries. American manufacturers claim that these nations provide unfair subsidies, which make U.S. goods uncompetitive. The Commerce Department is…

Maxeon will try to stop SunPower's asset sale

Maxeon, a solar panel manufacturer, said it would object to the sale of SunPower assets by a bankruptcy court because it claims to own the rights to use SunPower's brand outside the United States. SunPower, the pioneer of residential solar energy, filed for Chapter 11 bankruptcy this month.

Biden administration finalizes the solar lands plan and touts progress

The administration of U.S. president Joe Biden announced on Thursday that it had finalized plans to expand solar power on federal lands across 11 western states. This is part of an overall push to accelerate the permitting and construction process for large infrastructure projects.

US opponents of offshore wind projects form national group in order to combat the project

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According to two organizations and the founder of this effort, U.S. opponents to offshore wind developments are creating a coalition to fight projects in California as well as New England.According to Mandy Davis, the president of NOOA, it aims to give a national…

Cheniere Asks Biden Admin to Drop Pollution Rule

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Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe…

US Unveils $1.15 Billion for Abandoned Oil and Gas Well Clean-up

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The Biden administration on Monday said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions and improve health and safety in nearby communities.The money represents…

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

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The U.S. Interior Department on Friday sought to erase the Trump administration's pro-fossil fuels legacy from the nation's public lands by revoking a suite of policies that boosted drilling and mining and ordering that climate change be put at the forefront in…

US House Bill Seeks $8 Bln for Abandoned Oil and Gas Well Cleanup

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A U.S House of Representatives Democrat introduced a bill on Thursday authorizing $8 billion to plug and clean up abandoned oil wells nationwide, a measure aimed at creating jobs for oil and gas workers and reducing climate-warming emissions.More than a century…

Biden Administration Suspends Federal Oil and Gas Permitting

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The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo.The move appears to be a first step…

Trump Administration Rushing to Sell Arctic Oil Leases

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The Trump administration on Monday issued a request to energy companies to identify what specific land areas in the Arctic National Wildlife Refuge should be offered for sale, according to a government document.The Department of Interior said the nominations and…

US Proposal Would Allow Oil and Gas Drillers to Delay Royalty Payments

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The U.S.

NOIA: U.S. Offshore Drilling Ban Would Crush Jobs, Govt Revenues

Offshore drilling rigs - Image by wildnerdpix / AdobeStock

A U.S. ban on new offshore drilling in the Gulf of Mexico, which presidential hopeful Joe Biden promised to enact if elected, would lead to hundreds of thousands of job losses and billions in lost government revenue over 20 years, an offshore drilling industry…

US Grants Royalty Relief to Hard-hit Drillers

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The Trump administration has granted royalty relief to several drilling companies producing oil and gas on federal lands in recent weeks, according to a government database, as the industry seeks help weathering low energy prices.The move shows drillers are taking…

U.S. Clean Energy Sector Seeks Subsidies to Keep Projects Moving

© Federico Rostagno

Wind and solar energy companies on Thursday called on Congress to pass tax incentives that would help the sector avoid project delays and keep financing flowing amid a pandemic that has choked off supply chains and slowed construction.In a letter to House and Senate leadership…