Some naysayers worry that bitcoin mining could eat up all the world’s power generation by 2020. Here are the reasons why they should relax.
Despite record demand for gas, New England must rely on burning oil to keep warm.
‘We don’t have bloated egos,’ says Nqwababa. ‘Otherwise it could never work.’
Exxon/Shell joint venture Aera Energy takes another step in the ongoing decarbonization of fossil fuel
Grant Pinkerton’s aim is to bring country barbecue from the city back to the country. And to someday no longer live right above the store.
The seventh installment of our annual list might be the best yet.
The idea of 100% renewable energy has become a religion whose central tenants and prophets must not be questioned.
It would be a mistake for the Trump Administration to protect feeble domestic solar manufacturers at the expense of a fast-growing chunk of America’s green energy future.
Though Puerto Rico canceled his controversial contract last weekend, Whitefish Energy CEO Andy Techmanski is still working to restore the island’s power — and his reputation.
A Chinese private placement in Aramco might just make more sense than an IPO.
“It’s a very satisfying feeling to be able to give,” says Roman Pinchuk, 26.
There’s 34 Texans on the Forbes 400 list this year.
“I love me some FEMA,” says Houston Mayor Sylvester Turner.
Flooding expands as Harvey continues to lash Houston. Widespread evacuation impossible.
We see plenty of big storms on the gulf. They just usually don’t stick around.
A decade ago the fear was Peak Oil supply. Now the energy giants fret Peak Demand. Smart companies will be ready for anything.
After three years looking for the intersection of God and capitalism at Harvard, Jim Hackett is back in the oilpatch with a $3.8 billion deal to form Alta Mesa Resources — ready to practice and preach.
The Zama field is thought to hold 2 billion barrels.
Oncor has 15,000 miles of transmission lines in northern Texas.
The Permian basin is surging despite low oil prices. Watch out OPEC.
Despite low oil prices, Texas growth continues.
By purchasing Rice Energy, the former Equitable Gas will vault over Exxon and Chesapeake to become a shale gas giant.
Poor Jeff Immelt. He was always measured against an impossible benchmark in Jack Welch. Now shareholders are hoping that the next CEO will be able to start harvesting some fruit from the dramatic restructuring Immelt carried out and lift the moribund s…
Qatar has long had a ‘welcome mat’ out for the Muslim Brotherhood and others.
‘Smart glasses will replace safety glasses,’ says ODG’s Chief Operating Officer Pete Jameson. ‘In hazardous conditions, workers have to have glasses on anyway — why not make them smart?’
Ministers like Khalid al-Falih are trying to play OPEC’s production cuts cool, but the market is in shock at the American oil supply.
As America’s solar industry is collapsing into a commodity business, Musk offers up a new luxury item. Good luck with that.
OPEC has little choice but to make room in the market for America’s scrappy frackers.
A court rules that federal energy regulators don’t get to ignore due process.
In a Venezuela default, Rosneft could end up controlling PDVSA’s U.S. subsidiary Citgo.
John Fredriksen is a frustrated hunter. The Norwegian billionaire and his oil tanker giant Frontline have spent the past year stalking rival DHT, but so far it has eluded him.
“What’s happened over the last 8 years is right out of Atlas Shrugged,” says Bud Brigham. Really?
If Trump and the GOP get it together to attack tax reform, shareholders could get to hold on to tens of billions of year in profits — and gain the opportunity to repatriate $2 trillion in offshored capital.
Transparency, liquidity, psychology — it’s all about expanding options for the Kingdom.
Last year U.S. coal exports fell 30%.
Green energy promotes a smarter power grid, says Brito. “Every time a country develops it helps all consumer products. More development translates into more beer sold.”
Amid the bankruptcy of its Westinghouse subsidiary, Toshiba is working on a natural gas combustion system that may solve the fossil fuel Holy Grail — it captures all of its carbon dioxide emissions, at no extra cost.
The Trump administration says it believes that climate change deserves attention, just not at the expense of jeopardizing America’s economic growth.
As Hamm talked Wednesday shares of Continental Resources fell 6% to their lowest level in six months. Oil settled at $50.28 per barrel, a 3-month low.
ExxonMobil is planning major chemical, refining, lubricant and LNG projects along the coasts of Texas and Louisiana that could create 35,000 construction jobs, and 12,000 full-time jobs.
The fracking revolution has “shattered the Peak Oil myth,” says Woods. “It’s turned on its head the idea that the U.S. was going to be short on its resources of oil and gas.”
Ousted from Cheniere Energy, he’s back with a new LNG pure play.
With Centennial Resource Development, Mark Papa aims to repeat the success of shale oil pioneer EOG Resources.
Dany Tirza, who orchestrated Israel’s barriers on the West Bank and Sinai Peninsula, has some pointers for the Trump administration when it comes to planning a wall on the U.S. border with Mexico,
Energy projects on Trump’s “Priority List” could add 9 gigawatts of clean power.
‘The commodity downturn has been a huge benefit for America’s drillers,” says Tony Sanchez. ‘The industry has learned to become efficient in ways we never thought were possible.’
As Exxon CEO Tillerson is said to have negotiated directly with Fort Worth billionaire Sid Bass. Will Rex keep delivering long after he’s gone?
Williams family will make about $1.35 billion on the sale. Clayton Williams was a 1990 contender for Texas governor.
At a giant coal-burning power plant in Texas, NRG Energy has completed a $1 billion project to capture carbon dioxide and use it to revive an old oilfield.
David Mitzner survived the Warsaw ghetto and 8 years in the Soviet gulag before coming to America in 1948 and making his fortune, first in fishnet stockings, then real estate. His final project — the new $350 million, 1,000-room Marriott Marquis — wi…