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Energy

As oil companies divest from Russian oil and gas, what happens to their assets?

by Andy Uhler
Mar 1, 2022
The decision by big oil companies like BP and Royal Dutch Shell to walk away from Russian energy puts the industry into uncharted territory.
Royal Dutch Shell, BP and other energy companies are shunning Russian oil and gas in what experts are calling an unprecedented stance.
Spencer Platt/Getty Images
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Why it's tough to wean the West off Russian oil and gas

by Andy Uhler
Feb 24, 2022
For 15 years the EU has been talking about decreasing its dependence on Russia's gas and oil, but it didn't do it intime.
Russia is the main supplier of natural gas and oil to the European Union. Above, oil tank cars on rail tracks near the Siberian town of Tobolsk.
Andrei Borodulin/AFP Getty Images
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What does hitting pause on the Nord Stream 2 pipeline mean for Europe's energy supply?

by Justin Ho
Feb 23, 2022
Europe is trying to pivot away from coal and crude oil, and has limited capacity for liquified natural gas.
Workers building a section of the wall of the Nord Stream 2.
Carsten Koall/Getty Images
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What would it take to reach net-zero global emissions by 2050?

by David Brancaccio and Rose Conlon
Feb 10, 2022
A new report from McKinsey says that achieving net zero by the middle of the century will require over $9 trillion in annual spending between now and then.
A new report from McKinsey says the transition to net zero by mid-century would require over $9 trillion in annual spending.
Ralph Orlowski/Getty Images
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Nord Stream 2 gas pipeline complicates Russia-Ukraine tensions

by David Brancaccio , Meredith Garretson and Rose Conlon
Jan 21, 2022
As Russian troops accumulate at the Ukrainian border, some fear the country could withhold natural gas to Europe in the event of military conflict.
The Nord Stream 2 pipeline was recently constructed along the Baltic Sea to carry natural gas from Russia to Europe, circumventing Ukraine.
John MacDougall/AFP/Getty Images
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Doing the numbers on affordable, carbon-neutral housing

by Matt Hoisch
Jan 10, 2022
A Colorado community is building affordable housing that uses solar power to offset its carbon emissions, thanks to its location.
The new Sunnyside affordable housing project. Its name refers to the abundant sunlight the south-facing hillside gets and to its rooftop solar panels, which generate clean energy.
Matt Hoisch
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Coal prices are high as stockpiles hit new lows

by Andy Uhler
Nov 30, 2021
Coal producers are reluctant to ramp up production because it takes a lot of money. And who knows how long demand will last?
A labor shortage is, in part, limiting a ramp up in coal production.
George Frey/AFP via Getty Images
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Friendly breakup: After 129 years, GE plans future as 3 smaller companies

by Amanda Peacher
Nov 9, 2021
Separate operations focused on aviation, health care and energy will be more agile — and independent of one another's weaknesses.
General Electric said it will end its days as a conglomerate, separating into companies focused on aviation, health care and energy.
Sebastien Salom-Gomis/AFP via Getty Images
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Debate over solar-equipment tariffs heats up

by Andy Uhler
Nov 5, 2021
Some say keeping Trump-era levies on foreign-made panels and cells will help the U.S. meet Biden's domestic goals for renewable energy.
Solar-panel production in the U.S. has tripled since Trump-era tariffs were imposed, but imports still make up 85% of sales.
Andrew Caballero-Reynolds/AFP via Getty Images
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A Warmer World

U.S., other countries cut funding for international fossil fuel projects

by Samantha Fields
Nov 4, 2021
Instead, they'll put about $18 billion a year into renewable energy projects.
On Thursday, more than 20 countries pledged to redirect investments from fossil fuels to clean energy. Above, signage inside the COP26 United Nations climate summit in Glasgow, Scotland.
Paul Ellis/AFP via Getty Images
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