Cost bumps in U.S. offshore wind power construction are causing new impacts to projects and developers, but recent actions by some traditional energy sector firms indicate continuing commitment to a transition to renewables.
One year after Ukraine invasion upended energy supply and costs, more natural gas projects are in motion in the US and globally, but concern grows over greenhouse gas impacts as industry seeks design, construction and operations solutions.
Building for the worldwide energy transition and its applications will require recruiting, training and retraining millions of workers—a challenge as competition grows for industry talent and added funding brings new mandates
Energy giant's action, which it says will elevate its role in carbon capture and production of lower-emission fuels, follows pressure from activist investors.
"Unprecedented” project shift is urged as UN report amplifies climate change impact warning and energy sector CO2 emissions are projected to increase 7% in 2021.