Oil majors must cut production by one-third to meet Paris targets

Oil majors must cut production by one-third to meet Paris targets

The report also warns that other fossil fuel producers – especially those with undiversified portfolios – may need to make much deeper cuts to remain in line with the Paris Agreement.“If companies and governments attempt to develop all their oil and gas reserves, either the world will miss its climate targets or assets will become “stranded” in the energy transition, or both,” said Mike Coffin, Oil & Gas Analyst at Carbon Tracker and report author.

Amazon Cozies Up to Oil & Gas, While Lagging Peers on Renewables

Amazon Cozies Up to Oil & Gas, While Lagging Peers on Renewables

A new story from Gizmodo details Amazon’s budding romance with the fossil fuel industry, while also lagging behind its peers in buying clean energy for its operations. Other tech companies are using their analytics for helping extract more fossil fuels — but is the extent of Amazon’s pursuit unique?

Romania could challenge Russian grip on Europe's energy

Romania could challenge Russian grip on Europe's energy

"Romania's position as a potentially significant gas producer in this region is unique and the resources here may pose a threat to what has been mostly a Russian monopoly," said Mark Beacom, CEO of Black Sea Oil & Gas, a company owned jointly by the Carlyle Group and the European Bank for Reconstruction and Development.

Watt It Takes: How Sunnova’s John Berger Convinced Oil & Gas Investors to Believe in Solar

Watt It Takes: How Sunnova’s John Berger Convinced Oil & Gas Investors to Believe in Solar

We feature a conversation with John Berger, the CEO of the residential solar-and-storage firm Sunnova, about his mission to convince traditional energy investors to put their money into solar.