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Energy

Big Texas energy companies may become more powerful after historic winter storm

by Dominic Walsh
Mar 29, 2021
Consolidation in the Texas energy sector could make a few companies "too big to fail," some say.
Several inches of snow blanketed most of Texas on Feb. 15. In the Denver Heights neighborhood of San Antonio, residents woke up to rolling blackouts that eventually turned into a multiday outage.
Dominic Walsh
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Shelf Life

The natural gas well that changed everything

by Daniel Yergin
Sep 15, 2020
In this excerpt, Daniel Yergin writes about a man’s determination to extract gas from underground rock denser than concrete.
Natural gas is flared off at a plant outside of Cuero, Texas.
Spencer Platt/Getty Images
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What might PG&E — and its customers — get from partnering with Tesla?

by Andy Uhler
Jul 30, 2020
They've broken ground on a battery facility that could help the utility meet state energy storage requirements.
The more efficient storage facility should make it cheaper for PG&E to produce energy, which should, eventually, trickle down to ratepayers.
Kevork Djansezian/Getty Images
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COVID-19

Oil-rich countries have been hit hard by the pandemic. How can they move on?

by Sabri Ben-Achour , Erika Soderstrom and Alex Schroeder
Jul 22, 2020
Oil prices are still far below the break-even point for many producers in the Middle East.
Transitioning away from oil, for countries that depend on the industry, is easier said than done.
Joe Raedle/Newsmakers
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Russian tanker crosses Arctic in early season voyage as ice grows thinner

by Scott Tong
Jun 8, 2020
The route, which saves more than 10 days of travel, is a test case for a Russian energy company that wants to ship gas to China through the summer.
The ice-breaking Christophe de Margerie, carrying natural gas to China, was able to start its Arctic voyage earlier in the year because of thinning ice.
Total
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The U.S. consumed more renewable energy than coal in 2019

by Nova Safo
May 29, 2020
It's the first time that's happened since 1885.
Gabriel Bouys/AFP via Getty Images
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New energy secretary is likely to continue in predecessor's path

by Nova Safo
Dec 11, 2019
Dan Brouillette served under the previous secretary in a deputy role
U.S. Deputy Energy Secretary Dan Brouillette speaks during a press conference with the German Economy Minister on February 12, 2019 at the Economy Ministry in Berlin.
Odd Andersen/AFP via Getty Images
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What investors need to see in Saudi Aramco's IPO prospectus

by Justin Ho
Oct 18, 2019
The state-run oil giant is notoriously opaque. But as it moves forward with going public, prospective investors have been demanding details about how the company is run.
Amin Nasser, CEO of Saudi state oil company Aramco, speaks at the 24th World Energy Congress in Abu Dhabi in September.
Karim Sahib/AFP/Getty Images
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IEA releases new oil market numbers amid demand concerns

by Scott Tong
Oct 11, 2019
Demand for oil is growing, but barely; it's at the lowest rate in a decade.
KAREN BLEIER/AFP/Getty Images
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From fracking to "Fortnite": Company pivots from oil to esports

by Andy Uhler
Sep 19, 2019
For one investment firm, competitive video gaming suddenly looked better than the volatile energy industry.
Gamers play "Fortnite" against Twitch streamer and professional gamer Tyler "Ninja" Blevins during Ninja Vegas '18 at Esports Arena Las Vegas in April 2018.
Ethan Miller/Getty Images
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