Hump Day Hydrogen

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Global investments in low-carbon hydrogen supply are ramping up, with the bulk of new projects focusing on renewable hydrogen production. That’s according to a recent analysis from consultancy Wood Mackenzie, which found that 95% of the projects announced in the first quarter of this year fell in that category. Renewable hydrogen, also known as green hydrogen, is produced through electrolysis … read more

$3B Battery Boost. $4B Arctic LNG Hit. $834B Free Cash Flow.

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Today’s Key Takeaways:  Public E & P companies on track to shatter record profits in 2022 due to high oil & gas prices and surging demand. Total Energies books $4B impairment because of Arctic LNG II project. Biden team will spend $3B to support domestic manufacturing of advanced batteries. Any new energy deal should make the National Environmental Policy Act … read more

Shared playbook for “certified natural gas”. Buffet Bets on Chevron.

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Today’s Key Takeaways:  Berkshire Hathaway invests big in Chevron and Occidental Petroleum while Goldman Sachs prefers Exxon. Certifying low-emissions natural gas? Mining by the numbers. Build Back Better Redux. NEWS OF THE DAY: The EU Is Ramping Up Efforts To Ban Russian OilIrina Slav, OilPrice.Com, May 2, 2022 The European Union may agree to a ban on Russian oil imports … read more