Jericho Energy Ventures Inc.’s portfolio company, Supercritical Solutions Ltd., has achieved a significant milestone in the sustainable energy industry with the completion of its innovative green hydrogen demonstrator at its Teesside facility in northeast England. U.K. Minister for Energy Efficiency and Green Finance, Lord Callanan, visited the advanced testing unit at Supercritical’s facility, commenting: “Innovation… Continue reading JEV PORTFOLIO COMPANY UPDATE: UK’S GREEN ENERGY AND WHISKEY INNOVATION HUB ESTABLISHED AT SUPERCRITICAL’S NEW FACILITY

Brazil has decided to join the influential OPEC+ oil coalition, a significant move announced by Brazilian Energy Minister Alexandre Silveira during a delayed OPEC+ meeting focused on discussing the oil output strategy for 2024. This decision comes at a time when oil prices face challenges due to factors such as a fragile demand recovery in… Continue reading Brazil set to join the influential OPEC+ oil producers’ alliance

TISDALE CLEAN ENERGY CORP. (the “Company” or “Tisdale”) (CSE:TCEC), (OTC:TCEFF), (FSE:T1KC), is pleased to announce that it will offer, by way of non-brokered private placement (the “Offering”), up to 6,666,667 units (each, a “Unit”) at a price of $0.18 per Unit for gross proceeds of up to $1,200,000.  Each “Unit” will consist of one common… Continue reading Tisdale Clean Energy Announces Private Placement

Elliott Investment Management has disclosed a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to address its lagging performance. In a letter to Phillips 66’s board, Elliott expressed confidence that the stock, currently trading around $118 per share, could reach $200 with improvements.… Continue reading Elliott takes $1 bln stake in US oil refiner Phillips 66, urges board revamp

The article discusses the challenges faced by the Organization of Petroleum Exporting Countries and its allies (OPEC+) during their recent virtual meeting to determine future production policies. The meeting, initially scheduled as in-person sessions in Vienna, was downgraded to virtual conferences, coinciding with the start of the United Nations Climate Change Conference (COP28) hosted by… Continue reading OPEC+ oil producers head into meeting with quota unease and geopolitical risks casting a shadow

The Organization of Petroleum Exporting Countries (OPEC) has defended the oil and gas industry against accusations of insufficient efforts to reduce carbon emissions ahead of the United Nations Climate Change Conference (COP28). OPEC Secretary General Haitham Al Ghais criticized the International Energy Agency (IEA) for downplaying the importance of energy security, access, and affordability, accusing… Continue reading OPEC says oil industry unjustly vilified ahead of COP28 climate talks

American Airlines has entered into a partnership with Graphyte, a startup that employs a process called carbon casting to store bricks of plant material underground. This process involves converting byproducts from agriculture and timber industries, such as wood bark, rice hulls, and plant stalks, into carbon-dense bricks. These bricks are then sealed with a polymer… Continue reading American Airlines works with startup to reduce carbon dioxide by storing bricks of plant material underground

World Energy GH2 Inc., an affiliate of Boston-based World Energy LLC, is embarking on a project to build three wind farms and a hydrogen processing plant in Stephenville, Newfoundland and Labrador. The company has secured land for the project, which aims to produce green hydrogen converted into ammonia. This hydrogen/ammonia production, slated to begin by… Continue reading Hydrogen: A big piece of the clean-energy puzzle

The role of nuclear power in achieving a more sustainable future is expected to be a focal point at the COP28 summit in Dubai. There are reports indicating a push for a significant increase in nuclear capacity from the present to 2050. The “Atoms4NetZero” ministerial event on December 5, co-hosted by the International Atomic Energy… Continue reading Nuclear’s uncertain role in the shift away from fossil fuels is seen as critical and very contentious

The United Arab Emirates (UAE) allegedly planned to leverage its role as the host of the COP28 climate conference to lobby for oil and gas deals, as revealed by leaked internal documents obtained by the Centre for Climate Reporting (CCR) and reported by the BBC. Sultan Al-Jaber, serving as both COP28 president designate and chief… Continue reading UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals

IEA Executive Director Fatih Birol has urged the oil and gas industry to move beyond the “illusion” that carbon capture technology is the panacea for climate change and redirect its focus towards clean energy. Birol emphasized that just 1% of global clean energy investment has come from oil and gas companies, highlighting the need for… Continue reading Oil and gas industry needs to let go of carbon capture as solution to climate change, IEA says

From Pennsylvania to the north of England, coal mines, once instrumental in powering the Industrial Revolution, are now at the center of a complex global debate. Critics highlight coal’s detrimental impact on the environment, leading to calls for its phase-out. However, amidst this, discussions about coal’s potential role in a more sustainable future have emerged,… Continue reading Rare earth discoveries mean coal mines could have a key role to play in the energy transition