A natural gas power plant in eastern Michigan. Natural gas occupies a tenuous position in the green energy hierarchy. Though certainly not considered truly “green,” it is nevertheless portrayed by its supporters as the most environmentally friendly of the hydrocarbons. In Barack Obama’s …
16 April 2011 6:15 AM EDT
Chavez: Don’t worry about that sunken drilling rig! Maybe natural gas isn’t a “green” fossil fuel after all. Early this morning, a Venezuelan natural gas exploration rig the Aban Pearl sank in (wait for it) the Gulf of Mexico, according to Reuters. The …
13 May 2010 12:53 AM EDT
Energy Investors Funds has formed a joint venture with Saint Augustine, Fla., -based NTE Energy to build and operate hybrid power generation facilities in the U.S. The plants will use a combination of natural gas and renewable sources like solar or biomass. According …
5 April 2010 6:15 AM EDT
T. Boone Pickens, the oilman turned renewable energy apostle, has shelved plans to develop the world’s largest wind farm in North Texas to instead push for massive adoption of natural gas for transportation.
14 January 2010 6:15 AM EDT
Today Exxon Mobil announced this year’s largest energy deal with its acquisition of XTO Energy, a domestic developer of natural gas, in an all-stock deal valued at $31 billion. Wit the acquisition Exxon bolsters its natural gas reserves and it also confirms the …
14 December 2009 6:15 AM EDT
BP CEO Tony Hayward told attendees of the Oil & Money conference that’s being held this week in London that the goal of a carbon-free economy is not likely to happen anytime soon, if at all. Instead, in his speech Hayward soberly promoted a …
21 October 2009 6:15 AM EDT