United states

United States

Chevron Is Said to Weigh Sale of Hong Kong Gas Stations Business

Chevron Corp. is considering a sale of all of its gas stations in Hong Kong amid interest from prospective investors, according to people familiar with the matt…

Oil Price

Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes

Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a …

United States

Copper Drops as Dollar Strengthens on Trump Lead in US Election

Copper fell along with most metals, weighed down by a rise in the dollar as Donald Trump took an early lead in the US election.The Associated Press called North…

Crude Oil

US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub

The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…

LNG

Glenfarne Selects Kiewit To Build Texas LNG Export Plant

U.S. energy company Glenfarne Group LLC said on Monday it had selected construction contractor Kiewit to build its proposed Texas LNG export terminal in Brownsv…

Power Construction

California Faces Risk of Power Cuts With Winds Boosting Fire Threat

California residents face power shutoffs this week as warm, dry winds sweep the state, threatening to tear down utility lines and spark wildfires.Edison Interna…

Nuclear Reactor

Nuclear-Hungry AI Campuses Need New Plan to Find Power Fast

Tech giants looking to quickly power massive artificial intelligence centers will need to come up with new strategies after US regulators quashed Amazon.com Inc…

Oil Price

Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn

ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the …

Oil & Gas Trade

Exxon, Chevron Top Q3 Profit Expectations As Us Oil Output Hits Record High

U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil …

United States

Carb And Nation’s Leading Airlines Partner To Increase Saf Availability

California has reached an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable avia…

Battery

Tesla Releases Powerwall 3 Expansion Units For More Capacity At Lower Price

Tesla has added a new product to its residential battery energy storage offering, making it possible for Powerwall 3 owners to expand their systems more afforda…

Electricity Trade

The Rust Belt Is Becoming Ground Zero for the EV Charging Boom

As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …

Crude Oil

Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover

Marathon Oil Corp. warned of a mass layoff involving more than 500 employees at its Houston headquarters as part of the $17 billion takeover by ConocoPhillips, …

Solar Panel

First Solar Lowers Annual Sales Forecast, Posts Rise in Q3 Profit

U.S. solar panel maker First Solar lowered its sales forecast for the current year on Tuesday, even after reporting a rise in third-quarter profit helped by hig…

United States

US Governors Push Back on PJM After Record-High Power Plant Prices

A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…