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America
United States
2024-11-07
Washington State Votes to Keep Carbon Tax That Was Up for Repeal
Washington voters resoundingly rejected a ballot initiative seeking to repeal the state’s cap-and-trade program.The result is a landmark win for local climate advocates, most notably outgoing Governor Jay Inslee, who helped establish the climate
Oil & Gas Trade
2024-11-07
Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry
The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, saying his administration will bring a breath of fresh air for the oil and gas industry.We’re not arguing that we don&am
United States
2024-11-07
Clean Energy Shares Tumble as Panic Takes Hold on Trump Win
Shares in clean energy companies plunged after a US election victory for Donald Trump, who has long criticized climate policies as the green new scam and has said he plans an array of tariffs that impact the industry.The WilderHill Clean Energy Index drop
Power Construction
2024-11-06
PG&E Cuts Power to California Customers As Wildfire Risk Builds
PG&E Corp. shut off power to nearly 25,000 homes and businesses in Northern California as gusty Diablo winds and plummeting humidity levels raise the risk of wildfires.California’s largest utility cut service to parts of 16 counties, from th
United States
2024-11-06
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 matter.The American oil and gas company, which operates more than 40 Caltex-branded service station
Oil Price
2024-11-06
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 gain in US stockpiles.Global benchmark Brent crude sank toward $74 a barrel, while West Tex
United States
2024-11-06
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 Carolina for Trump, and he leads in Georgia and holds a more tentative edge across Wisconsin,
Crude Oil
2024-11-05
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 export hub on the Gulf Coast, pricing data showed.Record crude production at the top U.S. oilf
LNG
2024-11-05
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 Brownsville, Texas.The proposed terminal has the capacity to turn about 0.5 billion cubic feet per day
Photovoltaic (PV)
2024-11-05
Chinese Company Bullish On Cuban Solar Drive, Executive Says
Hangzhou Duojia Technology, which distributes solar technology to Cuba, called a Cuban plan to dramatically boost solar generation a win for both countries, touting China's manufacturing heft and the island's sunny climate.Cuba is desperat
Power Construction
2024-11-05
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 International’s southern California utility has already cut power to a handful of customers
Decarbonization
2024-11-05
Oil, Gas Companies Told To Cut Emissions By One-third Under Planned Cap
Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Environment Minister Steven Guilbeault.The regulations, still only in draft format
Nuclear Reactor
2024-11-05
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.’s effort to tap a Pennsylvania nuclear facility.The Federal Energy Regulatory Commi
Oil Price
2024-11-04
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 preceding quarter, Q2 2024, the oil and gas major’s earnings amounted to $9.24bn.Earn
Oil & Gas Trade
2024-11-04
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 production cushioned the blow from a plunge in fuel margins.The two focused on expanding oil an
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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms
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Kenya Opens Solar-Plus-Storage Tender
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Oil giant Shell to buy Canada’s ARC Resources for $16.4 billion in push to boost output
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Italy Extends Construction Deadline for Agrivoltaic Tender
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Norway’s First Floating Wind Tender Attracts Two Bids
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Reduce Carbon Emissions! South Korea to Convert 1.18 Million Tons of Livestock Manure into Solid Fuel for Power Generation by 2030