Italian oil and gas company Eni has secured a $6.1 billion financing through its Sustainability-linked Financing Framework targets, updated in May 2022. The five-year sustainability revolving credit line is linked to two of the targets. […]
(WO) — Baker Hughes agreed to sell its Oilfield Services business in Russia to its local management team, and the business will operate independently going forward, the company announced. The agreement follows the company’s previously […]
The climate and tax spending deal announced last week by Senate Majority Leader Chuck Schumer and Senator Joe Manchin could cost billions in new taxes. The legislation, which may get a Senate vote as soon as this […]
An increase in electricity generation from small-scale, customer-sited photovoltaic (PV) solar in New England is changing the hourly pattern of metered electricity demand during the spring (March-May), which you can see in our Hourly Electric […]
Working natural gas inventories at storage facilities operated by the two largest natural gas distributors in California-Pacific Gas & Electric (PG&E) in the north and Southern California Gas Company (SoCalGas) in the south-totaled 100.6 billion […]
The cuts would reduce a workforce of some 27,000 people, based on figures on the company’s website. It was not immediately clear which divisions or regions would be affected. MADRID/FRANKFURT: Wind turbine makerSiemens Gamesais considering […]
IndianOil’s tender for a spot liquefied natural gas (LNG) cargo received no bids recently, according to people familiar with the matter. Even LNG contracted under long-term deals is no longer secure as Russia’s Gazprom has […]
The Inflation Reduction Act of 2022 would restore tax credits for solar and wind projects to their full rates and ensure they stay in effect at those levels for at least another decade, removing the […]
Democrat’s plan to reinstate a 27-year-old fee on oil imports represents a violation of a pledge by President Joe Biden not to raise taxes on anyone making less than $400,000 per year, according to the […]
Oil burners revived, coal conversion delayed in energy crisis City utility also saves energy by lowering pool temperatures Munich plans to burn more oil and coal instead of natural gas as part of Germany’s efforts […]
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