Mexican President Andres Manuel Lopez Obrador said on Wednesday he would send an initiative to Congress to reform the constitution if a new law to increase state influence over the electricity market is deemed unconstitutional. […]
Late last year, the Trudeau government unveiled its new climate plan, which calls for the federal carbon tax to reach $170 per tonne by 2030, with revenues rebated to households or spent by Ottawa. This […]
Energy News Beat Publishers Note: There are some real nuggets in the full International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA) STEO released this morning. The bottom line: Global economic growth in […]
Singapore — 0216 GMT: Crude oil futures were rangebound during the mid-morning trade in Asia March 17, as a surprise draw in US crude inventories helped ease concerns over weak European demand and increased Iranian supply. […]
Oil markets aren’t on the verge of a new price supercycle as plentiful supplies mean any concerns of a shortfall are misguided, the International Energy Agency said. Crude rallied to a 14-month high last week after Saudi Arabia and […]
The market for moving oil across the world’s oceans is currently so bad that owners of the industry’s biggest supertankers are actually subsidizing the delivery of cargoes. Strange to think, then, that shares of two […]
Duke Energy Florida (DEF) today announced the locations of its two newest solar power plants, which continue the expansion of its renewable generation portfolio. The solar plants are the latest milestones in the company’s […]
Brilliant Energy LLC filed for bankruptcy in the Southern District of Texas, adding to a growing list of companies that have stumbled after power outages caused by a winter freeze in February. The electricity provider has estimated […]
Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He started putting this plan into action on his first day in the White House with the cancellation of the notorious Keystone XL […]
Exxon Mobil Corp . said proposals put forth by an activist investor pushing for changes at the oil giant threaten future cash flows and the sustainability of its dividend. Exxon said in a letter to shareholders Tuesday […]
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