The Indian Point Energy Center (Indian Point) permanently stopped generating electricity on April 30, 2021, when it retired its last operating nuclear reactor, Unit 3, earlier than originally planned. The Indian Point nuclear power plant […]
Clean technology company Silverstream Technologies has announced that its pioneering air lubrication system, the Silverstream® System, has delivered significant fuel and emissions savings during testing on the Shell-chartered 170 000 m3 LNG carrier Methane Patricia Camila. Following operational […]
Vitol Group is buying Hunt Oil Co.’s Permian Basin business as the biggest independent crude trader makes a major move into the world’s busiest shale patch. The deal includes 44,000 acres across five counties in the […]
A fire broke out in one of the facilities at the Bazan oil refineries in Haifa as a result of a damaged pipe in the CCR system on Friday night, the Environment Protection Ministry reported in a […]
Austria’s top energy official told OMV AG it must start figuring out how to do business without fossil fuels now or risk losing its business in three decades. Transport and Energy Minister Leonore Gewessler delivered the unusually […]
ExxonMobil last Friday posted estimated earnings of $2.7 billion in the first quarter of 2021 compared with a loss of $610 million in the same quarter last year. The company stated that the positive results reflect the benefits […]
Chevron Corp ’s first-quarter profit fell 29% compared with the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset […]
HOUSTON–(BUSINESS WIRE)–CenterPoint Energy, Inc. (NYSE: CNP) (“CenterPoint”) today announced the sale of its Arkansas and Oklahoma natural gas LDC assets to Summit Utilities for $2.150 billion in cash, including recovery of approximately $425 million in […]
LAUNCESTON: One of the quirks of Asia’s seaborne coal market is that volumes have held up remarkably well, despite the fuel being demonized for its role in climate change and the rising number of countries and companies […]
New Delhi: The global wind energy industry is set to grow at a 4 per cent Compounded Annual Growth Rate (CAGR) through 2025, with additional 470 Gigawatt (GW) of capacity creation, helping create 3.3 million jobs over […]
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