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Home2024April

Month: April 2024

TotalEnergies
Finance

TotalEnergies: average LNG price down in Q1

April 16, 2024 Mariel Alumit

French energy giant TotalEnergies, one of the world’s largest LNG players, reported a drop in its average price for equity liquefied natural gas sales in the first quarter of this year. TotalEnergies said on Tuesday […]

France
Energy Policy

France’s battle plan to produce one million heat pumps a year

April 16, 2024 Mariel Alumit

  The French Minister of Economy and Energy, Bruno Le Maire, unveiled on Monday (15 April) the government’s plan to revive its heat pump industry, which comes amidst a slump in European heat pump manufacturing. […]

Virginia
Energy Storage

Dominion battery pilot to provide hands-on training at historically Black university in Virginia

April 16, 2024 Mariel Alumit

  At 1.5 megawatts, the battery destined for a college campus near Petersburg, Virginia, might not be the mightiest in Dominion Energy’s growing storage fleet. But don’t underestimate its power and reach. In addition to […]

Illinois
EnergyNews

Illinois gives $1.6 million boost to justice-focused community solar projects

April 16, 2024 Mariel Alumit

  Thanks to a new infusion of state funding, three projects benefiting traditionally under-resourced Black, Brown and Indigenous communities in the greater Chicago area have taken one important step closer to fruition. Last week, the […]

Big Oil Companies

Gas, oil and geopolitical updates

April 16, 2024 Andy Del Prado

Daily Standup Top Stories What’s Next for Oil? Analysts Weigh In After Iran’s Attack April 15, 2024 Mariel Alumit Oil futures were barely moved by Iran’s unprecedented attack on Israel, with traders attributing the lackluster price action […]

War Cabinet
Crude Oil News

Israeli War Cabinet Vows Response to Iran as Oil Prices Cool Down

April 15, 2024 Mariel Alumit

Israel convened its war cabinet on Monday morning, vowing a response to what is being described as a direct attack on Israel, despite various reports suggesting that Iran coordinated its missile barrage with Washington and […]

Oil Price
Crude Oil News

EIA Raises WTI Oil Price Forecasts

April 15, 2024 Mariel Alumit

The U.S. Energy Information Administration (EIA) raised its West Texas Intermediate (WTI) oil price forecast for 2024 and 2025 in its latest short term energy outlook (STEO), which was released last week. The EIA now […]

AI
Energy Crisis

Power grids are facing more demand than ever. Policy needs to catch up.

April 15, 2024 Mariel Alumit

Todd Snitchler is the president and CEO of the Electric Power Supply Association, which represents U.S. competitive power suppliers. For the first time in decades, power demand is growing rapidly across nearly every part of the country […]

Tesla
Electric Vehicles

Tesla lays off more than 10% of staff globally as sales fall

April 15, 2024 Mariel Alumit

BERLIN, April 15 (Reuters) – Tesla (TSLA.O),  told staff it is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales […]

EV
Big Oil Companies

BP Cuts Jobs as Supermajor Scales Back EV Charging Unit

April 15, 2024 Mariel Alumit

BP has cut over a tenth of its workforce in its EV charging business, BP Pulse, as the supermajor is downsizing the division and retreating from several countries to focus on just four key markets, […]

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