Cooperman’s Energy Bet Billionaire investor Leon Cooperman has disclosed a significant investment in energy stocks, attributing his decision to the recent surge in oil prices amid Middle East tensions. Cooperman, the chair and CEO of […]
Nearly 4 million Filipino households are either unserved or underserved by the nation’s power grid. However, the country has just taken a big step in achieving its goal of fully electrifying those homes. After concluding […]
The Mountain Valley Pipeline is largely completed, the company said Monday in requesting federal approval for it to be placed in service. Although some work remains, the company asked the Federal Energy Regulatory Commission to […]
The latest figures from the U.S. Energy Information Administration show that Americans are consuming a record amount of natural gas. In 2023, the U.S. consumed 89.1 billion cubic feet of gas in 2023, which was […]
Tesla reported a 9% drop in first-quarter revenue on Tuesday, the biggest decline since 2012, and missed analysts’ estimates, as the electric vehicle company weathers the effect of ongoing price cuts. The stock jumped in extended […]
(WO) – Eni S.p.A. has reached an agreement to combine substantially all of its upstream assets in the UK, excluding its East Irish Sea assets and CCUS activities with Ithaca Energy plc, (“Ithaca”), marking a […]
Energy giant TotalEnergies and fund portfolio company Vanguard Renewables have partnered to develop on-farm biomethane projects in the US. The collaboration aims to establish ten biomethane projects with an annual capacity of 0.8TWh, with the […]
New measures to punish Iran, Venezuela, and Russia could raise crude prices and hurt Biden in an election year. The Biden administration has been loath to unleash the oil weapon to bring misbehaving countries to […]
The Department of Energy’s “temporary pause” opens the door. A low-profile post by the U.S. Department of Energy (DOE) may point to a serious strategic change in U.S. policy in trade, energy, and relations with […]
Containerships travelling between Asia and the Mediterranean emitted 63% more emissions in the first quarter than in Q4 last year thanks to the ongoing Red Sea shipping crisis, according to new data from Xeneta, a […]
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