Ofgem has decided not to move forward with the proposed modification to the Generation Licence, which aimed to add a new section for assets dedicated to network service provision. This decision follows a review of […]
A decline in demand could lead to 440 job losses at Mitsubishi Electric’s Livingston plant, according to local MP Gregor Poynton. The plant, which has operated in West Lothian for three decades, employs around 1,600 […]
U.S. exports of thermal coal to Asia and Africa surged in the first half of 2024, helping to drive overall U.S. coal exports (thermal and metallurgical) to 53 million short tons (MMst) from 49 MMst […]
Offshore drilling giant Noble Corporation has completed the acquisition of US offshore rig owner Diamond Drilling, after getting the final permit earlier this week. Noble said that the transaction, valued at around $2.1bn, enhances its […]
Leading Light Wind, a partnership of Invenergy and co-developer energyRe, has requested the New Jersey Board of Public Utilities to allow a pause in the development of its offshore wind project off the coast of […]
HOUSTON, Sept 4 (Reuters) – Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading, with traders worried about demand in coming months as crude producers offered mixed signals about supply […]
HOUSTON, Sep. 04 /BusinessWire/ — Crescent Energy Company (NYSE:CRGY) (“Crescent” or the “Company”) today announced the signing of a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of […]
China has restricted exports of key rare metals like antimony, causing prices to surge; antimony prices have reached record highs of over $25,000 per tonne. Antimony is vital for military, automotive, and solar applications, with […]
PJM Capacity Prices Rising Fast Capacity prices in PJM soared in the recent capacity auction. (See my post Ten times as expensive at PJM.) The price rise will be reflected in higher bills for consumers. Consumer […]
For years, California has received extensive press coverage for its high cost of living and the most expensive electricity and fuel prices in America. California’s increasingly high cost of living, housing, and transportation, coupled with […]
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