Biden’s Keystone XL cancellation has dealt lasting damage to U.S. energy, jobs, and trust in government—damage not easily undone. President Donald Trump turned heads with his call for restarting the Keystone XL Pipeline. While the […]
Under the SPA, Osaka Gas will buy up to 0.8 million metric tonnes per annum of LNG. Moreover, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka […]
UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the […]
ENB Pub Note: This is an excellent article from Wolf Street. I have been working on the expansion vs. demand plans on the three different grid groups and the findings are astounding. ERCOT is in […]
What homebuilder Taylor Morrison said about the costs of mortgage-rate buydowns v. actual price cuts. By Wolf Richter for WOLF STREET. Unsold inventories of new single-family houses for sale at all stages of construction in January rose by 8.3% from […]
Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]
O’Neill said during Woodisde’s earnings call on Tuesday that the company has “a number of high-quality counterparties with whom we are negotiating as we speak. The pricing point we will communicate in due course.” She […]
CNBC’s climate-driven housing collapse ignores data showing no climate change-induced extreme weather or decline in property values. CNBC recently published an article claiming that climate change is threatening to cause a housing market collapse, with […]
US supermajor ExxonMobil has announced a nearly $200m investment in the Kipper 1B Project, bringing online much-needed additional gas supply from the Gippsland Basin. The project, approved by ExxonMobil subsidiary Esso Australia and its co-venturers […]
Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) has taken full ownership of the Morecambe offshore wind project from COBRA Group and Flotation Energy. The financial terms of the transaction are not disclosed. […]
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