ConocoPhillips has bumped up its current share redemption package to up to $20 billion and raised its ordinary dividend by 34 percent to $0.78 per share. In the first nine months the exploration and production […]
On Monday, the Bulgarian government began constructing two nuclear reactors using US technology, signing the first major contract worth nearly $350 million – a deal that Energy Minister Vladimir Malinov said made the nuclear […]
The energy industry has largely welcomed the National Energy System Operator’s (NESO) report on achieving clean power in the UK by 2030, with leaders highlighting the need for policy support, an industrial strategy and consumer […]
The UK has reached a record high in electricity imports from Europe. New data from the National Energy System Operator (NESO) shows that net electricity imports totalled 26.3 terawatt hours from January to September, an […]
French oil and gas giant TotalEnergies (NYSE:TTE) has predicted that global oil demand will peak after 2030 in its most likely scenarios, driven by population growth, slow power grid investments, and lagging electric vehicle sales. “There are around 4.5 […]
COP29, also known as the ‘finance COP,’ will focus on mobilizing private sector finance to support climate action in developing countries. Key priorities for COP29 include formalizing the New Collective Quantified Goal on Climate Finance […]
Dealing a stunning financial blow to a controversial renewable energy project off the New England Coast, the U.S. Department of Transportation (DOT) Oct. 21 rejected a grant application for $456 million to build offshore wind […]
Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement in 2030 Prime Minister Justin Trudeau’s government will require Canada’s oil and gas industry to cut emissions by 35% from 2019 […]
South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners, according to people familiar with the matter. Officials in […]
Exxon Mobil has reported earnings of $8.61bn in the third quarter (Q3) of 2024, a decline of 4.4% from the $9.01bn reported in the same period of 2023. Total revenues and other income for the quarter […]
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