The rising energy demands of global data centers are driving shifts toward renewable power sourcing with US data centers accounting for half of total US corporate clean energy procurement, but only around 20% in Europe, […]
Australia’s state coffers have seen a record-high tax haul from the oil industry following amendments to tax legislation that companies used to claim higher costs and lower taxes. For fiscal 2022-23, the Australian Tax Office […]
The U.S. Department of Energy (DOE) has awarded $473.6 million in grid resilience grants to 49 states, five territories, 254 Tribal Nations, and the District of Columbia. The Grid Resilience State and Tribal Formula Grants […]
RWE The Danish Energy Agency has granted German utility RWE the offshore construction permit for the Thor offshore wind farm, Denmark’s largest to date. RWE now has all permits in place to start offshore construction […]
Michigan factory to be idled for seven weeks from mid-November CEO Farley has warned of ‘slow uptake’ for plug-in vehicles Ford Motor Co. plans to shut down the Michigan factory that produces its F-150 Lightning plug-in […]
Deal still needs the approval of Neuquen Province, person says Exxon is exiting Vaca Muerta shale patch to focus elsewhere Exxon Mobil Corp. has agreed to sell most of its assets in Argentina’s Vaca Muerta shale […]
The biggest U.S. LNG exporter, Cheniere Energy Inc (NYSE: LNG), reported on Thursday a decline in third-quarter revenues and profits amid decreased market volatility and lower international LNG and natural gas prices. Cheniere Energy booked $3.763 billion […]
The Panama Canal has had to navigate several headwinds in recent months. Restrictions at the Panama Canal have been eased in recent months, and the canal authority hopes ship traffic will begin to rise. Panama […]
Canada’s largest oil and gas producer, Canadian Natural Resources (NYSE: CNQ), reported lower adjusted net earnings from operations for the third quarter compared to a year earlier amid plunging natural gas prices in North America […]
Plastic recycling claims are deceptive and destructive while wind and solar waste are given short shrift. “Exxon Knew!” The battle cry has inflamed and inspired climate activists for decades. Since the 1970s, they allege, “Exxon […]
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