Newmont Corp. (NYSE: NEM) plans to raise $2 billion in cash through mine sales and project divestments following the acquisition of Australia’s Newcrest Mining. The approximately $15 billion deal was completed on Monday. The acquisition […]
China Petroleum & Chemical Corporation (Sinopec) achieved a significant milestone on November 2, 2023, as they officially put into service the world’s largest LNG storage tank at their Qingdao LNG Receiving Terminal. With a staggering storage […]
Oil Price Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. U.S. exploration and production companies are […]
World Oil (WO) – The Energy Workforce and Technology Council issued a statement applauding the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024. This […]
As the first frost visits the mountains of western North Carolina, thousands of households are bracing themselves. Thinly insulated manufactured homes will provide little barrier to the cold. Gaps around doorways will invite it […]
November 6, 2023 Data source: Enverus DrillingInfo Note: Major crude oil-producing regions include the Permian, Bakken, Eagle Ford, Niobrara, and Anadarko regions, which make up almost all U.S. associated natural gas production; information on EIA’s […]
Xcel Energy is dedicating a bigger share of its Minnesota solar incentives to lower-income customers in response to a new state law. Since launching in 2014, Solar Rewards has provided financial incentives to help […]
Daily Standup Top Stories Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year November 5, 2023 Allen Santos Over the years, Warren Buffett has been opportunistic […]
BAKERSFIELD, Calif. (KGET) — The City of Bakersfield’s plan that would ban gas stoves in new construction is dead — at least, for now — after a huge pushback from the community. The public feedback […]
At a legislative markup session last week, a House Energy and Commerce subcommittee approved 17 energy bills for consideration by the full E&C committee, including 12 measures to boost and streamline the deployment of nuclear […]
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