Category: energy
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Labour boosts clean energy funding with record £1.5bn auction
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The Labour government is set to significantly increase funding for clean energy projects, announcing a record £1.5bn for the summer subsidy auction – a 50% increase on previous figures. The push is aimed at revitalising the UK’s clean energy sector after the previous administration failed to secure any new offshore…
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What would Trump 2.0 mean for inflation, energy policy and trade By Investing.com
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With Donald Trump’s chances of a second term increasing in the wake of recent developments, his policy priorities are expected to have mixed effects on inflation, energy policy, trade, and other important issues. Inflation appears to be a key focus of a potential Trump administration. In his acceptance speech at…
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NextEra Energy, Inc. (NEE) Stock Forecasts
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summary Headquartered in Juno Beach, Florida, NextEra Energy provides generation, transmission, and distribution services. NEE has approximately 37,000 megawatts of total electricity generation capacity, with approximately one-third of its electricity coming from renewable wind and solar sources. The company also operates seven nuclear plants. The company’s largest electric utility is…
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Woodside Energy raises cost estimate for flagship Scarborough gas project (NYSE:WDS)
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AlexLMX/iStock via Getty Images Woodside Energy (New York:WDS) early tuesday Raise the estimated cost Shell has announced an increase in its share of development costs for its Scarborough natural gas project by US$500 million to US$12.5 billion, taking the company’s share of development costs to US$8.2 billion, with the increase…
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GURU Organic Energy Welcomes Three New Board Members
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jul 22, 2024 • 6 minute…
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Woodside Energy to buy Driftwood LNG developer Tellurian in $1.2B deal (NYSE:TELL)
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Sky_Blue/iStock via Getty Images Woodside Energy (WDS) said late Sunday it has agreed to acquire liquefied natural gas developer Tellurian (NYSE:TELL) for $1.2 billion in cash, including debt. Woodside (WDS) said the acquisition of Tellurian (TELL), a developer of 27.6 million metric tons per annum The Driftwood LNG export project…
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NANO Nuclear Energy Signs Memorandum of Understanding with Everstar AI to Leverage its Suite of New AI Tools to Modernize the Nuclear Regulatory & Licensing Process
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Everstar’s AI-powered services have the potential to save significant time and resources by transforming the way licensing and regulatory processes are handled. NEW YORK, N.Y., July 19, 2024 (GLOBE NEWSWIRE) — Nano Nuclear Energy, Inc. (Nasdaq: NNE) (Nano Nuclear Energy), announced today that it has Everstar Nuclear Energy, a vertically…
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Putin Warns of Potential Energy Catastrophe
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Russian President Vladimir Putin warned of The looming energy problem It resulted from the rampant growth of Bitcoin mining in his country. Putin stressed that mining activities consume huge amounts of energy, noting that these operations represent about 1.5% of the total electricity consumption in Russia. This is equivalent to…
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Putin Warns of Potential Energy Catastrophe
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Russian President Vladimir Putin warned of The looming energy problem It resulted from the rampant growth of Bitcoin mining in his country. Putin stressed that mining activities consume huge amounts of energy, noting that these operations represent about 1.5% of the total electricity consumption in Russia. This is equivalent to…
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How the Celsius CEO turned a cult-favorite energy drink into a stock-market lightning rod with 6,000% growth
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John Fieldly, 44, is revved up. The CPA-turned-energy-drink evangelist is the president, CEO, and chairman of Celsius Holdings, the ubiquitous energy drink known for its proclaimed calorie-burning abilities—up to 140 calories per bottle consumed, the company claims. If that weren’t enough to endear itself to gym rats, it also comes…
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Alberta Energy Regulator penalizes CNRL for contravening the Environmental Protection and Enhancement Act
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Article Content CALGARY, Alberta, July 15, 2024 (GLOBE NEWSWIRE) — The Alberta Energy Regulator (AER) has fined Canadian Natural Resources Limited (CNRL) for violating Section 155 of the Alberta Energy Act. Environmental Protection and Enhancement Act (a period). The energy regulator ordered CNRL to pay $278,000. Following investigation, the Australian…
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Delay in energy transition could be ‘costly and disorderly,’ BP says in annual outlook
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SlavkoSereda/iStock via Getty Images Oil futures gave up early gains and settled lower on Friday, capping off the first weekly loss after four straight positive weeks, as the recent rally in prices allowed traders to to exit their positions with healthy profits. Prices are supported by A weak U.S. inflation…
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EIA Hosting Bitcoin Mining Energy Use Webinar Today
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Earlier this year, the Energy Information Administration attempted to conduct a survey of Bitcoin mining energy use under emergency licensing laws, bypassing the traditional process of conducting a survey that requires an open comment period from the public and industry players surveyed. This attempt was made under highly questionable circumstances…
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Diversified Energy to buy east Texas natural gas assets in $106M deal (NYSE:DEC)
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sasacvetkovic33/E+ via Getty Images Diversified Energy (OTCQX:DEC) announced Wednesday that it has agreed to acquire East Texas natural gas properties and related facilities from Crescent Pass Energy in an all-stock transaction valued at approximately $106 million. Diversified Energy (OTCQX:DEC) said the assets include 827 net PDP units. The wells, which…
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Pongamia trees grow where citrus once flourished, offering renewable energy and plant-based protein
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Breadcrumbs Path Links PMN Business Article author: Associated Press Frida Frisaro Posted on July 06, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content An ancient tree from India is now growing in…
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Supreme Court rulings paring federal regulatory power will impact energy policy
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Pillow The U.S. Supreme Court issued two momentous decisions this week that upend decades of government regulatory frameworks, with profound consequences for environmental and energy policy. First, the Supreme Court ignored the 1984 precedent in the Chevron case v. the Natural Resources Defense Council, which gave federal agencies too much…
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4 best supplements for an energy boost
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The heat wave sweeping most parts of the country may be a serious cause of energy depletion. But there are also a host of other causes, from lack of sleep and poor diet to depression, anemia, stress, thyroid problems, and even lack of exercise. And sometimes caffeine just isn’t enough…
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UK’s Energy Security at Risk Due to Political Policies, Warns Serica Energy
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Rishi Sunak and Sir Keir Starmer are putting the offshore oil industry at risk and undermining Britain’s energy security, according to a leading oil and gas firm. David Lattin, the chairman of Serica Energy, has been highly critical, saying that unpredictable taxes and political opposition have made the UK the…
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Energy stocks boost European shares at open By Reuters
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(Reuters) – European stocks opened higher on Friday, as rising prices lifted energy stocks, but focus was also on the inflation reading in the United States, which may be key in gauging the path of global monetary policy. The European index rose 0.4% by 0710 GMT, after closing lower during…