Category: energy
-
Octopus Energy to Repay £3bn Taxpayer Support for Bulb Rescue
•
Octopus Energy has announced it will pay back almost the full cost of government subsidies for its acquisition of failed energy provider Bulb. The move ensures that taxpayers will get back almost the full amount of the bailout. Octopus acquired Bulb, which collapsed in 2021 due to unsustainable losses caused…
-
Sir Jim Ratcliffe Criticises Labour’s Energy Plans Despite Backing Starmer
•
Sir Jim Ratcliffe, chief executive of Ineos and co-owner of Manchester United, has criticized Labour’s green energy plans, claiming they could tax North Sea oil and gas production to “de-exist”. It comes just days after he publicly supported Labor leader Sir Keir Starmer. Ratcliffe warned that Labour’s proposals to increase…
-
NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units By Investing.com
•
TULSA, Okla.–( BUSINESS WIRE )–NGL Energy Partners LP (NYSE:NGL) today announced that the Board of Directors of its general partner has declared a dividend for the fiscal quarter ending June 30, 2024 to its stockholders. The Partnership’s 12.511% cumulative Class B redeemable perpetual preferred units (Class B Preferred Units) and…
-
Nikkiso Clean Energy & Industrial Gases Group to Deliver around Two Dozen Liquid-Based Hydrogen Stations in South Korea
•
This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 19, 2024 • 2 min…
-
EU Seeks to Speed Clean Energy Shift and Curb Russian LNG
•
Breadcrumb links BMN Business The European Commission is set to begin a campaign to boost energy security and accelerate the transition away from fossil fuel imports, while grappling with the difficult task of limiting Russian liquefied natural gas supplies. Article writer: Bloomberg News Ewa Krokoska Posted on June 11, 2024…
-
EU Seeks to Speed Clean Energy Shift and Curb Russian LNG
•
Breadcrumb links BMN Business The European Commission is set to begin a campaign to boost energy security and accelerate the transition away from fossil fuel imports, while grappling with the difficult task of limiting Russian liquefied natural gas supplies. Article writer: Bloomberg News Ewa Krokoska Posted on June 11, 2024…
-
New York power grid faces shortfalls as new clean energy supply lags, NYISO says (NYSE:ED)
•
Gargolas/iStock via Getty Images Electrical grid in New York You will experience a shortage in supply If the rate of retirement of fossil fuel-fired power plants continues to outpace the addition of new clean energy supplies as demand rises, the New York Independent System Operator said Thursday in Annual reliability…
-
Sir Patrick Vallance Champions Labour’s Accelerated Green Energy Initiative
•
In a major endorsement, Sir Patrick Vallance, former chief scientific adviser, expressed his support for Labour’s ambitious green energy plan, urging the pursuit of net zero emissions to be pursued with the same urgency as the development of a Covid-19 vaccine. Vallance, who resigned last year, has backed Sir Keir…
-
Edeltech buys Turkish co’s Ashdod – Ramat Negev Energy stake
•
Edeltech Group announced that it has signed an agreement to acquire Zorlu Energy’s entire stake in Ezotech Electric, the joint venture through which Edeltech and Zorlu own power plants through Ashdod Energy and Ramat Negev Energy. The joint venture has cogeneration production licenses and a total electricity production capacity of…
-
Atlantica Sustainable to be bought by Energy Capital Partners for $22/share (NASDAQ:AY)
•
Marcos Melo/iStock via Getty Images Sustainable Infrastructure in Atlantica (Nasdaq: Yes) -7.5% pre-market on Tuesday after it said it had agreed to be acquired by Energy Capital Partners for $22 a share in cash, a deal that would take Atlantica private and value the company at about $2.55 billion. The…
-
Kenya Partners With Marathon To Monetize Underused Energy By Mining
•
Kenya has signed an agreement with Bitcoin mining company Marathon Digital Holdings to monetize the country’s underutilized energy resources. This partnership, announced by Marathon CEO Fred Thiel on X, represents an important step towards leveraging Kenya’s surplus capacity for Bitcoin mining and technology development. Occurred! Kenya and @MarathonDH Signing of…
-
Kenya Partners With Marathon To Monetize Underused Energy By Mining
•
Kenya has signed an agreement with Bitcoin mining company Marathon Digital Holdings to monetize the country’s underutilized energy resources. This partnership, announced by Marathon CEO Fred Thiel on X, represents an important step towards leveraging Kenya’s surplus capacity for Bitcoin mining and technology development. Occurred! Kenya and @MarathonDH Signing of…
-
Align petroleum and electricity infrastructure with energy shift
•
Just as landline telephones have been replaced by mobile and Internet technologies, so will oil-based energy be replaced by renewable energy technologies, which include electric mobility. This is already happening here in Kenya with the help of new investments in electric vehicles, accommodative policies, and financial support. For this reason,…
-
Why FuelCell Energy, Bloom, and Clean Energy Fuels Rose Today
•
Renewable energy stocks rose on Tuesday after… Power delivery (NASDAQ: Delivery) Announce receipt Guaranteeing a loan worth $1.66 billion From the US Department of Energy. Plug currently has two hydrogen fuel production facilities at full capacity, with a third facility approaching that mark. Plug says the government aid will help…
-
Wall Street digs deep into Enphase Energy By Investing.com
•
In the rapidly evolving clean technology landscape, Enphase Energy, Inc. (NASDAQ:) is the subject of intense debate among Wall Street analysts. Known for its innovative approach to the global energy technology sector, Enphase has expanded its portfolio to include not only leading micro-inverter systems for solar PV devices but also…
-
High Arctic Announces Reorganization to Create Two Energy Services Companies, Return of Capital to Shareholders, and Annual General and Special Meeting of Shareholders
•
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 May 11, 2024 • 12 minute…
-
Source Energy Services Reports 2024 AGM Results
•
Article content CALGARY, Alberta, May 10, 2024 (GLOBE NEWSWIRE) — (TSX:SHLE) Source Energy Services Ltd. announces: (“Issuer” or the “Company”) announced the results of the annual shareholders’ meeting held on May 10, 2024. Article content Voting results in the 2024 Ordinary General Assembly Election of members of the Board of…
-
Kosmos Energy stock gains as Q1 earnings top estimates By Investing.com
•
Dallas – COSMOS ENERGY LIMITED . (NYSE:) reported earnings beat for the first quarter of 2024, with adjusted earnings per share (EPS) coming in at $0.21, beating analysts’ expectations by $0.04. However, the company’s revenue of $419.1 million was below the consensus estimate of $422.68 million. Despite the slight shortfall…