mark

NRG Energy Beats Quarterly Profit Estimates, Inks 295 MW Deal to Power Data Centers

By Reuters Reuters) – NRG Energy  beat Wall Street estimates for second-quarter profit on Wednesday, as the utility got a boost from surging power demand and improved retail margins in its Texas unit. The company also entered into a 295 megawatt long-term retail deal to power data centers constructed on two NRG-owned sites in Texas, with …

NRG Energy Beats Quarterly Profit Estimates, Inks 295 MW Deal to Power Data Centers Read More »

Siemens Energy Targets Upper End of Outlook as US Demand Outweighs Tariffs

Summary Company incurs US import tariff hit of 100 million euro in third quarter Third-quarter orders at 16.1 billion euros versus 14.1 billion euros in poll Order backlog reaches record of 136 billion euros (Reuters) – Siemens Energy expects to hit the upper end of its 2025 growth outlook range, it said on Wednesday, as its …

Siemens Energy Targets Upper End of Outlook as US Demand Outweighs Tariffs Read More »

Understanding Alberta’s Mature Asset Strategy Recommendations

Proposed ways to generate wealth while cleaning up inactive oil and gas sites By Deborah Jaremko   Follow CEC on LinkedIn  CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter Alberta has a new set of recommendations to address the growing number of oil and gas production and infrastructure assets in the province that …

Understanding Alberta’s Mature Asset Strategy Recommendations Read More »

Oil Rebounds on Trump Threats on Russian Crude Buyers

Summary Oil prices rebound amid supply disruption concerns API crude draw data supporting prices, analysts say (Reuters) – Oil prices rebounded from the previous session’s five-week low on Wednesday, as traders focused on U.S. President Donald Trump threatening India with higher tariffs over its Russian crude purchases, and a larger-than-expected U.S. crude draw. Brent crude …

Oil Rebounds on Trump Threats on Russian Crude Buyers Read More »