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Not So Fast: U.S. Nuclear Plants Won’t Power up Big Tech’s AI Ambitions Right Away

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Latest, Nuclear, US News / By

Summary Resurrecting Three Mile Island could take awhile Local opponents hold memories of 1979 incident NRC busy with nuclear power permit requests NEW YORK/WASHINGTON Sept 24 (Reuters) – Constellation Energy  and Microsoft  plan to restart the Three Mile Island nuclear plant, hoping they have scored a quick source of enough climate-friendly energy to power rapidly …

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Northvolt to Cut 20% of Global Staff, Placing Europe’s EV Battery-Making Ambitions at Risk

Batteries, CDN and International News, Energy Topics & Technology, Latest / By

Struggling to ramp up production as demand for electric vehicles slows Bloomberg News Workers gather at a food truck in the snow at the Northvolt AB plant in Skelleftea, Sweden, on Thursday, Feb. 17, 2022. Photo by Mikael Sjoberg /Bloomberg Sweden’s Northvolt AB will shed 20 per cent of its global workforce and pause its expansion plans to slow …

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Thieves Hunting for Copper are Vandalizing EV Chargers

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

Nearly 20% of U.S. public charging attempts ended in failure, with roughly 10% of those aborted sessions were due to a damaged or missing cable Bloomberg News Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to …

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U.S. Shale Revolution Has ‘Run Its Course,’ Quantum’s Wil VanLoh Says

Conventional Energy, Energy Topics & Technology, Latest, Oil, Shale / By

Bloomberg One of the top investors in US oil and natural gas companies says the nation’s shale producers are no longer in a position to aggressively ramp up output and give consumers a break on energy prices. “The US shale revolution has run its course,” Wil VanLoh, chief executive officer at Quantum Energy Partners LLC, said Monday …

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Canada’s Federal Greenwash Law Bill C-59: You’re Guilty Until Proven Innocent

CDN and International News, Energy Commentary, Energy Topics & Technology, Latest, Natural Gas, Oil, Tri-Pinned / By

“Under this new law, you’re guilty unless you prove your innocence to some back-room bureaucratic body. That’s simply not a Canadian concept.” Photo by THE CANADIAN PRESS/Sean Kilpatrick In its latest display of environmental correctness, the federal government passed a new anti-greenwashing law that requires individuals or organizations making claims or promises about the climate …

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US Natgas End-of-Season Storage to Reach Four-Year High in October

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Natural Gas, Tri-Pinned, US News / By

(Reuters) – U.S. natural gas storage is on track to end the April-October summer injection season at a four-year high of 3.899 trillion cubic feet (tcf) on Oct. 31, according to analysts’ estimates. That compares with 3.809 tcf at the end of the summer injection season in 2023, 3.929 tcf in 2020 and a five-year …

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FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say

Conventional Energy, Energy Topics & Technology, Latest, Mergers and Acquisitions, Oil, Pinned Primary, US News / By

The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron’s purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil’s challenge to the $53 billion deal as its final hurdle.                      The proposed merger was first …

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Shell to Shut Production at Two Oil Facilities in Gulf of Mexico

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil / By

(Reuters) – Shell  said on Sunday that it would shut production at its Stones and Appomattox facilities in the Gulf of Mexico as a precautionary measure in response to a tropical disturbance. “We are in the process of safely pausing some of our drilling operations, and currently have no other impact on our production across the …

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White House Touts $1 Billion Fund to Help Auto Suppliers Retool for EVs

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

(Reuters) – Investment firm Monroe Capital LLC said on Monday it plans to launch a fresh fund of up to $1 billion to provide loans for smaller auto suppliers as the industry shifts from gasoline-powered to electric vehicles. The White House said the fund would “facilitate access to lower cost capital for small- and medium-sized …

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U.S. Drillers Cut Oil and Gas Rigs for Fifth Week in Six, Baker Hughes Says

Conventional Energy, Drilling Rigs, Energy Topics & Technology, Latest, Natural Gas, Oil, US News / By

U.S. energy firms this week resumed cutting the number of oil and natural gas rigs after adding rigs last week, with the count falling for a fifth week in six, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, …

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