Energy Topics & Technology

Auto Added by WPeMatico

China’s BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head

CDN and International News, Conventional Energy, Electric Vehicles, Energy Topics & Technology, Latest, Oil / By

Both electric carmakers have emerged as breakout threats to legacy automakers Bloomberg News BYD Co. Ltd. notched up another win over Tesla Inc. on Wednesday, reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Revenue for China’s best-selling automaker soared 24 per cent year-on-year to 201.1 billion …

China’s BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head Read More »

OPEC+ Could Delay December Oil Output Hike, Sources Say

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

By Alex Lawler, Olesya Astakhova and Dmitry Zhdannikov Output hike of 180,000 bpd due to proceed in December Decision on delay could come as soon as early next week Sources cite concern about economic backdrop and demand LONDON/MOSCOW, Oct 30 (Reuters) – OPEC+ could delay December’s planned increase to oil production by a month or …

OPEC+ Could Delay December Oil Output Hike, Sources Say Read More »

UK Increases Windfall Tax on North Sea Oil Producers

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

By Ron Bousso and Arunima Kumar LONDON, Oct 30 (Reuters) – The British government will increase a windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, finance minister Rachel Reeves announced on Wednesday. Presenting the first budget under the new Labour government, Reeves said …

UK Increases Windfall Tax on North Sea Oil Producers Read More »

US Gasoline Stockpiles Hit 2-Year Low on Stronger Demand, EIA Says

Conventional Energy, Energy Storage, Energy Topics & Technology, Latest, Oil, US News / By

By Georgina Mccartney HOUSTON, Oct 30 (Reuters) – U.S. gasoline stockpiles fell unexpectedly last week to a two-year low on strengthened demand, the Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped. Gasoline stocks (USOILG=ECI) fell by 2.7 million barrels in the week ending Oct. 25 …

US Gasoline Stockpiles Hit 2-Year Low on Stronger Demand, EIA Says Read More »

ConocoPhillips Explores Sale of Permian Shale Assets Worth Over $1 Billion, Sources Say

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

ConocoPhillips is exploring a sale of some of its shale operations in the Permian Basin worth more than $1 billion, two years after an unsuccessful attempt to find a buyer for the same assets, people familiar with the matter said on Wednesday. The Houston, Texas-based oil and gas producer is looking to shed some non-core …

ConocoPhillips Explores Sale of Permian Shale Assets Worth Over $1 Billion, Sources Say Read More »

Refiner Phillips 66 reports Q3 profit beat on midstream, chemicals strength

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

(Reuters) – Phillips 66 beat quarterly profit estimates on Tuesday as strength in its chemicals and midstream segments helped the refiner more than offset a slump in refining margins from lackluster fuel demand. The company, which owns nearly 72,000 miles of U.S. pipeline systems, has moved more fuel this year than before as it expands …

Refiner Phillips 66 reports Q3 profit beat on midstream, chemicals strength Read More »

US Sets New Safety Measures as Deep Sea Oil Drillers Test New Depths

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

Summary New rules add some specific equipment and reporting requirements Applies to projects with more than 15,000 PSI, or more than 350F Regulators expect rise in ultra-high pressure projects BP awards SLB a key contract for ultra-high pressure Kaskida project HOUSTON, Oct 29 (Reuters) – The Bureau of Safety and Environmental Enforcement (BSEE) rolled out …

US Sets New Safety Measures as Deep Sea Oil Drillers Test New Depths Read More »

How do Trump and Harris Differ on Energy Policy?

Coal, Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, LNG, Natural Gas, Nuclear, Oil, US News / By

Republican Donald Trump and Democrat Kamala Harris have a couple of things in common on the issue of U.S. energy policy: both say they want to expand production and keep prices down for consumers. The core difference is that Harris says she wants to do so in a way that favors clean energy technologies crucial …

How do Trump and Harris Differ on Energy Policy? Read More »

Major LNG Producer Challenged in Court on Clean Claims in Landmark Case

CDN and International News, Conventional Energy, Emission Reduction, Energy Topics & Technology, Latest, LNG / By

Santos in Australian Federal Court over alleged greenwashing Questions raised over gas exporter’s net zero ambitions One of the world’s first legal challenges over corporate greenwashing kicked off in an Australian court, with an activist shareholder group claiming natural gas producer Santos Ltd. misled investors on its climate targets. The Australasian Centre for Corporate Responsibility said Monday in …

Major LNG Producer Challenged in Court on Clean Claims in Landmark Case Read More »

Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy

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

Climate goals, data centers driving interest in atomic sector Amazon, Google, Microsoft have recently done power deals Some of the world’s biggest managers of private capital are making moves to finance and invest in nuclear power plants, latching onto a revival in the sector driven in part by tech giants’ electricity-intensive AI ambitions. Carlyle Group …

Private Equity’s Next Bet on Artificial Intelligence Is Nuclear Energy Read More »

Subscribe
Subscribe