Oil prices jumped more than 5% on Friday to hit the highest in more than two months after Israel said it struck Iran, raising concerns of escalating tensions in the Middle East that could disrupt oil supplies. Brent crude futures rose $3.91, or 5.64%, to $73.27 a barrel by 0146 GMT, the highest since April …
Oil Prices Jump More Than 5% After Israel Strikes Iran Read More »
U.S. liquefied natural gas producer NextDecade said on Thursday that its units have finalized contracts with Bechtel Energy to construct train 4 and train 5 at its Rio Grande LNG facility, with a combined value of about $9 billion. Under engineering, procurement, and construction (EPC) contracts, NextDecade agreed to pay Bechtel about $4.77 billion under …
NextDecade Signs $9 Billion Contract With Bechtel for Construction of LNG Sites Read More »
IPAA’s chairman Mike Hillebrand told members in an email that the next CEO would be “a visionary, dynamic leader who understands the unique challenges and opportunities facing our diverse membership.”
Cenovus Energy said site inspections confirmed there was no damage to its infrastructure following wildfires in Alberta.
The project, which will be developed in two phases, is expected to start operations by 2030 and flow electrons to PNM electric grid.
Dallas-based E&P Granite Ridge Resources did not report a reason for President and CEO Luke Brandenberg’s departure but wrote in the announcement that the “leadership transition is unrelated to the company’s performance or operations.”
JERA, Japan’s largest power generator, has announced four deals for up to 5.5 mtpa of LNG with Sempra, Commonwealth LNG, Cheniere and NextDecade that could nearly double the country’s LNG trade with the U.S.
Factors like the cyclical nature of the energy industry and demand for more skills are widening the gap between industry and education.
By Jonathan Randles Sunnova Energy International Inc. won court approval to start drawing on a new $90 million bankruptcy loan, funding that will help keep the rooftop solar company afloat while it sells its business in Chapter 11. During a Thursday court hearing, Judge Alfredo Perez authorized Sunnova to make an initial $15 million draw …
Sunnova Secures $90 Million Lifeline to Support Bankruptcy Sale Read More »
June 12 (Reuters) – The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday. These projects were proposed by Consolidated Edison (ED.N), Niagara Mohawk Power Corporation, New York State Electric & Gas Corporation (NYSEG), and Rochester Gas and Electric Corporation …
NY State Public Service Commission Approves 29 Power Projects, Valued at $636.2 Million Read More »
