Kongsberg Maritime to Equip New Construction Vessels for Sea1 Offshore
Kongsberg Maritime and Sea1 Offshore will also collaborate on a study to measure emissions reductions.
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Five Charts on Key US Electricity and Power Generation Trends
By Gavin Maguire LITTLETON, Colorado, June 4 (Reuters) – U.S. power producers have lifted output from both fossil fuels and clean energy sources to new highs so far in 2025, on the back of steadily rising energy demand from data centers, businesses and households. Average retail electricity prices have risen in tow, and are hovering …
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Data Centers Added $9.4 Billion in Costs on Biggest US Grid
By Naureen S Malik and Mark Chediak The rapid development of data centers connected to the largest US electric grid raised costs by $9.4 billion, an expense that consumers from Illinois to Washington, D.C., will see reflected in their utility bills starting this month. Overall costs rose by 180%, with the growing energy needs of …
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California’s Rooftop Solar Dreams Are Dimming From Rising Bills
The state again looks to cut incentives for home users in a push to curb soaring electricity rates. By Mark Chediak A solar system atop a San Francisco housing development. Panel buyers would lose some incentives under a new proposal. Photographer: David Paul Morris/Bloomberg California prides itself as a champion of solar power. It helped …
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Glenfarne’s Alaska LNG Attracts $115B in Potential Partnerships
Strong international demand supports the project as Glenfarne eyes a final investment decision by the end of the year.
Oil, Gas Producers’ Next Frontier…Geothermal?
Enverus analysts say there is potential for more oil and gas companies to tap into geothermal on their existing assets—depending on available infrastructure and resource temperatures.
Standard Lithium, Telescope Successfully Convert Battery Materials
Samples of Standard Lithium and Telescope Innovation’s lithium sulfide have been shipped to solid-state battery companies in Asia and North America for ongoing testing and validation purposes, Standard says.
Airlines Must Ink Long-Term Deals on Greener Fuels to Boost Volumes
(Reuters) – Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday. Airline members of the International Air Transport Association are sticking to a target of net zero emissions by 2050 …
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Wind Opponents Sue Trump Administration to Block New York Wind Project
By Nate Raymond (Reuters) – Fishing companies and offshore wind opponents filed a lawsuit on Tuesday challenging the Trump administration’s decision to reverse course and allow construction to resume on Empire Wind, a $5 billion wind farm project off New York’s coast. Protect Our Coast New Jersey, Clean Ocean Action, ACK for Whales and 12 …
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Petronas Reportedly Exploring Sale of US$7 Billion Canadian Business
The company may also consider selling a minority stake in the business, depending on valuation Bloomberg News Petroliam Nasional Bhd. is considering options for its Canadian company formerly known as Progress Energy Resources Corp., including a sale, according to people familiar with the matter. Petronas, as the Malaysian state energy firm is known, is working with a …
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