Avangrid to Invest $41MM to Develop New York’s Grid
Avangrid Inc. is building five projects in Ithaca, New York, to boost grid reliability in the region.
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Canada’s New Energy Chief Tim Hodgson Pushes Oil Sands to Build Carbon-Capture Systems
An oil sands mining facility near Fort McKay, Alberta. Canada’s new energy minister, Tim Hodgson, prioritizes building carbon-capture systems for the oil sands and increasing crude and natural gas exports. Summary by Bloomberg AI Hodgson emphasizes the need for responsible oil production, infrastructure development, and diversification of energy exports beyond the US, highlighting the Pathways …
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Saudi Aramco Considers Asset Sales to Free Up Funds, Sources Say
(Reuters) – Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices. Aramco is the world’s largest oil-producing company and the main source of Saudi state revenue. The firm will slash dividend payouts by nearly …
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Project Developments Chug Along in Wake of LNG Pause
There are more than 20 U.S. LNG projects at some stage of development. President Joe Biden’s yearlong pause on LNG permits complicated matters for the industry trying to build them. Where do things stand now?
US Regulators Greenlight Construction of Venture Global CP2 LNG Plant in Louisiana
The Federal Energy Regulatory Commission gave Venture Global permission, again, to proceed with the construction of its Calcasieu Pass 2 LNG project in Louisiana.
US Regulators Greenlight Construction of Venture Global CP2 LNG Plant, Again
The Federal Energy Regulatory Commission gave Venture Global permission, again, to proceed with the construction of its Calcasieu Pass 2 LNG project in Louisiana.
Trump to Sign Nuclear Power Orders Energy Chief Wright Says
May 23 (Reuters) – U.S. Energy Secretary Chris Wright said that President Donald Trump will sign executive orders on Friday aimed at boosting nuclear power. Reuters reported on Thursday that Trump would sign orders that aim to jumpstart the nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel …
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BlackRock Says Coal Competition Case Risks US Energy Independence
By Simon Jessop LONDON, May 23 (Reuters) – U.S. government support for a “baseless” case alleging asset managers conspired to reduce competition in the coal sector risks undermining its goal of energy independence, BlackRock (BLK.N), the world’s biggest asset manager, said on Friday. The U.S. Department of Justice and Federal Trade Commission on Thursday filed …
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Trump Seeks to Fast-Track New Nuclear Licenses, Overhaul Regulatory Agency
U.S. President Donald Trump ordered the nation’s independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants.
Exxon, Hess to Face Off Over Chevron Deal for Oilfield Riches
By Sheila Dang Arbitration tribunal under ICC to analyze dispute in confidential hearing in London Chevron acquisition of Hess hangs in the balance Resolution expected by end of third quarter, faster than typical ICC arbitration HOUSTON, May 23 (Reuters) – Top U.S. oil producer Exxon Mobil (XOM.N) and Hess (HES.N) will meet face-to-face on Monday …
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