Arena Renewables Sells Illinois Solar Portfolio to Summit Ridge Energy
Together, Summit Ridge’s acquired solar projects are expected to produce enough energy to power more than 5,000 homes annually when commercial operations begin, Arena says.
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Cheniere Signs NatGas Supply Deal with Canadian Natural Resources
Canadian Natural Resources’ natural gas will supply Cheniere’s planned expansion of its Sabine Pass LNG facility.
COMMENTARY: Key US Clean Energy Charts That Track Trump’s Tax Bill Impact
By Gavin Maguire LITTLETON, Colorado, May 28 (Reuters) – U.S. President Donald Trump’s sweeping tax and spending bill calls for drastic cuts to clean energy tax credits that have been major drivers of the boom seen in utility-scale renewable power and battery capacity over the past three years or so. The bill was passed by …
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Quaise Takes Geothermal Tech Deeper, Hotter in Texas Hill Country
Geothermal driller Quaise Energy is gearing up for field testing north of Austin, Texas, which is expected to help move its millimeter wave drilling technology closer to a commercial test.
U.S. Scolds Russia for Stoking WW3 Fears After Trump’s ‘Playing With Fire’ Remark
U.S. President Donald Trump’s envoy, Keith Kellogg, on Wednesday scolded a top Russian official for stoking fears of World War Three after Trump warned President Vladimir Putin was “playing with fire” over Ukraine. As Russian forces advanced in Ukraine, Trump, in a post on Truth Social, said that Putin was playing with fire and cautioned …
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Cheniere Signs Long-Term Integrated Production Marketing Agreement with Canadian Natural Resources Limited
HOUSTON–(BUSINESS WIRE)–Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) announced today that its subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has entered into a long-term Integrated Production Marketing (“IPM”) gas supply agreement with Canadian Natural Resources Limited. Under the IPM agreement, a subsidiary of Canadian Natural Resources Limited has agreed to sell 140,000 MMBtu per day of natural gas …
Australia Lets Biggest LNG Plant Run to 2070
Australia’s Environment Minister has given preliminary approval to extend the life of the North West Shelf LNG plant to 2070, with conditions, potentially creating billions of dollars in new drilling opportunities. Summary by Bloomberg AI The decision has raised questions about the nation’s climate agenda, as the plant is one of Australia’s biggest polluters, and …
What OPEC+ Oil Output Cuts Are in Place?
(Reuters) – OPEC+ oil producers have three layers of output cuts in place after agreeing the first cutback in 2022. This year, eight OPEC+ members have started to raise production and unwind the third and most recent tranche of cuts. The 22-member OPEC+ will hold an online meeting on Wednesday, which is not expected to …
Exxon Mobil to Sell French Subsidiary Esso to Canadian Energy Group
May 28 (Reuters) – Energy major ExxonMobil has entered into exclusive negotiations with the French unit of Canadian energy group North Atlantic to divest its majority-owned French subsidiary Esso , it said on Wednesday. The sale is expected to take place in the last quarter of this year, at a price of 149.19 euros ($168.82) per Esso …
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US Grants Chevron Narrow Authorization to Keep Assets in Venezuela, Sources Say
The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil joint ventures with state company PDVSA, two sources with knowledge of the decision said on Tuesday. The guidelines, whose terms are similar to those in a U.S. license held by Chevron between …
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