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Nov 1 (Reuters) – The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey. The White House and Interior Department both issued statements backing the sector shortly after Denmark’s Orsted …

White House says it is committed to offshore wind despite New Jersey setbacks Read More »

TOPEKA, Kan. (AP) — The operator of the Keystone pipeline system has finished cleaning up a massive December 2022 oil spill, and the creek affected by it is flowing naturally again, the company and the U.S. Environmental Protection Agency say. Pipeline operator TC Energy promised to continue monitoring the site along Mill Creek in Washington …

Cleanup is Done on a Big Kansas Oil Spill on the Keystone System, the Company and EPA say Read More »

Herbie: Fully Loaded, courtesy of Google Play Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE Back in 2019, at Tesla’s “Autonomy Day”, CEO Elon Musk told an excited crowd he anticipated that in just one year (meaning 2020), there would be “a million cars with full self-driving, software, everything”. Herbie and Transformers notwithstanding, fully-autonomous vehicles …

The Future of Autonomous Vehicles – ENERGYminute Read More »

THE WOODLANDS, Texas, Oct. 31, 2023 (GLOBE NEWSWIRE) — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone”, the “Company”, “we”, “our” or “us”), today announced financial and operating results for the three and nine months ended September 30, 2023. Permian Resources Merger Agreement On October 30, 2023, at the special meeting of stockholders of Earthstone, the stockholders …

Earthstone Energy, Inc. Reports 2023 Third Quarter and Year-to-Date Financial Results Read More »

  Updates 2023 Adjusted EBITDA guidance to $905 to $925 million Updates 2023 Distributable Cash Flow guidance to $650 to $675 million Announces dividend of $0.69 per share DETROIT, Nov. 01, 2023 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) today announced third quarter 2023 reported net income of $91 million, or $0.94 per diluted …

DT Midstream Reports Strong Third Quarter 2023 Results Read More »

(Reuter – Energy giants  and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their U.S. offshore wind power portfolios in recent days, the latest examples of a renewable energy industry in turmoil. Danish energy company Orsted, the world’s largest offshore wind farm developer and a big player in the U.S., said it …

Wind Damage: Why the U.S. Offshore Wind Industry is in the Doldrums Read More »

AI solutions are changing the world and our familiar working environment in a positive way. Also in NDE. Here, artificial intelligence is providing significant improvements in inspection processes – and DIMATE is leading the way. The range of applications includes the automatic recognition of components and the assignment to an inspection instruction: once stored, the …

Artificial Intelligence in NDE: Automatic Error Detection and Higher Data integrity Read More »

U.S. natural gas futures jumped about 4% to a nine-month high on forecasts for colder weather and higher heating demand over the next two weeks than previously expected. Front-month gas futures for December delivery on the New York Mercantile Exchange rose 13.9 cents, or 4.2%, to $3.491 per million British thermal units (mmBtu) at 9:28 …

U.S. Natgas Prices Jump 4% on Colder Forecasts, Rising Heating Demand Read More »

BP Plc’s temporary boss gave a robust defense of the company’s strategy, batting away suggestions that he needs to follow the big oil deals done by US competitors Exxon Mobil Corp. and Chevron Corp. “We’re focused really on transition” to net zero emissions, Interim Chief Executive Officer Murray Auchincloss said on Tuesday. BP’s growth engines …

BP’s Interim CEO Defends Strategy Amid U.S. Flurry of Megadeals Read More »

Summary Writes down $540 mln on U.S. windfarm Expects weak refining in Q4 Keeps dividend, share buyback policy unchanged LONDON, Oct 31 (Reuters) – BP (BP.L) on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’ forecasts as strong oil trading and refining margins were offset by weak gas results while the firm wrote down a large …

BP shares slump as Q3 profit misses forecast on weak gas Read More »