Demand for all fossil fuels to stop growing this decade World enters ‘Age of Electricity’ with EV sales set to climb The world is heading into an era of cheaper energy prices as a shift towards electricity use leaves behind surpluses of oil and gas, the International Energy Agency predicted. Global demand for all fossil fuels will …
World Set for Cheaper Energy on Shift From Oil and Gas, IEA Says Read More »
Oct 17 (Reuters) – Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, beefing up offerings for rapidly-growing data centres. The all-cash deal, expected to close in the coming quarters, will give Schneider a stake of …
Schneider Electric to Buy Data Centre Cooling Firm Motivair for $850 million Read More »
The U.S. Department of Energy said on Wednesday it has approved conditional loan guarantee commitments totaling nearly $3 billion for two sustainable aviation fuel projects.The agency’s Loan Programs Office said the funding of up to $1.44 billion to Calumet’s unit would support the expansion of its facility in Montana. The facility will utilize vegetable oils, …
CRC President and CEO Francisco Leon believes the state needs to bolster its own oil and gas production—not all citizens and lawmakers agree.
As nuclear power companies gear up to revive old reactors and build a generation of new ones to meet burgeoning power demands for artificial intelligence, cryptocurrency and electric vehicles, they still face a daunting risk-management task: what to do with thousands of tons of spent reactor fuel. The U.S. nuclear-power renaissance is plunging ahead without …
Nuclear Renaissance Must Still Solve for Spent Fuel Read More »
(Reuters) – Oil prices were broadly flat on Thursday as investors waited on developments in the Middle East, the release of official U.S. oil inventory data and details on China’s stimulus plans. Brent crude futures were up 25 cents to $74.47 a barrel at 0834 GMT, while U.S. West Texas Intermediate crude futures were at …
Oil Prices Flat as Investors Await U.S. Inventory Data Read More »
Kinder Morgan said it has made FID for the Gulf Coast Expansion and confirmed a new pipeline project to move gas to the site of future Southeast Texas LNG export facilities.
Eric Mullins said that as large-scale M&A players begin to rationalize their purchases, as much as $18 billion in non-core divestments could find homes to asset-hungry acquirers.
Providence Energy Partners III LP retained RedOaks Energy Advisors for the sale of certain non-operated working interest properties located in the Permian Basin.
Three Global Infrastructure Partner directors are being replaced on EnLink Midstream’s board of directors by members of ONEOK’s executive leadership team.
