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Over 160,000 US Customers Without Power as Hurricane Milton Approaches

Electricity Grid, Energy Topics & Technology, Latest, US News / By

(Reuters) – More than 160,000 homes and businesses in Georgia, the Carolinas, Texas and California were without power on Wednesday as Hurricane Milton is expected to make landfall on Florida’s Gulf Coast late Wednesday, according to PowerOutage.us. The utility with the most outages was U.S. energy company Duke Energy, a major supplier in the Carolinas, …

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Hurricane Milton Approaches Florida With 155 MPH Winds

Latest, US News / By

Storm triggers evacuations along state’s battered west coast Milton is menacing Tampa Bay with a dangerous storm surge Hurricane Milton is set to approach the Florida peninsula as a catastrophic Category 4 storm, bearing down on a region still struggling to recover from Helene’s devastation. Milton’s top wind speed slowed slightly to 155 miles (249 kilometers) per …

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Renewable Energy to Fall Short of UN Goal to Triple by 2030, IEA Says

Latest, Renewable Energy, Solar, US News, Wind / By

Summary Renewables should meet nearly half of world’s electricity demand Growth not enough to meet triple capacity target set at COP28 Increase driven as renewables often cheapest option But millions of kilometres of grid upgrades needed (Reuters) – Renewable energy sources are set to meet nearly half of all electricity demand by the end of …

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Geopolitical Risk Premium in Oil market Slips Slightly, Goldman Sachs Says

CDN and International News, Conventional Energy, Latest, Oil / By

By Reuters (Reuters) – Geopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases last week in both Brent implied volatility and call options implied volatility skew, Goldman Sachs said. Oil prices steadied in Asian trading as traders weighed developments in the Middle East conflict against continued bearish expectations for …

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Woodside Completes $1.2 Bln Tellurian Acquisition

Energy Topics & Technology, Latest, LNG, Mergers and Acquisitions, US News / By

(Reuters) – Woodside Energy said on Wednesday it has completed the acquisition of U.S. liquefied natural gas developer Telluria, including its U.S. Gulf Coast LNG export project, for $1.2 billion including debt. Last week, Tellurian shareholders had voted in favour of its proposed acquisition by the Australian energy producer. Woodside said it has renamed the Driftwood LNG …

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Brookfield Seeks US$1 Billion Green-Power Deals

Hydro, Latest, Renewable Energy, Solar, US News, Wind / By

The asset manager has raised US$10 billion for a fund dedicated to investing in the energy transition Bloomberg News The asset manager said earlier this year that it raised US$10 billion for a fund dedicated to investing in the energy transition as well as US$2.4 billion for a similar fund focused on emerging markets. It’s …

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XI Technologies Ltd. Celebrates 30 Years of Innovation and Industry Leadership

Company Announcements, Latest / By

October 9, 2024 – XI Technologies Ltd., a leader in providing innovative data and software solutions for the oil and gas industry, is thrilled to celebrate its 30th anniversary this month. The company is hosting an exclusive event on October 9th at The Calgary Petroleum Club, bringing together top professionals from across the industry for …

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