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By Scott Disavino Oct 25 (Reuters) – U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling by two in October, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
US Oil and Gas Rig Count Steady This Week, Down Two in October – Baker Hughes Read More »
By Gavin Maguire LITTLETON, Colorado, Oct 25 (Reuters) – Utilities in the United States have relied on fossil fuels to generate a larger share of electricity than their counterparts in China since June, seriously undermining U.S. claims to be a leader in energy transition efforts. U.S. utilities have relied on fossil fuels to generate an …
US Power System Becomes More Fossil-Dependent Than China’s Read More »
NEW YORK, Oct 25 (Reuters) – Constellation Energy (CEG.O) is making its case to restore the operating license for its Three Mile Island nuclear power plant in the first public meeting before the U.S. Nuclear Regulatory Commission on Friday on the unprecedented project to restart a retired reactor. Constellation, which announced last month that it …
US Nuclear Regulator Hears Three Mile Island Power Plant Restart Plan Read More »
By Georgina Mccartney Study examines proposed drilling restrictions to protect public from oil and gas pollution Restrictions could result in 12.5 million barrels lost in first year, study says Environmental advocate argues health costs outweigh revenue loss NEW YORK, Oct 25 (Reuters) – New Mexico, the second-largest oil-producing state in the U.S., is studying new …
New Mexico Studies Oil Drilling Restrictions That Would Hit Output, Revenue Read More »
by EnergyNow Staff Data centers, the backbone of modern digital infrastructure, require substantial power for several reasons. They host thousands of servers, networking equipment, and storage systems, which collectively enable the functioning of the internet, cloud computing, artificial intelligence (AI), and big data analytics. As the demand for digital services has grown, so too has …
Now You Know – Why Do Data Centers Require So Much Power and What Will Power Them? Read More »
(Reuters) – U.S. crude oil refiner Valero Energy Corp said on Thursday it is considering a range of options that could include selling its two California refineries due to growing regulatory pressure in the state. Chief Executive Lane Riggs said during a conference call “all options are on the table” for the company’s two California …
Valero CEO Says All Options Are On The Table For Two California Refineries Read More »
By Arathy Somasekhar US shale producers continue to restrain production growth Companies such as Enbridge expand capacity on existing lines Deepwater oil export projects struggle to attract customers HOUSTON, Oct 24 (Reuters) – Top executives of two U.S. energy pipeline operators on Thursday ruled out building new crude oil lines to move volumes out of …
New Permian Oil Pipelines Unlikely to be Built, Say Top Operators Read More »
HOUSTON, Oct 24 (Reuters) – Federal regulators on Thursday gave an Exxon Mobil (XOM.N) and Qatar Energy LNG joint venture a 3-year extension to finish building their Golden Pass LNG plant, a regulatory document showed. The extension was granted due to delays caused when lead construction contractor Zachry Holdings filed for bankruptcy in March, according …
Exxon Mobil, Qatar get 3-Year Extension to Build Their LNG Plant in Texas Read More »
Preferred equity deal will support six US solar projects Blackstone closed a $7.1 billion clean energy fund last year Blackstone Inc. is investing $288 million in energy storage and solar company Pine Gate Renewables, as part of its push toward financing renewable energy. Blackstone Credit and Insurance, or BXCI, is providing the preferred equity, which will be …
Blackstone Invests $288 Million in Renewables Firm Pine Gate Read More »
U.S. energy pipeline operator Enterprise Products is not considering adding a new crude oil line out of the Permian shale field in West Texas, co-CEO Jim Teague said on Thursday. A wave of consolidation in the top U.S. shale field has concentrated output in the hands of companies that are promising to restrain output so …
Enterprise Products Not Considering New Permian Oil Pipeline, says Co-CEO Read More »
