U.S. Appeals Court Upholds FERC Approvals for Gas Pipeline Expansion

Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Pipelines / By

A U.S. appeals court on Tuesday upheld federal approvals for a natural gas pipeline system expansion project in Louisiana and Mississippi, rejecting environmentalists’ claims that the government performed an insufficient review of its climate harms. A unanimous three-judge panel of the U.S. Circuit Court of Appeals for the D.C. Circuit held that the Federal Energy …

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Tesla Axes Most of Supercharger Team in Blow to Other Automakers

Electric Vehicles, Energy Topics & Technology, Latest, Tri-Pinned, US News / By

Ford, GM, other carmakers in midst of tapping into Tesla plugs Decision said to slow growth of network; some may be rehired Bloomberg Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US. …

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U.S. Lawmakers Condemn Oil Industry’s ‘Deception’ on Climate Action

Conventional Energy, EnergyNow News and Press Releases, Latest, Oil, US News / By

The report, which completes an investigation started nearly three years ago, includes the release of internal corporate documents. Democratic lawmakers in the US lambasted oil companies in a new report on Tuesday, claiming that the industry has engaged in “an elaborate campaign of deception and doublespeak” to forestall meaningful climate action and sustain their outsized …

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TotalEnergies Talks Up New York Listing With Sector Abuzz About Switches

Conventional Energy, Energy Topics & Technology, Finance, Latest, Natural Gas, Oil, US News / By

Total Talks Up New York Listing With Sector Abuzz About Switches Shell, Glencore already subject of speculation over move to US ESG more important to European investors than on Wall Street TotalEnergies SE is increasingly making noise about moving its stock listing to New York, adding to chatter around European giants potentially being lured by US investors’ …

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PG&E in Talks with KKR to Sell Minority Stake in Power Unit

Energy Topics & Technology, Latest, US News, Utilities / By

California regulators poised to reject PG&E’s proposed sale PG&E says transaction would help improve credit profile PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. The California utility announced it would sell the stake in its hydroelectric, natural gas, …

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Chesapeake Energy Corporation reports first quarter 2024 results

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OKLAHOMA CITY, April 30, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ:CHK) today reported first quarter 2024 financial and operating results. Net income of $26 million, or $0.18 per fully diluted share; adjusted net income(1) of $80 million, or $0.56 per share Net cash provided by operating activities of $552 million Adjusted EBITDAX(1) of $508 million; free cash …

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