BP joins buyback trend; beats quarterly profits expectations
BP, the British oil major, reported better-than-expected financial performance this Tuesday; it said it will join the buyback shares for the third quarter. It will...
Category : Investors
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Global CO2 emissions set to surge by 2023 – IEA
by editor
Earlier this month, the International Energy Agency (IEA) released an analysis that found that currently, only 2% of governments’ recovery spending is going to clean...
HollyFrontier to acquire Sinclair Oil; new company to emerge
by editor
HollyFrontier, the independent petroleum refiner Texas-based, announced this Tuesday it will acquire Sinclair Oil Corporation and its units; in a transaction with a value of...
Oil plunges over concerns for Delta Covid spread; volatile sessions ahead
by editor
Oil plunged this Tuesday after a volatile morning session; concerns over the rapid spread of the Delta Covid variant are weighing on prices. On the...
Fossil Fuel Infrastructure in the Energy Transition – Enbridge
by editor
Today, Enbridge Inc. announced it assured shareholders that it would stay strong in the energy transition environment. Particularly, this announcement comes as the Canadian midstream...
1GW pumped hydro energy storage project to advance; TC Energy
by editor
According to information reported by PV Magazine, Calgary-based TC Energy today reached an agreement with the Canadian Department of National Defense. Thus, this deal allows...
Bipartisan infrastructure bill – What to expect for energy?
by editor
On late Sunday, Senators introduced a bipartisan infrastructure bill, thus setting up for passage as soon as this week. Indeed, this bill comes after months...
Coastal GasLink pipeline dispute could impact construction – TC Energy
by editor
Canadian pipeline operator TC Energy warned yesterday that an ongoing dispute with LNG Canada will impact the construction of the Coastal GasLink pipeline in northern British...
Avangrid Renewables confirms BOEM’s NOI for Kitty Hawk Offshore Wind
by editor
Today, Avangrid Renewables LLC confirmed that the U.S. Bureau of Ocean Energy Management (BOEM) issued a Notice of Intent (NOI) for its Kitty Hawk North...