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Mrinalika Roy

FILE PHOTO: Natural gas flares off at a production facility owned by Exxon near Carlsbad, New Mexico, U.S. February 11, 2019. REUTERS/Nick Oxford
ElectricityFuelGeothermalNatural GasNews

AI’s energy hunger fuels geothermal startups but natgas rivalry clouds future

Large data-center operators are racing to meet the energy needs of artificial intelligence.

Plants are displayed at the booth of American exploration and production of oil and natural gas company ConocoPhillips during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNatural GasNewsOil

ConocoPhillips reports Q3 profit beat, hikes production forecast

ConocoPhillips beats Q3 profit estimates, raises full-year output forecast, and increases buyback authorization by $20 billion.

Workers on strike at Marathon Petroleum's (MPC.N) Detroit refinery walk the picket line in Detroit, Michigan, U.S., September 4, 2024.  REUTERS/Rebecca Cook
BusinessLabourNewsOil

Marathon’s Detroit refinery workers to strike from Wednesday

Half of refinery workforce to strike in Detroit over pay and schedules, but Marathon says action won't impact operations.

FILE PHOTO: A group of buildings housing cryptocurrency miners sits in the foreground of a power generating station at the Scrubgrass Plant in Kennerdell, Pennsylvania, U.S., March 8, 2022. REUTERS/Alan Freed/File Photo
BusinessElectricityNewsNuclear Power

AI’s race for US energy butts up against bitcoin mining

To secure AI data centers, tech giants are scrambling for energy by eyeing deals with cryptocurrency miners.

FILE PHOTO: Fire damage is shown in the Wahikuli Terrace neighborhood in the fire ravaged town of Lahaina on the island of Maui in Hawaii, U.S., August 15, 2023.  REUTERS/Mike Blake/File Photo
BusinessClimateEnvironmentFinanceInfrastructureNewsUtilitiesWeather

Hawaiian Electric, others agree to $4 billion Maui wildfire settlement

Blazes tore through Maui on Aug. 8 2023, killing over 100 people and causing damage estimated at $5 billion.

FILE PHOTO: A Chevron gas station sign is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo
BusinessNewsOil

Chevron reports Q2 earnings miss on weak refining margins

Chevron Q2 results affected by weak refining margins.

FILE PHOTO: Flames and smoke rise from a burning wildfire, as seen from a highway, in Jasper, Alberta, Canada, July 23, 2024, in this screen grab obtained from a social media video. Donald Schroll/via REUTERS/File Photo
BusinessClimateEnvironmentFuelInfrastructureLabourNewsOilWeather

Spreading Canadian wildfires prompt more evacuation warnings, oil production worries

Imperial Oil said there was no direct impact on its operations at the moment and that it continues to monitor the situation closely.

Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelNewsOil

Hess facing three lawsuits over disclosures in Chevron deal

Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFinanceLiquefied Natural GasNatural GasNewsOil

CalPERS to vote against Exxon board members

CalPERS will vote against all Exxon Mobil board members at the upcoming annual meeting on May 29, a regulatory filing showed on Monday

FILE PHOTO: A Chevron gas station sign is shown after Chevron Corp said it would buy Hess Corp in a $53 billion all-stock deal, in Encinitas, California, U.S., October 23, 2023. REUTERS/Mike Blake/File Photo
BusinessNewsOil

Oil giant Chevron reports Q1 profit beat

Chevron, the second largest U.S. oil producer, posted a profit of $5.5 billion in the quarter ended on March 31

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