Focus on Infrastructure
Vale, BHP, Samarco could close $18 billion deal over Brazil dam collapse, sources say
Vale, BHP, and Samarco may settle with Brazil for 100 billion reais over the 2015 dam collapse, sources suggest October deal.
Propeller falls off BC Ferries vessel, spilling 800 litres of oil
About 800 litres of light hydraulic oil have spilled into the sea from a BC Ferries vessel after one of its propellers fell...
Texas gas plant proposal rejected from state financing program
Texas energy regulators denied public funding for Aegle Power's 1.3 GW natural gas plant, citing due diligence failures.
US warns against Nippon merger with US Steel, citing China steel glut
U.S. warns Nippon's $14.9B U.S. Steel bid risks national security by reducing domestic steel supply and production.
Yellen warns ending US clean energy tax credits would raise consumer costs
Treasury Secretary Yellen warns that reversing Biden's clean energy tax credits would raise costs, hurt U.S. jobs, and benefit China.
Energy firm Occurrent bidding to produce power from Canada’s Fundy tides files for bankruptcy
Another company, Occurrent, has filed for insolvency after failing to develop tidal power in the Bay of Fundy, raising concerns.
US to spend $7.3 billion on rural clean energy projects
Rural electric cooperatives get a boost from the Inflation Reduction Act as 16 projects funded to bring down costs and increase reliability.
Mountain Valley Pipeline test failure due to manufacturer defect, not corrosion: report
A May rupture of the Mountain Valley Pipeline in Virginia was due to a manufacturer defect, not corrosion, a report says.
Biden preparing to block Nippon’s US Steel takeover: report
U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, the Washington Post reported on Wednesday, citing three unnamed...
Competition in South Africa’s electricity market: new law paves the way, but it won’t be a smooth ride
South Africa electricity market reform: It's a process that evolves over years as technologies and markets change. It is not a destination.
