Thursday, 30 January 2025

Focus on Infrastructure

FILE PHOTO: A drone view of the Trans Mountain Burnaby Terminal tank farm as the Canadian government-owned Trans Mountain pipeline expansion project became operational in Burnaby, British Columbia, Canada May 1, 2024. REUTERS/Jennifer Gauthier/File Photo
BusinessElectionsFinanceFuelInfrastructureNewsOilPoliticsTransmission

Canada likely to delay Trans Mountain pipeline sale: report

Canadian government will likely stall the sale of the Trans Mountain pipeline until after the election in 2025, Bloomberg reported Friday

Green party co-leaders Carla Denyer and Adrian Ramsay (Ian West/PA)
ElectricityNewsPoliticsTransmission

Green leader urges MPs to ‘move beyond’ comments on pylon proposals

Adrian Ramsay uses first Parliamentary speech to reinforce commitment to wide-ranging climate action after opposing pylon construction in his constituency.

BusinessFinanceFuelInfrastructureNatural GasNewsUtilities

Canada’s Pieridae Energy shuts-in production amid low natgas prices

Canadian energy company Pieridae Energy said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d)...

FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible. (AP Photo/Charles Krupa, File)
EfficiencyElectricityIndustryInfrastructureManufacturingNewsTransmissionUtilitiesWind

GE Vernova says manufacturing problem behind wind turbine blade breaking off Nantucket Island

GE Vernova will reinspect 150 turbine blades after a manufacturing issue at a Canadian factory caused a blade to break and wash ashore...

yprus' Energy Minister George Pananastasiou talks during an interview in his office at the Energy Ministry in Nicosia, Cyprus, Thursday July 25, 2024. The future of an electricity cable linking the power grids of Greece, Cyprus and Israel will be cleared up next month when a ruling is expected on whether Cypriot consumers would pick up the tab for the cable's four-year construction costs, Pananastasiou said Thursday. (AP Photo/Petros Karadjias)
EfficiencyElectricityInfrastructureNewsPoliticsRegulationsTradeTransmission

Future of undersea power cable linking Greece, Cyprus, Israel to be decided next month: minister

The future of the Greece-Cyprus-Israel electricity cable hinges on a ruling about Cypriot consumer costs, expected next month, promising cheaper, renewable energy.

AnalysisHydrogenIn-DepthIndustryTradeUtilities

How Germany’s hydrogen economy could transform energy use

Germany is betting on green hydrogen, produced through electrolysis driven by wind and solar power, as an alternative to fossil fuels. For some,...

Lawyers for Drax Power said the firm had sought the court’s protection after a North Yorkshire Police tip-off (Anna Gowthorpe/PA)
CourtsInfrastructureNewsPolitics

Power station secures injunction against ‘threat of protest’

Threat of Drax protests and activist encampment sees power station receive injunction after court hearing.

Veren Inc. logo is shown in a handout. The company reported its profit rose in its latest quarter to $261 million from $212.3 million a year ago. THE CANADIAN PRESS/HO
BusinessFinanceFuelInfrastructureNatural GasNewsOilTransmission

Veren Inc., formerly Crescent Point Energy, sees profit rise in second quarter

Veren Inc., post-buying spree, shifts focus to reducing its $3.0 billion debt, targeting a further drop to $2.2 billion by year-end.

Sir Keir Starmer has warned it will “take time” to reap the benefits of clean power initiatives but stood by a claim that Labour’s plans will eventually drive down household bills by £300 a year (James Glossop/The Times/PA)
EconomyElectricityInfrastructureNewsPolitics

Starmer says UK bills to fall but the benefits of clean power ‘take time’

PM reaffirms promise on UK energy bills as flagship green energy initiative GB Energy is launched to increase wind and solar capacity.

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018.  REUTERS/Elijah Nouvelage/File Photo
BusinessNewsUtilities

Power company PG&E beats Q2 profit estimates on higher rates

California utility PG&E profits rise as company benefited from increased electricity rates, though wildfire costs affect earnings forecast.

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