Focus on Infrastructure
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.
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.
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.
British Gas owner Centrica’s profits fall from record highs amid more ‘normalised’ market
Owner of British Gas utility says profits have fallen from peaks found during energy crisis.
Wind power can be a major source of tax revenue, but officials struggle to get communities on board
Wind farms have boosted local economies in rural Illinois, funding schools and emergency services, but face growing opposition and complex local tax structures.
Canadian wildfire reaches Jasper, firefighters battle to protect Trans Mountain pipeline
Wildfire forces 25,000 to evacuate from Jasper; firefighters protecting critical infrastructure, including the Trans Mountain Pipeline.
GB Energy to work with Crown Estate to develop offshore wind farms, says Labour
The Crown Estate owns the vast majority of Britain’s seabed, stretching up to 12 nautical miles from the mainland.
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.
US working with Kyiv on future power generation plans
The U.S. and Ukraine are collaborating on a post-war energy grid roadmap, focusing on safe nuclear power and renewables to rebuild and secure...
Renewables overproduction turns electricity prices negative
While consumers enjoy negative electricity prices, the renewables industry fears it will foster 'dangerous rhetoric' about the future of green energy.
