Thursday, 23 January 2025

Focus on Infrastructure

A view of Duke Energy's Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018. REUTERS/Chris Keane/File Photo
BusinessElectricityFinanceInfrastructureNewsUtilities

Duke Energy beats first-quarter profit estimates on higher rates

Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity

A view of the skyline in Asuncion, Paraguay March 17, 2023. REUTERS/Cesar Olmedo/File Photo
BusinessInfrastructureNatural GasNewsTransmission

Paraguay pushes rival bid for $1.5 billion Argentina-Brazil gas connector

Paraguay is advancing talks with Argentina and Brazil over a potential $1.5 billion gas pipeline to connect the three countries

Clammers dig in the mud on the shore of the Raritan Bay in Aberdeen, N.J., on Monday, May 6, 2024, the same day environmentalists hailed the cancellation of a natural gas pipeline project that would have run through the bay en route to New York City. (AP Photo/Wayne Parry)
FuelLiquefied Natural GasNatural GasNewsPoliticsRailRegulationsTransmissionTransport

One natural gas transport plan killed in New Jersey as another forges ahead

Environmentalists who had fought both projects reacted Monday to the mixed bag they were handed on Friday when the two proposals took differing...

EnvironmentFuelNewsOilPoliticsTransmissionTransport

Capsized barge in Tobago oil spill might have picked up fuel in Venezuela: Trinidad

HOUSTON – A barge that capsized in February and caused a large oil spill near Tobago that also affected neighboring Caribbean islands might...

FILE PHOTO: A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/File Photo
BusinessElectricityInfrastructureNewsUtilities

US utility Allete goes private in $6.2 billion deal

A partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners to acquire US utility Allete for $6.2 billion, including debt

Environmental activist Roberto Rojo stands next to metal columns inside a cave supporting Mexico's controversial Maya Train (AFP)
EnvironmentInfrastructureNewsRail

Mexico tourist train a ‘nightmare’ for environment, activists say

Maya Train project, a flagship scheme of outgoing President López Obrador, criticised as 'ecocide' by campaigners hoping to protect subterranean ecosystem.

AnalysisBuildingsClimateEfficiencyElectricityEmissionsHydrogenIn-DepthNatural GasPolitics

Public backs move to green home heating but more government support is needed, research shows

Members of the public are open to using alternative green heating, and are willing to tolerate the inconvenience of having it installed. But...

TC Energy Corp. says it has reduced the pressure on a segment of its NGTL pipeline system while an investigation continues into the cause of a rupture that occurred on the line earlier this week. TransCanada's Keystone pipeline facilities are seen in Hardisty, Alta., on Friday, Nov. 6, 2015. THE CANADIAN PRESS/Jeff McIntosh
BusinessNatural GasNewsTransmission

Pipeline operator TC Energy reports $1.20B Q1 profit

TC Energy Corp. reported a first-quarter profit of $1.20 billion, down from $1.31 billion in the same quarter last year, as its revenue...

FILE PHOTO: The marine offloading facility at the LNG Canada site is pictured, in Kitimat, Canada, September 2022. LNG Canada/Handout/ File Photo
Liquefied Natural GasNewsTransmission

US stands to lose Canadian gas after LNG Canada terminal starts up

The start-up of LNG Canada is likely to strain its natural gas supplies and force producers to reduce US exports

ElectricityNewsPoliticsTransmission

US court lifts block on $655m clean-energy transmission line

The Cardinal-Hickory Creek high voltage transmission line will connect more than 160 renewable energy projects to the Midwestern energy grid.

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