Thursday, 30 January 2025

Focus on Infrastructure

TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year. TC Energy headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessNewsUtilities

TC Energy eyes data centre growth as potential opportunity

Adjusted earnings for TC Energy in Q2 came in at $978 million, down slightly from last year.

AnalysisClimateElectricityIn-DepthInfrastructureOpinionPoliticsResiliencySolarUtilities

Green energy for all: Zimbabwe will need a new social contract to roll out projects like solar power

Zimbabwe's green energy push, while vital for SDG 7, risks deepening inequality by prioritizing privatization over ubuntu-based communal solutions.

FILE PHOTO: A solar panel is shown during installation on a residential roof in Scripps Ranch, San Diego, California, U.S. October 14, 2016. Picture taken October 14, 2016.    REUTERS/Mike Blake/File Photo
BusinessElectricityIndustryInfrastructureLegislationManufacturingNewsPoliticsRegulationsSolarTradeUtilities

US lawmakers seek to block Chinese firms from solar manufacturing subsidy

The bill seeks to block Chinese solar panel makers from claiming American subsidies to protect U.S. manufacturing.

The corporate logo of  Precision Drilling (TSX:PD) is shown. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureNewsOilTransmission

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling sees 18% surge in Canadian activity post-Trans Mountain pipeline expansion, signaling renewed confidence.

FILE PHOTO: The logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
BusinessFuelIndustryInfrastructureLegislationNewsOilPoliticsTrade

Petrobras, CNOOC and Petrochina big winners in Brazil’s PPSA oil auction

Petrobras, CNOOC, and Petrochina won an oil auction, expected to generate record revenue for Brazil's PPSA.

HydrogenNatural GasNewsTransmission

Enagas gets first nod to develop Spanish section of H2MED hydrogen pipeline

Enagas is moving to transition from its traditional role as a natural gas grid operator to managing a network of hydrogen infrastructure, taking...

Electric power transmission pylon miniatures and American Electric Power logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration
BusinessElectricityNewsUtilities

American Electric Power expects strong growth in new data center demand

Generative AI use sees American Electric Power profits surpass estimates as higher commercial loads expected.

rude oil tankers SFL Sabine, back left, and Tarbet Spirit are seen docked at the Trans Mountain Westridge Marine Terminal, where crude oil from the expanded Trans Mountain Pipeline is loaded onto tankers, in Burnaby, B.C., Monday, June 10, 2024. Trans Mountain Corp. says CEO Dawn Farrell will become chair of the company's board Sept. 1. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelInfrastructureNewsOilTransmission

Trans Mountain Corp. to have new CEO as Farrell moves to board chair role

Trans Mountain says it is undertaking a CEO succession plan to replace Farrell, who has served as CEO since 2022.

FILE PHOTO: A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceFuelInfrastructureNatural GasNewsTransmissionUtilities

Chesapeake Energy posts quarterly loss on output drop, lower gas prices

Chesapeake Energy reported a Q2 loss of $227M due to weak natural gas prices and reduced production amid falling demand.

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