Focus on Infrastructure
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.
Vietnam allows big companies to buy clean energy to hit climate targets
Factory owners such as Samsung look forward to using Vietnam DPPAs to circumvent country's strained grid and harness green energy instead.
US oilfield firms slash prices as mega-mergers shrink customer base
A wave of mega-mergers among oil producers is forcing the US service companies to slash their prices, merge, or risk bankruptcy
Utility NextEra reports Q2 profit miss as segment sales slide
NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment
ScottishPower earnings hit after energy crisis allowance payment drops off
ScottishPower said its earnings fell 11% in the first half of the year to just over £1 billion, after an energy crisis allowance...
Russia considering ban on diesel exports, Kommersant reports
The Russian government is considering a ban on exports of diesel due to rising domestic prices, the Kommersant daily reported on Wednesday
Wind farms more than double UK Crown Estate profit to £1.1bn
The Crown Estate owns the vast majority of Britain’s seabed, and leases part of it to wind farm operators.
