Sunday, 26 January 2025

Focus on Infrastructure

FILE PHOTO: A complex of pipes used for the export of crude oil in a dock that is part of the Ecopetrol refinery, is seen in Cartagena, Colombia April 12, 2024. REUTERS/Nelson Bocanegra/File Photo
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Colombia’s Ecopetrol in talks to buy $3.6 billion CrownRock stake from Occidental

Colombia's Ecopetrol said on Friday that it is in talks with US oil major Occidental Petroleum to possibly buy a stake in CrownRock.

FILE PHOTO: A drone view of three berths able to load vessels with oil is seen after their construction at Westridge Marine Terminal, the terminus of the Canadian government-owned Trans Mountain pipeline expansion project in Burnaby, British Columbia, Canada, April 26, 2024. REUTERS/Chris Helgren/File Photo
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Canadian crude exports from US Gulf Coast fall only slightly despite TMX startup

About 150,000 barrels per day (bpd) of Canadian crude were exported from the U.S. Gulf Coast in June, shipping tracking data showed.

The Atco logo is seen in this undated handout. A prominent Alberta utility is seeking to delay a hearing on appropriate remedies for gas and electricity rates the province's utilities regulator says were neither reasonable nor justified. THE CANADIAN PRESS/HO *MANDATORY CREDIT*
CourtsElectricityFuelInfrastructureLiquefied Natural GasNewsOilPoliticsUtilities

Alberta’s ATCO Utilities seeks to delay regulatory hearing on excess profits for appeal process

ATCO is seeking to delay hearing on remedies for gas and electricity rates utilities regulator says were neither reasonable nor justified

FILE PHOTO: Fire damage is shown in the Wahikuli Terrace neighborhood in the fire ravaged town of Lahaina on the island of Maui in Hawaii, U.S., August 15, 2023.  REUTERS/Mike Blake/File Photo
BusinessClimateCourtsElectricityIndigenousInfrastructureNewsPoliticsRegulationsTransmissionUtilitiesWeather

Hawaiian Electric, others agree to proposed $4 billion Maui wildfire deal: report

Hawaiian Electric Industries and others have tentatively agreed to a $4B+ settlement over Maui wildfires, settling multiple lawsuits.

FILE PHOTO: A SunPower SunVault display of the solar company SunPower is seen inside one of their offices in Richmond, California, U.S., July 15, 2021.  REUTERS/Peter DaSilva/File Photo
BusinessEfficiencyElectricityFinanceInfrastructureNewsSolarTransmissionUtilities

SunPower tumbles nearly 20% after pausing some operations

SunPower is halting new product shipments and deactivating certain agreements, amid financial challenges.

FILE - Sections of the Passaic Valley Sewerage Authority plant are seen in Newark, N.J. A proposed backup power plant for the facility is drawing strenuous opposition from residents who say their neighborhood is already overburdened with polluting facilities, including two other power plants. On July 18, 2024, New Jersey environmental officials allowed the project to be built, subject to conditions they say will reduce overall pollution coming from it. (AP Photo/Wayne Parry, File)
ElectricityEnvironmentInfrastructureNewsRegulationsTransmissionUtilities

NJ environmental justice law won’t block power plant hotly fought by Newark residents

The backup power plant for a sewage facility, balancing pollution control and environmental justice; it mandates solar panels and battery storage.

SSE said its first quarter financials were in line with expectations (PA)
BusinessElectricityInfrastructureNewsUtilitiesWind

British electricity giant SSE sees 60% jump in renewable energy generation in early summer

Electricity giant SSE said it generated nearly two-thirds more renewable energy in the early summer months than in the same period last year

A view of a damaged building in the aftermath of a storm in Rome, New York, U.S., July 16, 2024 in this still image obtained from social media video.  @_angels_brows via Instagram/via REUTERS
BuildingsClimateInfrastructureNewsWeather

New York storm topples B-52 bomber, tears roof off church

A severe storm in New York's Mohawk Valley killed one, caused major damage, and knocked a B-52 bomber off its platform.

FILE - Turbines operate at the Block Island Wind Farm, Dec. 7, 2023, off the coast of Block Island, R.I. The Massachusetts Senate debated a bill Tuesday, June 25, 2024 aimed at expanding the adoption of renewable energy in a bid to to help Massachusetts get one step closer to meeting its aggressive climate goals, including reaching net zero greenhouse gas emissions by 2050. (AP Photo/Julia Nikhinson, File)
AnalysisEfficiencyElectricityIn-DepthInfrastructureTransmissionUtilitiesWind

Navigating turbulence: Evaluating US Northeast offshore wind’s recent developments

From NY's new wind project to NJ's environmental research and MA's turbine mishap, Northeast's offshore wind sector faces mixed fortunes.

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo
BusinessElectricityFinanceFuelNatural GasNewsOilTransmission

Pipeline and terminal operator Kinder Morgan reports Q2 miss, remains optimistic on natgas demand

The earnings fell short due to higher costs and CO2 segment weakness, with adjusted profit at 25 cents per share, missing estimates.

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