Sunday, 23 February 2025

Focus on Transmission

The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo.  THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*
BusinessFinanceFuelInfrastructureNewsOilTransmission

Pembina Pipeline earns $479 million in Q2, ups full-year forecast

Pembina Pipeline reports a 32% Q2 profit surge, boosted by higher revenue and pipeline volumes following recent acquisitions.

AnalysisEconomyElectricityGeothermalHydropowerInfrastructureMarinePoliticsRegulationsReportsSolarStorageTransmissionWind

Post moratorium: Alberta’s clean energy sector faces uncertain path

Alberta's renewable energy moratorium has led to significant project cancellations, stalling progress and creating uncertainty.

FILE PHOTO: A view shows the Gazprom logo installed on the roof of building in Saint Petersburg, Russia February 5, 2024. REUTERS/Anton Vaganov/File Photo
AnalysisIn-DepthNatural GasPoliticsTradeTransmission

What happens if Russian gas transit via Ukraine stops?

Heavy fighting near the Russian town of Sudzha, where Russian gas flows into Ukraine, has raised concerns over a sudden stop to transit...

FILE - Windmills are seen at Ilocos Norte province, northern Philippines on Monday, May 6, 2024. (AP Photo/Aaron Favila)
AnalysisElectricityEmissionsInfrastructurePoliticsRegulationsReportsTransmissionUtilitiesWind

US, India, Russia, Japan are building out wind power much too slowly for climate change

Global efforts to triple wind power by 2030, a key commitment from COP28, are falling short, with current projections indicating only a doubling...

FILE PHOTO: A Marathon Oil well site is seen in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller/ File Photo
BusinessFinanceFuelIndustryInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOilTransmissionUtilities

Marathon Oil misses profit estimates on weak natural gas prices

Marathon Oil missed Q2 profit estimates due to falling natural gas prices, with shares dropping 1.7% after the announcement.

FILE - Central Maine Power transmission lines are seen on Oct. 6, 2021, in Pownal, Maine. More than $2.2 billion will be awarded to projects in 18 states to strengthen the electrical grid against increasing extreme weather, add renewable power and meet a growing demand for electricity for manufacturing and data centers, the Department of Energy announced Tuesday, Aug. 6, 2024. (AP Photo/Robert F. Bukaty, File)
ElectricityInfrastructureNewsPoliticsResiliencyTransmissionWeatherWind

US allocates $2.2B to strengthen the electrical grid and add clean power

Boost to US grid resilience will see eight projects across 18 states receive funding to advance energy transition.

Enbridge Inc. saw its second-quarter profit hit $1.84 billion, where it roughly also sat a year ago. An Enbridge worker loads pipe just west of Morden, Man., on Thursday, Aug. 16, 2018. THE CANADIAN PRESS/John Woods
BusinessFinanceFuelInfrastructureLiquefied Natural GasNatural GasNewsTransmissionUtilities

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.

FILE PHOTO: A Con Edison company flag is seen in New York July 1, 2012. REUTERS/Eric Thayer/File Photo
BusinessEfficiencyElectricityFinanceFuelInfrastructureNatural GasNewsSolarTransmissionUtilitiesWind

Consolidated Edison beats second-quarter profit estimates

Consolidated Edison beat Q2 profit estimates, with revenue up 9.4% to $3.22 billion, driven by hotter weather and increased energy use.

FILE PHOTO: The logo of energy transport firm TC Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessFuelIndigenousInfrastructureNatural GasNewsPoliticsTransmission

Indigenous communities to borrow C$1 billion for TC Energy pipeline stake: report

Canada’s Indigenous communities plan a C$1 billion bond offering to fund a minority stake in TC Energy’s natural gas pipeline system.

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