energy

BEIJING – Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as …

LONDON – Centrica’s British Gas said on Thursday it will raise its standard variable tariff from April 1 in line with energy market regulator Ofgem’s price cap increase. Earlier this …

– Oil and gas producer Crescent Energy said on Wednesday it would buy around 145,000 net acres of oil- and gas-producing assets in the Uinta Basin of Utah from privately …

By Timothy Gardner WASHINGTON – The U.S. Department of Energy said on Friday it is seeking input from utilities, communities and advocates as it develops its new program to boost …

A former Keystone XL Pipeline worker, who was laid off after President Joe Biden canceled the project in 2021, slammed the president Wednesday for prioritizing green energy programs. Neil Crabtree, …

By Bartosz Dabrowski -Linde, the world’s largest industrial gas company, is targeting 10%-13% growth in adjusted earnings per share (EPS) in 2022, after reporting better-than-expected fourth-quarter earnings on Thursday. The …

By Ron Bousso and Nerijus Adomaitis LONDON – Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure …

By Nerijus Adomaitis and Nora Buli OSLO – Norway’s Equinor will pay out $10 billion to shareholders this year after it reported record fourth-quarter pretax profits, joining European rivals in …

By Adriana Barrera MEXICO CITY – The top U.S. business lobby in Mexico on Tuesday raised concerns about a bill that would strengthen state control of the power market at …

Department of Energy Secretary Jennifer Granholm suggested that solar panels and wind farms could be the key to ensuring world peace in the future. Solar, wind and other renewable sources …

By Clyde Russell LAUNCESTON, Australia – Rio Tinto’s decision to go public with a self-damning report into its workplace culture should be a watershed moment for a wider mining industry …

SHANGHAI – A U.S. extension of tariffs on solar products distorts international trade and hinders the development of clean, low-emission energy, China’s commerce ministry said on Saturday. President Joe Biden …

The top House Republican on a key oversight subcommittee has pushed a series of conflict-of-interest probes into the Biden administration over its ties to the renewable energy industry. Republican South …

Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to the central bank’s mission. The …

The European Union released a proposal that would define liquified natural gas (LNG) and nuclear energy as “green” energy, opening both up for greater investment across the region. Both natural …

From the Desk of NJ Senator Anthony Bucco Senator Anthony M. Bucco (R-25) blasted the Murphy Administration for what may be its very first admission about the actual cost impacts …

-Chevron Corp and Marathon Oil Corp on Wednesday became the latest U.S. oil and gas companies to raise quarterly dividends as a rebound in fuel demand drives energy prices higher. …

The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas prices. The DOE approved the release …

By Stephen Jewkes, Crispian Balmer and Vladimir Soldatkin MILAN/MOSCOW – Russian President Vladimir Putin stressed the importance of ties between Russia’s energy industry and Italy as he addressed Italian business …

TOKYO – Japanese Prime Minister Fumio Kishida said on Tuesday recent price rises in the country were driven largely by rising energy and global commodity costs. “It’s desirable to create …

By Michael Nienaber BERLIN – German Chancellor Olaf Scholz’s three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable …