ENER

Energy investment strategy update fails to win over environmentalists

Energy investment strategy update fails to win over environmentalists

June 24 (Reuters) – Years-long talks over updating an international energy investment ended on Friday with a provisional deal which would allow the exclusion of fossil fuels interests but not fast enough to silence environmental campaigners’ complaints that it generals efforts to curb climate climate change. The 1994 Energy Charter Treaty (ECT) was designed to …

Energy investment strategy update fails to win over environmentalists Read More »

Column: Green hydrogen may be energy’s future, but it’s complicated

Column: Green hydrogen may be energy’s future, but it’s complicated

A new hydrogen fuel cell truck made by Hyundai is pictured at the Verkehrshaus Luzern (Swiss Museum of Transport) in Luzern, Switzerland October 7, 2020. REUTERS/Denis Balibouse Register now for FREE unlimited access to Reuters.com Register DEVONPORT, Australia, June 23 (Reuters) – Green hydrogen is often touted as the future of energy, providing a flexible …

Column: Green hydrogen may be energy’s future, but it’s complicated Read More »

Cheniere Energy authorizes expansion at Texas LNG export plant

Cheniere Energy authorizes expansion at Texas LNG export plant

A sign of US LNG company Cheniere is seen at the registration counter at the International Conference & Exhibition on Liquefied Natural Gas (LNG2019) in Shanghai, China April 1, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register June 22 (Reuters) – Top US liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) …

Cheniere Energy authorizes expansion at Texas LNG export plant Read More »

Umicore plan to double down on battery business knocks almost  bln off market cap

Umicore plan to double down on battery business knocks almost $1 bln off market cap

A car is plugged in at a charging point for electric vehicles in London, Britain, March 6, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Umicore plans to invest 5 bln euros in batteries by 2026 Shares tumble 10%, wiping nearly $1 bln from market cap Suppliers of electric vehicle batteries …

Umicore plan to double down on battery business knocks almost $1 bln off market cap Read More »

Column: Green hydrogen may be energy’s future, but it’s complicated

Harbor Energy CEO warns of lower UK investment due to windfall tax

LONDON, June 21 (Reuters) – The North Sea’s largest oil and gas producer, Harbor Energy (HBR.L), has told the British government that Britain’s planned windfall tax on the energy sector will shrink the company’s investment in the country. With oil and gas prices soaring and households feeling the hit from higher prices across the board, …

Harbor Energy CEO warns of lower UK investment due to windfall tax Read More »

Australia power crisis forces manufacturers to eye offshore moves, production cuts

Australia power crisis forces manufacturers to eye offshore moves, production cuts

SYDNEY, June 20 (Reuters) – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to pressure on the government to resolve the country’s energy crisis. The CEOs of Brickworks Ltd (BKW.AX), the country’s largest brickmaker, and Boral Ltd …

Australia power crisis forces manufacturers to eye offshore moves, production cuts Read More »

Australian power station fire will not worsen energy crisis -market operator

Australian power station fire will not worsen energy crisis -market operator

The Liddell coal-fired power station is pictured in the Hunter Valley, north of Sydney, Australia, April 9, 2017. REUTERS/Jason Reed/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register SYDNEY, June 19 (Reuters) – A fire that ripped through a New South Wales power station on the weekend will not affect electricity supply, …

Australian power station fire will not worsen energy crisis -market operator Read More »

US energy chief to discuss record pump prices with refiners next week

US energy chief to discuss record pump prices with refiners next week

WASHINGTON, June 16 (Reuters) – US Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure over record prices with inflation …

US energy chief to discuss record pump prices with refiners next week Read More »