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Home Archives for 2024

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US

Posted By: EN Todayon: August 26, 2024In:
Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US

Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China’s subsidie... Read more

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Meta Platforms strikes geothermal energy deal to power US data centers

Posted By: EN Todayon: August 26, 2024In:
Meta Platforms strikes geothermal energy deal to power US data centers

-Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to supply its U.S. data centers, it said on Monday, as it races to build out the infrastructure to s... Read more

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What technologies, innovative programs, or other new approaches are going to be changing the oil sector in coming years? [National Petroleum Day]

Posted By: EN Todayon: August 26, 2024In:

Tap Into The Experience of the Network One of the great things about our industry is our willingness to share knowledge and experience. The Energy Central Q&A platform allows you to easi... Read more

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Renewables’ Share of U.S. Electrical Generation Increased 10% in 1st Half 2024 and Now Stands at 26%; In June Alone, Wind Grew 32% and Solar Expanded 30%.

Posted By: EN Todayon: August 26, 2024In:

A review by the SUN DAY Campaign of data newly released by the U.S. Energy Information Administration (EIA) confirms that during the first half of 2024 solar and wind were the nation’s faste... Read more

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Natural gas: the fuel of war…

Posted By: EN Todayon: August 26, 2024In:
Natural gas: the fuel of war…

The scramble for natural gas resources has intensified markedly between Asia and Europe following Russia’s incursion into Ukraine in February 2022. This military conflict has upended E... Read more

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New FERC faces old challenges on natural gas pipeline decisions

Posted By: EN Todayon: August 26, 2024In:
New FERC faces old challenges on natural gas pipeline decisions

Driven by recent court actions, the Federal Energy Regulatory Commission is facing a serious challenge to the way it handles natural gas pipeline cases. How the commission will react now tha... Read more

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Stocks making the biggest moves midday: PDD Holdings, Icahn Enterprises, SolarEdge and more

Posted By: EN Todayon: August 26, 2024In:
Stocks making the biggest moves midday: PDD Holdings, Icahn Enterprises, SolarEdge and more

Here are the stocks making notable moves on Monday: PDD Holdings — Shares of the Temu parent company plunged nearly 30% on disappointing second-quarter results. The China-based online retail... Read more

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How investors could net a 60% return from this oil stock, according to Morgan Stanley

Posted By: EN Todayon: August 26, 2024In:
How investors could net a 60% return from this oil stock, according to Morgan Stanley

Investors in Petrobras could see a 60% total return on their holdings, according to Morgan Stanley. Analyst Bruno Montanari upgraded American depositary receipts of the Brazilian oil stock t... Read more

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What’s driving the spike in oil prices

Posted By: EN Todayon: August 26, 2024In:
What's driving the spike in oil prices

Oil prices (CL=F, BZ=F) are rising on Monday as Middle East tensions escalate following an Israeli strike on Hezbollah in Lebanon over the weekend. Also driving prices is Libya’s decis... Read more

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Israel says Hezbollah thwarted but situation on Lebanon border ‘not sustainable’

Posted By: EN Todayon: August 26, 2024In:
Israel says Hezbollah thwarted but situation on Lebanon border 'not sustainable'

By James Mackenzie JERUSALEM (Reuters) – Israeli officials and media reacted with satisfaction on Monday after a long-expected missile attack by the Iranian-backed Hezbollah movement a... Read more

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