Torus, a leader in sustainable energy innovation, has announced the launch of Torus Community, a distributed energy management feature designed to significantly enhance grid resilience. The introduction of Torus Community follows over a year of successful contributions from Torus customers…
Aramco, a global leader in integrated energy and chemicals, has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST) to support research aimed at generating both environmental and commercial benefits. Over the next decade,…
The Government of India has approved the ONGC proposal for additional investment totaling Rs.18,365 Crores resulting in an increase in ONGC’s stake in ONGC Petro-additions Limited (OPaL) from 49.36% to 95.69%. This significant move paves the way for capital restructuring…
First-half year earnings performance Uniper continued its strong first-quarter earnings performance in the second quarter 2024 as well, and raised its earnings forecast. The company recorded an adjusted EBITDA of €1,743 million in the first half of 2024. As anticipated,…
Nevada imports 88% of its fuel from California refineries. Recently, Nevada Governor Joe Lombardo toured Chevron’s El Segundo Refinery in California to learn more about fuel production and Chevron’s operations. Lombardo has expressed concern about the impact of California’s policies…
Florida Power & Light Company (FPL) is working diligently to restore power as Hurricane Debby moves across Florida. After making landfall earlier today in the Big Bend region, FPL has restored power to 214,000 customers by 6 p.m. and will…
Exxon Mobil Corporation today reported second-quarter 2024 earnings of $9.2 billion, or $2.14 per diluted share. The company generated $10.6 billion in cash flow from operating activities, with $15.2 billion in cash flow from operations excluding working capital changes. Shareholder…
Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended June 30 as follows: GAAP EPS Non-GAAP EPS 2024 …
Kodiak Gas Services, Inc. (NYSE: KGS), (“Kodiak” or the “Company”), a leading provider of critical energy infrastructure and contract compression services, today announced that its board of directors has approved an 8% increase in the quarterly cash dividend to $0.41…
Babcock & Wilcox Construction Co., LLC Secures $25 Million Contract for Thermal Power Plant Upgrades Akron, Ohio – [Date] – Babcock & Wilcox (B&W) (NYSE: BW) announced that its subsidiary, Babcock & Wilcox Construction Co., LLC (BWCC), has been awarded…
A new TV ad campaign launched today highlights how California’s policies frequently force families to choose between energy costs and other household expenses. Created by the Western States Petroleum Association (WSPA), the ad will run statewide and is supported by…
Weston & Sampson and Rivermoor Energy have been chosen by the Massachusetts Department of Transportation (MassDOT) to develop ultra-fast electric vehicle (EV) charging stations as part of the National Electric Vehicle Infrastructure (NEVI) program. The duo, recognized for their extensive…