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…
Vertex Energy A prominent specialty refiner and marketer of high-quality refined products and renewable fuels, today announced its financial and operational results for the second quarter of 2024. The Company also provided an update on the optimization of its hydrocracking…
Murphy Oil Corporation (NYSE: MUR) has announced its financial and operational results for Q2 2024. The company reported net income of $128 million, or $0.83 per diluted share. Excluding discontinued operations and other adjustments, adjusted net income was $124 million,…
Occidental Petroleum Corporation today reported net income and adjusted income attributable to common stockholders of $1.0 billion, or $1.03 per diluted share, for the second quarter of 2024. Vicki Hollub, President and Chief Executive Officer, commented, “The strength of our…
Energy Transfer LP (NYSE: ET) (“Energy Transfer” or the “Partnership”) today announced its financial results for the quarter ended June 30, 2024. The Partnership reported net income attributable to partners of $1.31 billion for the three months ended June 30,…
For the third consecutive year, Plenitude, a company under Eni’s control, is the primary sponsor of La Vuelta 24, one of the world’s premier cycling events. This year, Plenitude is also the official Energy Partner, responsible for recharging the electric…
Marathon Petroleum Corporation (NYSE: MPC) and its midstream affiliate MPLX LP (NYSE: MPLX) have released two joint reports detailing their sustainability efforts as the energy sector evolves. The reports include the Sustainability Report and the Perspectives on Climate-Related Scenarios report.…
U.S. Secretary of Energy Jennifer Granholm announced today that the Department of Energy (DOE) will allocate $57 million in cost-share funding to the North Carolina Innovative Transmission Rebuild project. This initiative, involving Duke Energy, the North Carolina Department of Environmental…
Recently, the bulk carrier SHEN HUA 801, owned by the Shipping Company, successfully completed its task of transporting 73,300 tonnes of thermal coal from the Port of Newcastle in Australia to the Houshi Power Plant in Zhangzhou within 50 days.…
Oklo Inc. (NYSE: OKLO), a leader in fast fission clean power technology and nuclear fuel recycling, will hold a conference call to discuss its second quarter 2024 earnings and business updates on Tuesday, August 13, 2024, at 5:00 p.m. Eastern…
CLEAResult, North America’s largest provider of energy efficiency, energy transition, and energy sustainability services, announced today that Wisconsin will utilize the CLEAResult ATLAS™ | IRA Home Energy Rebates platform for its groundbreaking launch of the Inflation Reduction Act (IRA) Home…
Tenet Energy Inc. (“Tenet”), a climate financial technology platform focused on accelerating America’s transition to sustainable energy, and Sunnova Energy International Inc. (“Sunnova”), a leading adaptive energy services provider, have announced a new collaboration. This partnership aims to speed up…