Iberdrola optimizes hydroelectric pumping in Galicia and hybridizes a battery with pumping at the Santiago Sil – Xares power plant
Iberdrola already has all the permits and previous authorizations for the improvement and optimization of the Santiago Sil – Xares pumped storage power plant. The project consists of the installation of a static starter and a 5 MWh battery that…
Power supply restored at Mongstad refinery
After the fire in an electrical kiosk on February 15th, the Mongstad plant had a reduced power supply. Equinor mobilized the required competence and capacity to improve the situation. Early Sunday morning, February 18th, the power supply was restored and…
NextEra Energy board declares quarterly dividend and continues above-average targeted growth rate in dividends per share through at least 2026
The board of directors of NextEra Energy, Inc. (NYSE: NEE) declared a regular quarterly common stock dividend of $0.515 per share, an approximate 10% increase versus the prior-year comparable quarterly dividend. This increase is consistent with the plan announced in 2022 of…
Capital increase reserved for employees of TotalEnergies in 2024
In accordance with its policy in favor of employee shareholding, TotalEnergies SE (the “Corporation”) is implementing its annual capital increase reserved for employees and former employees of the TotalEnergies company (the “Company”). Through this operation, TotalEnergies SE intends to continue…
WM Announces Fourth Quarter and Full-Year 2023 Earnings
WM (NYSE: WM) today announced financial results for the quarter and year ended December 31, 2023. Three Months Ended Year Ended December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022 (in millions,…
Core & Main Completes Acquisition of Eastern Supply
Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Eastern Supply Inc. and a related entity (collectively, “Eastern Supply”). With two…
Attorney for Former FirstEnergy CEO Chuck Jones Issues Statement Regarding Mr. Jones’ Indictment
Carole Rendon, an attorney for former FirstEnergy chief executive Chuck Jones, issued a statement in response to the news that Mr. Jones has been indicted in the Summit County Court of Common Pleas. Ms. Rendon, formerly U.S. Attorney for the…
California American Water Appeals Ruling on LAFCO Decision
California American Water is appealing the Superior Court’s December 11, 2023 decision to vacate a Monterey County Local Agency Formation Commission (LAFCO) December 2021 resolution denying the Monterey Peninsula Water Management District (MPWMD) application for authorization to become a retail…
Omnia Midstream Selected by the DOE for Funding Delaware Basin CO2 Sequestration Hub
Omnia Midstream Partners has been selected by the U.S. Department of Energy (DOE) to advance a large-scale carbon storage feasibility study in the Delaware Basin located in West Texas. Omnia’s Permian Regional Carbon Storage (PRCS Hub) project was selected under…
Flame Acquisition Corp. Announces Stockholder Approval of Business Combination With Sable Offshore Corp.
Flame Acquisition Corp. (“Flame”) today announced the results for the proposals considered and voted upon by its stockholders at its special meeting on February 12, 2024. Flame reported that all of the proposals submitted to its stockholders in connection with…
Helmerich & Payne, Inc. Announces Finalization of Contractual Terms with Saudi Aramco for Recent 7-rig Unconventional Gas Award
Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-rig tender award. The seven super-spec rigs were awarded 5-year contracts, with 1-year…
Watts Water Technologies Reports Record Fourth Quarter and Full Year 2023 Results
Watts Water Technologies, Inc., (NYSE: WTS) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the fourth quarter and full year 2023. Chief…
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