Pacific Coast Oil Trust (OTC: ROYTL), a royalty trust established by Pacific Coast Energy Company LP (PCEC), announced that there will be no cash distribution for unitholders of record on October 31, 2024. This decision is based on net profits…
CRH (NYSE: CRH), a leading building materials solutions provider, has launched Romania’s first wind farm dedicated to powering a cement plant. This renewable energy project will supply a significant portion of the Medgidia Cement Plant’s electricity needs, reducing its carbon…
Enbridge Inc. (TSX: ENB) (NYSE: ENB) announced that it will not exercise its option to redeem the outstanding Cumulative Redeemable Preference Shares, Series 9 (TSX: ENB.PF.A) on December 1, 2024. Consequently, Series 9 shareholders have the option to convert their…
Starting November 1, Duke Energy Carolinas customers in South Carolina will see lower electric rates due to the annual adjustment for fuel costs approved by the Public Service Commission of South Carolina (PSCSC). Residential customers using 1,000 kilowatt-hours (kWh) per…
Iberdrola and Norges Bank Investment Management have integrated the first 50 MW of solar photovoltaic (PV) capacity from their ongoing 2,500 MW renewables partnership. The newly commissioned Peñarrubia project in Murcia marks the first solar asset contributing to this €2…
Avantus has announced the sale of the Catclaw Solar and Energy Storage Project to D.E. Shaw Renewable Investments (DESRI). Located in Buckeye, Arizona, the project boasts up to 225 MWac of solar capacity and 250 MW/1,000 MWh of energy storage.…
Hassana Investment Company (Hassana) and EIG, a leading global energy and infrastructure investor, have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East. The partnership will leverage EIG’s targeted $1 billion…
LevelBlue, a provider of managed network security services and threat intelligence, has released its 2024 Futures Report: Cyber Resilience in Energy and Utilities, highlighting major challenges energy and utility leaders face as they contend with rising cyber threats and demands…
Mirion Technologies (NYSE: MIR), a leader in advanced radiation safety solutions, has secured two major contracts to support the Sizewell C project, a 3.2-gigawatt nuclear power station in East Suffolk, UK. Utilizing EDF’s expertise and EPR (European Pressurized Reactor) technology,…
TerraPower, a leading developer of advanced nuclear energy, has signed a term sheet with ASP Isotopes Inc. to increase global production of high-assay low-enriched uranium (HALEU). This agreement marks the initial phase of a larger partnership: TerraPower will invest in…
OCP Group and ENGIE have formed a strategic partnership to accelerate OCP Group’s energy transition and support Morocco’s energy transformation. This Joint Development Agreement (JDA) sets the stage for multiple innovative projects in renewable energy, energy storage, green hydrogen and…
The energy transition is crucial for Europe’s competitiveness and demands stable regulations, substantial grid investment, and the integration of digital technology and AI, according to Iberdrola leaders at the recent Enlit conference in Milan from October 22-24. Enlit, a leading…