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,…
Energy Transfer LP (“Energy Transfer” or the “Partnership”) (NYSE: ET) has announced the pricing of an underwritten secondary public offering of 38,755,996 common units representing limited partner interests (the “common units”) at a public offering price of $15.78 per unit.…
AI, grid-enhancing technologies, energy cost stabilization, enabling sustainable load growth, advancing electrification, and more will be at the forefront of Pacific Gas and Electric Company’s (PG&E) 2024 Innovation Summit, presented by DISTRIBUTECH® on November 13 in San Jose. The summit…
National 811 Day serves as a vital reminder of the importance of making a free call to 811 before starting any digging project, no matter the size. Whether you’re a homeowner or a contractor, dialing 811 can help ensure the…
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.…
As Hurricane Debby intensified in the Gulf of Mexico over the weekend, Georgia Power ramped up its preparations for potential damage and power outages. Although the hurricane’s exact path and strength remain uncertain, the company is ready to adjust its…
Duke Energy is gearing up for the tropical storm expected to hit the Carolinas later this week. The storm is anticipated to bring heavy rain and strong winds, potentially causing widespread outages. In response, Duke Energy will deploy 6,900 skilled…
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…
Duke Energy Florida has successfully restored power to 90% of its customers within 24 hours of Hurricane Debby’s landfall in the Big Bend. The company’s crews are continuing their dedicated efforts to restore power to the remaining areas most affected…
Following the completion of the acquisition of a 77% stake in Elk Valley Resources (EVR) on July 11, 2024, we initiated a consultation process to gauge shareholder opinions on whether to retain or demerge the coal and carbon steel materials…