IFC (International Finance Corporation) and the Italian Climate Fund today announced a $210 million investment in Eni S.p.A.’s Kenya subsidiary to expand the production and processing of advanced biofuels, supporting the decarbonization of the global transport industry and the livelihoods…
National Grid is inviting communities in Derbyshire to comment on proposals for a new clean electricity power line project, which will help bolster energy supplies in the region and support the UK’s energy security strategy and net zero targets. The…
The Board of Directors of Valero Energy Corporation (NYSE: VLO, “Valero”) has declared a regular quarterly cash dividend on common stock of $1.07 per share. The dividend is payable on June 28, 2024 to holders of record at the close…
Business highlights Financial performance Accelerated normalisation of energy marketHigh pace of growth in Renewables, with 7 GW of capacity under construction at end-March 2024Start of commercial operations at Coya in Chile, the largest battery storage unit in Latin AmericaThreshold of 1…
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) strongly disagrees with the final decision issued today by the Delaware Chancery Court (the “Court”) allocating liability for earlier determined damages in an ongoing class action lawsuit related to…
Uniper has signed a share purchase agreement with local project developer Photon Energy Group for the acquisition of a photovoltaic project with a capacity of 20.4 megawatts (MW). The closing is expected by the end of 2024, after achieving e.g.…
Uniper is now offering the AI assistant Copilot for Microsoft 365 to all its employees. The company is thus going on the offensive in terms of digitalization, as only a few companies in Germany have rolled out AI on a…
Baker Hughes (NASDAQ: BKR), an energy technology company, released its 2023 corporate sustainability report Wednesday, outlining progress in advancing sustainability through improved performance in its environmental, social and governance (ESG) metrics. Specifically, the Company reported a reduction of Scope 1 and…
For leading experts in virtual reality technology and the energy sector, the Apple Vision Pro price tag is a small price to pay for a more effective and safe way to train workers in hazardous environments. In collaboration with independent,…
Energy Safety Canada, the national safety association for Canada’s energy industry, is pleased to announce the appointment of Vineeta Maguire as the new President and Chief Executive Officer effective June 11, 2024. Vineeta will succeed Murray Elliott, who announced his…
Reference is made to the announcement made by Hafnia Limited (the “Company”) on 15 May 2024 announcing the Company’s first quarter results and cash dividend. Key information relating to the cash dividend paid by the Company for the first quarter…
Babcock & Wilcox Enterprises, Inc. (“B&W” or the “Company”) (NYSE: BW) announced results for the first quarter 2024. “We are pleased to report a strong start to the year, highlighted by first quarter consolidated revenue and Adjusted EBITDA that exceeded…