NEWS— Click on text to read news by category: General | Product | People | Worldwide
TransAlta Acquires Cogeneration Plant in Michigan for $27 Million
April 2, 2020
Canadian electricity utility TransAlta has acquired a 29MW cogeneration facility in Michigan from two private companies for nearly $27 million. The deal marks the company’s first cogeneration project in the US. The contracted cogeneration asset includes a single GE LM2500
Entergy Louisiana Starts Operations at Lake Charles Power Station, Louisiana
April 2, 2020
US-based integrated energy company Entergy Louisiana said that its 994MW Lake Charles power station in Louisiana has commenced commercial operations. Located in the Westlake region of Calcasieu Parish, the power station is a natural gas-fired, combined-cycle power plant. According to
PBF Energy to Divest Five Hydrogen Production Plants for $530 Million
April 2, 2020
US-based refiner PBF Energy has signed a letter of intent with Air Products and Chemicals to sell five of its hydrogen steam methane reformer (SMR) hydrogen production plants for $530 million in cash. In addition to the sale, the company
Utah’s GOP Congress Submit Letter to Interior Dept. for Royalty Payment Reduction
April 2, 2020
Utah’s Republican members of Congress are joining their Western colleagues in asking the Interior Department to waive or reduce federal royalty payments on oil, gas and coal production on federal lands because they argue the coronavirus outbreak is hurting the
Energy Transfer to Take Over as Project Developer for Lake Charles LNG Project, Louisiana
April 1, 2020
Energy Transfer said that it will take over development of the Lake Charles LNG export project following Shell’s decision to not proceed with an equity investment in the project. Shell advised Energy Transfer that its decision was made in light
YGC Launches Hupbeat to Empower Elite Workforce in Oil & Gas Industry
April 1, 2020
YGC has launched its first new venture, Hupbeat Inc., to maximize workforce flexibility in the energy sector. The U.S. oil & gas sector is facing an oil price plunge due to Saudi Arabia - Russia standoff in addition to the
Alliance Resource Partners Releases Action Plan in Response to Effects of COVID-19 Pandemic
April 1, 2020
Alliance Resource Partners has released a series of actions in response to the rapidly evolving impact of the COVID-19 pandemic. The unprecedented decision by world leaders to lockdown the global economy to combat the deadly virus has crushed demand for
Exelon and ComEd Donate $2 Million to Illinois COVID-19 Response Fund
April 1, 2020
The Exelon Foundation, along with ComEd and Exelon Generation, have made a $2 million to the Illinois COVID-19 Response Fund to help Illinois residents impacted by the pandemic. This donation adds to the more than $1.15 million Exelon and its
Helix to Revise Financial and Operational Performance Guidance for 2020
April 1, 2020
Helix Energy Solutions Group said, in light of the current, significant macroeconomic uncertainty resulting from the recent decline in oil prices and the ongoing COVID-19 crisis, it is withdrawing its previously issued financial and operational performance guidance for 2020. “We
Judge Upholds Trump’s Repeal of Obama-era Fracking Rule
March 31, 2020
A federal judge on Friday upheld the Trump administration’s decision to repeal an Obama-era rule that established standards for hydraulic fracking on federal land. California and several environmental groups sued over the repeal, claiming it was unlawful. California particularly claimed
Page 446 of 753 pages ‹ First < 444 445 446 447 448 > Last ›
