Energy

WASHINGTON — President Biden will visit the world’s largest wind turbine tower manufacturing plant on Wednesday, part of a trip the White House postponed last month due to the Hamas attack on Israel and subsequent military action in Gaza. During... Read More

SAN FRANCISCO — President Biden and Chinese President Xi Jinping have agreed to ramp up renewable energy development over the next seven years in order to speed its replacement of “coal, oil and gas generation.” The announcement of the deal... Read More

PORTSMOUTH, Va. — Siemens Gamesa, the German-Spanish wind engineering company, will not be building a planned $200 million factory to manufacture offshore wind turbine blades in Virginia after all. The massive facility, which had been projected to create more than... Read More

SAN ANTONIO — The San Antonio City Council has approved the largest on-site municipal solar project in Texas, a $30 million initiative that will see the installation of rooftop, parking and park canopy solar systems on 42 city facilities. During... Read More

WASHINGTON — The Biden administration has released a comprehensive online database of large-scale solar energy projects in the U.S. so decision-makers can better understand and plan future projects and researchers can identify emerging trends in the sector. Developed by the... Read More

IDAHO FALLS, Idaho — The partners behind what would have been the United States’ first operational small modular nuclear reactor have pulled the plug on the project, citing dramatically escalating start-up costs and a lack of takers for its energy.... Read More

GOTHENBURG, Sweden — Swedish truck maker Volvo Group said it has prevailed in a bankruptcy auction for a failed EV battery manufacturer that once planned to make batteries for thousands of electric trucks, buses and vans at a factory in... Read More

SPRING, Texas — Exxon Mobil Corporation has completed its acquisition of Denbury Inc., a Plano, Texas-based firm that uses carbon dioxide to extract petroleum from previously exploited oil fields. The all-stock transaction is valued at $4.9 billion. Denbury shareholders approved... Read More

A nonpartisan business group that advocates for clean energy estimates that 403,000 jobs will be created by the 210 major energy projects announced since the Inflation Reduction Act took effect in mid-2022. At least $86 billion in investments have been announced,... Read More

In October, leaders in the hydropower industry gathered in Cincinnati, Ohio, for Clean Currents, a conference dedicated to the world’s original renewable energy — hydropower. Cincinnati was a fitting host; the largest domestic hydropower development this century took place on the... Read More

WASHINGTON — Events large and small happen in the nation’s capital all the time, but few seem to represent the level of promise manifested at the recent Hydrogen Americas 2023 summit at the Ronald Reagan Building and International Trade Center.... Read More

PAVILION, N.Y. — As the days grow shorter and autumn advances toward winter, it’s inevitable to look back at the previous summer and remember the good times enjoyed with family and friends. For many, those good times involve hours spent... Read More

NEW ORLEANS — A federal appeals court has temporarily paused a lower court ruling that required the Biden administration to proceed with and expand a planned offshore oil and gas auction in the Gulf of Mexico. The auction in question... Read More

WASHINGTON — Four new offshore wind energy areas with a combined potential to power more than 3 million homes have been finalized as ready to lease by the Bureau of Ocean Energy Management. The announcement on Friday follows the first-ever... Read More

WASHINGTON — The Bureau of Land Management is extending the public comment period on the proposed new protections for about 13 million acres of pristine wilderness in the National Petroleum Reserve in Alaska. The new deadline for commenting on the... Read More

OMAHA, Neb. — The developer of a proposed $3.5 billion carbon capture pipeline expected to run through four mid- and upper-midwestern states, summarily canceled the project on Friday, citing "the unpredictable nature of the regulatory and government processes involved." The... Read More

SACRAMENTO, Calif. — Gov. Gavin Newsom signed a bill into law last week directing the California Energy Commission to evaluate the feasibility, costs and benefits of using wave energy and tidal energy in the state. Introduced by Democratic state Sen.... Read More

RALEIGH, N.C. — North Carolina has joined a regional effort undertaken by its fellow mid-Atlantic states to assess the region’s existing offshore wind capabilities and identify supply change investments to most effectively leverage the resources. The initiative, called the “SMART-POWER... Read More

NEW ORLEANS — Federal regulators with the Bureau of Ocean Energy Management are moving ahead with a Gulf of Mexico oil and gas lease sale despite the fact it remains the subject of ongoing litigation. At present, the plan is... Read More

WASHINGTON — The Colorado Energy Office and Department of Local Affairs will share in $17.2 million from the Department of Energy intended to help them improve the reliability of the state’s electric grid, while also supporting a major study of... Read More

PHILADELPHIA — President Joe Biden used a trip to Philadelphia today to tout his economic record and announce his administration is investing $7 billion to launch seven regional clean hydrogen hubs across the nation. In a statement released before his... Read More

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion... Read More

WASHINGTON — The Washington, D.C., area’s biggest electrical utility agreed this week to pay a $57 million settlement that will be used to clean up contaminants it dumped into the Anacostia River. The settlement with the D.C. attorney general was... Read More

WASHINGTON — Just weeks after the Biden administration rolled out its national strategy for incorporating hydrogen into the nation’s clean energy mix, entrepreneurs, engineers and energy officials converged in a downtown conference center on Monday to discuss how to harness... Read More

WASHINGTON — In its quest for sustainable and reliable energy sources, the Caribbean, like much of the world, is at a critical juncture. The region is plagued by high energy prices, heavy dependence on petroleum imports and an urgent need... Read More

TULSA, Okla. — In a sign of the changing respective times for the oil and gas sectors in North America, Oneok, Inc., a major player in natural gas, on Monday completed its purchase of Magellan Midstream Partners, a company with access... Read More

WASHINGTON — The U.S. Court of Appeals for the D.C. Circuit on Monday rejected an attempt by the state of Utah to block the Environmental Protection Agency from enforcing a plan to protect downwind states from smog that blows from... Read More

LAKE CHARLES, La. — A federal judge has ordered the Interior Department to proceed with a pending oil and gas lease sale in the Gulf of Mexico without last-minute restrictions added to protect an endangered species of whale. U.S. District... Read More

DAYTON, Ohio — Joby Aviation, Inc., a major player in the emerging electric aircraft sector, announced Monday it will invest up to $500 million to build a first-of-its-kind manufacturing plant near Dayton International Airport. The new plant will build, test... Read More

OAKLAND, Calif. — California is suing five of the largest oil and gas companies in the world for allegedly engaging in a decadeslong campaign of deception related to climate change and doing nothing as the state endured the growing problems... Read More