ACP Issues Statement on DOI’s New Review Procedures for Energy Projects

The American Clean Power Association (ACP) has issued a statement regarding the new lengthy review procedures from the Department of the Interior regarding solar and wind development:  “The recently released memo from…

Xcel Energy Announces Fresh Portfolio Of Power Projects To Support Growing Electricity Needs In Texas & New Mexico

Xcel Energy has unveiled a significant expansion of its power generation portfolio to meet the fast-growing energy demand in its Texas and New Mexico service areas. This comprehensive plan includes…

Azerbaijan’s Sovereign Wealth Fund To Buy Minority Stake In 402 MW Of Solar Projects From Enfinity Global In Italy

Representational image. Credit: Canva The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has entered into an agreement with Enfinity Global, a prominent renewable energy company, to acquire a…

Sungrow Launches Its Next-Gen Energy Storage System For Homes, Promising Smarter And Safer Power Solutions

Sungrow, a global leader in PV inverter and energy storage solutions, has introduced its next-generation residential energy storage system (ESS) at the 2025 Southeast Asia Distribution Summit. This new solution…

US Firms to Develop Syria Energy Masterplan After Trump Lifts Sanctions

By U.S. President Donald Trump meets with Syrian President Ahmed al-Sharaa in Riyadh, Saudi Arabia, in this handout released on May 14, 2025. Get the Latest US Focused Energy News…

US Drillers Add Oil and Gas Rigs For First Time in 12 Weeks, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes said in its closely followed…

Exxon vs. Chevron Battle Sets Stage For Oil Industry’s Race for Prize Assets: Bousso

By Ron Bousso Chevron wins legal dispute over Hess’s stake in Guyana’s Stabroek oil block Exxon-Chevron rivalry shapes U.S. energy sector, competing for dominance in shale oil Oil firms face…

US Natgas Prices Edge Up to 3-Week High as Heat Boosts Air Conditioning Use

(Reuters) – U.S. natural gas futures edged up about 1% to a three-week high on Friday as hot weather forces power generators to burn lots of the fuel to keep…

SLB Beats Quarterly Profit Estimates on Steady Oilfield Services Demand

July 18 (Reuters) – Top oilfield services firm SLB (SLB.N) narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped…

Chevron Closes Hess Acquisition After Winning Exxon Legal Battle

By Hess takeover is one of largest energy deals in decades Chevron CEO’s strategy hinged on completing acquistion Exxon says it disagrees with arbitration court decision Shares in Chevron, Exxon…