Banco BV Introduces New Credit Options For Solar Energy, Enhancing Flexibility For Customers

Representational image. Credit: Canva BV Bank, a major player in Brazil’s financial services sector and a leader in solar panel financing, has expanded its clean energy financing portfolio with the…

National Grid Renewables To Move Forward Under New Name Geronimo Power

Brookfield Asset Management, along with its institutional partners, has announced that following the acquisition of National Grid Renewables, the company will now operate under the name Geronimo Power. This rebranding…

US Driving Season Starts Strongly for Oil Refiners

At least for now, the allure of cheaper gasoline appears to be outweighing concerns consumers may have about the economy. By More Americans hit the road last Memorial Day weekend…

US Regulators Approve Some Construction at Venture Global’s CP2 LNG Plant

U.S. regulators gave Venture Global permission on Friday to proceed with some construction activities at its proposed CP2 LNG facility in Louisiana, according to a Federal Energy Regulatory Commission document.…

EU Set to Propose More Flexible 2040 Emissions Target

The European Commission considers allowing European Union countries more flexibility in reaching a 90% emissions cut target by 2040, diplomats told Reuters on Friday, amid growing backlash against the too…

Supertanker With Russian Oil Anchored Near China Could Signal Weak Demand

A supertanker carrying 2.1 million barrels of Russia’s Far Eastern ESPO crude grade has been anchored near China for days in what traders say is an unusual pattern that could…

Oil and Gas Firm EOG Strengthens Utica Footprint with $5.6 Billion Encino Deal

The deal signed with Canada Pension Plan Investment Board (CPP) and Encino Energy will give EOG access to additional 675,000 net core acres and expand its multi-basin portfolio to more…

US Axes 24 Clean Energy Projects, Including at Exxon’s Baytown

By WASHINGTON, May 30 (Reuters) – The U.S. has axed awards to 24 green energy projects issued during President Joe Biden’s administration that totaled more than $3.7 billion, including one…

US Drillers Cut Oil and Gas Rigs to Lowest Since November 2021, Baker Hughes Says

By May 30 (Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest…

US Targets Geothermal Projects for Emergency Permitting

By WASHINGTON, May 30 (Reuters) – The U.S. Department of the Interior said on Friday it was implementing emergency permitting procedures to accelerate reviews of geothermal energy projects as part…