Utilities

Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord

Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.


Millions of Americans Exposed to Gas Stoves Face Higher Risk of Breathing More Unhealthy Nitrogen Dioxide: Study

A recent study on air pollution in American households revealed that those using gas or propane stoves are exposed to consistently high levels of nitrogen dioxide, which can be detrimental to their he..

Icons: Airbnb Launches Hollywood-Theme Houses Inspired From ‘Up,’ ‘X-Men 97’ Mansion

Airbnb is expanding its reach into the world of entertainment, specifically film and television, through its latest venture called Icons...

British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations

UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress...


Latest News

Siemens considers bid for Dresser Rand: reports
Germany's Siemens (SIEGn.DE) is considering a bid for compressor and turbine maker Dresser-Rand (DRC.N) that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer (SUN.S),
All Group Financial Services Inc. Advises of Oando Energy Resources Inc. Control Block Distribution
All Group Financial Services Inc. ("All Group") advises that it has been appointed by Oando PLC, a control block holder of Oando Energy Resources Inc. ("OER" or the "Company") (TSX:OER), to facilitate
BP can absorb new oil spill fine, analysts say
BP should be able to meet the cost of up to $18 billion of new fines for the 2010 Gulf of Mexico oil spill without major asset sales or a big cut in its dividend, analysts say.
JPMorgan in talks to sell oil-supply agreement to BoA
JPMorgan Chase & Co (JPM.N) is in talks to sell its oil-supply agreement with a major Philadelphia refinery to Bank of America Corp (BAC.N), the Wall Street Journal reported Tuesday, citing people fam
India's Reliance plans $13 million projects including new refinery
India's Reliance Industries (RELI.NS) is considering investing about $13 billion to build new projects, including a 400,000 barrels per day (bpd) refinery at its Jamnagar complex to boost profit by pr
Citi and HSBC among banks to manage $3 bln ONGC share sale -sources
Citigroup and HSBC are among five banks chosen to manage India's planned sale of a stake in state oil company Oil and Natural Gas Corp (ONGC), three sources with direct knowledge of the development sa
Miner Cliffs plans share buyback, may modify debt agreements
Miner Cliffs Natural Resources Inc (CLF.N) said on Monday it will try to remove restrictions on its debt agreements so it can buy back up to $200 million worth of shares.
Chevron seeks up to $1.5 billion for Canadian oil project - sources
Chevron Corp (CVX.N) has been searching for up to $1.5 billion of equity investment to help develop its Duvernay shale formation assets in Canada and contacted potential investors including private eq
Behind Indonesia mining deal, newly minted minister and U.S. mining legend
As negotiations to resolve an increasingly bitter dispute over Indonesian mining rules teetered on the brink of collapse, the chairman of Freeport-McMoRan Inc James "Jim Bob" Moffett flew to Jakarta f
Germany gives nod to RWE unit sale to Russian investor: sources
Germany's economy ministry will approve the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people
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