Energy Industry News

A collection of Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

financialpost.com - Geoffrey Morgan - Fresh Keystone XL cancellation 'disappointing' for Canadian energy industry as TC Energy shares fall
Fresh Keystone XL cancellation 'disappointing' for Canadian energy industry as TC Energy shares fall
financialpost

CALGARY — The Canadian energy industry reacted with disappointment and anger — but not necessarily surprise — Monday following reports that incoming U.S. president Joe Biden would revoke presidential permits for TC Energy's…

ft.com - David Sheppard, Energy Editor - International Energy Agency cuts estimate of 2021 oil demand
International Energy Agency cuts estimate of 2021 oil demand
Financial Times

Global oil demand will be lower in 2021 than previously expected, the International Energy Agency said on Tuesday, as renewed lockdowns to contain the coronavirus pandemic hit consumption. The IEA said oil demand would be 600,000 barrels a day…

ft.com - Stephanie Findlay in New Delhi and Anjli Raval in London - Total deepens ties with India's Adani in $2.5bn green energy investment
Total deepens ties with India's Adani in $2.5bn green energy investment
Financial Times

Total has acquired a 20 per cent stake in Adani Green Energy in a $2.5bn deal that deepens the French energy major's renewables push and its relationship with Indian tycoon Gautam Adani's empire. The investment announced on Monday was at a nearly…

theglobeandmail.com - Jeffrey Jones - Power Corp. unit partners with insurers, financial firms to launch green energy fund
Power Corp. unit partners with insurers, financial firms to launch green energy fund
The Globe and Mail

Montreal's Desmarais family and a group of financial institutions have launched a $1-billion investment fund to buy into solar and wind energy projects in the latest show of Canadian financial might for the renewable sector. The sustainable energy…

reuters.com - Reuters Staff - CANADA STOCKS-TSX inches higher as mining gains overcome energy losses
CANADA STOCKS-TSX inches higher as mining gains overcome energy losses
Reuters

Jan 18 (Reuters) - Canada's main stock index edged higher on Monday as strength in major miners, on the back of robust metal prices, offset losses in the energy sector, while a U.S. holiday kept trading volumes low. * At 9:46 a.m. ET (14:46 GMT)…

nytimes.com - Michael D. Shear - Biden to Cancel Keystone XL Pipeline in Inauguration Day Executive Order
Biden to Cancel Keystone XL Pipeline in Inauguration Day Executive Order
The New York Times

WASHINGTON — President-elect Joseph R. Biden Jr. is expected to cancel the Keystone XL pipeline permit on his first day in office, quickly reversing his predecessor's approval of a project to move oil from Canada to the Gulf of Mexico long…

abcnews.go.com - Soo Rin Kim - Biden energy secretary nominee Jennifer Granholm has millions in energy investments, per new filing
Biden energy secretary nominee Jennifer Granholm has millions in energy investments, per new filing
ABC News

President-elect Joe Biden's energy secretary pick, Jennifer Granholm, has disclosed millions of dollars of investments in corporate and private business interests, including millions in companies linked to the energy industry, as lawmakers prepare…

msn.com - TC Energy plans net zero emissions for Keystone XL even as project's future in doubt
TC Energy plans net zero emissions for Keystone XL even as project's future in doubt
MSN.com

CALGARY — TC Energy Corp. has announced a plan for its Keystone XL project to achieve net zero emissions when it is placed into service, even as the future of the pipeline expansion appeared in doubt. Transition documents suggest Joe Biden…

cointelegraph.com - William Noble - Crypto Chi: The future (and energy) of money and technology
Crypto Chi: The future (and energy) of money and technology
Cointelegraph

Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital…

express.co.uk - Sarah O'Grady, Social Affairs Correspondent  - Energy bills set to rocket by £90 a year for 11 million households
Energy bills set to rocket by £90 a year for 11 million households
Express.co.uk

Energy consultants Cornwall Insight believe millions of customers may have to find an extra £87 a year. Their analysts said Ofgem's usual formula for calculations could result in a £66-a-year increase for a typical household. This is…

pv-magazine.com - Emiliano Bellini - Is China really opening its energy market to EU enterprises?
Is China really opening its energy market to EU enterprises?
pv magazine International

China and the European Union recently signed the Comprehensive Agreement on Investment (CAI), which will give EU companies more access to the Chinese market. Please describe the access that EU companies had to the Chinese market before the deal…

renewableenergymagazine.com - PV - Government data reveals UK cities investing the most in solar energy - Renewable Energy Magazine, at the heart of clean energy journalism
PV - Government data reveals UK cities investing the most in solar energy - Renewable Energy Magazine, at the heart of clean energy journalism
renewableenergymagazine.com

The pandemic has taken a toll on the economy, but it's still imperative for councils to fight the effects of global warming. Along with investment in wind energy, councils must continue work on other areas if Britain are to achieve net zero by…

ft.com - Jim Pickard in London and Nathalie Thomas in Edinburgh - Kwasi Kwarteng, the free marketeer learning benefits of state action
Kwasi Kwarteng, the free marketeer learning benefits of state action
Financial Times

Twenty-five years ago Kwasi Kwarteng appeared on page three of The Sun newspaper after muttering “oh fuck I've forgotten” during an episode of the TV quiz University Challenge. Now the 45-year-old MP for Spelthorne in Surrey is making…

businessgreen.com - Solar Trade Association rebrands as Solar Energy UK
Solar Trade Association rebrands as Solar Energy UK
Business Green

The sun has set on the Solar Trade Association, ahead of a new dawn for the trade body as it this week's relaunches as Solar Energy UK. The organisation - which represents over 230 companies from across the solar and energy storage sectors -…

euractiv.com - Slovakia suddenly a frontrunner in renewable energies
Slovakia suddenly a frontrunner in renewable energies
EURACTIV.com

19-01-2021 (updated: 19-01-2021) Slovakia suddenly became one of the EU's leading countries when it comes to green energy consumption. [ Shutterstock/ Anton_Medvedev ] Slovakia suddenly became one of the EU's leading countries when it comes to…

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