Energy Industry News
A collection of Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
German government to subsidize industry's energy prices in bid to revitalize economy
BERLIN -- Germany's governing coalition agreed to subsidize energy prices for heavy industry over the next three years as it tries to breathe new life into a stubbornly slow economy that is weighing on Europe's performance. Chancellor Friedrich…
Future data centers are driving up forecasts for energy demand. States want proof they'll get built
HARRISBURG, Pa. -- The forecasts are eye-popping: utilities saying they'll need two or three times more electricity within a few years to power massive new data centers that are feeding a fast-growing AI economy. But the challenges — some…
Dominion Energy: Is This The Buy-The-Dip Moment?
(Photo by Andrew Wevers/Getty Images) Dominion Energy (D) has continued to trade cautiously as investors weigh the company's restructuring progress, pending rate-case decisions, and a still-uncertain interest-rate environment. While sentiment…
Kosmos Energy Ltd. stock falls Friday, underperforms market
Shares of Kosmos Energy Ltd. KOS slipped 1.39% to $1.42 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.13% to 22,900.59 and the Dow Jones Industrial Average DJIA…
Suncor Energy Inc. stock rises Friday, outperforms market
Shares of Suncor Energy Inc. SU rose 1.62% to C$62.17 Friday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.24% to 30,326.46. Suncor Energy Inc. closed 0.7%…
TC Energy Corp. stock rises Friday, outperforms market
Shares of TC Energy Corp. TRP rallied 1.41% to C$77.45 Friday, in what proved to be an all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.24% to 30,326.46. TC Energy Corp. hit a new 52-week…
Powering Tomorrow: An Energy Infrastructure Renaissance For The AI Age
Ronald Bisio is Senior Vice President, Field Systems, at Trimble. The escalating demand for artificial intelligence (AI) is a generational opportunity to transform our critical infrastructure for the better. Global data center power demand is…
Devon Energy Corp. stock outperforms competitors on strong trading day
Shares of Devon Energy Corp. DVN advanced 2.28% to $35.84 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.05% to 6,734.11 and Dow Jones Industrial Average DJIA falling 0.65%…
Australian energy minister to push for hosting COP31 at Brazil climate summit
SYDNEY (Reuters) -Australia's Energy Minister Chris Bowen said he would travel on Saturday to the COP30 climate summit in Brazil to push forAustralia to host next year's summit,amid a stand-off with rival bidder Turkey. Australia and Turkey…
Energy Transfer LP stock outperforms competitors on strong trading day
Shares of Energy Transfer LP ET rallied 2.29% to $17.01 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.13% to 22,900.59 and the Dow Jones Industrial Average DJIA…
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0719 GMT – Seatrium's potential S$30 billion order pipeline keeps CGS International analysts bullish on…
Letter: Clean energy is cheapest
Letters submitted by BDN readers are verified by BDN Opinion Page staff. Send your letters to letters@bangordailynews.com China has beaten us on many business fronts lately, but none more so than in the clean renewable energy market — from…
America's energy bills shouldn't fund Big Tech's data centers
Secretary of Energy Chris Wright recently sent a letter to the Federal Energy Regulatory Commission directing it to open a rulemaking to facilitate access to the electrical grid by both new generating facilities and AI data centers. The proposed…
Spain allocates €2 billion to expand clean energy and industry programs
Spanish Minister for Ecological Transition Sara Aagesen has unveiled a €2 billion aid package aimed at strengthening Spain's industrial value chain and accelerating the nation's energy transition. Primarily funded through the Recovery…
DTE Energy Company (DTE) Stock Forecasts
DTE Energy is a Detroit-based diversified energy company with gas and electric operations with generation, transmission, and distribution operations. Its subsidiaries include Detroit Edison, an electric utility serving 2.3 million customers in…
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