Energy Industry News
A collection of Energy latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
A Copper Mine Could Advance Green Energy but Scar Sacred Land
SUPERIOR, Ariz. — As Wendsler Nosie finished his evening prayers sitting before a mesquite fire, a ceremonial yucca staff festooned with eagle feathers by his side, he gazed sternly toward a distant mesa where mining companies hope to…
Energy Sector Predictions For 2023
I always like to get in my energy predictions in early January, so this is a bit later than normal. Last year's predictions were especially tough, because Russia's invasion of Ukraine really upended the energy markets. The ongoing war there is…
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Yellen seeks to drum up private sector support for South Africa's energy transition
EMALAHLENI, South Africa, Jan 27 (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday visited South Africa's coal mining region of Mpumalanga, pledging America's firm support to ensure the country's transition to renewable energy does not…
UK Sits Out Dispute Between US and EU on Green Energy Subdidies
Britain has no plans to respond to US and European Union subsidies for green industries because the country “has nothing to subsidize,” a leading environmental economist said. Matthew Agarwala, economist at the Bennett Institute for…
Promises of 'fair' energy
Deputy Prime Minister and Palang Pracharath Party (PPRP) leader Gen Prawit Wongsuwon has caused a big splash in politics with his two 'open letters', adding some colour to predictable Thai politics. Keeping the momentum going, the PPRP this week…
Energy transition investments hit $1.1 trillion - with a T - last year
After years of bumbling along, investment in the energy transition appears to be taking off. Businesses, financial institutions, governments and end users around the world sunk $1.11 trillion into low-carbon technologies, according to a new report…
Businesses must lead in transition to clean energy and net zero: execs
Getting companies and consumers to be sustainable will require transparency, cooperation, and trust. The transition to clean energy isn't a choice, executives told Insider. The net-zero shift must be 'affordable, safe and reliable, and clean.' Sign…
Rollout of overseas power link leaves UK reliant on neighbours for energy
Interconnectors make renewables' output more reliable but are vulnerable to security threats From a remote field in Lincolnshire, teams of engineers are installing a high-voltage cable to carry electricity 765km to and from Denmark. The world's…
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EU must answer U.S. clean energy subsidies, commissioner says on Washington visit
WASHINGTON, Jan 27 (Reuters) - The European Union wants a deal quickly with the United States to resolve a dispute over U.S. electric vehicle tax credits, but the EU must pursue its own green technology subsidies to keep investment at home, EU…
How to invest, energy stocks to buy now: Top 1% value fund manager
Top-1% value fund manager Scott Barbee shared the investing strategy that's brought him success. The vast majority of his investments are in the energy and materials sectors. Here are five investing rules that Barbee follows, along with eight of…
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Wall St Week Ahead Recession fears pose challenge to energy shares after stellar year
NEW YORK, Jan 27 (Reuters) - A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year's stunning run, despite valuations that are seen as still comparatively…
Europe's Energy Crisis Leaves Almost All Of Pakistan Without Power
Pakistan faced an almost nationwide power outage on Monday. A significant energy shortage is one of the main drivers of the nation's current economic crisis. The energy crisis in Europe has made Pakistan vulnerable to high fuel prices. The…
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Ex-legislator tests lobbying revolving door law by repping big energy companies
AUSTIN — A former Texas representative is testing a state law meant to crack down on the revolving door between the Legislature and lobbying firms. Chris Paddie, a Republican who represented parts of far East Texas for a decade, chaired one…
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New Petrobras CEO says to drive energy shift while expanding oil and gas
SAO PAULO, Jan 27 (Reuters) - The new chief executive of Petrobras (PETR4.SA) told employees the oil company will drive Brazil's transition to renewable energy, while keeping its oil and gas expansion on track. The first remarks by Jean Paul Prates…
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Why this money manager sees 'compelling' valuations for Canadian banks and energy
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