FuelCell Energy cuts 22% of its staff as part of a restructuring plan
FuelCell Energy, a renewable energy company, announced on Friday that it had laid off 22 percent of its staff as part of an overall restructuring plan designed to reduce…
Freepoint Commodities sued by ex-analyst for alleged pressure to facilitate insider trade
Former senior analyst of U.S. trading firm Freepoint Commodities, a former senior analyst has filed a lawsuit against the company. He claims that top executives pressed…
Utility Vistra buys natural gas assets worth $1.9 billion for power needs
Vistra, a utility, announced on Thursday that it will acquire seven natural-gas generation facilities with a combined power of 2,600 megawatts from Lotus Infrastructure Partners, for $1.9 billion.
US Supreme Court dismisses state climate lawsuits against oil companies
The U.S. Supreme Court on Monday rejected a bid from 19 Republican-led state led by Alabama, to stop five Democratic-led state from pursuing lawsuits against major oil…
Trump's tariffs against Canada could increase US electricity bills
According to grid operators and energy experts, the rising U.S. electricity prices could rise even more in certain parts of the nation if the 10% tariffs on energy imposed…
Climate tech firms receive $80 million for removing carbon from paper mills and sewage plants
SAN FRANCISCO, Dec. 17 - Google H&M Stripe, and other members of the Climate-focused Frontier Coalition will purchase $80 million in carbon credits from a company that…
Change of Ørsted Region Americas CEO
Ørsted announced today that David Hardy, Group EVP and CEO Americas, has decided to leave the company to join GE Vernova as Chief Commercial Officer, Wind. He will step…
Maguire: Slow rollout of charge points could stall US EV sales momentum
The United States has seen a 140% increase in electric vehicle sales since 2023. However, further growth could be hindered if public charging stations are not rolled out more evenly and at a slower pace.
Maguire: Slow rollout of charge points could stall US EV sales momentum
The United States has seen a 140% increase in electric vehicle sales since 2023. However, further growth could be hindered if public charging stations are not rolled out more evenly and at a slower pace.
US CFTC fines energy traders
The U.S. Commodity Futures Trading Commission ordered TOTSA TotalEnergies Trading SA on August 27 to pay a fine of $48 million for alleged gasoline price manipulation.
Ecological Cable Protection in Long Island Sound
December 2020 marked the deployment of fifty 150-sq. ft. nature-inclusive ECOncrete Marine Mattresses, providing large-scale armoring and protection for the Northport to Norwalk Submarine Cable…
The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOK…
Gunvor Returns to Profit in 2019
Energy trader Gunvor Group returned to profit in 2019 after its first net loss a year earlier, helped by record earnings in its U.S. division, and said business so far…
Oil Posts Biggest One-day Gain After Trump Touts Saudi-Russia Deal
Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut…
NY Congressman Backs Arthur Kill OWP
Congressman Max Rose has called on Governor Andrew Cuomo to support the offshore wind development at Arthur Kill Terminal, Staten Island, New York. "The offshore wind…
Anbaric Plans 16GW US Offshore Wind Grid
US offshore transmission developer Anbaric has applied to the Bureau of Ocean Energy Management (BOEM) to develop a 16GW grid off the north-eastern coast to connect…
Mayflower Wins 800MW Massachusetts OWF
Mayflower Wind Energy, a joint venture of Shell New Energies US and EDPR Offshore North America, has been chosen by Massachusetts for an 804-MW offshore wind farm (OWF)…
OP/ED: Offshore Wind
Set to Soar, Taking Offshore Support Industry With it.Offshore energy development is opening a new front in the United States -- the Atlantic seaboard, with strong winds…
Mayflower Joins Connecticut Offshore Bids
Mayflower Wind has submitted bids to the Connecticut Department of Energy and Environmental Protection in response to Connecticut's Request for Proposals.Mayflower is…
Atlantic Offshore Wind: Favorable Winds for Maritime
Now that the United States finally can envision steady winds blowing from the Atlantic Seaboard due to a pipeline of offshore wind farms on the horizon, the maritime…
