Crude futures (CLU24) climbed above the $80 level today on rising Middle Eastern tensions, but oil’s performance might not be a one-day wonder. The Energy Information Administration (EIA) recently hiked its 2024 forecast for U.S. oil demand by 100,000 barrels per day, while simultaneously trimming its production forecast by 20,000 bpd. The agency also dropped
Jeffery O’Donnell | The Detroit News As a union member for nine-plus years, I know the difference a well-paying, pro-worker job can make. I am a proud member of the International Brotherhood of Electrical Workers (IBEW), which is working to protect members’ rights and improve working conditions in the current technological and economic revolution. The
SAN FRANCISCO, Aug. 12, 2024 (GLOBE NEWSWIRE) — Hagens Berman urges NANO Nuclear Energy Inc. (NASDAQ: NNE) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Class Period: May 8, 2024 – July 18,
Ford F-150 Lightning [Photo: Ford Motor Co.] Irving-based TXU Energy has partnered with Ford Motor Co. on a new retail energy offering for Ford Electric SUV and truck customers in Texas. Called the TXU Energy Free EV Miles program, the new offering gives participating Ford EV customers the opportunity to charge their vehicles entirely at home
Image: Enphase Energy Enphase Energy (Nasdaq: ENPH) has launched North American Charging Standard (NACS) connectors for its entire line of Level 2 home IQ EV chargers. The global energy technology company and supplier of microinverter-based solar and battery systems launched J1772-enabled Level 2 residential IQ EV chargers in the US and Canada in October 2023. Now Enphase
Calgary, Alberta–(Newsfile Corp. – August 12, 2024) – Cardinal Energy Ltd. (TSX: CJ) (“Cardinal” or the “Company“) confirms that our August dividend of $0.06 per common share will be paid on September 16, 2024 to shareholders of record on August 30, 2024. The Board of Directors of Cardinal has declared the dividend payable in cash. This
AUSTIN, Texas – Austin Mayor Kirk Watson is encouraging residents to conserve energy as temperatures rise this month. The grid conditions are reportedly normal right now, but that could change quickly. “This summer is not over,” Mayor Watson said. ERCOT is expecting a higher risk for tight grid conditions this month. The days have started
APS customers this month set a record for energy demand, using an unprecedented 8,212 megawatts (MW) of power. This new peak achieved on August 4 surpasses last year’s record of 8,162 MW. What they’re saying: APS President Ted Geisler acknowledged the challenges of keeping up with the state’s growing energy needs, especially during the summer.
An $11 million cash settlement over Devon Energy Production Company’s alleged failure to pay owners of Wyoming oil and gas wells on time received final approval from a federal court. The Wyoming Royalty Payment Act sets forth deadlines by which owners like Madeline A. Wright must receive proceeds from oil and gas production, according to
AUSTIN, Texas (KTRK) — Texas Attorney General Ken Paxton has opened an investigation into CenterPoint Energy, claiming its conduct during Hurricane Beryl may have violated Texas law. Beryl knocked out electricity to more than 2 million customers. The attorney general’s office said the energy provider’s response to the hurricane likely led to “significant harm to