Photo: Freepik As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021. Crude oil prices have dropped nearly 25% since January, which is uncommon as the summer fuel blend usually comes with higher costs and increased demand during the peak travel…
Photo: freepik Strathcona Resources (OTCPK:STHRF) said late Thursday it plans to launch a takeover bid for Canadian oil and gas producing peer MEG Energy (OTCPK:MEGEF) that values the company at ~C$5.9B (US$4.25B), in a deal that would create the country’s fifth-largest oil producer. Strathcona (OTCPK:STHRF) offered to buy all MEG Energy’s (OTCPK:MEGEF) issued and outstanding common stock…
It just got easier to have clean energy and see more job growth in Ohio as Electrek reported that Fox Squirrel Solar — the largest solar farm in Ohio — is fully online and sending electricity to the grid. EDF Renewables North America built Fox Squirrel Solar, their largest onshore clean energy project, with 1.4 million solar…
The brilliant team of engineers, scientists, and bricklayers at the Massachusetts Institute of Technology spin off company Electrified Thermal Solutions — a renewable energy startup — is on a mission to decarbonize heavy industries with its groundbreaking invention, the Joule Hive. The massive thermal battery could provide low-cost electrified heat to power industries that make…
La Sociedad Peruana de Hidrocarburos (SPH) propuso impulsar la masificación del gas natural a nivel nacional en todas las regiones del país, con el fin de generar ahorros importantes a las familias más necesitadas y promover una verdadera descentralización económica. Felipe Cantuarias, presidente de la SPH, explicó que un factor adicional a la generación de empleo e ingresos…
Key Takeaways The S&P 500 fell 0.3% on Monday, June 24, 2024, opening a week that will feature key economic reports including the Federal Reserve’s preferred gauge of inflation. Crude oil futures moved higher amid heightened tensions in the Middle East and signals of strong summer gasoline demand, helping lift stocks across the oil and…
HelioSkin is a lightweight, stretchable architectural fabric that is aesthetically attractive and can wrap around complex shapes. Credit: Ryan Young/Cornell University There is more to photovoltaic panels than the materials that comprise them: The design itself can also drive—or potentially diminish—the widespread adoption of solar technology. Put bluntly: Most solar panels are not much to…
La empresa británica de hidrocarburos Shell y el gigante noruego Equinor anunciaron este jueves que planean combinar sus activos de petróleo y gas en el Mar del Norte para crear una nueva compañía energética con 1.300 empleados. El nuevo grupo, con sede en Aberdeen (Escocia), será el mayor productor independiente offshore petrolero y gasístico del…
La candidata oficialista a la presidencia de México gastaría unos US$13.600 millones para impulsar el uso de energías renovables en su país sin dejar de añadir centrales eléctricas de gas, según un plan que presentó a líderes empresariales. El plan de Claudia Sheinbaum aumentaría la generación de energía eólica y solar, modernizaría las centrales hidroeléctricas y añadiría…