Energy News: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 2, 2025.
MIL-OSI: Equinor sells the Peregrino field for USD 3.5 billion
Source: GlobeNewswire (MIL-OSI) Equinor Brasil Energia Ltda., a subsidiary of Equinor (OSE: EQNR, NYSE: EQNR), has entered into agreements(1) with Brazilian company Prio Tigris Ltda., a subsidiary of PRIO SA (PRIO3.SA) for a sale of its 60% operated interest in the Peregrino field in Brazil. PRIO, Brazil’s largest independent oil and gas company, will pay […]
MIL-OSI USA: Reed Announces Additional $2.6 Million to Help RI Families Save on Home Energy Bills
US Senate News: Source: United States Senator for Rhode Island Jack Reed WASHINGTON, DC – In an effort to help more Rhode Islanders reduce their home energy costs, U.S. Senator Jack Reed today announced that Rhode Island is getting an additional $2.6 million through the Low Income Home Energy Assistance Program (LIHEAP), after the Trump […]
MIL-OSI: Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces Its Net Asset Value and Asset Coverage Ratios as of April 30, 2025
Source: GlobeNewswire (MIL-OSI) HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of April 30, 2025. […]
MIL-OSI: Gran Tierra Energy Inc. Reports First Quarter 2025 Results, Record Production and Continued Exploration Success
Source: GlobeNewswire (MIL-OSI) Achieved Record Total Company Average Quarterly Production of 46,647 boepd Ecuador Exploration Success Continues with Additional Oil Discoveries in Iguana Block Solid Balance Sheet, Exited the Quarter with $77 Million in Cash Following Active Capital Campaign, Paid Down $27 Million of Debt Additional Liquidity Secured with Signing of New $75 Million Credit […]
MIL-OSI USA: Weber Washington Times Op-Ed: The world runs on Southeast Texas energy
Source: United States House of Representatives – Congressman Randy Weber (14th District of Texas) Washington, D.C. – In a new op-ed in the Washington Times, U.S. Rep. Randy Weber (TX-14), the Chairman of the Energy Subcommittee on the Science, Space, and Technology Committee and Vice-Chair of the Energy Subcommittee on the Energy and Commerce Committee, details […]
MIL-OSI: FERC Approves Reliability Must Run Settlement Agreement for Units at Talen Energy’s Brandon Shores and H.A. Wagner Power Plants
Source: GlobeNewswire (MIL-OSI) HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation (“Talen”) (NASDAQ: TLN) announced today that the Federal Energy Regulatory Commission (the “FERC”) has approved the terms under which Talen will operate units at its Brandon Shores and H.A. Wagner power plants until May 31, 2029, beyond their scheduled May 31, 2025 […]
MIL-OSI Economics: Oil and gas companies add renewable fuels to low-carbon portfolio, says GlobalData
Source: GlobalData Oil and gas companies add renewable fuels to low-carbon portfolio, says GlobalData Posted in Oil & Gas The global energy landscape is steadily moving toward cleaner sources, with a gradual decline in fossil fuel dependence. The share of fossil fuels in the world’s energy mix has declined from 82% in 2022 to 81.5% in 2023, […]
MIL-OSI: Marksmen Energy Inc. Announces Delay in Filing its 2024 Annual Financial Statements and Issuance of Promissory Note
Source: GlobeNewswire (MIL-OSI) CALGARY, ALBERTA,, May 01, 2025 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company“) announced today that its annual financial statements, accompanying management’s discussion and analysis and related chief executive officer (“CEO“) and chief financial officer (“CFO“) certifications for the financial year ended December 31, 2024 (the “Annual Filings“), may not […]
MIL-OSI USA: Lankford, Hudson Unveil Bill to End Biden-Era ‘Social Cost’ Climate Models, Supercharge Trump’s American Energy Agenda
US Senate News: Source: United States Senator for Oklahoma James Lankford WASHINGTON, DC — Senator James Lankford (R-OK) today introduced the Transparency and Honesty in Energy Regulations Act alongside Congressman Richard Hudson (R-NC), legislation that will eliminate the use of “social cost” metrics in federal rulemaking and reinforce President Donald Trump’s Unleashing American Energy executive order. “Under President Trump, American energy dominance […]
MIL-OSI: Viper Energy, Inc. Announces Closing of Drop Down Transaction
Source: GlobeNewswire (MIL-OSI) MIDLAND, Texas, May 01, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. (NASDAQ: VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it and its operating subsidiary, Viper Energy Partners LLC (the “Operating Company”), have closed their previously announced acquisition of all of the equity interests […]
MIL-OSI Asia-Pac: Brainstorming Session on Pumped Storage Projects to Power India’s Renewable Future organized at Scope Complex
Source: Government of India Posted On: 01 MAY 2025 6:53PM by PIB Delhi A high-level Brainstorming Session on “Pumped Storage Projects: Powering India’s Renewable Future” was successfully organized today at the SCOPE Convention Centre, New Delhi, by THDC India Ltd. and Central Electricity Authority (CEA) in association with NTPC, with the support of CBIP & […]
MIL-OSI USA: Can Quantum Computers Handle Energy’s Hardest Problems?
Source: US National Renewable Energy Laboratory NREL Scientists Team With Local Companies To Benchmark the Benefits of Quantum Computers Caleb Rotello sketches out the thinking that led him and fellow researchers to devise algorithms that benchmark quantum computing’s importance to energy research. Photo by Gregory Cooper, NREL Every week quantum computing hits a new milestone: […]
MIL-OSI Economics: Meet our new Director for BC!
Source: – Press Release/Statement: Headline: Meet our new Director for BC! As British Columbia Director, Patricia Lightburn will represent CanREA members and help advance policy outcomes in the province. Ottawa, May 1, 2025—The Canadian Renewable Energy Association CanREA) is excited to welcome Patricia Lightburn as our new Director, British Columbia. She will represent CanREA members in BC, lead the […]
MIL-OSI USA: Duckworth, Durbin Meet with Association of Illinois Electric Cooperatives
US Senate News: Source: United States Senator for Illinois Tammy Duckworth April 30, 2025 [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) and U.S. Senate Democratic Whip Dick Durbin (D-IL) yesterday met with the Association of Illinois Electric Cooperative (AIEC), which represents 24 distribution co-ops and five generation/transmission co-ops that serve most of rural Illinois, […]
MIL-OSI Global: Is the UK’s energy storage growing fast enough?
Source: The Conversation – UK – By Victor Becerra, Professor of Power Systems Engineering, University of Portsmouth Sommart Sombutwanitkul/Shutterstock Britain’s booming green energy generation has a costly side-effect: the national electricity system operator has had to compensate wind turbine operators that could have produced more clean electricity than the grid could take. The cost of […]
MIL-OSI: New skills training program prepares young Canadians for careers in energy
Source: GlobeNewswire (MIL-OSI) CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) — geoLOGIC is launching an innovative training program to prepare young Canadians for a career in the energy industry. The Sustainability in Energy Micro-Credential® for Students addresses vital topics such as climate change, energy security, environmental sustainability, and Indigenous reconciliation. The free 35-hour online program […]
MIL-OSI USA: Oil prices and refinery margins fell slightly in first quarter of 2025
Source: US Energy Information Administration In-brief analysis May 1, 2025 Data source: CME Group, Bloomberg L.P.Note: Refinery margin is calculated as the 3-2-1 crack spread on the U.S. Atlantic Coast, which represents two barrels of gasoline and one barrel of distillate fuel oil minus three barrels of Brent crude oil. 1Q25=first quarter of 2025 During […]
MIL-OSI: Jackery Launches Homepower 3000: the Smartest Choice for Essential Home Backup Power
Source: GlobeNewswire (MIL-OSI) FREEMONT, Calif., May 01, 2025 (GLOBE NEWSWIRE) — Jackery, a global leader in innovative solar generators and green off-grid energy solutions, has unveiled the Jackery Solar Generator HomePower 3000, the newest addition to its best-selling 3kWh solar generator range. Designed specifically for essential home backup needs, the HomePower 3000 offers a simplified, […]
MIL-OSI: Sunrun’s Distributed Power Plant Quadruples in Size to 75,000 Solar-Powered Batteries to Support California’s Grid
Source: GlobeNewswire (MIL-OSI) SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) — Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery […]
MIL-OSI: Monarch Private Capital Wins Capital Finance International Award for Excellence in Tax Equity Impact Investing USA 2025
Source: GlobeNewswire (MIL-OSI) ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital (Monarch) is proud to announce it has received the 2025 Award for Excellence in Tax Equity Impact Investing USA from Capital Finance International (CFI.co). This prestigious recognition highlights Monarch’s leadership in leveraging tax equity financing to catalyze high-impact investments across clean energy, […]