DTE Energy adds 535 megawatts of new wind and solar in 2021, increasing clean energy generation capacity by 40%

This post was originally published on this siteDecember 07, 2021  Detroit, Dec. 07, 2021 (GLOBE NEWSWIRE) — The company’s 50-plus wind and solar parks generate enough clean energy to power nearly 700,000 Michigan homes MIGreenPower enrollment doubles for 3rd consecutive year DTE will bring the state’s newest and largest wind park online in mid-2022 DTE […]

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Global oil CEOs stress need for fossil fuels despite push for cleaner energy

This post was originally published on this siteHOUSTON, Dec 6 (Reuters) – A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come. The World Petroleum Conference’s four days of discussion started with

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BlackRock, Saudi asset manager Hassana sign $15.5 bln deal for Aramco’s gas pipelines

This post was originally published on this siteDUBAI, Dec 6 (Reuters) – Saudi Aramco  said on Monday it has signed a $15.5 billion lease-and-leaseback deal for its gas pipeline network with a consortium led by BlackRock Real Assets and state-backed Hassana Investment Co. Gulf oil producers are looking at sales of stakes in energy assets

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ConocoPhillips Announces Preliminary 2022 Capital Expenditures Budget; Initiates Three-Tier Returns of Capital Program and Declares Quarterly Variable Cash Distribution

This post was originally published on this siteDECEMBER 6, 2021 Download .PDF HOUSTON – ConocoPhillips (NYSE: COP) today announced several updates that highlight the company’s differentiated value proposition. This announcement follows the recent closing of the company’s acquisition of Shell’s Permian Basin properties on Dec. 1 for net cash of $8.6 billion. Today’s announcement reflects the

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COMMENTARY: What OPEC+ does with output matters more than what it says: Russell

This post was originally published on this siteLAUNCESTON, Australia, Dec 6 (Reuters) – A factor in crude oil markets that probably doesn’t receive the attention it deserves is the difference between what various players say they will do, and what they actually do. A case in point is last week’s meeting of the OPEC+ group

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Biden’s Urgency Belies Infrastructure Rollout Running Into 2030s

This post was originally published on this siteDec 6, 2021 (Bloomberg) President Joe Biden’s multi-state tour to tout a $1.2 trillion infrastructure plan is designed to boost Democrats in the midterm elections, but the slow-moving wheels of government won’t allow him to show off many new roads or bridges next year — or even in time

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Oil Gains After Saudi Price Hike Indicates Confidence in Demand

This post was originally published on this siteDec 6, 2021 (Bloomberg) Oil rose after Saudi Arabia boosted the prices of its crude, signaling confidence in the demand outlook despite the spread of the omicron variant of the coronavirus.Futures in New York advanced 2.4% to trade near $68 a barrel. The kingdom increased its oil prices for customers in

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