China’s Spending on Green Energy Is Causing a Global Glut

[ad_1] Listen to article (1 minute) China’s newest solar-energy manufacturers include a dairy farmer and a toy maker. The new entrants are examples of a green-energy spending binge in China…

Electricity Use Booms in Texas, a Harbinger for the Country

[ad_1] Updated Nov. 13, 2023 7:18 am ET Listen to article (2 minutes) Everything is bigger in Texas, including its electricity use, which is increasing at historic rates in a…

Origin’s Largest Shareholder Turns Down Chance to Join Takeover Consortium

[ad_1] Nov. 13, 2023 12:33 am ET SYDNEY—Origin Energy’s largest shareholder said it rejected an offer to join the Brookfield Asset Management-led consortium trying to buy the Australian power retailer…

Copper Market Slump Threatens Shift to Wind Power, Electric Cars

[ad_1] A prolonged slide in copper prices is challenging the world’s shift to renewable energy sources. Mining firms will need to dig up gigantic amounts of new copper over the…

Enel Raises Guidance After Surge in Profit

[ad_1] Enel upgraded its guidance for the year after profit more than doubled in the first nine months. The Rome-based energy company on Tuesday reported a net profit of €4.25…

Kinder Morgan to Purchase NextEra Energy Partners’ Texas Pipeline For $1.8 Billion

[ad_1] Kinder Morgan will purchase NextEra Energy Partners’ Texas natural gas line portfolio for $1.815 billion. The transaction, which primarily includes seven pipelines, is expected to close in the first…

Opinion | Phil Murphy’s New Jersey Wind Flop

[ad_1] Phil Murphy huffed and he puffed, and a giant wind boondoggle blew the New Jersey Governor down. That’s the story of another failed green-energy project, as the follies keep…

Can Voters Fire Their Power Companies? Maine Is About to Find Out

[ad_1] Maine’s voters will decide Tuesday whether to take a rare step: a hostile takeover of their biggest electric companies.  A measure on the ballot there would create a consumer-owned…

These Oil Giants Don’t Seem Tempted by Merger Mania

[ad_1] Shell and BP say they aren’t feeling pressure to bulk up after Exxon Mobil and Chevron’s multibillion-dollar deals. [ad_2] Source link

Brookfield-Led Consortium Raises Bid for Origin Energy to $10.5 Billion

[ad_1] Updated Nov. 1, 2023 9:23 pm ET SYDNEY—A consortium led by Brookfield Asset Management raised its takeover offer for Australia’s Origin Energy to around US$10.50 billion, but again ran…