The competition watchdog has launched a probe into a £2.1bn deal to takeover Electricity North West by the owner of ScottishPower. The Competition and Markets Authority (CMA) is looking into the deal which was first announced by Iberdrola in August last year. The watchdog said it was investigating whether the deal may affect competition in...Continue Reading
Traders Go All-In on Middle East Oil as Sanctions Reshape Market | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 30, 2025, 12:30 PM CST Oil traders are making big moves...Continue Reading
Russia’s Shadow Fleet Under Scrutiny After Baltic Sea Incidents | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Jan 30, 2025, 12:00 PM CST Multiple undersea cables...Continue Reading
Russia’s Oil Production Slipped 2.8%, Gas Output Rose 7.6% in 2024 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 30, 2025, 11:30 AM CST Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas...Continue Reading
Gulf States Go Big on Solar | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jan 30, 2025, 11:00 AM CST By expanding renewables domestically, these petrostates are freeing up more...Continue Reading
Net Zero Needs $5.6 Trillion Annual Investment, But It’s Not Getting It | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 30, 2025, 10:30 AM CST Global investments in green energy solutions topped $2 trillion last year, for the first time ever, but the world...Continue Reading
Despite the market scare about data centers and AI offered up by Deepseek this week, U.S. based energy companies don’t seem phased. The latest example? Chevron, Engine No. 1, and GE Vernova are teaming up to build natural gas power plants in the U.S., co-located with data centers to meet growing electricity demands driven by...Continue Reading
Refining Giant Valero Tops Q4 Estimates Despite Earnings Slump | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Jan 30, 2025, 9:30 AM CST Valero Energy Corporation (NYSE: VLO) booked higher-than-expected earnings for the fourth quarter despite a widely anticipated slump in profits for the last...Continue Reading
The Net-Zero Gap: Global Green Spending Is Falling Short of Targets | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Jan 30, 2025, 9:00 AM CST Global green energy investment hit a record $2.1 trillion in 2024, up 11% from 2023, but growth has slowed. To...Continue Reading
Buyers Flock to Negotiate U.S. LNG Deals Amid Trump’s Tariff Threat | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Jan 30, 2025, 8:30 AM CST Potential buyers from India, Japan,...Continue Reading
