Tag: energy

Three die in protests against flour and energy prices

Violence has marred protests against price increases in Pakistan-administered Kashmir, leaving three people dead and 100 others wounded, authorities said, as the unrest entered a fifth day on Tuesday. Thousands of people have been on the streets since Friday to protest rising prices of flour and electricity. Pakistani Prime Minister Shehbaz Sharif offered subsidies worth […]

Cow dung’s key role in India’s energy industry

Every day, with bare hands, Rukmini Baburao Kumbhar, collects around 50kg (eight stone) of fresh cow dung. She is part of a spiritual group that runs a small ashram (a religious retreat) in a village in the north-western Indian state of Maharashtra. Collecting cow dung is not, primarily, an effort to keep the place tidy. […]

US energy panel approves rule to expand transmission of renewable power

WASHINGTON (AP) — Federal energy regulators on Monday approved a long-awaited rule to make it easier to transmit renewable energy such as wind and solar power to the electric grid — a key part of President Joe Biden’s goal to eliminate carbon emissions economy-wide by 2050. The rule, under development for two years, is aimed […]

‘Dancing’ raisins − a simple kitchen experiment reveals how objects can extract energy from their environment and come to life

Scientific discovery doesn’t always require a high-tech laboratory or a hefty budget. Many people have a first-rate lab right in their own homes – their kitchen. The kitchen offers plenty of opportunities to view and explore what physicists call soft matter and complex fluids. Everyday phenomena, such as Cheerios clustering in milk or rings left […]

Eni eyes new oil and gas spin-offs in energy transition satellite strategy

By Francesca Landini and Ron Bousso MILAN (Reuters) – Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carbon activities, company sources said. Such deals would expand veteran CEO Claudio Descalzi’s strategy to split […]

Billionaires Can’t Stop Buying These 3 Energy Stocks. Should You Join Them?

It is always interesting to watch how billionaires are investing their money. They have a knack for enriching themselves and other investors. Because of that, following their stock market moves can prove to be profitable. Several billionaire investors are currently betting big on energy stocks. Chevron (NYSE: CVX), ExxonMobil (NYSE: XOM), and Western Midstream (NYSE: […]

Yuno Energy cuts electricity prices for new customers

Yuno Energy has announced another price cut for new customers. The energy provider launched a new fixed-rate deal for electricity customers, which it says is 6 per cent lower than its previous rate. The new rate of 23.69 cent (including VAT) per kWh will be fixed for 12 months and is available to customers who […]

Are utilities ready to serve summer energy needs?

May 12—As temperatures creep up and New Mexicans get ready to crank up their air conditioning, the state’s electricity providers need to get ready for the busiest energy time of year. Utilities are hoping this summer’s heat doesn’t drag on as long as record-breaking lengths in 2023. Two major utilities that serve New Mexico also […]

Xcel Energy holds groundbreaking for new Grand Forks service center

May 11—GRAND FORKS — Xcel Energy held a groundbreaking to celebrate the start of construction on a new service center. City officials, Xcel officials and construction workers attended the groundbreaking, backdropped by supplies, machinery and initial pieces of the new center’s structure behind the speakers. One of the speakers, Grand Forks Region EDC President and […]

Devon Energy Stock: Buy, Sell, or Hold?

I’m going to cut to the chase here. Devon Energy (NYSE: DVN) is a buy, provided you share management’s view on its capital allocation policy. That’s the key to the investment decision here, so here’s an outline of everything you need to know before buying the stock. Devon Energy’s capital allocation policy The company’s policy […]

Forget Energy Transfer; Buy This Magnificent High-Yield Stock Instead

If all you consider is yield, then Energy Transfer (NYSE: ET) and its roughly 8% distribution yield will handily beat out Enterprise Products Partners (NYSE: EPD) and its 7.3% yield. But there’s so much more to an investment than just yield, and in this situation, most income investors will probably feel much better owning the […]