The European Commission has given Germany permission to invest around €3 billion in its hydrogen infrastructure to build long-distance pipelines. The commission on Friday said that the positive effects of the government subsidies would be greater than the potential damage that could be caused by distortions of competition. Germany and other countries are investing in […]
Signs point the way to a polling place at the Sioux Falls downtown library during the primary election on June 4, 2024. (Makenzie Huber/South Dakota Searchlight) At least 10 Republican legislators lost their races Tuesday in the 2024 primary election, with a controversial carbon dioxide pipeline among the top wedge issues to emerge. Voters also […]
Bill GrossREUTERS/Jim Young Bill Gross told Barron’s that oil and gas pipelines are a top investment of his as he seeks alternatives to a tapped-out bond market. He says these publicly-traded multiple limited partnerships offer strong returns with additional tax advantages. Gross has been investing in “conservative” AI names like Microsoft and IBM, but has […]
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is probably best known for its insurance operations, which are where a lot of the individual stocks that company owns reside. But it is really a massive and diversified conglomerate. One area in which CEO Warren Buffett has invested quite heavily is energy, with a specific focus on pipelines. […]
SAN DIEGO (FOX 5/KUSI) — Portions of San Diego’s First Aqueduct will shut down this week for yearly inspections and maintenance of water supply pipelines for the region, the San Diego County Water Authority announced this week. The San Diego County Water Authority’s historic First Aqueduct delivers treated and untreated water from just south of […]
Israel sabotaged two major Iranian gas pipelines, said a New York Times report. “It’s a major reputation blow for Iran’s intelligence and security agencies,” said an analyst. The attacks suggest covert networks operating in Iran linked to Israel, an analyst said. Israel appears to have conducted covert attacks on two major natural gas pipelines inside […]
HUNTINGTON BEACH, Calif. — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The leak occurred in a ruptured pipeline owned by Houston-based […]
HUNTINGTON BEACH, Calif. — Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The leak occurred in a ruptured pipeline owned by Houston-based […]