Biden will push through infrastructure plan if no Republican support -energy secretary says

2/2 © Reuters. Daily press briefing at the White House in Washington 2/2 By Katanga Johnson and Doina Chiacu WASHINGTON (Reuters) -U.S. President Joe Biden would be willing to push through his $ 2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said […]

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Saudi Aramco to prioritise energy supply to China for 50 years, says CEO

2/2 © Reuters. FILE PHOTO: Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference in Dhahran 2/2 By Muyu Xu and Florence Tan BEIJING (Reuters) – Saudi Aramco (SE:) will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy […]

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Energy Secretary Granholm says U.S. needs to produce more EV minerals

© Reuters. FILE PHOTO: Former Michigan Governor Jennifer Granholm testifies before the Senate Energy and Natural Resources Committee in Washington (Reuters) – U.S. Secretary of Energy Jennifer Granholm on Tuesday said the United States needs to boost domestic production of the minerals used to make electric vehicles, so long as it is done sustainably. The […]

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Give shut-out U.S. coal, auto workers a chance in green energy – Manchin

3/3 © Reuters. FILE PHOTO: Senator Joe Manchin Democrat of West Virginia discusses climate policy coal and renewable energy at a press briefing at the IHS Markit CERAWeek conference in Houston 2/3 By Timothy Gardner WASHINGTON (Reuters) – U.S. coal and auto industry laborers who have lost jobs as the economy moves to green energy […]

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U.S. readies $40 billion in loans to boost clean energy – official

© Reuters. FILE PHOTO: Former Michigan Governor Jennifer Granholm testifies before the Senate Energy and Natural Resources Committee in Washington By Timothy Gardner WASHINGTON (Reuters) – U.S. Energy Secretary Jennifer Granholm said on Wednesday she is ready to reactivate her department’s loan program office that went mostly unused in the last four years and has […]

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U.S. oil wells, refineries shut as winter storm hits energy sector

© Reuters. FILE PHOTO: Refinery workers walk inside the LyondellBasell oil refinery in Houston By Arpan Varghese (Reuters) – A deep freeze across the United States is taking a toll on the energy industry in the largest U.S. crude-producing state, halting Texas oil wells and refineries on Monday and forcing restrictions from and crude pipeline […]

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White House launches clean energy effort, $100 million in technology funding

2/2 © Reuters. FILE PHOTO: Solar panels are seen on a parking garage in Palm Springs 2/2 By Valerie Volcovici WASHINGTON (Reuters) – The Biden administration on Thursday announced the U.S. Department of Energy will offer $ 100 million in funding to support low-carbon energy technologies and create a working group to aid their development […]

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Duke Energy Earnings inline, Revenue Misses In Q4

© Reuters. Duke Energy Earnings inline, Revenue Misses In Q4 Investing.com – Duke Energy (NYSE:) reported on Thursday fourth quarter that matched analysts’ forecasts and revenue that fell short of expectations. Duke Energy announced earnings per share of $ 1.03 on revenue of $ 5.78B. Analysts polled by Investing.com anticipated EPS of $ 1.03 on […]

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Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy

2/2 © Reuters. FILE PHOTO: Chesapeake Energy Corporation’s 50 acre campus 2/2 (Reuters) – U.S. shale oil and gas producer Chesapeake Energy Corp (NYSE:) plans to cut 15% of its workforce, an email sent to employees revealed, as it closes on new financing that will allow it to emerge from bankruptcy court protection next week. […]

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