Energy

US Government to Spend $1 Billion to Keep California Nuclear Plant Alive

Washington is saying ‘no’ for now to no-nukes in California. On Monday, the Biden administration announced it is giving a $1.1 billion grant to the Pacific Gas & Electric Company — the oft-beleaguered energy firm powering much of California —…

Coalition of Nations Agree To Help Indonesia Chuck Coal

It’s the equivalent of an environmental intervention. With the G20 held in Bali this year, wealthier nations are stepping up to help the host nation clean up its energy act — and presumably enjoying its pristine beaches…while they can. A…

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Berkshire, Energy Firms Reap Rewards of Low Oil Production

(Photo credit: Pete Markham/Flickr)

At least Big Oil is making the Sage of Omaha look smart. Despite falling well short of start-of-year production goals, oil and gas companies are posting financial results far beyond any reasonable expectations this year. The massive profits were enough…

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Russian Uranium Dominance Hamstrings US Nuclear Plans

The US is in a Russian uranium conundrum.

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GM Announces New Energy Division To Take On Tesla

GM wants to cut Tesla’s time in the sun short.

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US, EU React to OPEC+ Agreement to Slash Oil Production

Oil markets have been thrown yet another curveball.

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Europe’s Energy Crisis Could Be a Winter Tradition for the Next Few Years

Europe will need a few extra blankets this winter.

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Japan Eyes Restarting and Expanding Nuclear Power 11 Years After Fukushima

Japan is ready to embrace nuclear power again.

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DR Congo Opens Up Oil Auctions to Crypto and Carbon Firms

Oil and gas exploration auctions in the Democratic Republic of the Congo have been virulently opposed by environmentalists and Hollywood A-listers alike, but one potential solution just might help everyone see the rainforest for the trees. The Democratic Republic of…

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Saudi Aramco Buys Valvoline’s Product Business for $2.6 Billion

Here’s a deal that was nailed down under slippery circumstances, which is exactly how both parties wanted it. Petroleum giant Saudi Aramco announced Monday that it has agreed to buy the lubricants business of Valvoline, the century-and-a-half-old purveyor of motor…

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SCOTUS Ruling Says EPA Must Get Permission to Regulate Power Plant Emissions

Between the January 6 hearings and a series of controversial Supreme Court decisions, Washington DC has been getting pretty heated the last two weeks. On Thursday, the Court decided it wasn’t going to end there, issuing a ruling that could…

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Extra Credit: The Shifting World of Private Credit Markets

Tale of the Tape: Warren Buffett and Cathie Wood

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