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Japan Utilities Fined At Least $733M For Violating Anti-trust Laws -media - Cna

FILE PHOTO: Kyushu Electric Power's Sendai nuclear power station is seen in Satsumasendai, Kagoshima prefecture, Japan, August 8, 2015. Picture taken August 8, 2015. REUTERS/Issei Kato TOKYO : Japan's antitrust watchdog slapped three utilities with a record fine of more than 100 billion yen ($733 million) for violating anti-monopoly laws, local media said on Thursday, in a fresh blow to a sector already reeling from high input costs. Among the three, Chugoku Electric Power Co was hit with the biggest fine, of more than 70 billion yen ($514 million), the Nikkei business daily said.
Read by 54% of LPs 2hours ago

Sempra Infrastructure Announces Sale And Purchase Agreement With Ineos For Port Arthur Lng Phase 1

HOUSTON, Dec. 1, 2022 /PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), today announced it has entered into a long-term sale and purchase agreement (SPA) with INEOS, for the supply of liquefied natural gas (LNG) from Phase 1 of its Port Arthur LNG...
Read by 41% of LPs 12hours ago

D. E. Shaw Renewable Investments (desri) Announces Signing Of 200 Mwac Arkansas Clean Power Project With Meta

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- D. E. Shaw Renewable Investments (DESRI), a leading renewable energy producer in the U.S., today announced the signing of a long-term renewable energy off-take agreement with Meta. The Long Lake Project (Long Lake) will be a 200 megawatt (MWac)...
Read by 35% of LPs 13hours ago

Solar Power A Shining Light For Australians Hit By High Energy Prices - Nikkei Asia

SYDNEY -- Demand for solar power is heating up in sunny Australia as soaring energy prices and climate change lead residents to seek ways of saving both money and the planet. Sales of home solar generation systems have been on the rise, with major energy companies offering incentives for consumers to adopt. Renewables will likely expand their share in the electricity generation mix if this boom continues.
Read by 34% of LPs 16hours ago

Eni In Talks To Buy Neptune Energy Deal Would Be One Of The Biggest In Oil And Gas Industry In Recent Years November 30, 2022 At 10:50pm ~ Accounting And Business

Deal would be one of the biggest in oil and gas industry in recent yearsfrom UK homepage IFTTT Deal would be one of the biggest in oil and gas industry in recent years November 30, 2022 at 10:50PM.
Read by 45% of LPs November 30, 2022

3 Energy Companies Vying To Build New Czech Nuke Reactor

PRAGUE (AP) — Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP will by vying to build the Czech Republic’s newest reactor at the Dukovany nuclear power station, authorities said Wednesday, as the country strives to become more energy independent and wean itself of fossil fuels. State-controlled power company CEZ says final bids for the contract to build the reactor will be placed at the end of September next year and a winner announced in 2024. The new reactor should become operational by 2036. The new reactor should become operational by 2036.
Read by 47% of LPs November 30, 2022

The 2.2 Billion-ton Elephant In The Room: Three Ways To Reduce Construction Waste

In an industry where delivering projects on time and on budget is paramount, construction companies are incentivized to do whatever it takes to get the materials they need.
Read by 33% of LPs November 30, 2022

U.k. Energy Regulator Sets Out Network Prices, Five-year Investment Package

Ofgem said the investment packages for the companies, which cover 14 local networks, will help deliver cheaper, cleaner and more reliable local grids at no extra cost for consumers.
Read by 48% of LPs November 29, 2022

Shale Markets, Llc / How Is The Transition To Renewables Faring In The Midst Of A Global Energy Crisis?

By Melisa Cavcic Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future. The post How is the transition to renewables faring in the midst of a global energy crisis? appeared first on Offshore Energy. Read Full Article Here For more...
Read by 69% of LPs November 29, 2022

Octopus Takeover Of Bulb Faces Delay After Rivals Seek Judicial Review | Energy Industry

Three companies complain over lack of transparency around deal which could be biggest government bailout since RBS and LloydsThe takeover of collapsed bailed-out energy supplier Bulb by rival Octopus faces further delays after three rival companies launched judicial review proceedings, arguing that there are “significant concerns” over a possible £1bn government-funded “dowry”.Octopus agreed to buy Bulb out of a special government-handled administration last month after a year-long process which could cost the taxpayer up to £6.5bn, according to a government estimate. Continue reading...
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