Shell has released its earnings for the last quarter of 2024, showing profits that were lower than analysts had anticipated. The company attributed this decline to write-offs…

A significant setback has occurred in the UK’s fossil fuel industry, as a court has revoked permission for the exploration of one of the largest untapped oil…

Good morning and welcome back to our Energy Source update from New York. Recently, the US Federal Reserve decided to keep interest rates unchanged, despite former President…

The Midcontinent Independent System Operator (MISO) has introduced new requirements that could potentially disqualify Voltus’ 450 MW of demand response resources from its upcoming capacity auction. This…

California Moves to Enhance Safety for Battery Energy Storage California is planning to introduce new safety and operational standards for battery energy storage facilities, as outlined in…

A new US start-up, backed by notable figures like Sam Altman and Peter Thiel, has successfully raised $425 million. This funding aims to help the company, Helion,…

In a surprising shift, hedge fund Engine No. 1, known for its aggressive tactics in 2021 that helped secure seats on ExxonMobil’s board, has announced a new…

Engine No. 1, the hedge fund known for challenging ExxonMobil on climate strategies, is collaborating with Chevron to create fossil fuel plants. This partnership aims to address…