Trump Says 25% Canada, Mexico Tariffs to Take Effect March 4
Financial markets fell on news that President Donald Trump would enact 25% tariffs on Mexico and Canada and both countries promised to respond.
Geothermal Player Ormat Adds Capacity as Power Demand Rises
Ormat aims to grow its installed capacity to between 2.6 and 2.8 gigawatts by the end of 2028, CEO says.
Polar LNG Express: North American NatGas Dynamics to Change with LNG Canada
The next major natural gas export project in North America has a location advantage with Asian markets. LNG Canada opens up a new pathway that will change the price dynamics for producers.
VoltaGrid to Supply Vantage Data Centers with 1 GW of Powergen Capacity
Vantage Data Centers has tapped VoltaGrid for 1 gigawatt of power generation capacity across its North American hyperscale data center portfolio.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
US Drillers Add Oil, Gas Rigs for First Time in Eight Weeks
For January, total oil and gas rigs fell by seven, the most in a month since June, with both oil and gas rigs down by four in January.
Trump Stirs Confusion with Support, Spurning of Canadian Oil
President Trump signed an order that could boost Canadian crude imports — and then said the U.S. doesn’t need Canadian crude.
Shell Completes Deal to Buy Power Plant in Rhode Island
Shell has completed its previously announced acquisition to buy a 609-megawatt combined cycle gas turbine power plant in Rhode Island from RISEC Holdings.
Energy Transition in Motion (Week of Jan. 17, 2025)
Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
LS Power Completes Acquisition of Algonquin Power’s Renewables Unit
With the transaction’s closure on Jan. 8, LS Power formed Clearlight Energy to manage the acquired renewable energy assets.