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Category: Energy


Energy, Industry Focus Areas

Reducing Electrical Costs with Commercial Lighting

September 4, 2020

Via: Industry Today

The lighting in your business has a significant effect on your operations and employees’ productivity. Considering that energy bills have been on the rise, it can have a drastic effect on overhead costs. It’s estimated that up to 40% of […]


Energy, Industry Focus Areas

Saudi Aramco Slows Diversification Plans Amid Industry Downturn

September 2, 2020

Via: The Wall Street Journal

DUBAI—Saudi Arabia’s state oil giant is reviewing plans to expand at home and abroad in the face of sharply lower oil prices and a heavy dividend burden it assumed as part of its recent initial public offering, according to people […]


Energy, Industry Focus Areas

Energy Services of America Announces Financial Results

August 14, 2020

Via: PR Newswire

Energy Services of America Corporation (the “Company” or “Energy Services”) (OTC QB: ESOA), parent company of C.J. Hughes Construction Company and Nitro Construction Services, announced financial results for the three and nine months ended June 30, 2020. Energy Services earned […]


Energy, Industry Focus Areas

Shell Swings to Historic Loss as Pandemic Devastates Oil Demand

July 30, 2020

Via: The Wall Street Journal

Royal Dutch Shell PLC swung to its first quarterly loss since its formation over a decade ago and warned that the outlook for oil-and-gas demand continued to be uncertain, illustrating the scale of damage Covid-19 is wreaking on the industry. […]


Energy, Industry Focus Areas

TSMC commits to renewable electricity sources

July 27, 2020

Via: Electronics Weekly

TSMC is today committing to source 100% renewable electricity globally as part of RE100 – a global initiative led by international non-profit the Climate Group. RE100 has the support of over 240 global businesses switching to 100% renewable power. TSMC […]


Energy, Industry Focus Areas

Coronavirus’s Worst Impact on Oil Demand Has Passed, IEA Says

July 10, 2020

Via: The Wall Street Journal

LONDON—The worst effects of the coronavirus on global oil demand have passed but will continue to echo as the market slowly recovers in the second half of 2020, the International Energy Agency said Friday. In its closely read monthly report, […]


Energy, Industry Focus Areas

U.S. Solar-Energy Company Sunrun to Buy Rival Vivint

July 7, 2020

Via: The Wall Street Journal

U.S. residential-solar-market leader Sunrun Inc. has agreed to acquire rival Vivint Solar Inc. in a sector shake-up that could solidify the combined company’s position to fend off new competition. Sunrun will buy Blackstone Group-backed Vivint in an all-stock transaction that […]


Energy, Industry Focus Areas

Massachusetts directs agency to study phase-out of natural gas

June 5, 2020

Via: Reuters

If the state’s Department of Public Utilities opens the investigation, Massachusetts would become the third state to launch a formal process to phase out natural gas, the office of Attorney General Maura Healey said in a statement. California and New […]


Energy, Industry Focus Areas

Tesla applies to become UK electricity generator

May 4, 2020

Via: Electronics Weekly

An application to Ofgem, published on Ofgem’s site last Wednesday, read: ‘Tesla Motors Limited hereby gives notice that it has made an application to the Gas and Electricity Markets Authority for an electricity generation licence. The closing date for comments […]


Energy, Industry Focus Areas

COVID-19 Impact on Renewable Energy Market by Technology, End-User and Region – Global Forecast to 2021

April 30, 2020

Via: PR Newswire

The global renewable energy market size is projected to grow from USD 184.3 billion in 2020 to USD 226.1 billion by 2021. The coronavirus pandemic is adding to the uncertainties that the global oil industry face as it contemplates new […]