Category: Energy

Albuquerque, NM – The Navajo Nation would expand its investment in coal-fired electricity generation as part of a plan to acquire more shares in one of the Southwest’s last remaining coal power plants The Navajo Transitional Energy Co has...

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NEW YORK – Exxon Mobil is slashing 1,900 jobs from its US workforce, and Chevron plans to cut a quarter of the employees at its recently-acquired Noble Energy as the pandemic saps demand for fuel Exxon said the reductions will be both...

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EL PASO, TX – A project to build a new gas-fired power generation unit, which would be extracted using the fracking technique, continues to move forward in El Paso The Public Utility Commission of Texas (PUCT) approved in Austin, TX, El Paso...

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NEW MEXICO – New Mexico State Investment Council, Santa Fe, committed up to US$75 million to Brookfield Infrastructure Fund IV Renewable Power Sidecar Fund, managed by Brookfield Asset Management, said Charles Wollmann, spokesman for the...

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TEXAS – BP reported oil demand will decline even as energy demand increases, the energy giant continues to diversify into the renewables energy market "The ultimate impact on the industry remains to be seen," said Todd Staples, president of...

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HOUSTON – Texas-based energy company Max Midstream announced the acquisition of Oaktree Capital's Seahawk Pipeline and Terminal at the Port of Calhoun, with plans for a historic pipeline that will connect the port directly to the Eagle Ford and...

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EL PASO – El Paso Electric's plan to spend more than $163 million to put a new, natural gas-fired generating unit at its Newman power plant in far Northeast El Paso is being opposed by the El Paso and Las Cruces city governments, the New...

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TEXAS – Spanish group Acciona SA (BME:ANA) has bought a 240-MW solar photovoltaic (PV) project in Fort Bend County, Texas, from Diode Ventures, an infrastructure developer owned by construction engineering company Black & Veatch Financial...

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PINAL COUNTY – Salt River Project and sPower, a renewable energy independent power producer, announced construction is underway on East Line Solar, a new solar power plant that will bring US$10 million in 25 years of tax revenue and up to 350...

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TEXAS – Two American oil giants lost more than US$9 billion in the second quarter as the coronavirus pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished Irving-based Exxon...

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