Category: Energy News Beat

Xcel Energy revives Minneapolis resiliency project with help of federal grant

Energy News Beat ​ A major federal grant will help Xcel Energy restart a Minneapolis microgrid project delayed earlier this year over cost concerns.   Xcel Energy received a $100 million grant last week from the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships program for resiliency and wildfire mitigation initiatives, including the Resilient Minneapolis […]

Electric vehicle charging legislation is urgent in Wisconsin, with federal funds at stake

Energy News Beat ​ Wisconsin will lose out on millions of federal dollars for electric vehicle charging infrastructure if the state does not pass legislation to allow stores or other owners of EV chargers to bill drivers for the amount of electricity they get when they plug in.  Billing by the kilowatt-hour is a requirement […]

Argentina fuel pump crisis deepens as government threatens export halt

Energy News Beat Nasdaq BUENOS AIRES – Argentina’s fuel crisis deepened on Monday as filling stations around Buenos Aires ran out of petrol and long queues formed elsewhere, while the government said it could halt exports to preserve supplies and oil sector workers threatened a strike. Source: Reuters The South American country, a major shale […]

bp’s quarterly results bring “quiet” Canadian interim CEO into spotlight after Looney’s suprise resignation

Energy News Beat World Oil (Bloomberg) – Less than two months since Bernard Looney’s shock resignation, BP Plc is going into its first set of quarterly results without a permanent chief executive officer. In his place will stand Murray Auchincloss, the 53-year old Canadian interim CEO who was parachuted into the top job from the position of […]

Daily Energy Standup Episode #242 – ExxonMobil’s Outlook, World Bank Warns of $150/barrel, Fossil Fuels’ Resilience, Cummins’ Growth Forecast and Oil Price Enterprise Products Expansion

Energy News Beat Daily Standup Top Stories ExxonMobil CEO sees tight world oil supplies for next few years October 31, 2023 Mariel Alumit (Bloomberg) – Exxon Mobil Corp. sees tight global oil supplies putting upward pressure on energy prices for at least the next few years as the world continues to suffer from a lack of […]