Friday, November 22, 2024

California News

Maxeon Solar wants to review the detention of solar panels assembled in Mexico

Maxeon Solar, a California-based company, said it filed a request on Thursday for reexamination with U.S. Customs & Border Protection regarding the continued detention by the federal agency of its solar panels imported from Mexico.

Sources say that GE Vernova's investigation found that the offshore wind turbine plant at Quebec was not operating to standards.

Sources familiar with the situation said that GE Vernova’s offshore wind turbine production plant in Quebec has terminated or suspended several employees after a company probe found they had taken shortcuts when it came to quality control.

US oil industry calls on Trump to abandon Biden's climate policies

The U.S. Oil and Gas Industry on Tuesday called for President-elect Donald Trump's revocation of many policies implemented by President Joe Biden to combat climate change. They said the measures threatened jobs, consumer choices and energy security.

US oil industry calls on Trump to abandon Biden's climate policies

The U.S. Oil and Gas Industry on Tuesday called for President-elect Donald Trump's revocation of many policies proposed by President Joe Biden to combat climate change. They said the measures threatened jobs, consumer choices and energy security.

California will vote on stricter regulations for low-carbon fuels policy

California regulators are voting on Friday whether to tighten up a policy that aims to boost low-carbon fuels in order to reduce greenhouse gas emissions and achieve the state's ambitious goals for climate change. California's Low Carbon Fuel Standard…

Sempra misses its profit forecast due to higher costs and lower utility earnings

Sempra, a U.S. energy company, missed Wall Street's third-quarter profit estimates on Wednesday due to higher interest costs and lower earnings in its utility businesses of Texas and California. Utilities are ramping up investments…

Chevron exceeds expectations for quarterly profits on the back of higher oil production

Chevron Corp. beat Wall Street expectations for the third quarter profit on Friday. However, its earnings dropped from a previous year. Chevron Corp, which has had its proposed $53 billion takeover of Hess delayed by Exxon Mobil Ltd and CNOOC Ltd due to their challenge…

Sustech, a Japanese startup, has seen its valuation soar to over $800 million in the latest funding round

Sustech, a Japanese energy technology startup, is expected to raise $50m from investors. This will value the company at over $800m, according to people familiar with the matter. The Tokyo-based company wants to tap into the fast-growing global demand for cleaner energy.

After Nevada lithium deal GM looks for other sources of minerals to supply EVs

General Motors plans to increase its North American investment in lithium and other minerals that are used in the production of electric vehicles, after increasing its investment to almost $1 billion in a Nevada mining operation earlier this week. The U.S.

Phillips 66 is hit with a $604.9 mln US judgment in fuel trade secrets case

A California state court jury ruled on Wednesday that energy company Phillips 66 owes Propel Fuels 604.9 million dollars in damages after stealing Propel’s trade secrets in order to improve its renewable fuel capabilities. The jury in Oakland agreed that Phillips…

Pemex reports two deaths and five injuries from an oil leakage at a refinery in Texas

Two people were believed to have died and five were being treated for injuries on Thursday after a chemical release at Pemex's 312,500-barrels-per-day Deer Park oil refinery in Texas, the Mexican national oil company said. According…

Maguire: Slow rollout of charge points could stall US EV sales momentum

The United States has seen a 140% increase in electric vehicle sales since 2023. However, further growth could be hindered if public charging stations are not rolled out more evenly and at a slower pace. According to the Alternative Fuels Data Center, U.S.

Maguire: Slow rollout of charge points could stall US EV sales momentum

The United States has seen a 140% increase in electric vehicle sales since 2023. However, further growth could be hindered if public charging stations are not rolled out more evenly and at a slower pace. According to the Alternative Fuels Data Center, U.S.

Edison International says that California's climate goals will be met only with more clean energy. Edison International CEO says

Edison International's chief executive told reporters on Wednesday that to fully decarbonize California's electric grid, it will be necessary to use more clean energy sources, such as advanced geothermal, natural gas, and carbon-captured natural gas.

Companies call on world leaders to meet renewable energy targets

On Monday, executives from major companies urged leaders to implement an international agreement made at the COP28 Summit in Dubai last year to triple renewable energy capacity by 2030, to combat climate change. The statement…

Rural towns in New Mexico's arid region are looking to treated oil wastewater for a drought solution.

Stephen Aldridge, a pilot of a four-seater helicopter, could see a dozen lagoons filled with toxic waste glistening in the distance between drill rigs. The mayor of Jal, a tiny town nestled in the middle of U.S. Oil Country near the Texas border…

Exxon CEO Woods message to future shareholders activists: Follow the rules

Exxon CEO Darren Woods warned activist shareholders on Tuesday not to follow those who had filed a climate related shareholder proposal with the largest U.S. Oil Company. Woods said that Exxon was prepared to repeat this exercise against those who…

EIA: US power consumption expected to hit record levels in 2024 and 25

The U.S. Energy Information Administration's (EIA) Short Term Energy Outlook, published on Tuesday, said that the U.S. electricity consumption will reach new records by 2024 and 2025. The EIA projects that power consumption will increase to 4…

Storage broker: Global IT outage of July caused California fuel storage problems

Storage broker The Tank Tiger said this week that the CrowdStrike IT failure last month, which grounded scores of flights, created new problems in California's fuel markets. U.S. traders were forced to store jet fuel bound for California on waterborne tanks…

Biden administration finalizes the solar lands plan and touts progress

The administration of U.S. president Joe Biden announced on Thursday that it had finalized plans to expand solar power on federal lands across 11 western states. This is part of an overall push to accelerate the permitting and…