Germany-based RWE, which is developing offshore projects in New York and California, bid $5.6 million for its 102,000-acre site off Louisiana in the Aug. 29 Gulf of Mexico lease sale,
States say Federal Energy Regulatory Commission did not consider New Jersey's claims that added capacity was not needed and would violate its climate change law.
Jacobs says planned spinoff continues of its Critical Mission Solutions business, which employs 16,000 of its 60,000 employees, but KBR said on Aug. 21 that a rumored purchase "does not align with ... its capital deployment and strategic priorities and thus is not being pursued.”
A $283-million gas power plant being built near Billings may face added environmental scrutiny as state Supreme Court weighs Aug. 14 lower court ruling of state law barring greenhouse gas emission impact review as unconstitutional.
Proposed EPA mandate's reliance on hydrogen and carbon capture evoked concern in comments sent by an Aug. 9 deadline, but supporters say investment in clean transition approaches already are well underway.
Occidental Petroleum and Battelle lead Texas and Louisiana projects set for award of first-round federal funds, with 19 regional direct air capture hub teams—that include AEC firms—set to gain a total of $100M.
Feds propose 557 sq miles of new Atlantic ocean tracts for development and set Aug. 29 for first Gulf of Mexico auction of three large sites, but projects now confront rising costs for the first time.
Unanimous FERC vote July 27 on final rule will prioritize the most construction-ready, financially-viable projects, but its effective date was not announced.
Firms' global revenue hits new peak of $138.9 billion with elevated environmental priorities, more funding and continued sector consolidation, but key risks still hover.
U.S.
based giant First Solar also said it will spend $1.1 billion to build its
fifth domestic component factory in Louisiana, as India and China-based manufacturers plan new American capacity boosts