Featured Articles in Energy Business News

Two Ohio coal plants to close

An electric utility company is closing two coal-fired power plants by next year, citing economic conditions. Dayton Power & Light, a subsidiary of utility giant AES Corp., announced on Monday the closure of the J.M. Stuart and Killen generating stations, following a monthslong review of the plants. They are the latest in a string of Read More…

EPA chief: Carbon dioxide isn’t a ‘primary contributor’ to global warming

The head of the Environmental Protection Agency (EPA) said Thursday that he does not believe carbon dioxide is a “primary contributor” to climate change. “I think that measuring with precision human activity on the climate is something very challenging to do and there’s tremendous disagreement about the degree of impact. So no, I would not Read More…

Colstrip power plant owner pushes for tax break to keep plant units open

Talen Energy is pushing Montana lawmakers for a tax break worth millions to keep two units of the coal-fired Colstrip power plant open, with one Republican leader saying Tuesday the units could close within the year without some form of assistance. House Speaker Austin Knudsen, R-Culbertson, said the $10 million coal severance tax reduction proposed Read More…

Job Surge in Bakken

There has been a sudden surge in job openings in the Bakken – particularly for hydraulic fracturing and completion crews – as companies ramp up to put more wells on line in the first half of 2017, reports Oil Patch Hotline. Pay scales are running between $16 and $30 an hour. The number of job Read More…

All in: Energy Business News

Tenaga Nasional Berhad forms Strategic Alliance with Trilliant to Support Innovation and Growth Plans

RALEIGH, N.C., May 23, 2017 /PRNewswire/ — Trilliant and Tenaga Nasional Berhad (TNB) have formed a strategic partnership to support TNB’s nationwide plan for smart meter deployment, along with a joint go-to market strategy to drive innovation and deliver transformative smart communications solutions to utilities across Asia Pacific and other select regions. This approach, steered by Read More…

Acrylic Fibre Market expected to reach a market value of US$ 6,197.82 million by 2026

NEW YORK, May 23, 2017 /PRNewswire/ — Highlights ·         Acrylic fibre, commonly used for manufacturing apparels, outdoor furniture, boat covers, awnings, carpets etc., is a synthetic fibre manufactured in various forms including acrylic staple, tow, and filament. ·         Major demand for acrylic fibre is expected to come from Asia Pacific, Middle East & Africa, and Read More…

CHINT Group Holds 7th International Marketing Forum in Bangkok to Enhance Global Cooperation

BANGKOK, May 23, 2017 /PRNewswire/ — CHINT Group (“CHINT”), a leading Chinese company in the fields of industrial electrical equipment production and clean energy, hosted its seventh International Marketing Forum (CIMF) in Bangkok, Thailand from May 20-23, 2017. The gathering is a step forward for CHINT in bringing sales and marketing partners closer for insight sharing Read More…

Wind Energy Foundation Market is expected to reach USD 241.14 billion by 2024

NEW YORK, May 22, 2017 /PRNewswire/ — Highlights ·         The global wind energy foundation market is expected to reach USD 241.14 billion by 2024, according to a new report by Grand View Research, Inc. ·         Increasing concerns over depleting petroleum resources has resulted in influencing growing demand for renewable energy. ·         Increasing global population and Read More…

Compressed Air Treatment Equipment Market is expected to reach 11.2 billion USD by 2025

NEW YORK, May 22, 2017 /PRNewswire/ — Highlights ·         The global compressed air treatment equipment market is expected to reach USD 11.2 billion by 2025, according to a new report by Grand View Research, Inc. ·         Ambient air usually contains contaminants that are drawn into the compressor and pose the chance of contaminating compressed air. Read More…

Fiber Optic Connector Market expected to reach USD 5.9 billion by 2025

NEW YORK, May 22, 2017 /PRNewswire/ — Highlights ·         The global fiber optic connector market is expected to reach USD 5.9 billion by 2025, according to a new report by Grand View Research, Inc. ·         The fiber optics segment is expected to grow, significantly, over the forecast period. ·         Fiber optic connectors have huge potential Read More…

Chesapeake Energy Corporation Announces Pricing Of Private Placement Of $750,000,000 Of Senior Notes

OKLAHOMA CITY, May 22, 2017 /PRNewswire/ — Chesapeake Energy Corporation (NYSE: CHK) today announced that it has priced its private placement to eligible purchasers of $750,000,000 aggregate principal amount of 8.00% senior notes due 2027 (the “notes”).  The notes will bear interest at a rate of 8.00% per annum, payable semi-annually on June 15 and December Read More…

Hannon Armstrong Managing Director Susan Nickey Elected to American Wind Energy Association (AWEA) Board

ANNAPOLIS, Md., May 22, 2017 /PRNewswire/ — Hannon Armstrong Sustainable Infrastructure Capital, Inc. (“Hannon Armstrong,” or the “Company”) (NYSE: HASI), a leading investor in sustainable infrastructure, including energy efficiency and renewable energy, announced today that Managing Director Susan Nickey has been elected to the board of directors of the American Wind Energy Association (AWEA), the premier Read More…

Global $4.96 Billion Refinery Catalysts Market Shares, Strategies, and Forecasts 2017-2023 – Research and Markets

The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC Read More…

PBF Energy Announces Pricing of $725 Million of 7.25% Senior Notes due 2025

PARSIPPANY, N.J., May 22, 2017 /PRNewswire/ — PBF Energy Inc. (NYSE: PBF) (“PBF Energy”) announced today that its indirect subsidiary, PBF Holding Company LLC (“PBF Holding”), priced $725 million in aggregate principal amount of 7.25% senior notes due 2025 (the “Notes”) in a private offering. The offering is expected to close on May 30, 2017, subject Read More…

Amy Roberts Announced as Judge for 2017 Nellie Cashman Woman Business Owner of the Year Award

SEATTLE, May 22, 2017 /PRNewswire/ — BDO USA, LLP, one of the nation’s leading accounting and consulting organizations, today announced that Spokane Partner Amy Roberts has been selected to serve as one of five judges who will help select the recipient of this year’s prestigious Nellie Cashman Woman Business Owner of the Year award (the Read More…

Zion Oil & Gas Launches New Stock Unit Option

DALLAS and CAESAREA, Israel, May 22, 2017 /PRNewswire/ — Zion Oil & Gas, Inc. (NASDAQ: ZN) announces its new Unit Option program under its Dividend Reinvestment and Common Stock Purchase Plan (DSPP).  “In anticipation of finally spudding our long-awaited Megiddo-Jezreel #1 well, we are launching our new $250 Unit Option that enables potential investors to quickly Read More…

Tannin Market to Reach $3.3 Billion by 2025 – Increasing Demand from the Leather Industry – Research and Markets

DUBLIN, May 22, 2017 /PRNewswire/ — Research and Markets has announced the addition of the “Tannin Market Analysis By Sources (Plants, Brown Algae), By Product (Hydrolysable, Non-hydrolysable, Phlorotannins), By Application (Leather Tanning, Wine Production, Wood Adhesives, Anti-corrosive Primers), And Segment Forecasts, 2014-2025” report to their offering. The global tannin market is expected to reach USD Read More…

Commercial Metals Company Announces Third Quarter Fiscal 2017 Conference Call Webcast Details

IRVING, Texas, May 22, 2017 /PRNewswire/ — Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, June 22, 2017, at 11:00 a.m.  Eastern Time (10:00 a.m. Central) with Joe Alvarado, Chairman of the Read More…

Kennametal Foundation Announces 2017 Scholarship Winners

LATROBE, Pa., May 22, 2017 /PRNewswire/ — The Kennametal Foundation today announced four winners of its 2017 Kennametal Foundation Scholarship Program in partnership with the National Merit Scholarship Corporation.  Each winner receives a scholarship award renewable for up to four years of undergraduate study that they can use at a regionally accredited U.S. college or Read More…

Trump jets off to Saudi Arabia

By Anthony Adragna 05/19/2017 10:00 AM EDT Updated 05/19/2017 07:49 AM EDT 2017-05-19T07:49-0400 With help from Darius Dixon, Ben Lefebvre and Alex Guillén TRUMP KICKS OFF INTERNATIONAL TRIP: Amid ongoing White House crises, President Donald Trump departs today on his first international trip, a nine-day, five-country trek. Expect the U.S. to tout its energy ties Read More…

Sharp grilling expected for Bernhardt today

With help from Nick Juliano and Darius Dixon YOU’RE UP, BERNHARDT: Expect Democrats on the Senate Energy and Natural Resources Committee to pepper President Donald Trump’s selection for the number two position at Interior, Dave Bernhardt, with questions about how he’ll juggle conflicts of interests stemming from his work as an energy and water policy Read More…

Advice for EPA on regulatory reform

With help from Darius Dixon, Ben Lefebvre and Eric Wolff HELPING TRUMP NAVIGATE THE REGULATORY WEEDS: Amid the daily drama out of President Donald Trump’s administration, its deregulatory bonanza has been proceeding relatively smoothly. Business groups and Republicans have cheered Trump’s orders for EPA to revisit the Obama administration’s highest-profile rules, and now they are Read More…

Offshore wind faces serious legal test

With help from Eric Wolff, Esther Whieldon and Anca Gurzu OFFSHORE WIND’S BIGGEST HURDLE? Legal action from several cities, fisheries and fishery associations in New England, New York and New Jersey is threatening to delay the growth of the nascent offshore wind industry, Pro’s Esther Whieldon reports. The suit threatens to set back a clean Read More…

Taking stock of GOP's CRA push

With help from Ben Lefebvre and Eric Wolff WHAT A CRA-ZY RIDE: They suffered a setback with the failure of a methane challenge this week, but the Republican-led Congress was positively glowing as the clock ran out Thursday on its fastest tool to overturn their most-hated Obama-era regulations. To review, 13 Congressional Review Act resolutions Read More…

Methane CRA could reemerge in 2018 races

With help from Esther Whieldon, Alex Guillén and Ben Lefebvre READING THE FALLOUT POST-METHANE FLOP: The clock ticks down today on the Congressional Review Act window, and Senate Republicans failed in their last chance to nullify an Obama-era energy rule Wednesday. But some conservatives are hoping they can get a consolation prize: something to wield Read More…

Trump team to meet on Paris again

With help from Esther Whieldon, Matt Daily, Alex Guillén and Bernie Becker THIS IS (PROBABLY) IT! President Donald Trump’s top advisers convene for a pair of meetings on Tuesday that could mark the last opportunity to work through internal divisions about whether to stick with the Paris climate agreement before a decision comes, Pro’s Andrew Read More…

Another White House huddle on Paris today

With help from Darius Dixon and Annie Snider MORE HUDDLING ON PARIS TODAY: Lawyers from the White House, National Security Council, State Department and Justice Department are gathering today to discuss the legal implications of remaining in the Paris climate change agreement, Pro’s Andrew Restuccia scooped, citing two people familiar with the meeting. Ivanka Trump Read More…