Tuesday , 16 December 2025

Recent Posts

Florida waters still being considered for oil drilling

Bloomberg Despite Interior Secretary Ryan Zinke’s January 9 declaration that Florida is “off the table” for offshore oil drilling, that activity is actually still on the table. The acting director of the Bureau of Ocean Energy Management made clear that Zinke’s decision, announced on Twitter and described to reporters in the Tallahassee airport, doesn’t stop a formal process of considering …

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Iraq’s Kurdish gas project gets boost amid political tumult

Bloomberg Plans to export natural gas from Iraqi Kurdistan got a boost after reserves were upgraded at two key fields. Yet successful development still hinges on the region’s turbulent politics. The Miran and Bina Bawi deposits hold 14.8 trillion cubic feet of contingent gas resources, explorer Genel Energy Plc said in a statement after an audit was carried out by …

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ValueAct takes AES stake in clean energy push

Bloomberg Activist investor ValueAct Capital Management has taken a stake in international power producer AES Corp., and the fund’s founder Jeffrey Ubben will join its board to help push for cleaner energy resources. Ubben will work with AES on the company’s plan to sell coal assets, reduce debt and develop more solar power and battery storage, according to AES. ValueAct, …

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