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Virginia's Renewable Future: Dominion Energy Sells Wind Stake for $2.6B

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Stake Sale : Dominion sells a 50% stake in Coastal Virginia Offshore Wind to Stonepeak for $2.6B. Dominion Energy has struck a major deal by selling half of its stake in the Coastal Virginia Offshore Wind (CVOW) project to Stonepeak, one of the worlds leading infrastructure investors, for $2.6 offshore wind projects?

Energy 40
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Why Are Oil Giants Backing Away from Green Energy: Exxon Mobil, BP, Shell and more

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Where Is the Money for Energy Companies? As world leaders gather at the COP29 climate summit, a surprising trend is emerging: some of the biggest oil companies are scaling back their renewable energy efforts. Fossil fuels deliver higher returns than renewables, reshaping priorities across the energy industry. Whats Next?

Oil 40
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Gulf Oil Operators Chevron, BP, Equinor, Shell Brace as Tropical Storm Rafael Threatens Production

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BP, Chevron, Equinor, and Shell are evacuating offshore staff and preparing for potential impacts on their platforms, an all-too-familiar ritual for Gulf operators this year. Earlier forecasts from the Energy Information Administration had predicted as many as 25 storms, warning of record-breaking disruptions for the oil and gas industry.

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

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As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Grab your pumpkin latte and settle in for a spooky yet festive wrap-up of the energy sector! ????

Oil 40