Cenovus Energy Inc.CVE, a major player in the energy sector, has announced its 2025 corporate guidance, outlining a capital investment range of $4.6 -$5.0 billion. The company aims to deliver upstream production between 805,000 and 845,000 barrels of oil equivalent per day (BOE/d). It als...
EnergyPerspectives2024 Drivinganenergytransitionatthespeed andscalenecessarytodeliverontheclimate ambitionsstatedintheParisAgreementisan immenselychallengingundertaking.Itwillrequireasynchronisedcommitmentfromgovernments,industriesandindividuals,targetingallparts oftheenergysector,withtheaimtoreduceCO?emissionsasquicklyandcost...
The FY 2024 budget justification for the United States Department of Energy (DOE) is a comprehensive document that outlines the department's budget request to Congress. The document includes a high-level narrative summary of the department's budget request, detailed budget requests at the...
The budget also extensively emphasised on energy transition and clean energy missions through different schemes. In another first of its kind move, it has proposed that 5-7 per cent of biomass pellets will be co-fired in thermal plants resulting in equivalent carbon dioxide savings of 38 million...
Our forecast 2025 capex budget of $400 million is a reduction of over 50% from recent years. Operationally, we were pleased to see first gas production at GTA at the end of 2024, followed earlier this month by first LNG production, two significant milestones for the project, its partners ...
The budget deal for fiscal year (FY) 2020 provided one of the largest single-year boosts in clean energy research, development, and demonstration (RD&D) since the creation of the Department of Energy (DOE) in 1978. Legislators have built on this achievement with a strong slate of bipartisan...
Talks on ending the Ukraine war, a pivotal budget vote in Congress and key economic reports comprise a busy week. Tim SmartFeb. 24, 2025 The Price Tag of Trump’s Renaming Spree How much does it cost to rename military bases and American landmarks? Spoiler alert: millions of dollars –...
To stay within the carbon budget necessary for the 1.5° pathway, a much steeper reduction in emissions would be required, particularly in the next ten years. Fossil fuel demand is projected to peak soon, but the outlook remains uncertain Total demand for fossil fuels is projected to peak by...
risks related to level of indebtedness and periodic redeterminations of the borrowing base and interest rates under the Company’s credit facility; Ring’s ability to generate sufficient cash flows from operations to meet the internally funded portion of its capital expenditures budget; t...
future investments. Energy needs to be utilized in a productive manner so that there is an increase in the chance of DESs to be implemented with effective cost budget. Management in energy sector has been a real problem for many developed economies due to huge losses in heating and cooling ...