Sunday, September 1, 2024

Daily Energy Market Summary: 360 DCB – 10/5/2020 – Hosted by Michael Tanner

Stocks get hammered Tuesday as President Trump announces via Twitter that he is calling off stimulus talks late in the trading session.  The Dow Jones closed 375.88 points lower, or 1.3%, The S&P 500 ended the day down 1.4%. The Nasdaq dropped 1.6%.  The Dow was up more than 200 points before the tweet was sent. Both the S&P 500

Macquarie, Siemens units create U.S. distributed energy joint venture- oil and gas 360

Macquarie, Siemens units create U.S. distributed energy joint venture

Reuters NEW YORK – Units of Macquarie Group MQG.AX and Siemens AG SIEGn.DE are forming a venture named Calibrant Energy, that will invest in the emerging energy-as-a-service (EaaS) sector in the United States, according to a joint statement on Monday. Electricity generation is forecast to increasingly move away from traditional structures involving large fossil fuel-burning power plants, towards localized systems using renewable energy

Exclusive 360 Energy Expert Network Video Interview: Aegis – Can you protect your profits through hedging?

The responsibility of corporate management is protecting all stakeholder’s equity. In our “wild and crazy 2020” that is a tall order. Board members and corporate executives must rely on industry leadership and hedging. I have had the pleasure of seeing the experts at Aegis demonstrate their expertise and ability to protect the stakeholders. Matt Marshal, Market Analytics, Aegis, has been

U.S. oil refiners look to leapfrog Canadians in making renewable diesel- oil and gas 360

U.S. oil refiners look to leapfrog Canadians in making renewable diesel

Reuters WINNIPEG, Manitoba/NEW YORK – U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by 2030. Renewable diesel, made by

TC Energy to buy rest of TC PipeLines in $1.48 billion deal- oil and gas 360

TC Energy to buy rest of TC PipeLines in $1.48 billion deal

Reuters TC PipeLines LP TCP.N said on Monday top shareholder TC Energy Corp TRP.TO offered to buy the rest of the natural gas pipelines operator in a deal that valued the company at about $1.48 billion. Keystone pipeline operator TC Energy owns a 23.96% stake in TC PipeLines, according to Refinitiv data. TC PipeLines common shareholders will receive 0.650 common shares of TC Energy,

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