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Eavor Technologies, a Canadian geothermal startup, announced a $40 million funding round this week, and big oil is getting onboard. Chevron’s Technology Ventures and BP Ventures are some of the startup's backers as oil corporations increase their renewable energy space investments. Eavor said it...
The Canadian-based investment group, Power Energy Corp, has expanded into the U.S. solar market by acquiring Nautilus Solar, a U.S. company headquartered in New Jersey. This past week, Power Energy Corp took full control of the American solar energy provider. The acquisition is one...
General Electric is furthering its renewed commitment to the environment with its launching of a new solar business with BlackRock. GE has created a footprint in the industry over the past few years, aligning its goals with energy storage and renewable storage.  GE has...
U.S. crude stocks climbed to their highest levels since September 2017 on Wednesday, owing to record-high production. Crude inventories in the U.S. rose to just over 470 million barrels. Last week, U.S. crude inventories surpassed expectation when the supply increased by 9.9 million barrels....
Earth Day is Monday, April 22 and with that in mind, the National Association of Realtors (NAR) has just released its REALTORS and Sustainability 2019 Report. The report highlights consumer preference about environmental sustainability features in real estate. NAR has previously pledged a...
Thanks to Apple’s influence, 15 more of its suppliers will now use 100 percent renewable clean energy when manufacturing Apple products. This brings the total to 23 of Apple’s suppliers making the environmental commitment. Some of Apple’s most recent pledges by its suppliers include...
The U.S. Energy Information Administration (EIA) released its weekly report showing higher crude oil prices, but lower crude inventories. Crude oil supplies fell by 8.6 million barrels last week. While the drop was surprising to some, the numbers are still higher than the month-to-month five-year average. It...
Greenpeace, the global environmental watchdog agency, is taking yet another stab at Amazon in its recently released report entitled “Clicking Clean Virginia”. The report, released on February 13, focuses on what is known as the “Data Center Alley” located just outside Washington, D.C. Contrary...
An oil pump, credit: wikimedia commons Chesapeake Energy Corporation (NYSE: CHK) announced on October 30 that it has agreed to acquire WildHorse Resource Development Corp. (NYSE: WRD) in a cash and stock deal worth approximately $3.9 billion. The deal is expected to close...
Denbury Resources Inc. (NYSE: DNR) announced on October 28 that it will acquire Penn Virginia Corporation (NASDAQ: PVAC) in a deal worth approximately $1.8 billion. Penn Virginia shareholders will receive 12.4 shares of Denbury common stock and $25.86 of cash per share of Penn Virginia common stock...