energy – Page 11 – Freedom 96.9

GM, LG retool Tennessee battery plant for energy storage batteries, recall laid-off workers

Tuesday, March 17 by SRN News

By Kalea Hall DETROIT, March 17 (Reuters) - General Motors and battery partner LG Energy Solution are transforming an electric-vehicle battery plant in Tennessee to make batteries for energy storage systems, the companies said Tuesday. GM and LG, through their joint venture Ultium Cells, will recall... Read More.

Wall St opens higher as investors weigh energy costs before Fed call

Tuesday, March 17 by SRN News

March 17 (Reuters) - Wall Street's main indexes opened higher on Tuesday with financial stocks in the lead, while investors weighed the impact of the Middle East conflict on energy costs, putting inflation risks back in focus ahead of the Federal Reserve's two-day meeting. The... Read More.

US government confirms Tesla and LG Energy Solution’s $4.3 billion battery deal

Tuesday, March 17 by SRN News

By Kanishka Singh WASHINGTON, March 16 (Reuters) - The U.S. government on Monday said electric vehicle maker Tesla and South Korea's LG Energy Solution had signed a supply agreement to build a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing facility in Lansing,... Read More.

BIS urges central banks not to overreact to energy price spike

Monday, March 16 by SRN News

LONDON, March 16 (Reuters) - The body that advises the world's central banks has urged policymakers not to overreact to the Iran crisis-driven spike in global energy prices, calling it a textbook case of when to "look through" a shock, especially if it proves... Read More.

Iran hits Gulf neighbors and keeps stranglehold on oil shipping as concerns rise of energy crisis

Monday, March 16 by SRN News

BEIRUT, Lebanon (AP) - Explosions echoed across Beirut early Monday as Israel struck the Lebanese capital. It also launched a new wave of attacks on Tehran, while Dubai was forced to temporarily close its airport after an Iranian drone hit a fuel tank. Since being... Read More.

Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war

Monday, March 16 by SRN News

NAIROBI, Kenya (AP) - Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding. Investors made wealthy by... Read More.

US oil CEOs warn Trump administration that energy crisis likely to worsen, WSJ reports

Sunday, March 15 by SRN News

March 15 (Reuters) - Chief executives of major U.S. oil companies warned official of U.S. President Donald Trump's administration that the energy crisis triggered by the Iran war is likely to get worse, The Wall Street Journal reported on Sunday, citing people familiar with... Read More.

US Energy secretary directs oil company to restore operations off California

Saturday, March 14 by SRN News

WASHINGTON (AP) - U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore operations in waters off southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act. Restoring Sable Offshore Corp.'s Santa Ynez unit and... Read More.

BofA delays BoE rate-cut call to June as energy prices revive inflation risks

Friday, March 13 by SRN News

March 13 (Reuters) - BofA Global Research, which had expected the Bank of England to begin cutting rates in March, has now pushed its call to June, saying rising energy prices have revived inflation risks and clouded the policy outlook. The Wall Street brokerage, which... Read More.

US Department of Energy to invest $1.9 billion for power grid upgrades

Thursday, March 12 by SRN News

March 12 (Reuters) - The U.S. Department of Energy will invest about $1.9 billion to accelerate upgrades of power grids in the country, it said on Thursday. U.S. power consumption is set to rise sharply this year and the next, driven by rapid growth in... Read More.

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Stories tagged with: energy

GM, LG retool Tennessee battery plant for energy storage batteries, recall laid-off workers

Wall St opens higher as investors weigh energy costs before Fed call

US government confirms Tesla and LG Energy Solution’s $4.3 billion battery deal

BIS urges central banks not to overreact to energy price spike

Iran hits Gulf neighbors and keeps stranglehold on oil shipping as concerns rise of energy crisis

Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war

US oil CEOs warn Trump administration that energy crisis likely to worsen, WSJ reports

US Energy secretary directs oil company to restore operations off California

BofA delays BoE rate-cut call to June as energy prices revive inflation risks

US Department of Energy to invest $1.9 billion for power grid upgrades

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