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EDP Renováveis agrees to sell 80% stake in Canadian wind farm for $600-million

The deal is part of EDPR’s strategy to raise €7-billion through ‘asset rotation’ as it sells mature renewable energy sites to finance new ones

Canada , Portugal , Log-increate-free , Energy , Topenergy , Edp , Megawatt , Alberta , Company , Deal , Strategy

Canada and Britain team up on nuclear fusion development

Fusion could generate four times as much energy as nuclear fission, and does not produce long-lived radioactive waste, according to the International Atomic Energy Agency

Canada , France , United-kingdom , United-states , Britain , Canadian , French , British , Fusion-industry-association , Sustainable-development-technology-canada , International-atomic-energy-agency

Diamondback to buy Endeavor Energy for about US$26-billion in growing Permian push

The combined company would be the third largest oil and gas producer in the region behind Exxon and Chevron, with both having announced recent deals

Texas , United-states , Autry-stephens , Exxon , Energy-partners , Reuters , Diamondback-energy , Log-increate-free , Permian-basin , Endeavor-energy-partners , Pioneer-natural-resources , Black-gold

TotalEnergies no longer sending ships through strait leading to Red Sea

TotalEnergies CEO Patrick Pouyanne said that the costs of going through the Red Sea have gone up, partly due to higher insurance costs

France , Red-sea , Djibouti-general- , Djibouti , Bab-el-mandeb , French , Patrick-pouyanne , International-energy-agency , Log-increate-free , Topenergy , Energy

Political fight intensifies over Biden's pause on new LNG export permits

Coalition of Republican-led states say the White House and U.S. Energy Department have not cited any statutory authority to reject export permits

Ottawa , Ontario , Canada , West-virginia , United-states , Ukraine , Kansas , Department-of-energy , District-of-columbia , White-house , Kitimat , British-columbia

BP earned US$3-billion at end of last year but saw annual profit fall by half from 2022

BP brought in $13.8-billion for all of last year, a huge drop from the $27.7-billion it earned in 2022

Portugal , Spain , North-sea , Oceans-general- , Oceans , Russia , London , City-of , United-kingdom , Ukraine , Bernard-looney , Murray-auchincloss

Imperial Oil reports fall in fourth-quarter profit as maintenance activities hit throughput volumes

Imperial Oil posted a net income of $1.37-billion, or $2.47 per share, for the quarter ended Dec. 31, compared with $1.73-billion, or $2.86 per share, the previous year

Canada , Canadian , Imperial-oil , Log-increate-free , Topenergy , Energy , Boepd , Production , Bpd , Share , Cent