June 13, 2026
Menu
Breaking
Authorities Take Down ‘AudiA6’ Group That Allegedly Laundered $389 Million in Bitcoin While bitcoin holds near $63,000, some data points to pain ahead for bulls Bitcoin’s ‘calm top’ challenges most market bottom estimates: Research World Cup Could Bring Billions in Volume to Prediction Markets in ‘Watershed Moment’: Bernstein

Energy

Enterprise Products Partners Is Set to Enter Growth Mode. Is It Time to Buy This Dividend Stock With a 7.3% Yield?

Enterprise Products Partners Is Set to Enter Growth Mode. Is It Time to Buy This Dividend Stock With a 7.3% Yield?

Enterprise Products Partners (EPD) is emerging from its recently concluded capital expansion projects with strong momentum and ample cash flow. The energy giant is geared to deploy this cash flow into accretive growth opportunities and increase returns to unitholders via higher distributions and buybacks.

BofA Securities analyst Doug Leggate believes EPD is in the early stages of a multi-year growth cycle with enhanced risk-adjusted returns for unitholders. Leggate upgraded the stock to Buy and increased his price objective to $37 per unit, implying an upside potential of over 20% from current levels.

At its current unit price, EPD offers investors a very attractive distribution yield of 7.3%. Moreover, the partnership has consistently increased its distributions and repurchased its units, further enhancing shareholder returns. Given its strong fundamentals and promising growth prospects, EPD appears to be a compelling investment opportunity for income-oriented investors.

Read More
California Adopts One of Nation’s Highest Fixed-Utility Fees

California sets record with highest fixed-utility fees in the nation

**California’s Bold Move: Unlocking a Clean Energy Future**

Prepare for a groundbreaking shift in California’s energy landscape! AB 1626, a landmark law, is set to revolutionize the way we power our homes and businesses. Starting in 2024, every customer of investor-owned utilities will contribute a modest $10 monthly fee.

This fee is not just a charge; it’s an investment in our planet’s future. The funds will fuel innovative programs that empower us to use energy wisely and slash greenhouse gas emissions. By embracing energy efficiency, we’re not only saving money but also safeguarding our environment for generations to come.

Supporters of AB 1626 hail it as a game-changer in California’s pursuit of a clean energy future. However, critics raise concerns about the potential impact on low-income households and question its effectiveness in reducing emissions.

The utility industry has responded with a mix of enthusiasm and caution. Some utilities embrace the fee as a step towards a greener grid, while others worry about the financial burden it may place on their customers.

One thing is clear: AB 1626 is a bold move that will shape California’s energy landscape for years to come. As we navigate this transition, let’s embrace the opportunity to create a cleaner, more sustainable future for all

Read More
Power plant proposals soar 90% amid surging demand

Power plant proposals soar 90% amid surging demand

US power plant development proposals surged 90% over the past year, reaching a 15-gigawatt high amid soaring electricity demand and the Biden administration’s clean energy push. New gas-fired proposals rose 120%, while solar and wind project proposals increased 78% and 58%, respectively. Experts attribute the surge to rising power consumption from electric vehicles, data centers, and heat pumps, as well as the need to replace retiring coal plants. The Biden administration’s goal of a decarbonized grid by 2035 is also driving investment in renewable energy projects.

Read More
Exxon Chief Goes on the Offensive as Wall Street Sours on ESG

Exxon Chief Goes on the Offensive as Wall Street Sours on ESG

ExxonMobil CEO Darren Woods is pushing back against the growing chorus of Wall Street investors who are souring on ESG. In a recent speech, Woods argued that ESG is a “distraction” from the real challenge of climate change, which he says is ultimately a problem that can be solved only through technological innovation. Woods’ comments come as ExxonMobil faces increasing pressure from shareholders and investors to improve its environmental performance. However, Woods has maintained that the company is committed to reducing its emissions and investing in renewable energy but insists that this must be done in a way that does not jeopardize the company’s financial performance.

Read More
Second EIA Survey Extension Being Pushed With Open Comment Period

Second EIA Survey Extension Being Pushed With Open Comment Period

The Army Corps is planning an Environmental Impact Analysis (EIA) to survey the potential impacts of the Bolsa Chica Lowlands Restoration Project. The review period for this survey has been pushed back by 15 days, through Wednesday, May 3, 2023, due to a finalized version not receiving approval in a timely manner. During this extended review period, the public is encouraged to submit any comments regarding the project.

Read More
Occidental Petroleum eyes $20 billion sale of Western Midstream

Occidental Petroleum eyes $20 billion sale of Western Midstream

Western-OCC -$20 billion-plus sale of Western Midstream, sources say

HOUSTON (Reuters) – Canadian oil and gas company is considering a sale of its midstream subsidiary, Western Midstream, in a deal that could be worth more than $20 billion, including debt, according to sources.

Two of the sources said has been working with investment banks on the potential sale.

is backed by the Canada Pension Plan Investment Board and Brookfield Infrastructure Partners and has a market value of about C$36 billion ($27 billion).

Read More
Kazakh crypto miners plead with president to cut energy prices

Kazakh miners beg president: Reduce energy costs!

Kazakhstan’s cryptocurrency miners are pleading with president Kassym-Jomart Tokayev to lower energy prices. With crypto prices climbing ever higher, they are struggling to remain competitive during periods of high electricity use.

Read More
A world where energy is politicized: absurd!

A world where energy is politicized: absurd!

The energy sector has become a hot-button political topic, as current government policies have served to politicize energy. Long-term economic decisions are now often dictated by the current party in power, hindering the progress of energy efficiency and innovation.

Read More
Close Menu