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  • Reuters

    Guyana's $1.9 billion gas-to-power project delayed to 2025

    Guyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power project that was to start this year, using untapped gas to slash electricity costs, a Ministry of Natural Resources consultant said on Tuesday. The rising oil producing nation relies on imported fuels in its shaky electric grid and has promised to use its oil wealth to construct a 140-mile (225 km) pipeline, gas processing facility and up to 300 megawatt (MW) power plant. Winston Brassington, a government consultant involved in the project, said the combined-cycle power plant is delayed and full operation will not be possible until the fourth quarter of 2025.

  • Investor's Business Daily

    Permian Basin Pure Play Sees First Revenue Gain In A Year

    Diamondback upshifted among oil stocks with its $26 billion acquisition of Endeavour Energy. Then it topped Q4 expectations.

  • Yahoo Finance

    Crashing lithium prices turn the industry from 'euphoria' to 'despair.' What's next?

    Lithium prices have crashed from their 2022 all-time highs, prompting layoffs and project delays as EV demand slows.