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Public utility company Consumers Energy has unveiled plans to ensure Michigan’s future energy needs are met through the development of Gustin Solar in the state’s Northeast. “We want our customers to know they can count on us to develop new sources of energy as Michigan continues to grow. We can meet their needs with reliable energy produced right here in our state”, Sri Maddipati, Consumers Energy’s president of electric supply, said in a media release. Consumers Energy said it is collaborating with residents from Gustin and Harrisville townships in Alcona County, where the facility will be constructed. The construction is…
It recently also acquired several exploration blocks offshore Egypt.QatarEnergy agreed with Shell to acquire a 27 per cent participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana, Lebanon, Namibia and South Africa as part of a strategy to expand its global presence. It recently also acquired several exploration blocks offshore Egypt.The agreement, still subject to Egypt’s approval, stipulated that Shell will retain a 36 per cent participating interest as operator of the North Cleopatra block.…
2025-10-05T10:16:01Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. AMD’s CEO, Lisa Su, grew up in Queens and obtained three degrees from MIT. She’s credited with turning AMD into a roughly $270 billion powerhouse and rival to Nvidia in AI chips. Here is a look at her career rise, personal life, and challenges over the years. Lisa Su…
US vital statisticsSix years after Donald Trump allegedly wrote a suggestive birthday note to Jeffrey Epstein, the current US president put his name to something that now seems almost as shocking: a letter calling for action on the climate crisis.In 2009 Trump, then a real estate developer and reality TV personality, was among a group of business leaders behind a full-page advertisement in the New York Times calling for legislation to “control climate change, an immediate challenge facing the United States and the world today”. The US must lead on clean energy, Trump and the others wrote, to avoid “catastrophic…
Marc Andreessen says more C-suite leaders need to act like Elon Musk.”I believe there are a lot of people who should be learning a lot more from him who cannot bring themselves to do it and to their own detriment,” Andreessen said during a recent episode of Stripe cofounder John Collison’s “A Cheeky Pint” podcast.The A16z cofounder said that by observing Musk, he’s distilled the Tesla CEO’s actions into an unofficial playbook that looks far different from traditional corporate management texts, like the legendary General Motors CEO Alfred P. Sloan, after whom MIT named its school of management.”Basically, number one,…
This week in ESG news: Net Zero Banking Alliance ceases operations; survey finds businesses facing increasing pressure for sustainability reporting despite regulatory pullback; Microsoft invests in startup to provide low-carbon cement for data centers; Barclays signs its first carbon removal agreement; EU businesses support tougher sustainability regulations than proposed under Omnibus initiative; Apple launches project to restore forests and generate carbon credits; SBTi launches new climate target training and certification platform; Singapore’s central bank appoints first dedicated Chief Sustainability Officer; EU making progress on GHG reductions but economy faces growing environmental and nature risks, and more. See below for the…
Russian crude maintained its position as the largest single supplier, contributing about 1.6 million bpd – a 34 per cent share.India’s crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country’s total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow’s war effort in Ukraine.India’s crude imports in September were around 4.7 million barrels per day, up 2,20,000 bpd month-on-month and flat year-on-year.Russian crude maintained its position as the largest single supplier, contributing about 1.6 million bpd – a 34 per cent share.…
The two further held talks on the exchange of best practices between both nations.Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri held talks with Special Advisor to the President of Brazil Celso Luis Nunes Amorim and distinguished senior Brazilian government officials and advisors at a dinner hosted by Ambassador of Brazil to India Kenneth H da Nobrega.Puri, on Saturday, said that both parties discussed Indian investment in oil and gas sector in Brazil.”Was very pleased to join the Special Advisor to the President of Brazil HE Amb Celso Luis Nunes Amorim and distinguished senior Brazilian government officials and…
MIAMI (AP) — Tropical Storm Priscilla was strengthening slowly in the Pacific Ocean off the coast of Mexico early Sunday.The Miami-based National Hurricane Center said Priscilla was a “large tropical storm,” with tropical storm-force winds extending as far as 140 miles (220 kilometers) from its center. Its maximum sustained winds were 65 mph (100 kph), the center said, and it was located about 305 miles (495 kilometers) south-southwest of Cabo Corientes and headed toward the northwest at 5 mph (7 kph).A tropical storm watch was issued for part of the coast of southwestern Mexico, from Punta San Telmo to Punta…
KATHMANDU, Nepal (AP) — Landslides, a lighting strike and floodings triggered by severe rainfall killed at least 44 people in Nepal on Sunday, with five others reported missing, authorities said.Those killed included at least 37 people in the eastern mountain district of Illam, where whole villages were swept away by landslides, Nepal’s National Disaster Risk Reduction and Management Authority said. Several other people are still missing. Heavy rainfall was reported since Friday in the district, which borders India and is known for growing tea. Six people in the same family were killed when a landslide crushed their home while they…