July 27, 2022 archive

Cheniere announces quarterly dividend

  Cheniere Energy, Inc. announced a quarterly dividend this week. The company’s Board of Directors declared a cash dividend of 33 cents a common share payable on August 16, 2022 to shareholders of record as of the close of business on August 9, 2022. Cheniere Energy, Inc. is the leading producer and exporter of liquefied …

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Headlines of other energy stories

** Sen. Joe Manchin (D-W.Va.) announced on Wednesday that he has struck a deal with Senate Majority Leader Charles Schumer (D-N.Y.) on legislation aimed at advancing key pieces of President Biden’s agenda, including measures that target taxes, lowering drug prices and combating climate change. ** Exxon Mobil Corp on Tuesday said it has made two new …

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$1 billion upgrade on locomotives planned by Union Pacific

  In a move to cut pollution from its engines, Union Pacific Railroad plans to spend more than $1 billion upgrading 600 of its old diesel locomotives over the next three years. The Omaha, Nebraska-based railroad said the upgrades will cut nearly 210,000 tons of carbon emissions a year and be the equivalent of taking …

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Biden orders more oil released from Petroleum Reserve

  President Biden’s first release of crude oil from the Strategic Petroleum Reserve drew the ire of some Oklahoma congressmen and the next release announced Tuesday will surely do the same. The Biden administration announced it will sell another 20 million barrels of oil from the SPR in order to calm oil prices that increased …

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