Energy News

Storage tanks at a Colonial Pipeline Inc. facility in Avenel, New Jersey, on Wednesday, May 12, 2021. Mark Kauzlarich | Bloomberg | Getty Images The recent ransomware attack on Colonial Pipeline was an all too familiar story to businesses across the United States. The pipeline, which supplies fuel to some 50 million people from the
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Monty Rakusen | Cultura | Getty Images A project aiming to harness geothermal energy from disused, flooded coal mines in the northeast of England took another step forward this week after it was given planning permission for an initial testing phase. In an announcement Monday, South Tyneside Council said the development would “draw geothermal energy
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Transportation Secretary Pete Buttigieg said Thursday that the ransomware attack on Colonial Pipeline, the operator of the country’s largest fuel pipeline, has been a “wakeup call” for U.S. cybersecurity vulnerability. Colonial is still struggling with a cybersecurity attack that forced its entire system offline on Friday and triggered widespread fuel shortages across the East Coast.
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U.S. President Joe Biden delivers remarks on the COVID-19 response and the ongoing vaccination program at the Eisenhower Executive Office Building on May 12, 2021 in Washington, DC. Drew Angerer | Getty Images WASHINGTON —  President Joe Biden signed an executive order Wednesday aimed at strengthening U.S. cybersecurity defenses, a move that follows a series
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In this article TAN PBW GBLD Long-term investors don’t need to worry about the cracks forming in the clean energy trade this year, says one market watcher. Popular exchange-traded funds focused on sustainable energy including the Invesco Solar ETF (TAN) and the Invesco WilderHill Clean Energy ETF (PBW) have lost significant momentum this year, down
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In this article .SPNY Energy has gone from first to worst. Energy stocks sank Friday, ending April as the month’s worst-performing sector despite slightly stronger-than-expected earnings from oil giants Exxon Mobil and Chevron. It is nevertheless the top-performing sector for 2021, up nearly 30%. In an interview Friday with CNBC’s “Trading Nation,” Craig Johnson, senior
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