Tag:

Energy

Trump Strikes Deal With Ukraine For Rare Earth Minerals Trump Strikes Deal With Ukraine For Rare Earth Minerals
Trump Strikes Deal With Ukraine For Rare Earth Minerals The Trump Administration has successfully negotiated an agreement with Ukraine regarding the development of the nation’s rare earth mineral resources.  The move is anticipated to strengthen diplomatic ties and pave the way for a long-term US security commitment amid Ukraine’s ongoing, three-year-old war with Russia. It's also seen as a form of reimbursement for the hundreds of billions of dollars of assistance and weapons the United States has provided to Ukraine. This significant development was initially reported by Ukrainska Pravda and the Financial Times late Tuesday afternoo…
Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks
Biden Blocks Offshore Drilling Along Many US Coastal Areas, Citing Environmental Risks President Joe Biden announced sweeping protections against offshore oil and gas drilling along key US coastlines, including the east and west coasts, the eastern Gulf of Mexico, and Alaska. President Biden has taken decisive action to protect about 625 million acres along the U.S. coastlines from the risks of offshore oil and gas drilling, according to a White House statement on Monday, Jan. 6.  The move withdraws areas along the east and west coasts, the eastern Gulf of Mexico, and Alaska’s Northern Bering Sea from future drilling, citing potential environmental, economic, and public …
JCP&L To Spend $12.5M On Underwater Power Line Upgrade For NJ Barrier Islands JCP&L To Spend $12.5M On Underwater Power Line Upgrade For NJ Barrier Islands
JCP&L To Spend $12.5M On Underwater Power Line Upgrade For NJ Barrier Islands Jersey Central Power & Light will replace a high-voltage underwater power line in Barnegat Bay to improve reliability for more than 13,000 customers on New Jersey’s barrier islands, officials said. JCP&L will invest $12.5 million to replace an aging underwater power line beneath Barnegat Bay, FirstEnergy Corporation said in a news release on Friday, Nov. 22. The project was expected to be finished by mid-December. The 34.5-kilovolt line will be one of four high-voltage sources serving barrier island communities like Point Pleasant Beach, Lavallette, Seaside Heights, and Island Beach…