News

Houston could need 50% more electricity by 2031 at peak times, says CenterPoint
CenterPoint Energy’s Houston-area customers could require 50% more electricity during peak usage times by 2031, company ...
Behind-the-scenes struggle occurring over LIPA contract to manage electric grid
LIPA board deliberates on awarding Long Island electric grid contract, with Quanta Services and PSEG Long Island ...
CenterPoint's billion-dollar plans involve surging power demand, recovery of storm costs
The Houston utility company is preparing to submit nearly a dozen transmission projects to ERCOT and file to recover over $1 ...
CenterPoint to spend more to meet AI power demand despite fall in quarterly profit
CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure ...
Chemical Engineering11h
Yokogawa to acquire Web Synergies, a provider of integrated IT/OT solutions
Yokogawa Electric Corporation (Tokyo, Japan; announces that it has finalized an agreement to acquire Singapore-based Web ...
CenterPoint Energy increases capital investment plan to $48.5B through 2030
Q1 2025 Management View CEO Jason Wells highlighted the Q1 2025 non-GAAP EPS of $0.53 and reaffirmed the full-year 2025 ...
Bisnow11h
Rightsized Already: Energy Company Renews 221K SF Lease In Downtown Houston
Aramco's downstream company Motiva Enterprises renewed its 221K SF lease at One Allen Center in Downtown Houston.
Oil merger triggers layoffs | What we know and what’s still unknown
HOUSTON — ConocoPhillips (NYSE: COP) is planning more layoffs after acquiring fellow Houston operator Marathon Oil Corp. for ...
Aramco subsidiary Motiva renews headquarters lease at Allen Center complex in downtown Houston
The company moved into the tower in 2015, consolidating multiple offices into a single space that the company said would create more cohesion and collaboration among employees.