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Latest News in Energy

• May 10, 2024

  Rivian's Cert. Oppo Not How 'Real World Works,' Judge Says

  A California federal judge told Rivian's attorney Friday that his arguments opposing class certification for investors alleging the carmaker misled them on material costs appeared to say that unless a company practically admits fraud in a disclosure it's not a "corrective" disclosure, but "that is not how the real world works."

• May 10, 2024

  $1B LNG Claim Won't Be Paused For $15B Keystone Case

  Canada has lost its bid to suspend a politically sensitive billion-dollar claim over a stymied liquefied natural gas facility in Québec until a critical jurisdictional issue in a parallel $15 billion claim against the U.S. challenging the cancelation of the Keystone XL pipeline is decided.

• May 10, 2024

  Zeekr's US Debut Could Spur More IPOs From China

  Electric-vehicle maker Zeekr's robust initial public offering sent an encouraging signal to Chinese companies considering whether to tap U.S. markets after a long lull, despite continued risks stemming from fractured U.S.-China relations, experts said Friday.

• May 10, 2024

  Pa. Commission Had Right To Deny Grid Project, 3rd Circ. Told

  The Pennsylvania Public Utility Commission called on the Third Circuit on Friday to reinstate its rejection of a transmission power project approved by regional grid operator PJM Interconnection, arguing a federal district court wrongly deemed the decision unconstitutional.

• May 10, 2024

  Trade Court Lets Solar Duties Suit Proceed Over Feds' Protest

  U.S. solar panel manufacturers' suit over a two-year pause on new duties for competitors from four Southeast Asian countries survived the government's push for dismissal this week, with the trade court affirming its authority over the case.

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