Wednesday, July, 28, 2021

WASHINGTON, D.C. (July 28, 2021) – Engineering and construction costs continued to rise in July, according to IHS Markit (NYSE: INFO) and the Procurement Executives Group (PEG). The July 2021 headline IHS Markit PEG Engineering and Construction Cost Index increased 0.3 points from June, reaching an index level of 78.6. The materials and equipment sub-index fell 1.4 points from last month to 83.7...

Wednesday, July, 28, 2021

The evolution of the U.S. offshore wind market is being driven by an increase in state-level policy commitments, federal lease sales, offtake agreements, and supply chain activities. But bottlenecks in the market and a crucial lack of infrastructure mean that U.S. President Joe Biden’s optimistic offshore wind target of 30GW by 2030 will almost certainly be missed, a new report from the Clean En...

Thursday, July, 22, 2021

“Too much money and not enough projects” is how the head of the DOE Loan Programs Office characterizes the current pace of deployment for climate-related projects in the United States.

Tuesday, July, 13, 2021

LONDON--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, todayannounced that its Board of Directors has declared a quarterly cash dividend in the third quarter of 2021, in the amount of $0.20 per share. The cash dividend is payable on August 13, 2021 to common shareholders of record at the close of business on July 30, 2021.

Thursday, July, 1, 2021

WASHINGTON--( BUSINESS WIRE)--In the latest episode of the new CERAWeek Conversations series for 2021, Joe Kang, president of the International Gas Union (IGU), whose members represent more than 95% of the global gas market, discusses why “gas supply is a catalyst for the energy transition;” how LNG’s flexibility allowed for “tremendous performance in this dire situation” during the pand...

Thursday, June, 24, 2021

WASHINGTON--(BUSINESS WIRE)--In the first episode of the CERAWeek Conversations series for 2021, Bob Dudley, chairman of the Oil and Gas Climate Initiative (OGCI), discusses how the post-pandemic recovery of energy demand “shows the size, scale and complexity” of the challenge to reduce global emissions and why “no one company, no one real industry [can do it alone].”

Wednesday, June, 23, 2021

CALGARY, Alberta, June 23, 2021--(BUSINESS WIRE)--Canadian oil sands production has fully recovered from last year’s "COVID-19 Shock"—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. However, lingering COVID impacts, pipeline constraints and uncertainties related to an accelerating energy transition have reduced the longer-term growth...

Wednesday, June, 23, 2021

WASHINGTON, D.C. (June 23, 2021) – Engineering and construction costs rose for the eighth consecutive month in June, according to IHS Markit (NYSE: INFO) and the Procurement Executives Group (PEG). The headline IHS Markit PEG Engineering and Construction Cost Index registered 78.2 for the month, a slight decline of 0.6 index points from May’s reading, though still firmly in expansion territory...

Wednesday, June, 23, 2021

NEW YORK, NY (June 23, 2021) – RootMetrics, the global standard for independent mobile performance benchmarking and analytics, today released results from testing mobile network performance in four cities across South Korea. The new report shows that South Korean operators KT, LG U+, and SK Telecom have continued to grow their 5G footprints and are delivering speeds that consumers in other count...

Wednesday, June, 23, 2021

LONDON--(BUSINESS WIRE)--IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today reported results for the second quarter ended May 31, 2021.Revenue of $1.181 billion, with 13 percent total organic revenue growthNet income of $159 million and diluted earnings per share (EPS) of $0.40Adjusted EBITDA of $517 million and Adjusted earnings per diluted share (Adju...