The events resulted in Puerto Ricans calling for the cancellation of Luma Energy's contract.
The contract states Luma Energy will be paid some $122 million next year, up from the $115 million it has received so far. Pierluisi attributed the increase to inflation costs. Luma Energy's provisional contract will remain in place during negotiations to restructure the power authority's debt.
The final say was sadly not Puerto Rico ‘s Long thread 🧵
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Puerto Rican towns sue Big Oil under RICO alleging collusion on climate denialPuerto Rican municipalities have filed a lawsuit in federal court saying ExxonMobil Corp, Shell Plc, Chevron Corp and others colluded to publicly downplay the risks of their fossil-fuel products on climate change and are financially responsible for damages from the devastating 2017 hurricane season, which was made worse by global warming. Puerto Rico’s friggin national pastime is RICO. It’s right in their friggin NAME. Irony Load 💩 😂😂😂
Source: Reuters - 🏆 2. / 97 Read more »
Hancock makes a play for WarregoGina Rinehart’s Hancock Energy, which is a subsidiary of Hancock Prospecting, has made a competing bid for ASX-listed Warrego Energy. Hancock Energy on Wednesday announced an all-cash offer of 23c a share for all of the shares in Warrego, trumping a current 20c a share cash bid from ASX-listed Beach Energy, which earlier this month entered into a bid implementation deed with Warrego.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »