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Energy

Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade

By MICHELLE CHAPMAN
Jul 18, 2025 8:20 am - Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.
Trump offers regulatory relief for coal, iron ore and chemical industries

By MATTHEW DALY
Jul 17, 2025 7:43 pm - WASHINGTON — President Donald Trump is granting two years of regulatory relief to coal-fired power plants, chemical manufacturers and other polluting industries as he see...
Illinois bet on solar to meet its climate goals. Trump has the industry in his crosshairs.

By Andrew Adams
Jul 17, 2025 1:41 pm - Congress’ latest budget package slashed federal tax incentives for solar developments. Industry insiders said the latest federal policies create “a lot of uncertainty.” Illinois facilitates significant funding for the renewables industry, particularly for solar, which provides some insulation against the federal action.
Carpentersville, Huntley, Palatine among school districts receiving grants for new electric buses

By Barbara Vitello
Jul 11, 2025 6:06 pm - School districts in Cook, Kane, McHenry and other counties will receive grants totaling more than $13 million to pay for 46 new electric school buses, Gov. JB Pritzker announced Friday.
Rubio says U.S. and Russia have exchanged new ideas for Ukraine peace talks

By MATTHEW LEE
Jul 10, 2025 8:00 am - U.S. Secretary of State Marco Rubio said Thursday that the U.S. and Russia have exchanged new ideas for Ukraine peace talks after he met with his Russian counterpart in Malaysia Thursday.
In a big bill that hurts clean energy, residential solar likely to get hit fast

By MICHAEL PHILLIS
Jul 03, 2025 10:57 am - As Republicans in Congress rushed forward with a massive tax and spending cut bill, a North Carolina renewable energy executive wrote to his 190 employees with a warning: Deep cuts to clean energy tax credits were going to hurt.
Kane County considers request for solar farm near Elgin

By Susan Sarkauskas
Jun 30, 2025 8:51 pm - A landowner is asking Kane County for permission to install a community solar electric facility on farmland near Elgin.
State’s gasoline tax hike goes into effect Tuesday; here’s what it could cost you

By Jake Griffin
Jun 30, 2025 4:29 pm - The state’s motor fuel tax is increasing by nearly 3% beginning Tuesday, bringing the state’s gasoline tax rate to 48.3 cents a gallon and costing the average driver an estimated $6 more a year.
ComEd expanding Elk Grove substation to power data center boom

By Christopher Placek
Jun 27, 2025 6:08 pm - ComEd is expanding its substation in Elk Grove Village to accommodate the growing demand for electricity from data centers in the area.
Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane

By AAMER MADHANI
Jun 23, 2025 3:02 pm - President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities.

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