Favorable weather and cost-saving measures have positioned DTE Energy Co. to achieve its previously announced earnings target of $1.25-1.30 billion this year, with several of the Detroit-based company’s businesses on track to come in on the higher end of projections despite the Covid-19 pandemic. “It is great to be part of such an amazing team…
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DTE Gas Working to Reduce Michigan’s Carbon Footprint with Aggressive Initiatives
Detroit’s DTE Gas is ramping up its efforts in going green, joining its parent company with a goal to achieve net zero carbon emissions by 2050. The greenhouse gas (GHG) reduction goals, an expansion of DTE Energy Co.’s 2018 ambitions to reduce methane emissions by 80%, include partnering with customers to address up to 100%…
Haynesville Holds ‘At Least’ 10 Years of Drilling at $2/MMBtu, Says DTE
DTE Energy CEO during a third quarter conference call Monday touted the company’s recent midstream acquisition in the Haynesville Shale, claiming its “extremely strong” resources hold “at least 10 years of drilling available at sub $2/MMBtu prices.”
Utilities Announce Billions in Investments in NatGas Infrastructure, Generation
Two major U.S. utilities recently announced five-year plans to invest billions in their natural gas infrastructure.