energy
News
Credit crisis sparks another selloff; TSX hard hit by energy stocksThe Toronto stock exchange was down over 500 points late Friday morning with energy stocks again getting stomped as oil prices continued to retreat and financial stocks moved lower even as the government ...
Source : topix.net | 11-Oct-2008 23:18
Chesapeake CEO sells all shares of stock
Aubrey K. McClendon, chief executive officer of Chesapeake Energy Corporation, has sold all the shares of his stock in the company over the past three days in order to meet margin loan calls, the company said ...
Source : topix.net | 11-Oct-2008 19:12
KUA's Rob Morris receives sixth Microsoft MVP Award
Microsoft Corp. today announced that Kissimmee Utility Authority Internet application specialist Rob Morris has been named a Microsoft Most Valuable Professional for 2009. This is the sixth consecutive year that he has earned the prestigious MVP designation.
Source : topix.net | 10-Oct-2008 12:29
Lawsuit filed over 4 deaths in Wis. horse trailer
A woman whose parents and two daughters died from carbon monoxide poisoning while sleeping in a horse trailer before last year's World Clydesdale Show has sued the maker of a portable heater the victims were ...
Source : topix.net | 10-Oct-2008 09:44
Fuel for Natural Gas Vehicles Limited
Gas company says increase in demand is greater than current supplies. Questar Gas Co.
Source : topix.net | 10-Oct-2008 05:34
Private equity firms pull $7.8-billion TransAlta offer
LS Power Equity Partners and Global Infrastructure Partners proposed in July to acquire TransAlta for $39 per share, valuing the company at $7.8-billion. Officials with TransAlta resisted the takeover bid, ...
Source : topix.net | 10-Oct-2008 01:21
Utility Worker Dies In Brooklyn Manhole Explosion
A Consolidated Edison utility worker died Thursday in a manhole explosion in Brooklyn .
Source : topix.net | 09-Oct-2008 21:11
PSC Probes Utility Charges
Over the summer, power bills shot up 28 percent, due in large part, to higher than expected natural gas prices.
Source : topix.net | 09-Oct-2008 16:54
Omaha Public Power District delays bond issue
The Omaha Public Power District has postponed a $105 million bond issue because the ongoing credit crunch crippled the municipal bond market.
Source : topix.net | 09-Oct-2008 12:39
Occidental to develop oil fields in Abu Dhabi
Occidental Petroleum Corp. has signed a deal with the Abu Dhabi National Oil Co.
Source : topix.net | 09-Oct-2008 08:26
Ivanhoe signs new oil deal with Ecuador
Ivanhoe plans to invest up to $5-billion over 30 years to extract oil from the Pungarayacu field in Ecuador's Amazon jungle.
Source : topix.net | 09-Oct-2008 04:11
Shell agrees to curb cigarette sales in Vt. gas stations
Shell Oil Products US has agreed to implement a program to reduce cigarette sales to minors at convenience stores located at Shell stations, Vermont Attorney General William Sorrell said today.
Source : topix.net | 09-Oct-2008 00:01
NICE after Ameren's electric customers
A new company is trying to break into the barren wasteland known as residential electric service in Illinois and bring competition that's long been promised but never delivered.
Source : topix.net | 08-Oct-2008 19:49
Service Corp withdraws offer for funeral rival
Funeral services provider Service Corp. International said Tuesday that it had withdrawn its $1.5 billion cash offer to acquire smaller rival Stewart Enterprises Inc.
Source : topix.net | 08-Oct-2008 15:40
Oil dips to $89 on economic slowdown fears
Oil prices fell to $89 a barrel Wednesday in Asia on investor concerns that the credit crisis that began in the U.S. will trigger a prolonged global economic slowdown and hurt crude demand.
Light, sweet crude for November delivery was down 94 cents to $89.13 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore. The contract overnight rose $2.25 to settle at $90.06.
A $700 billion U.S. financial bailout plan approved last Friday has failed to soothe investors worried about a deepening economic malaise. The Dow Jones industrial average fell more than 500 points Tuesday to a five-year low.
Source : topix.net | 08-Oct-2008 11:38
Gas well in Conway County explodes
The fire at the drilling site near Center Ridge broke out about 2 p.m. and involved a drilling rig at a gas well owned by Southwestern Energy Company, said George Sheffer, company vice president for exploration ...
Source : topix.net | 08-Oct-2008 07:31
Spotlight: Petroleum Development Corp.
Thawing the Credit Crisis - Interview with CEO Richard McCullough
Source : topix.net | 08-Oct-2008 03:20
Devon Energy restores offshore production
OKLAHOMA CITY Devon Energy Corp. has restored 30,000 barrels of oil-equivalent per day of offshore oil and natural gas production in the Gulf of Mexico.
Source : topix.net | 07-Oct-2008 23:01
SCE&G to Test Nuclear Plant Sirens
South Carolina Electric & Gas Co. will be testing the 106 sirens located within 10 miles of its nuclear power plant near Columbia.
Source : topix.net | 07-Oct-2008 18:58
TVA distributors to buy interest in power plant
KNOXVILLE - Tennessee Valley Authority distributors for the first time have optioned a stake in a TVA power plant.
Source : topix.net | 07-Oct-2008 14:38
APCO seeks increase for fuel costs
" Alabama Power Co. is seeking another rate hike on top of higher charges for fuel costs.
Source : topix.net | 07-Oct-2008 10:27
Reliant Energy May Be Seeking Buyer
Reliant Energy Inc. said Monday it is looking for a buyer amid turmoil in the credit markets and a violent storm season that cost the electricity provider millions.
Source : topix.net | 07-Oct-2008 06:25
Toronto stock market plummets almost 600 points after earlier 1,200 point drop
A rally at the end of the day somewhat reduced earlier gut-wrenching losses on the Toronto stock market Monday, with the S&P/TSX composite index closing down 572.92 points after earlier plunging almost 1,200 ...
Source : topix.net | 07-Oct-2008 02:12
ConocoPhillips, Abu Dhabi win Kazakh oil rights
Abu Dhabi's Mubadala Development Co. and U.S. oil giant ConocoPhillips said today that they have signed a deal with Kazakhstan's national oil company to drill in a potentially lucrative oil and gas region in ...
Source : topix.net | 06-Oct-2008 22:02
Insight, Outlook For Russia
Investor Issues: Georgia crisis, TNK-BP Conflict, Mechel accused of fixing coal prices; Analysis by Andrei Sharonov of Troika Dialog
Source : topix.net | 06-Oct-2008 17:43
Kulongoski hails financial rescue bill
Oregon Gov. Ted Kulongoski is hailing the passage of the $700 billion rescue of the nation's financial industry, calling it a "lifeline for businesses and communities of all sizes." "It is what our country ...
Source : topix.net | 06-Oct-2008 13:22
Crews respond to power outages
As many as 11,000 households and businesses throughout Snohomish County lost power Saturday.
Source : topix.net | 06-Oct-2008 09:03
British Airways flight diverted to Chicago O'Hare
Officials say a British Airways flight from London to Houston has made an emergency landing at Chicago's largest airport.
Source : topix.net | 06-Oct-2008 04:47
ConocoPhillips, Abu Dhabi win Kazakh oil rights
Abu Dhabi's Mubadala and U.S. oil giant ConocoPhillips say they have signed a deal with Kazakhstan's national oil company to drill in a potentially lucrative oil and gas region in the Caspian Sea.
Source : topix.net | 06-Oct-2008 00:37
Residents say no to First Energy rate hike
Thursday, October 02, 2008 at 5:40 p.m. Residents across the area are voicing their concerns about a proposed rate hike for First Energy customers.
Source : topix.net | 05-Oct-2008 20:15
Regal Petroleum denies $1.2bn Shell offer
Regal Petroleum, the oil and gas explorer, has denied speculation that it has received a $1.2 billion bid approach from Royal Dutch Shell.
Source : topix.net | 05-Oct-2008 16:02
PG&E Raises Rates
Most Silicon Valley residents are going to see their power bill rise slightly beginning this month as Pacific Gas and Electric Company has raised its rates by 6%. PG&E spokesman David Eisenhower says the rate ...
Source : topix.net | 05-Oct-2008 11:52
Illegal Scheme Targets Alabama Power Customers
Alabama Power says some of its customers have been targeted by scam artists asking for credit card information.
Source : topix.net | 05-Oct-2008 07:45
High winds knock out power to thousands
Winds gusting to nearly 50 mph blew into the Puget Sound area Saturday afternoon, toppling trees and causing power outages for thousands of households and businesses.
Source : topix.net | 05-Oct-2008 03:32
Down day for regional stocks
Stocks in Louisiana and Mississippi companies almost all finished in negative territory Friday as Wall Street ended a volatile week with another selloff following approval of a $700 million financial bailout ...
Source : topix.net | 04-Oct-2008 23:22
Gas Rate Hike for N.J. Homeowners
Many New Jerseyans will pay more for gas to heat their homes this winter. New Jersey's Board of Public Utilities on Friday approved a request by Public Service Electric & Gas to raise its natural gas supply ...
Source : topix.net | 04-Oct-2008 19:04
Monticello nuclear plant glitches triggered shutdown
Glitches in the equipment that runs and protects the Monticello nuclear power plant triggered an automatic shutdown in September and attracted the attention of federal authorities.
Source : topix.net | 04-Oct-2008 14:46
Sierra Club Blasts Ex-Official Over Coal Plant Ad
The Sierra Club is blasting one of its former officials for using its name in an ad supporting a proposed coal-fired power plant.
Source : topix.net | 04-Oct-2008 10:42
Utility To Cut Power During Red Flag Conditions
San Diego Gas and Electric announces it will shut off power lines in areas of San Diego County that are considered high-risk for wildfires during red flag conditions.
Source : topix.net | 04-Oct-2008 06:31
Natural gas drillers make cuts, but not in Ark.
An official with Southwestern Energy says gas wells in the Fayetteville Shale play in Arkansas remain economically feasible, even though natural gas prices are down.
Source : topix.net | 04-Oct-2008 02:13
IOC's import bill for crude up by Rs 300 cr
New Delhi : State-run Indian Oil Corporation on Friday said its import bill has gone up by Rs 300 crore for crude oil due to sharp depreciation in the rupee value.
Source : topix.net | 03-Oct-2008 22:08
Allegheny Energy announces leadership changes
Allegheny Energy Inc. announced Thursday that Philip L. Goulding is resigning as senior vice president and chief financial officer effective Oct.
Source : topix.net | 03-Oct-2008 18:05
Environment Department sues El Paso Electric
The New Mexico Environment Department has sued El Paso Electric Company for alleged air quality violations at the utility's Rio Grande Electric Power Generating Station.
Source : topix.net | 03-Oct-2008 14:04
Natural gas rates down in SC
Natural gas customers in South Carolina's Upstate are getting a break. Piedmont Natural Gas Company's rates dropped 15 percent Wednesday for its 140,000 customers.
Source : topix.net | 03-Oct-2008 09:56
Credit Tightens as Rescue Bill Heads Back to House
The Senate's endorsement of the $700 billion financial bailout plan couldn't relax the credit market Thursday, as investors waited for the revised bill to go back to the House.
Source : topix.net | 03-Oct-2008 05:43
MDU acquires Intermountain Gas of Boise
MDU Resources Group Inc. says it has completed its acquisition of Intermountain Gas Co.
Source : topix.net | 03-Oct-2008 01:28