energy
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O'Malley Plans U.S. IPO After Wrong Way Bet on Petroplus: EnergyThomas O'Malley made two fortunes buying U.S. oil refineries at rock-bottom prices and selling when the economy rebounded.
topix.net | 06-Feb-2012 21:15
Chevron rig burns off Nigeria as damage hits shore
The burning inferno of what used to be a Chevron Corp. natural gas rig still stains the night's sky orange more than two weeks after the rig caught fire, and no one can say when it will end as swarms of dead fish surface.
topix.net | 06-Feb-2012 17:06
AEP power customers complain about rate increase
COLUMBUS, Ohio - Ohio school and government officials are joining small business owners alarmed by a jump in their bills from American Electric Power.
topix.net | 06-Feb-2012 12:51
Exxon Focus On Belmont County
The world's largest publicly traded oil company has been quite busy in Ohio's Utica Shale field since October, as Exxon Mobil has leased more than 26,000 acres for drilling in Belmont County.
topix.net | 06-Feb-2012 08:42
NorthWestern takes Anaconda power station offline
NorthWestern Energy says it has taken a 150-megawatt power generating station offline after the company discovered a problem with the station's gas turbines.
topix.net | 06-Feb-2012 04:32
Delek, Noble Energy discover gas at Tanin well
Delek Group Ltd. and Noble Energy Inc. on Sunday reported a substantial natural gas discovery at a depth of 5,500 meters in the offshore Tanin 1 well, 120 kilometers northwest of Haifa.
topix.net | 06-Feb-2012 00:22
Area Dominion Plant Taking Shape; $500M Invested in Marshall County
A $500 million investment by Dominion Resources into a natural gas processing facility is taking shape in Marshall County.
topix.net | 05-Feb-2012 20:13
Our View: Storm lessons SCE must learn
SOUTHERN California Edison's electrical systems, along with the city-owned municipal power providers in our area, were under tremendous strain the night of Nov.
topix.net | 05-Feb-2012 16:03
Eni SpA oil pipeline on fire in Nigeria's crude-rich southern delta as militants claim attack
An oil pipeline run by a subsidiary of Italian oil firm Eni SpA has ruptured and caught fire in Nigeria as a militant group claimed responsibility for an attack.
topix.net | 05-Feb-2012 11:59
Pipeline protests in Prince Rupert
First Nations and residents of a community on British Columbia's North Coast are protesting a proposed pipeline which would carry crude oil from Alberta to the west coast for tanker shipment to places like China.
topix.net | 05-Feb-2012 07:49
Some Nuclear Parts Shot; San Onofre Shutdown Costs Up to $1 Million a Day
Crucial components that contain high-pressure, radioactive water at the San Onofre Nuclear Generating Station are, in many places, nearly too worn to function, said an Nuclear Regulatory Commission spokesman.
topix.net | 05-Feb-2012 03:39
Sierra Club took millions from natural gas fracking supporter
Well, well. So the Sierra Club's campaign to end coal was substantially supported by a natural gas company CEO involved in the controversial practice called fracking .
topix.net | 04-Feb-2012 23:25
Processor Facilities To Be Built
As the latest example of the how quickly the Marcellus and Utica shale rush is burgeoning, MarkWest Energy will more than double the capacity of its Majorsville processing plant in eastern Marshall County by the end of next year.
topix.net | 04-Feb-2012 19:20
CenterPoint Energy (CNP) Shares Upgraded by Citigroup (C) to "Buy"
CenterPoint Energy was upgraded by analysts at Citigroup from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Friday.
topix.net | 04-Feb-2012 15:11
Wis. Regulators Schedule Hearings On Power Line
The public will get a chance next month to sound off on a proposal to build a power line from Alma to Holmen in western Wisconsin.
topix.net | 04-Feb-2012 11:01
NRC Denies Fire Safety Exemptions at Indian Point
The Nuclear Regulatory Commission has denied a majority of fire safety exemption requests made by Entergy Nuclear for Indian Point Power Plants in Buchanan.
topix.net | 04-Feb-2012 06:52
No independent agency, but increased monitoring in oilsands
A long-awaited new plan from the federal and Alberta governments on how to gauge the environmental effects of the oilsands will watch for more contaminants, in more places, more often.
topix.net | 04-Feb-2012 02:42
Imperial Oil approves $2-billion expansion at Cold Lake oilsands project
Imperial Oil Ltd. is going ahead with a $2-billion expansion to its Cold Lake oilsands operation in northeastern Alberta, part of a plan to double overall production by the end of the decade.
topix.net | 03-Feb-2012 22:27
Calif. pols to talk winds with utility, regulators
California lawmakers say they have a lot of questions for utilities and regulators about windstorm outages and problems at the San Onofre nuclear power plant.
topix.net | 03-Feb-2012 18:18
Nuke inspectors focus on 'unusual' wear on tubes
' The integrity of some equipment installed in 2009 at Southern California's San Onofre Unit 2 nuclear plant is drawing concern after unusual wear was found on hundreds of tubes that carry radioactive water.
topix.net | 03-Feb-2012 14:03
Valero offers $25K reward in employee killing
Valero Energy Corp. is offering a $25,000 reward for information leading to an arrest in the fatal shooting of an employee of the company's refinery in Memphis.
topix.net | 03-Feb-2012 09:59
Sunoco posts pretax loss of $660 million in 4Q
Sunoco Inc. said Thursday its CEO will step down on March 1 as the company exits the refining business to focus on its pipelines and retail gas stations.
topix.net | 03-Feb-2012 05:44
Sunoco says it will replace CEO, shift business
Oil refiner Sunoco Inc. says CEO Lynn Elsenhans is stepping down on March 1 and will be replaced by chief financial officer Brian MacDonald as part of a shift in its business away from refining.
topix.net | 03-Feb-2012 01:35
Appalachian Power to buy 2 W.Va. AEP plants
CHARLESTON, W.Va. - The president of Appalachian Power said Thursday the utility will soon file paperwork with state and federal regulators to buy two West Virginia power plants from its parent, American Electric Power.
topix.net | 02-Feb-2012 21:20
Report: Unsafe poles contributed windstorm outages
Southern California Edison overloading some power poles and botched efforts to restore power, contributing to massive electrical outages from a windstorm last fall, state regulators said.
topix.net | 02-Feb-2012 17:10
Grand Gulf applies for license renewal
The Nuclear Regulatory Commission has opened a public comment period on Grand Gulf nuclear power plant's license to operate for another 20 years.
topix.net | 02-Feb-2012 13:01
Nuclear Plant Leak No Threat, Feds Say
A small amount of radioactive gas escaped from a steam generator at Southern California's San Onofre nuclear power plant during a water leak, but there was no threat to public health, federal regulators said Wednesday.
topix.net | 02-Feb-2012 08:51
Exelon to update earthquake risk at nuclear plants
The federal government says nuclear plants throughout the central and eastern U.S. must be reassessed within four years to determine how well they might withstand earthquakes.
topix.net | 02-Feb-2012 04:51
PG&E Can Charge Customers To Nix SmartMeters
California regulators said Pacific Gas & Electric Co. can start charging its customers fees to avoid having wireless utility meters installed in their homes.
topix.net | 02-Feb-2012 02:52
Natural gas prices are back near 10-year lows as production booms
An oil pipeline and tank storage facility is shown in Hardisty, Alta., June 20, 2007.
topix.net | 01-Feb-2012 22:52
Possible leak shuts down reactor at nuke plant
Operators of the San Onofre nuclear power plant in Southern California worked to diagnose a problem with a reactor that was shut down because of a possible leak, but officials stressed there was no imminent danger.
topix.net | 01-Feb-2012 19:47
EU blocks $10B NYSE Euronext, Deutsche Boerse merger
The European Union on Wednesday blocked the Deutsche Boerse's planned merger with NYSE Euronext, a $10 billion deal that would have created the world's largest financial exchange operator.
topix.net | 01-Feb-2012 15:48
Mass. green energy not selling
Five years after NStar became the first utility in the state to allow customers to buy green energy that cuts greenhouse gas emissions, less than 1 percent of the utility's 900,000 customers have signed up.
topix.net | 01-Feb-2012 11:33
Higher oil prices lift Exxon's 4Q profit
In this Jan. 30, 2009 file photo, an Exxon tanker truck operated by Corey Moorer, right, of Clinton, Md., makes a refueling stop at an Exxon station in Arlington, Va.. Soaring oil prices helped Exxon Mobil post a slightly higher fourth-quarter profit.
topix.net | 01-Feb-2012 07:34
NRC inspecting water pumps at stalled US reactor
A failed electrical insulator blamed for a power loss to a nuclear reactor in northern Illinois was replaced Tuesday, and the U.S. Nuclear Regulatory Commission began a special inspection into how some equipment responded to the outage, officials said.
topix.net | 01-Feb-2012 03:29
Judge: BP contract shielded Halliburton in spill
A federal judge has ruled that Halliburton, the Houston-based company that supplied cement for the ill-fated Macondo well that blew in the Gulf of Mexico, may not have to pay many of the pollution claims that resulted from the catastrophic spill because it was shielded in a contract with well-owner BP.
topix.net | 31-Jan-2012 23:09
Imperial Oil fourth-quarter earnings up 26 per cent on strong production, price
Imperial Oil Ltd. is raising its quarterly dividend after posting a 26 per cent increase in earnings for the first quarter and its second-highest annual profit ever for all of 2011 thanks to higher oil prices.
topix.net | 31-Jan-2012 19:00
OUC to cut fuel surcharge 11 percent
OUC's natural-gas power plant at the Curtis Stanton Energy Center in east Orange County began generating electricity for commercial use in February 2010.
topix.net | 31-Jan-2012 14:45
FirstEnergy seeks solar credits for Ohio
First Energy Corp. said on Monday that it is looking to buy solar energy credits to offset power it produces in Ohio.
topix.net | 31-Jan-2012 10:35
Okla. company settles suit over CEO compensation
An Oklahoma County judge has approved a settlement in a lawsuit over the compensation package given to Chesapeake Energy Corp.
topix.net | 31-Jan-2012 06:21
Water trucked to Texas town where wells ran dry
A Central Texas village that's become the state's first community to run out of water due to a punishing drought will have water trucked in by the Lower Colorado River Authority, officials said Monday.
topix.net | 31-Jan-2012 02:16
Ill. nuclear reactor loses power, venting steam
A nuclear reactor at a northern Illinois plant shut down Monday after losing power, and steam was being vented to reduce pressure, according to officials from Exelon Nuclear and federal regulators.
topix.net | 30-Jan-2012 23:07
Ohio power plant closing may help Lake Erie's fish
Environmental groups and charter fishing captains in Ohio are hoping Lake Erie's fish population will rebound in the coming years with the closing of a coal-burning power plant that sits next to the lake's biggest tributary.
topix.net | 30-Jan-2012 23:07
Exxon selling refinery unit for $4 billion
Exxon Mobil Corp. is selling its Japanese refining and marketing business to partner TonenGeneral Sekiyu K.K. in a $3.9 billion deal that reflects a long-term domestic decline in demand for fuel and a global strategy to refocus on exploration.
topix.net | 30-Jan-2012 23:07
Protesters sue TVA over costume ban at meetings
Several people who tried to go to a Tennessee Valley Authority board meeting in costumes including Santa Claus and a pirate are suing the utility, which banned such getups after people protesting a nuclear plant dressed up as zombies.
topix.net | 30-Jan-2012 22:02
Chevron (CVX)'s "Buy" Rating Reaffirmed by Jefferies Group (JEF) Analysts
Chevron 's stock had its "buy" rating reiterated by Jefferies Group in a research note issued on Monday.
topix.net | 30-Jan-2012 17:52