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  • BRASILIA, July 31- Brazil's antitrust regulator CADE and federal prosecutors signed a leniency deal on Friday with engineering company Camargo Correa aimed at obtaining evidence of alleged price-fixing of contracts to build a nuclear power plant. Camargo Correa was the first of Brazil's construction firms to have its top executives convicted of...

  • MEXICO CITY— Residents of a heavily Indian area have approved the installation of a huge wind power project in the Isthmus of Tehuantepec in southern Mexico, the Oaxaca state government said Friday. The company behind the project and the Oaxaca government teamed up to offer residents an average 45 percent reduction in power costs. Hundreds of wind power...

  • NEW YORK— Shares of Fluor Corp. skidded Friday after the engineering and construction company slashed its annual profit forecast, saying it isn't getting as many contracts because of the falling price of oil and metals. Fluor now expects a profit of $4.05 to $4.35 per share in 2015. It had forecast a profit of $4.40 to $5 per share. KeyBanc Capital Markets analyst...

  • WASHINGTON, July 31- The U.S. nuclear industry has made a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule and prevent the early retirement of several plants. Representatives of the Nuclear Energy Institute met on July 21 with White House officials who are currently reviewing the...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • BRASILIA, July 31- Two senior executives at Brazil's state-run power company Centrais Eletricas Brasileiras SA told Reuters on Friday that they had requested leave as a corruption investigation sweeps the country's largest electric utility. Valter Cardeal, head of generation at the holding company known as Eletrobras, and Adhemar Palocci, head of planning...

  • WASHINGTON, July 31- The U.S. Environmental Protection Agency will unveil as soon as Monday the final version of a sweeping- and controversial- regulation to cut carbon emissions from the electricity sector. Among other things: The EPA is expected to push back the rule's start date by two years to 2022, according to a slide posted by the agency briefly on its...

  • Empire District Electric posts 2Q profit Thursday, 30 Jul 2015 | 6:39 PM ET

    JOPLIN, Mo. _ Empire District Electric Co. on Thursday reported second-quarter net income of $6.8 million. Empire District Electric shares have fallen 24 percent since the beginning of the year. Keywords: Empire District Electric, Earnings Report.

  • PROVIDENCE, R.I.— A barge accident off the coast of Rhode Island has dented the foundation of what will be the nation's first offshore wind farm. Deepwater Wind officials told The Providence Journal on Thursday that such accidents are not uncommon in offshore construction projects. Information from: The Providence Journal,...

  • LAS VEGAS— Owners of a soon-to-close coal-fired power plant outside Las Vegas have agreed to pay $4.3 million to settle a lawsuit and clean up contamination that neighboring Native Americans blame for health problems and water pollution. Some $1.5 million of the funds from NV Energy and the California Department of Water Resources are earmarked for a...

  • ITC beats 2Q profit forecasts Thursday, 30 Jul 2015 | 10:09 AM ET

    NOVI, Mich. _ ITC Holdings Corp. on Thursday reported second-quarter earnings of $72.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SAO PAULO, July 29- Brazilian federal police are investigating potential irregularities in a military program that aims to build a nuclear-powered submarine in partnership with France by 2023, newspaper Folha de S. Paulo reported on Wednesday. Former President Luiz Inacio da Silva's government agreed in 2008 to purchase five submarines, including a...

  • Brazil police arrest 2 for alleged bribery scheme Wednesday, 29 Jul 2015 | 12:46 PM ET

    The Federal Prosecutor's Office says in a statement that police on Tuesday detained Othon Luiz Pinheiro da Silva, president of Eletronuclear, a subsidiary of Brazil's electric utilities company, Eletrobras. According to the prosecutor's office, Silva, who is on leave as Eletronuclear's chief executive officer, received 4.5 million reals in bribes from...

  • SAO PAULO, July 29- Brazilian federal police are investigating potential irregularities in a military program that aims to build a nuclear-powered submarine in partnership with France by 2023, newspaper Folha de S. Paulo reported on Wednesday. Former President Luiz Inacio da Silva's government agreed in 2008 to purchase five submarines, including a...

  • The ruling by the U.S. Court of Appeals for the District of Columbia Circuit orders the EPA to redo sulfur-dioxide and nitrogen-oxide standards for 13 states, mostly in the South and Midwest, that contribute to soot and smog along the East Coast. The April 2014 ruling was an important victory for the Obama administration and capped a decades-long effort by the...

  • The arrests come as federal police follow allegations that a price-fixing, bribery and political kickback scheme they discovered at Petrobras extends to other state-led firms, including Eletrobras, Brazil's largest utility. Federal prosecutor Athayde Ribeiro Costa told journalists that police also had arrested Andrade Gutierrez executive Flavio...

  • CURITIBA, Brazil, July 28- Brazilian police on Tuesday arrested two people involved in building a nuclear power plant for Brazil's Eletrobras, pulling the state-led utility holding company into a giant corruption scandal surrounding state-run oil company Petrobras. The arrests come as Brazil's Federal Police and federal prosecutors follow allegations...

  • SAO PAULO, July 28- Brazilian federal police said on Tuesday they were completing two arrest warrants as part of a corruption investigation into Eletronuclear, a subsidiary of state-run electric utility Eletrobras. Federal police called a press conference for 10 a.m., to discuss the operation, which also included 23 search and seizure warrants in several...

  • PGE beats 2Q profit forecasts Tuesday, 28 Jul 2015 | 5:10 AM ET

    PORTLAND, Ore. _ Portland General Electric Co. on Tuesday reported second-quarter profit of $35 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • AUGUSTA, Maine— A Texas company is pushing forward with an effort to build a massive wind power project in Aroostook County that would be the largest of its kind in New England. EDP Renewables, which recently submitted its application to the Maine Department of Environmental Protection, needs to get the green light from the state before it can begin building the...