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...» Read More
For decades, retirees have counted on utilities to pay big dividends and cover interest on bonds, but that was before solar took off.
Germany's biggest utility E.ON announced plans on Sunday to split in two and spin off most of its power generation, energy trading and upstream businesses.
We've finally figured out the secret to Jeff Goldblum's enduring charm and success as an actor: really great lighting, TODAY reports.
Widespread electronic attacks on U.S. interests have amplified calls to fortify the U.S.'s aging electric grid from terrorism.
Falling solar system and battery prices combined with electric vehicles' rise may soon send internal combustion engines to the junk yard, analysts say.
It's time to crank up the AC, but in this age of smart grids and smart meters, most utilities still have a frustratingly low technology IQ.
Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.
Imagine a line of cars waiting to use an EV charging station and weeds growing on an abandoned Exxon lot. That's ChargePoint's vision.
Predictions solar energy will disrupt the grid system may be premature, with analysts noting urban settings may stay dependent on traditional power.
The East Coast's most populated region is struggling to recover from devastating Hurricane Sandy, its worst storm in generations.
While adopting solar power in developed markets usually weighs on utility incumbents, Asia's players are likely to reap benefits, Bernstein said.
Nuclear power producer Exelon Corp. said it would buy Pepco Holdings for $6.83 billion to create the biggest mid-Atlantic electric and gas utility.
Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.
The U.S. faces a natural gas supply shortfall this year despite the country's fracking boom, threatening more price spikes.
GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom
Nick Akins, American Electric Power president & CEO, explains how the polar vortex "substantially" helped the company's Q1 earnings and discusses threats to the national power grid.
US sailors are suing a Tokyo utility that operates the Fukushima Dai-ichi nuclear power plant, alleging it lied about radiation levels in the area.
The link between oil prices and solar energy stocks has broken down, and that may be a good thing for renewable firms.
The federal study found that if saboteurs attacked just nine substations, the country's power network could collapse. The Wall Street Journal reports.
CNBC's Tyler Mathisen reports a large explosion rocked East Harlem Wednesday, where a fire broke out seconds later.