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  • WASHINGTON, July 15- The Sierra Club said on Wednesday that an Iowa utility has agreed to phase out seven coals plants in a settlement with the U.S. Justice Department and Environmental Protection Agency, the state and the environmental group. The Sierra Club joined the lawsuit along with the state of Iowa, the EPA and Justice Department as co-plaintiffs.

  • NEW YORK, May 28- A consortium of York Capital Management, NRG Energy Inc and ITC Holdings Corp have proposed investing as much as $3.5 billion in Puerto Rico's electrical infrastructure, a source familiar with the consortium said on Thursday. The proposed investment would be for a total of $2.5 billion to $3.5 billion and would be subject to due diligence, the...

  • KUALA LUMPUR, May 18- Tokyo Gas Co Ltd, Japan's biggest gas utility, is looking to invest in more U.S. shale gas production as a hedge to liquefied natural gas imports from the United States to start next year, a company executive said on Monday. The company has inked contracts to buy 1.9 million tonnes per year of LNG from U.S. producers and aims to invest in an equal...

  • Disruptor 50: No. 3 Bloom Energy Tuesday, 12 May 2015 | 7:00 AM ET
    KR Sridhar, co-founder and CEO of Bloom Energy

    Venture capitalists have invested over $1 billion in this clean-tech darling that uses fuel cells to convert natural gas into electricity.

  • MOSCOW, April 28- Novatek, Russia's second-biggest gas producer, said on Tuesday it had extended its gas supply contract with Gazprom- owned utility firm Mosenergo to the end of 2019.. Novatek, whose largest shareholders are France's Total and businessman Gennady Timchenko, an ally of President Vladimir Putin, is to sell 9 billion cubic metres of natural gas per...

  • Are fossil fuels about to become extinct? Wednesday, 15 Apr 2015 | 10:22 PM ET
    A worker cleans the panels in a solar power park run by the Costa Rican Electricity Institute (ICE) as the power company has managed to produce all of the electricity for the nation from renewable energy sources for more than 80 days straight on March 26, 2015 in Guanacaste, Costa Rica.

    Solar's big heyday may be just three years away as the unsubsidized cost of panels plus storage will cost less than the grid in some areas, Bernstein said.

  • SAN FRANCISCO, April 9- California's chief utility regulator on Thursday ordered Pacific Gas& Electric Corp to pay a record $1.6 billion in fines and other penalties stemming from its deadly 2010 San Bruno natural gas pipeline rupture and fire near San Francisco. The sum marks the largest penalty ever imposed by the five-member California Public Utilities...

  • NEW YORK, April 1- General Electric would commit to financing a new natural gas plant in Puerto Rico under a debt restructuring plan proposed by creditors of the island's struggling power utility, according to plan documents obtained by Reuters. Reuters reported on Saturday that an ad hoc group of PREPA creditors, including OppenheimerFunds and Franklin...

  • Is renewable energy ready to disrupt fossil fuels? Tuesday, 17 Mar 2015 | 6:36 PM ET
    Indian workers install solar panels at the Gujarat solar park in Western India's Gujarat state.

    Prices of fossil fuels may be plumbing multi-year lows, but that's not likely to keep them from being displaced by renewable energy, analysts said.

  • Consumer spending is due for a pop Tuesday, 3 Mar 2015 | 2:00 PM ET
    A man at a gas station in Dellwood, Mo.

    The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.

  • Who's buying the oil that makes ISIS millions? Thursday, 23 Oct 2014 | 1:42 PM ET
    Members loyal to the Islamic State in Iraq and the Levant (ISIL) wave ISIL flags as they drive around Raqqa June 29, 2014.

    ISIS makes its fortune by selling oil from seized territory to its enemies, NBC News reports.

  • Cheap gas?! $3 (and under) a gallon in some areas Monday, 6 Oct 2014 | 3:23 PM ET
    A woman pumps gas at the Victory gas station in Pembroke Pines, Florida.

    According to GasBuddy, 10 percent of the nation's gas stations are now selling gasoline at less than $3 a gallon.

  • Wisconsin Energy buys Integrys in $5.7 bln deal Monday, 23 Jun 2014 | 8:50 AM ET

    Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.

  • A company putting the gas station out of business Tuesday, 17 Jun 2014 | 6:00 AM ET
    Pasquale Romano, CEO of ChargePoint

    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.

  • Exelon deal to create largest mid-Atlantic utility Wednesday, 30 Apr 2014 | 1:22 PM ET

    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.

  • Paying more at the pump? Blame ethanol prices! Monday, 24 Mar 2014 | 8:48 AM ET

    The U.S. average price of gasoline rose by 5 cents during the past two weeks, caused by the jump in the price of ethanol used to make gasoline.

  • Centrica customers quit in droves Thursday, 20 Feb 2014 | 11:20 AM ET
    Centrica customers quit in droves

    Liberum's Peter Atherton says U.K. energy companies could keep tariffs flat come next September, after Centrica reported that 360,000 of its customers quit in the fourth quarter due to price hikes.

  • As winter takes hold, plunging temps test utilities Thursday, 9 Jan 2014 | 6:25 AM ET

    Several utility companies have recently announced increases in their retail electricity rate as they struggle to meet peak periods of demand.

  • Russia to cut Ukraine gas price by one-third Tuesday, 17 Dec 2013 | 10:37 AM ET
    Gas control valves on pipework bringing gas from Russia in Kiev, Ukraine.

    To help avert a financial crisis, Russian President Vladimir Putin announced Russia's gas supply prices to Ukraine will be cut by one-third.

  • Scammers target utility customers Wednesday, 9 Oct 2013 | 6:00 AM ET
    Duke Power recently emailed this fraud alert to residential and business electric customers to warn them of the ongoing scam.

    In the latest "despicable scam," fraudsters threaten to shut off your power unless you fork over cash.