Utilities Gas Utilities


  • June 22- U.S. natural gas utility Southern California Gas kept fuel supplies flowing as temperatures rose this week, passing its first test of the summer since the closure of its Aliso Canyon storage facility. SoCalGas, a unit of California energy company Sempra Energy, shut Aliso Canyon after detecting a massive leak in October. As residents in the Los Angeles...

  • June 2- California natural gas prices spiked to a five-month high after state regulators approved rules to help gas utilities manage the amount of fuel flowing in pipelines due to the ongoing outage of the Aliso Canyon underground storage facility. In October, Southern California Gas, the nation's biggest gas distribution utility, detected a major leak at...

  • France faces fuel shortages amid labor reform protests

    The country is dealing with fuel shortages at gas stations across the country as protests disrupt supply.

  • The company said adjusted income in the regulated utilities business fell 10.2 percent to $695 million in the first quarter ended March 31. The North Carolina- based company said it is on track to achieve its 2016 adjusted earnings target of $4.50- $4.70 per share. Net income attributable to Duke fell to $694 million, or $1.01 per share, in the first quarter ended...

  • But neighboring Nevada scrapped the policy- prompting solar companies to flee the state. More than 25 of the 40 U.S. states with net metering policies are reconsidering them, according to the North Carolina Clean Energy Technology Center at North Carolina State University. For most customers, net metering and other incentives are essential to make solar power...

  • The move follows CenterPoint's $363 million investment in Enable Midstream's preferred securities on Friday, through the early redemption of notes payable to a CenterPoint unit of the same amount. "The REIT structure has recently received significant attention in the regulated utility industry in Texas and could have substantial potential for...

  • Toshiba said it has sued five former executives over a $1.3 billion accounting scandal, and the company reported a quarterly operating loss.

  • US spent $43 million on Afghanistan gas station

    Almost $43 million of US taxpayers' money was spent to build one gas station, according to a government watchdog.

  • Nest 3rd generation thermostat

    Connected device company Nest Labs will release a 3rd version of the Learning Thermostat. Re/code reports.

  • Crude could hit $30 a barrel: Pro

    James Cordier, OptionSellers.com, provides perspective to his outlook on energy prices.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • 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.

  • Gas pump prices

    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.