Utilities
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Erik Wytenus, Head of Foreign Exchange and Commodities at J.P. Morgan Private Bank outlines the headwinds for gold going forward.
» Read More.160x105.jpg?v=1370981200 "The Season to Return to Cyclicals")
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*BP controlling wells at Valhall offshore field from land. *Norway is testing ground for new method. Unions say the move endangers safety, a top focus of regulators and the industry since BP's Macondo accident in the Gulf of Mexico in 2010, which killed 11 people and resulted in a massive oil spill.
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WASHINGTON, June 14- With a Senate vote on President Barack Obama's nominee to head the Environmental Protection Agency still in limbo, speculation is rising about the fate of a proposed emissions rule for new power plants that was scheduled to have been finished in April.
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June 14- Almost half a million homes and businesses, mostly in the U.S. Duke Energy Corp, the biggest power company in the United States, was the hardest hit with more than 240,000 customers still out in the Carolinas. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power.
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June 14- More than 330,000 homes and businesses in the U.S. Duke Energy Corp, the biggest power company in the United States, was the hardest hit with more than 240,000 customers still out in the Carolinas. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power.
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June 14- More than 240,000 homes and businesses in North and South Carolina were still without power early Friday following storms on Thursday, Duke Energy Corp said on its website. Late Thursday, Duke said more than 350,000 customers, mostly in North Carolina, were without power. Duke warned those in the hardest hit areas to prepare for a "multi-day" outage.
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June 13- New York utility regulators on Thursday approved Canadian power company Fortis Inc's $1.5 billion purchase of CH Energy Group Inc, the parent of New York power company Central Hudson.
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CHEYENNE, Wyo.-- Looking for ways to export coal mined in Wyoming, Gov. Matt Mead said he will tour port facilities in British Columbia as part of a weeklong trade trip to Canada. British Columbia has ports that already ship U.S. coal, and Mead's trip sends a message that Wyoming is willing to look elsewhere to get its coal to other markets.
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LONDON, June 12- The majority of British offshore winds farms are winning planning permission and proceeding to construction, suggesting that a large portion of those with outstanding applications will be built. Britain is the world leader in a technology that is expected to account for a rapidly rising share of global wind turbine demand.
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SHIPPINGPORT, Pa.-- One of two reactors shut down two weeks ago at a western Pennsylvania nuclear power plant is running again after workers addressed concerns about vibrations and leaky seals on coolant pumps connected to the unit.
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STANARI, Bosnia, June 11- When China's Dongfang Electric Corp. bid to build the Stanari power plant in northern Bosnia, the strategy was simple: sacrifice profits for a toehold in emerging Europe. It's a trade-off increasingly occurring as Chinese firms take on discounts and risks in exchange for access to central and southeastern Europe.
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RENO, Nev.-- A battle over a massive pipeline project to carry billions of gallons of water to Las Vegas from rural counties along the Nevada- Utah line is heading back to court this week.
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The LongRiver consortium- made up of a Kuwaiti sovereign wealth fund, Britain's Universities Superannuation Scheme and Borealis Infrastructure, part of Canadian pension fund OMERS- made a raised 2,200 pence per share cash offer for the water utility on Friday.
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TOKYO, June 7- Japan and France on Friday agreed to boost nuclear cooperation to secure a larger share of global atomic energy markets as Tokyo's pro-nuclear government looks to restart reactors despite public unease in the wake of the Fukushima disaster.
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FRENCH VISIT: French President Francois Hollande arrived in Japan, where talks are expected to focus on closer cooperation in nuclear energy technologies and on Prime Minister Shinzo Abe's economic strategy.
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SEATTLE-- The Sierra Club is suing Burlington Northern Santa Fe in federal court in Seattle over coal dust that blows off trains into Washington rivers and Puget Sound.
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LONDON, June 6- Developers still have some numbers to crunch, but Britain's wind power industry may just about be able to breathe a sigh of relief after the government published changes to industry planning and regulation on Thursday.
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CHATTANOOGA, Tenn.-- The National Regulatory Commission is increasing oversight of two East Tennessee nuclear plants because of flood-related violations. The NRC held a conference with TVA officials in April to discuss the risk significance of preliminary inspection findings in the flood protection area.
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NEW YORK-- Shares of solar power companies fell Wednesday after the European Union said it plans to slap tariffs on solar products made in China.
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*China could cut coal consumption in Beijing, Hebei by 100 mln T. BEIJING, June 6- China is considering plans to cut coal consumption in some major industrial regions, people familiar with the policy said, as part of measures to reduce air pollution- an issue that has triggered a surge in public protests.
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JACKSON, Miss.-- A number of utilities and consumer groups say they support proposed rules that would require Mississippi electric and gas utilities to implement programs to save energy. However, Mississippi Power Co. says it opposes the rules because bills could rise for customers who don't make homes or businesses more efficient.
Energy
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Oil prices ended slightly higher in sluggish trading as the market awaited the Federal Reserve's policy statement.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up to nearly $99/barrel before closing below $98. The situation in Syria and the week's Fed watch is having an impact.
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The leaders of the world's richest countries will today try to patch over glaring differences on their approach to Syria, with a G8 declaration that stops short of demanding the removal of President Bashar al-Assad.
Most Popular Video
An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
Tuesday, 18 Jun 2013 | 12:47 PM ETSupply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.