The Monterrey- based company will also dramatically ramp up its electricity generation over the next five years in the wake of a major energy sector overhaul, Raul Millares, Alfa's energy director, said in an interview. "Alfa sees very favorably our ability to develop business here in Mexico in the areas of oil and gas," Millares said.» Read More
With electricity demand in places like NYC flirting with all-time highs, power prices are reaching staggering levels.
Modems and routers are bigger energy hogs than laptops and cell phone chargers. On a national scale, it’s pretty staggering: $1 billion a year in electricity.
Regulators used sharp words to accuse JPMorgan Chase of manipulating energy markets, in language similar to that which buffeted -- and eventually took down -- bankrupt energy giant Enron.
If you've noticed your utility bills falling, there's a good reason. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.
BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
One of China's largest private companies is quietly rolling out plans to establish a network of natural gas fueling stations for trucks along U.S. highways.
David Crane, President & CEO of NRG Energy, discusses the technology behind keeping the lights on at the stadium during the Super Bowl, including using solar panels as a backup.
CNBC's Bertha Coombs reports on New Jersey Governor Chris Christie's State of the State Address.
A Northeast region punch-drunk from powerful storms could create opportunities for a handful of utility companies, as governments move to rebuild battered infrastructure, an analyst told CNBC on Thursday.
First it was corruption of staggering proportions, then an ill-conceived tax to claw back capital gains from foreign companies; that was followed by slowing growth and a swooning rupee. Now a power blackout in India has left 700 million people without electricity.
India is crippled by a blackout for a second day in a row, with CNBC-TV 18's Shereen Bhan.
Nick Akins, CEO of American Electric Power, tells Cramer about the state of the energy industry.
Kevin Burke, CEO of Consolidated Edison, discusses his company’s prospects.
Bob Iaccino, of YourTradingRoom.com, discusses the market's latest moves.
Discussing whether the heat wave could lead to a turnaround for utilities, with Greg Gordon, ISI Group analyst.
Cramer talks to CEO Tom Farrell about the company and its most recent quarter.
Discussing the EPA's new regulations on coal plants and the company's juicy 4.6% yield, with Nick Akins, American Electric Power CEO, and Mad Money's Jim Cramer.
Michael Parker, senior research analyst, Asian power & renewable energy, Sanford C. Bernstein, anticipates a slow down in emerging markets' power consumption leading to falling coal price.
"I am looking for dislocation, opportunities to add value over a long period of time. You take a company like GlaxoSmithKline, profitability is up two-fold in the last 13 years, yet the share price is down 30 percent. So as a long-term investor, if I can buy Glaxo at 30 percent less, and 12 years on it has doubled its profitability, that's a good trade," Haig Bathgate, CIO at Turcan Connell, told CNBC.
American Electric Power CEO Mike Morris talks to the “Mad Money” host about his issues with the EPA and why his company appeals to retail shareholders.