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...» Read More
GREECE WILL CANCEL PRIVATISATION OF STATE-RUN NATURAL GAS UTILITY DEPA- ENERGY MINISTER TELLS REUTERS.
ATHENS, Jan 30- Greece's new left-wing government will cancel plans to sell the state natural gas utility and is firmly opposed to a Canadian gold mine that is among the biggest foreign investment projects in the country, the energy minister told Reuters on Friday. The gold mine operated by Vancouver- based Eldorado Gold in northern Greece was the flagship...
SINGAPORE, Oct 27- Liquefied natural gas exports from the United States will remain competitive versus supplies from traditional producers of the fuel until oil prices fall to $70 a barrel, said a senior executive with Japanese gas utility Osaka Gas Co on Monday. Prior to crude prices tumbling a quarter from this year's peaks in June, several Asian buyers,...
ISIS makes its fortune by selling oil from seized territory to its enemies, NBC News reports.
TOKYO, Oct 7- Japan's reboot of nuclear power, expected to begin early next year, is set to punish oil imports the most as utilities slash the use of their highest-cost fuel and shut aging oil-fired plants, a survey of Japan's nine biggest power companies showed. Utilities in Japan are keen to close oil-burning units, not only because crude and fuel oil are their most...
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.
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.
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.
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.
Several utility companies have recently announced increases in their retail electricity rate as they struggle to meet peak periods of demand.
To help avert a financial crisis, Russian President Vladimir Putin announced Russia's gas supply prices to Ukraine will be cut by one-third.
In the latest "despicable scam," fraudsters threaten to shut off your power unless you fork over cash.
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.
Kingsley Jones, Founder and CIO, Jevons Global tells CNBC's Cash Flow why he thinks the U.S. is on the verge of re-industrialization.
Gasoline prices are up 8 cents in the past two weeks and will likely continue climbing through April. Experts say the 2013 national average will likely top out at about $3.95 a gallon.
Gasoline futures continued to trade higher in the electronic session Thursday as the latest track of Hurricane Sandy looked headed straight for the heart of the East Coast refining industry.
Gas prices are rising because demand is rising in the developing world, which is a more consistent and growing pressure than fluctuating tensions in the Middle East, the Christian Science Monitor reports.
President Obama is focusing on Americans' anxiety over rising gasoline prices, taking credit for rising oil and gas production.