The state Public Utilities Regulatory Authority issued a draft decision saying that Spain's Iberdrola has not provided "any measurable or quantifiable commitments" that assure regulators that ratepayers will not be harmed by its plan to buy UIL Holdings Corp.. The agency said it cannot conclude that Iberdrola and UIL Holdings "will continue to possess the...» Read More
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...
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...
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.
The consensus among economists on Wall Street and at the Federal Reserve is that consumer spending will begin to increase in the coming months.
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...
ISIS makes its fortune by selling oil from seized territory to its enemies, NBC News reports.
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.