The Department of Energy on Tuesday granted conditional approval to a Cameron Parish, Louisiana, terminal to export liquefied natural gas.
A new natural gas export facility is seen as a harbinger of things to come.
Utility stocks are "extremely cheap" compared to bonds, Fidelity Portfolio Manager Douglas Simmons says.
Take a look at some of Thursday's midday movers:
Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.
Take a look at some of Tuesday's midday movers:
Check out which companies are making headlines after the bell Monday:
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America should embrace shipping its surplus natural gas abroad, according to a study released on Wednesday.
IRVINE, Calif.-- The California Public Utilities Commission on Thursday opened an investigation into the damaged San Onofre nuclear power plant to determine whether ratepayers should bear costs tied to the facility that has been shut down most of the year.
DANA POINT, Calif., Oct 9- A plan by Southern California Edison to reopen its crippled San Onofre nuclear power plant, whose outage has increased the chance of power cuts in the region, is not certain to be approved, the U.S. Nuclear Regulatory Commission said.
Oct 4- A plan laid out by Southern California Edison on Thursday to restart one of two damaged nuclear reactors faces months of regulatory review plus skepticism from industry critics. SCE, a unit of power company Edison International.
*NRC must approve of San Onofre Unit 2 restart. Oct 4- U.S. nuclear regulators said Thursday they would take months to review Southern California Edison's plan to restart a reactor at the long idled San Onofre nuclear power plant in California.
Oct 4- Southern California Edison on Thursday released a plan to restart Unit 2 at the San Onofre nuclear power plant and operate the unit at up to 70 percent for about five months before shutting it again for inspections.
Oct 4- Southern California Edison on Thursday released a restart plan for Unit 2 at the San Onofre nuclear power plant in California, but must wait for approval from U.S. nuclear regulators before actually restarting the unit.
*In one case, payment of more than $7 mln held up over $100 invoice. By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.
*In one case, payment of more than $7 mln held up over $100 invoice. *Caution shows government taking appropriate care-CEO By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.
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New pipelines and high storage levels will combine to prevent a repeat of 2005 when hurricanes Katrina and Rita interrupted supply and prices spiked.
A new law requires utilities to get 33-percent of their energy needs from renewable energy sources by 2020. Sounds good, except financing and licensing approval for new sources is unlikely to happen at a pace sufficient to produce that much supply.