*China General Nuclear Power Corp to buy 100 pct of Edra. An international probe into alleged graft at 1 Malaysia Development Bhd, along with weak global fuel prices and subdued demand from China, has damaged investor sentiment in Malaysia and battered its currency. 1 MDB has denied any wrongdoing. State-owned CGN said it will assume all the debt of 1 MDB's power...» Read More
*Malaysia caps power investment at 49 pct. KUALA LUMPUR/ SINGAPORE, Aug 4- At least half a dozen suitors have bid for energy assets of Malaysia's debt-laden state fund 1 Malaysia Development Bhd, despite it being at the centre of the country's ongoing political crisis, according to four people familiar with the matter. Infrastructure companies in Malaysia and the...» Read More
CNBC's Kate Kelly reports natural gas is rallying amid major snowstorms in the East Coast region. Power plants are also benefiting.
Erik Wytenus, Head of Foreign Exchange and Commodities at J.P. Morgan Private Bank outlines the headwinds for gold going forward.
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.
With uncertainty and volatility big issues much like last year, money managers say go for high dividend-paying stocks and sectors such as healthcare, consumer staples and utilities.
Energy used to be something we took for granted; it is was cheap, accessible and plentiful. Now, energy seems precious, complicated and fractious, a chip in the high-stakes game of geopolitics.
Even when renewable energy is relatively cheap to produce, current costs to store huge amounts of solar and wind power can be two or three times the value for utilities supplying electricity.
With all its attributes, solar energy still hasn't taken off with consumers. What's not to like. Apparently, a lot. For one, switching over is a" a hassle," says a solar firm CEO.
The resulting yo-yo effect on fuel prices for the last three years has made it hard for consumers and businesses to loosen their purse strings enough to jump start the lackluster economy.
Automakers are gearing up for mass-market production of hydrogen-powered cars starting in 2015, but the fuel-cell technology has plenty of skeptics, including President Barack Obama.
Choosing energy-efficient appliances, such as Energy Star, making a few small repairs and adjusting some behavior can help consumers save hundreds of dollars a year in energy costs.
With gasoline prices still stubbornly high, a new fuel from an old source could keep America moving more cheaply in the near future. It's coal-based ethanol and Celanese is making a big bet on it.
Try these two sectors instead, the "Mad Money" host said.