The House Energy and Commerce Committee passed a bill that would protect electric utilities from environmental fines when the Energy Department orders them to keep up output, FuelFix reports.
Amid increased scrutiny from FERC on its energy-trading operations, JPMorgan Chase has sold its electricity rights from three power plants in California, The Wall Street Journal reports.
An analysis from Deutsche Bank AG projected the Europe's coal consumption would decline 26 percent by 2020 on coal-fired power plant closures, Bloomberg reports.
CHEYENNE, Wyo. (AP) — Wyoming's senior U.S. senator is delaying the release of legislation that aims to block the federal government from cutting mineral royalty payments to 35 states.
WELLINGTON, New Zealand (AP) — Shares in a state-owned New Zealand power company rose 9 percent in their stock market debut, giving a boost to the government's asset sale plans.
FirstEnergy and American Municipal Power have canceled plans for a gas-fired power plant in Ohio, citing reduced financing options stemming from federal budget cuts, The Columbus Dispatch reports.
CHEYENNE, Wyo. (AP) — Wyoming's senior U.S. senator said he plans to unveil legislation Thursday that would allow states to collect royalties directly from companies that produce minerals from federal lands.
HOUSTON (AP) — Convicted ex-Enron Corp. CEO Jeffrey Skilling's more than 24-year prison sentence for his role in the once mighty energy giant's collapse could be reduced by as many as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys.
PANAMA CITY (AP) — The Panama Canal Authority said Wednesday it has adopted several water-saving measures to help save energy as the Central American country faces a power shortage because of a lack of rain.
Senate Energy and Natural Resources Chairman Ron Wyden, D-Ore., asked the Justice Department to join the European Union's probe of possible oil price manipulation, Reuters reports.
Nuclear Regulatory Commission Chairman Allison Macfarlane said the NRC can't consider a public hearing on the San Onofre nuclear plant until June, when an appeal period of an Atomic Safety and Licensing Board ruling ends.
Sens. Bob Corker, R-Tenn., and Joe Manchin, D-W.V., introduced a bill that would ensure that only domestically-made biofuels can be used to meet the Renewable Fuel Standard, The Chattanoogan reports.
A federal judge refused to reconsider a ruling that upheld the Interior Department's power to ban new hard rock mining projects on federal land, The Associated Press reports.
Tesla Motors increased the value of its stock and debt offerings 30 percent to $1.08 billion to gather reserves and pay back its Energy Department loans, Bloomberg reports.
Poland called on the European Union to end energy subsidies for fossil fuels and renewable sources and cut oil imports to better combat climate change, Bloomberg reports.
The first well reports from the Utica shale in Ohio show a significant supply of natural gas but not as much oil as some energy companies were expecting, Reuters reports.
