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.
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 trimmed by as many as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys.
The Senate Energy and Natural Resources Committee approved a bill that would alter the sale of helium from the Federal Helium Reserve, Roll Call reports.
A number of environmental and health groups filed a lawsuit against the Environmental Protection Agency to force a review of the agency's smog pollution standards, The Hill reports.
Amendments to the House version of a five-year farm bill up for debate would require farmers to follow conservation guidelines to qualify for crop insurance subsidies, E&E reports.
The Nuclear Regulatory Commission proposed charging the Tennessee Valley Authority a $70,000 fine for quality violations at the Watts Bar Nuclear Plant, The Associated Press reports.
Ash Grove Cement Co., based in Kansas, agreed to pay a $2.5 million penalty and invest $30 million in air pollution controls to settle EPA air pollution allegations, The Associated Press reports.
Friends of the Earth aired a television advertisement criticizing Sen. Lindsey Graham, R-S.C., for supporting the Savannah River MOX facility in his state, The Associated Press reports.
Canadian investment bank Peters & Co. said the United States will need to import crude from Canadian oil sands as the current surge in shale oil will be too expensive to keep up, Bloomberg reports.
