Third quarter profit increased 12 percent for Dominion Resources Inc. as weather and moves like selling a third of the company’s solar portfolio to SunEdison boosted its balance sheet despite continued low energy prices, The Wall Street Journal reports.
The Atlantic Coast Pipeline, a 564-mile project to bring natural gas eastward out of West Virginia, has made a formal application to the Federal Energy Regulatory Commission for approval, the Richmond Times-Dispatch reports.
A security violation at Dominion Resources’ decommissioned Kewaunee nuclear power plant in Wisconsin will cost the company a $17,000 civil penalty levied by the Nuclear Regulatory Commission, The Associated Press reports.
A study commissioned by utilities including Dominion Resources and Duke Energy claims that a $5 billion natural gas pipeline they intend to build with other partners in the Atlantic region would provide thousands of new jobs and save households in Virginia and North Carolina an average of $44 per month on their utility bills, The Associated Press reports.
Days after Dominion Resources announced it had requested the Federal Energy Regulatory Commission start review of the Atlantic Coast Pipeline it is proposing to bring natural gas to the Southeast, the company said it had also started the ball rolling to get approval to connect its transmission facilities to the pipeline, The Associated Press reports.
Dominion Resources has filed papers with the Federal Energy Regulatory Commission, asking for a start to the review process for the proposed 550-mile natural gas Atlantic Coast Pipeline, The Associated Press reports.
Dominion Resources says it will install 2,500 solar panels at a Capital One Financial Corp. project in Virginia with the eventual capacity of 500 kilowatts, as well as purchasing two solar energy projects from EDF Renewable Energy in California totalling 42 megawatts, the Richmond Times-Dispatch reports.
Natural gas pipelines and terminals are big capital investment projects that are a natural fit for utilities, and the announcement from Duke Energy and Dominion Resources this week that they were joining the project to build the Atlantic Coast Pipeline could be the start of a trend, E&E reports.
NEW YORK (AP) — Dominion Resources, Duke Energy and other partners are proposing a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.
Gas is being relied upon to generate more of the nation's electricity in recent years because enormous new domestic supplies have drastically lowered its price and because natural gas burns cleaner than the nation's other most important fuel for electric power, coal.
The stocks of U.S. petroleum products increased last week, the Energy Information Administration reported, although the million barrel rise in crude stocks was less than analysts’ expected, while the jump in gasoline stocks exceeded predictions, according to Reuters.
Earthjustice filed court papers Tuesday on behalf of several environmental and health groups seeking to intervene to defend the Environmental Protection Agency’s lower ozone limits from a lawsuit brought by coal company Murray Energy, The Hill reports.
State Department climate envoy Todd Stern told a news conference that he’s thinking about the upside, not the downside, heading into a critical global conference on climate change policy that starts Monday, National Journal reports.
The plan for coal producer Walter Energy to emerge from bankruptcy is being fought by unions and the firm’s retired workers in Alabama, but a court Tuesday approved the company’s move to auction off assets, Reuters reports.
Acting to lower its credit rating for Pemex, Moody’s Investors Service pointed to the firm’s increasing debt and declining earnings, although Mexico’s national oil company responded by saying the move brings the agency in line with other ratings firms, The Wall Street Journal reports.
The White House and the billionaire conservative Koch brothers have been allies recently in moves to liberalize the nation’s criminal justice laws, but they are disagreeing over one measure that would require proof of suspects knowingly engaging in unlawful conduct, The New York Times reports, noting that such a move is alarming environmentalists.
According to a report released this week by the U.N. Office for Disaster Risk Reduction, weather-related disasters have caused more than 600,000 deaths and trillions of dollars in damages over the past 20 years, The New York Times reports.
A market-based approach for cutting vehicles’ greenhouse gas emissions—which could include mileage-based driver fees or emissions trading—is the goal as Connecticut, Delaware, New York, Rhode Island, Vermont, and the District of Columbia announced an agreement to work together on the issue, Reuters reports.