Market analysts suggest Dominion Resources' decision last week to withdraw from the retail electricity business may signal a trend where larger companies yield to financial pressures and exit competitive electricity markets, E&E reports.
Dominion Resources Inc. told the Nuclear Regulatory Commission last week that it had removed all nuclear fuel from the reactor at the shuttered Kewaunee Nuclear Plant, the Green Bay Press-Gazette reports.
The Sierra Club and other environmental groups filed comments against the Dominion Cove liquefied natural gas export terminal and called for a FERC environmental impact statement on the plan, StateImpact Pennsylvania reports.
McLEAN, Va. (AP) — Hoping to capitalize on a boom in natural gas production, a Virginia-based energy company is submitting a 12,000-page application to federal regulators to build a $3.4 billion plant in southern Maryland to export liquefied natural gas.
RICHMOND, Va. (AP) — Dominion Resources Inc. said Monday that it plans to close and decommission its Kewaunee Power Station in Wisconsin after it was unable to find a buyer for the nuclear power plant.
As U.S. energy companies seek government permits to export natural gas to energy-hungry countries, sources tell The Wall Street Journal that the Obama administration is telling Japan and other countries that they will have to wait because of U.S. political sensitivities.
Dominion Resources is suing to challenge a claim by the Sierra Club, which says it has the right to block the company’s plans to export liquefied natural gas from a southern Maryland terminal, The Associated Press reports.
A solar summit at the White House, headlined by Energy Secretary Ernest Moniz and senior advisor John Podesta, brought an announcement of $15 million set aside for state, local and tribal authorities to use to develop solar and other projects that could help the fight against climate change, The Hill reports.
S. Elizabeth Birnbaum, who headed the agency regulating drilling at the time of the 2010 Deepwater Horizon disaster, has co-authored an opinion piece in The New York Times, charging that the Obama administration has done little in the four years since the Macondo well blowout to ensure drilling safety.
The League of Conservation Voters is ripping into Rep. Cory Gardner, R-Colo., running against Democratic incumbent Sen. Mark Udall, for his views on the environment and climate change, The Hill reports.
Baker Hughes saw a 23 percent increase in first quarter profits on earnings of $328 million, or 74 cents a share, on gains in efficiency as well as increased demand for its services as well counts grow in the Permian Basin, CEO Martin Craighead said, according to FuelFix.
Oilfield services company Schlumberger saw “solid” first quarter results, according to CEO Paal Kibsgaard, with technology sales and growth from Saudi Arabia to Ecuador to offshore Australia boosting profits 26 percent, FuelFix reports.
Lawyers with a trade group have told Reuters that the Internal Revenue Service could resume issuing letters authorizing master limited partnerships as early as May, having paused back in March to consider the proliferation of companies applying for them.
Compliance with Order 764, which mandates utilities work to integrate power from renewables into the grid, was a major topic at the monthly meeting of the Federal Energy Regulatory Commission, Platts reports.
A partnership between T. Boone Picken’s hedge fund BP capital Management and Wyoming company Moser Energy Systems, to be called Mesa Natural Gas Solutions, hopes to become the country’s biggest supplier of natural gas engines to oilfield drilling rigs, the Casper Star-Tribune reports.
A final regulation submitted by the California Department of Public Health would limit chromium to 10 parts per billion in public drinking water, the Los Angeles Times reports, noting it would be the first rule of its kind in the country.