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Today’s Top Energy News and Analysis
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Bye, Bye Boucher: Markey to Head House Energy Subcommittee
Stephen Power reports: The leftward shift of the House of Representatives on climate policy continues, as Rep. Edward Markey, a Massachussets Democrat, says he'll assume the chairmanship of the House Energy and Commerce Committee's subcommittee on Energy and the Environment. Markey's promotion, reported in the Boston Globe today, is being...
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Ukrainian, Russian gas companies hold talks
As several European countries face fuel shortage, pressure grows for compromise ...
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Continental to run biofuel test flight on 737 jet in Houston
Houston (Platts) -- 07 Jan 2009 -- [Oil] Continental Airlines Wednesday will run a test flight in Houston of a 737 commercial jet using aviation fuel derived from algae and jatropha for the first such demonstration in North America, the company...
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The Uncertain Business of Building New Nuclear
A new study on Climate Progress has some surprising conclusions for nuclear power. Final costs for generating power at new plants, the study says, will be 25 to 30 cents per kilowatt-hour, which is some three times the cost of today’s energy. Nuclear is a major part of some plans...
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Exelon extends deadline for its NRG Energy stock purchase offer
Washington (Platts) --07 Jan 2009 -- [Nuclear] Exelon has extended through February 25 its offer to buy NRG Energy stock directly from shareholders, Exelon said January 7. After its unsolicited bid to acquire the company was twice rejected by NRG...
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Gazprom says Ukraine has siphoned off over 86 million cu m of gas
Moscow (Platts) -- 07 Jan 2009 -- [Natural Gas] Russia's Gazprom said Wednesday Ukraine has siphoned off over 86 million cubic meters of Russian gas destined for Europe since January 1 after Russia cut off supplies to Ukraine over a pricing dispute...
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EU calls for end to row as supply of gas falls
Gas supplies to much of western Europe fell sharply yesterday as a dispute over energy prices between Russia and Ukraine intensified, with Gazprom, the Russian gas...
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LyondellBasell U.S. Units File For Bankruptcy
By Chelsea Emery and Matt DailyNEW YORK (Reuters) - The U.S. operations of LyondellBasell, the world's third-largest petrochemical company, filed for bankruptcy protection under the weight of a massive debt load and slumping demand for its products.The company had taken on billions of dollars in debt obligations a year ago...
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Regulators Slam Duke?s Solar Funding Plan
North Carolina regulators gave a green light for Duke Energy’s Carolinas subsidiary to install 10 megawatts of photovoltaic systems at hundreds of commercial and industrial buildings, homes, and schools last week. But the energy company’s plan to recover costs for the $50 million project through rate hikes has come to...
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Oil slips on new recession worries
Crude retreats after hitting $50.47 a barrel, the highest price since Dec. 1 ...
- Energy Roundup: SunEdison Buys Real Estate, ZeaChem Gets $34M, and More
- The Uncertain Business of Building New Nuclear
- Energy Roundup: Duke Energy’s Solar Gambit, Sentilla Gets Funding, and More
- Hercules Offshore Cold-Docking Rigs, Cutting Costs in 2009
- Energy Roundup: Canadian Gas Pipeline Attacked, Toshiba Goes Solar and More
- Genius Investor Dumps BlueFire Ethanol Fuels
- Oil Bulls Take a Tentative Peek Outside
- Energy Roundup: Nigerian Oil Explodes, Peco Buys Wind, and More
- ConocoPhillips Loses $7 Billion on LUKOIL Stake in 2008
- Solyndra Proves Creative Solar Designs Are a Hit With Investors
- More Energy Insights
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BNET Energy provides daily news coverage for managers and executives in the energy industry, with coverage on major utilies, oil companies, and clean tech and renewable energy businesses. BNET Energy offers analysis on deal flow, new technology, alliances and partnerships, competitive intelligence, and a host of other critical business issues.