EnergyRSS

  • December 9, 2008

    Constellation In Talks With EDF Over $4.5B Nuclear Bid

    Despite its merger deal with MidAmerican Energy Holdings Co., Constellation Energy Group Inc. will begin talks with Electricite de France SA over the French nuclear power operator's $4.5 billion unsolicited bid to purchase half of the U.S. company's nuclear business.

  • December 9, 2008

    Greenhouse Emissions Rocketed In '07: US Report

    The U.S. Energy Information Administration’s annual report has concluded that a combination of environmental and economic factors caused a historic spike in total greenhouse gas emissions and carbon dioxide emissions in 2007.

  • December 5, 2008

    Enviros Protest BLM Utah Drilling Lease Plans

    A slew of groups representing conservation and outdoor recreation interests have filed formal protests with the U.S. Bureau of Land Management since Wednesday over the agency's bid to lease more than 200 parcels of federal land in Utah for geothermal, oil and gas projects.

  • December 5, 2008

    Sparrows Point LNG Project Poses Little Risk: FERC

    The U.S. Federal Energy Regulatory Commission has concluded that a controversial liquid natural gas terminal in Maryland will not have a significant adverse environmental impact, provided appropriate mitigating measures are taken.

  • December 8, 2008

    CORRECTED: Adelphia To Pay Duke Energy $4.8M In Contract Spat

    Adelphia Communications Corp. has agreed to pay $4.8 million to utilit to utility company Duke Energy Ohio Inc. to settle various disputes over contracts that arose during and after Adelphia's bankruptcy.

  • December 8, 2008

    VeraSun Gets Approval To Tap $230M In DIP Funds

    Ethanol producer VeraSun Energy Corp. has received bankruptcy court approval to use a financing package of more than $230 million to help fund operations while the company reorganizes under Chapter 11 protection.

  • December 5, 2008

    EU Seeks Input On RWE's Promise To Divest

    The European Commission has asked interested parties to weigh in on RWE Group's promise to let go of certain gas transmission assets in an attempt to assuage concerns that it has abused its dominant power over the German gas markets.

  • December 4, 2008

    Obama Urged To Toss Mining Waste Rule Change

    A day after the U.S. Environmental Protection Agency opened the door for coal companies to dump mining waste directly into streams, environmentalists are putting pressure on President-elect Barack Obama to overturn the controversial measure immediately upon entering the White House.

  • December 4, 2008

    France Slaps 4 Oil Giants With €41.1M In Fines

    The French Competition Council fined subsidiaries of four oil companies — Chevron Corp., Exxon Mobil Corp., Royal Dutch Shell PLC and Total SA — €41.1 million Thursday for allegedly colluding to ensure that each received an equal share of Air France's kerosene supply market for refueling at the carrier's stopovers on the French island of Reunion.

  • December 4, 2008

    Latest DOE Bechtel Citation Could Yield $385K Fine

    The U.S. Department of Energy has cited a subsidiary of contractor Bechtel Corp. for violations of nuclear safety regulations that could lead to $385,000 in fines for the engineering and construction company in connection with a waste treatment plant it is building in Washington state.

  • December 3, 2008

    Miss. AG Hits Entergy Corp. With Antitrust Suit

    The legal sparring between Mississippi's attorney general and Entergy Corp. reached a heightened level Tuesday when Attorney General Jim Hood slapped the energy company and its subsidiaries with a fraud and antitrust suit that alleges the companies illegally manipulate the purchase and sale of electricity to maximize profits.

  • December 3, 2008

    Kings Plaza Seeks To Recoup Oil Spill Cleanup Costs

    Hoping to recover money spent on a cleanup, the owners of New York's Kings Plaza Shopping Center are suing the operators of an on-site power generating plant as well as the petroleum deliverers, which the center claims are each responsible for a 2006 oil spill at the property.

  • December 3, 2008

    Duke Energy Plant Must Face CAA Review: Judge

    A federal judge has ordered a Duke Energy Corp. subsidiary to submit to a full review of whether an addition at its coal-fired power plant in Cliffside, N.C., meets pollution control standards for hazardous air pollution under the Clean Air Act.

  • December 3, 2008

    EPA OKs Controversial Mining-Waste Disposal Rule

    The U.S. Environmental Protection Agency has signed off on a proposed rule change intended to reduce the impacts of strip-mining for coal despite objections by lawmakers and environmentalists who claim the new rule relaxes restrictions by allowing coal companies to dump debris directly into streams.

  • December 19, 2008

    Energy Cases To Watch In 2009

    As uncertainty lingers over the direction the Obama administration will take, questions about how the courts handle climate change litigation and how the U.S. Federal Energy Regulatory Commission will approach enforcement proceedings remain at the forefront for 2009. Here's a look at some cases the energy industry will be keeping an eye on in the coming year.

  • December 3, 2008

    UBS, AgStar Tussle Over VeraSun Collateral

    UBS AG and Wells Fargo Bank AG clashed this week with AgStar Financial Services PCA over their respective liens on collateral for bankrupt ethanol producer VeraSun Energy Corp., which has said that it is considering an unsolicited buyout offer.

  • December 2, 2008

    Supreme Court Hears Power Plant Technology Cases

    Offering widely divergent views on the approaches that can be used by the U.S. Environmental Protection Agency in enforcing environmental laws, attorneys for environmental groups and the energy industry argued before the U.S. Supreme Court on Tuesday over technology requirements for keeping aquatic creatures out of power plant intake valves.

  • December 2, 2008

    Chevron Off The Hook In Nigerian Violence Case

    A San Francisco jury has found that Chevron Corp. is not liable for a fatal standoff over jobs on one of its oil platforms in Nigeria 10 years ago, a decision the plaintiffs have vowed to appeal in the wake of a contentious weeks-long trial.

  • December 2, 2008

    EU Taps Brakes On Car Emissions Reduction Plan

    The European Parliament and representatives of European Union member states gave a boost to car makers Monday when they tentatively agreed to a gradual implementation of planned caps on carbon dioxide emissions from automobiles, shooting down a stricter proposal by the European Commission to impose the limits on all new cars by 2012.

  • December 2, 2008

    Reed Smith Snags 2 More Thelen Partners

    Surging as other firms ebb, Reed Smith LLP has snapped up more partners from the debris of Thelen Reid Brown Raysman & Steiner LLP, reuniting two prominent transactional attorneys with the renewable energy practice team that joined Reed Smith last month.