The U.K.'s plan to launch a £3 billion ($4.9 billion) bank to fund clean energy received antitrust clearance from the European Commission on Wednesday, though loan recipients will have to show they couldn't get private financing for their projects.
The Pennsylvania Senate unanimously approved legislation Monday that would encourage the use of wastewater from mining operations for Marcellus Shale well development.
Exxon Mobil Corp. will acquire Canadian gas and oil exploration company Celtic Exploration Ltd. in a $3.1 billion deal that will add hundreds of thousands of acres to Exxon's natural gas holdings, the companies announced Wednesday.
InterOil Corp. may sell half of two of its gas fields in Papua New Guinea to the government and local residents in an effort to bust through a political stalemate that has dogged its $6 billion liquefied natural gas export project, according to media reports Tuesday.
The Ninth Circuit on Tuesday denied requests by utility cooperatives to review a contract between Bonneville Power Administration and Alcoa Inc., ruling that BPA's decision to not sell power to Alcoa at market rate was not arbitrary and capricious.
The boundaries of a New York state law designed to fast-track electricity projects by removing local roadblocks are being tested, with constitutional questions about the limits of the Power NY Act of 2011 arising after state regulators refused to steamroll a town law that could block a waste-to-energy plant.
Transportation officials in Kentucky and Indiana finalized a deal Monday to finance a long-delayed $2.6 billion venture adding two bridges over the Ohio River between the two states, clearing a final hurdle for the controversial project.
Pennsylvania will urge the state Supreme Court on Wednesday to overturn a ruling that key parts of a law designed to encourage natural gas drilling are unconstitutional, in a case attorneys say could make it harder for drillers and landowners looking to cash in on the state’s gas boom.
The Sierra Club and other environmental groups on Tuesday sued California energy regulators in a bid to block any new approvals of natural gas projects that use fracking until state officials beef up their scrutiny of such wells.
A Texas state judge on Monday blocked Lone Star Transmission Co.'s bid to construct part of a major wind power transmission line on a West Texas ranch, ruling condemnation of the land would interfere with a proposed airport.
BP PLC has added a decade to the life a North Sea platform, the energy giant said Tuesday, after it made upgrades to the site as part of a £10 billion ($16 billion) effort to cash in on oil reserves locked in waters off the U.K.'s coasts.
Hyundai Heavy Industries Co. has won a $3.2 billion bid to build a thermal power plant for Saudi Electricity Co., Hyundai Heavy’s latest addition to its growing roster of Middle Eastern power and energy projects, the company said Tuesday.
President Barack Obama confronted Republican presidential nominee Mitt Romney again on Tuesday in a tug-of-war over unemployment, energy policy, health care reform and trade in the second of three debates preceding the Nov. 6 presidential election.
Computer modeling used by Entergy Corp. to gauge corrosion risk in component parts at Indian Point is not reliable enough, a nuclear engineer testifying for green groups seeking to shut down the New York nuclear facility told federal administrative judges on Monday.
China Petroleum and Chemical Corp., known as Sinopec, and ENN Energy Holdings Ltd. on Monday abandoned their $2.2 billion bid for China Gas Holdings Ltd. after it failed to win antitrust approval and instead entered a strategic agreement with China Gas to develop and sell liquefied petroleum gas products, the companies announced.
The city of Chicago will audit the controversial $1.15 billion deal that in 2009 handed control of its pay-to-park system to an investor group led by Morgan Stanley & Co., Mayor Rahm Emanuel said Monday.
Marathon Oil Corp. is gearing up for a potential sale of part of its undeveloped Eagle Ford acreage across three Texas counties as part of a bid to focus on its main portions of the play, a firm spokeswoman confirmed Monday.
Environmental groups sued the U.S. Department of the Interior and National Park Service on Monday to block the recent approval of PPL Electric Utilities Corp. and Public Service Electric & Gas Co.'s $1.2 billion plan to construct an energy transmission line through three national parks.
A California appeals court on Friday shut down a suit alleging NRG Energy Inc. would gain an unfair monopoly on installing electric vehicle charging stations throughout the state under a $120 million settlement with government regulators stemming from California's electricity crisis of 2000 to 2001.
ConocoPhillips Co. is opposing Spectra Energy Corp.'s $500 million plan to expand its Texas Eastern gas pipeline in Pennsylvania, telling regulators Friday that Spectra's plan to expand the line's northern leg instead of its southern leg will cost twice as much and squeeze out shippers like Conoco.