Morgan Stanley's private infrastructure investment fund has bought out fellow shareholder GE Energy Financial Services Inc. to gain virtually full control of Southern Star Central Corp., a major Midwestern pipeline operator, the parties announced Thursday.
Southern Co. unit Georgia Power and its co-owners of a $14 billion nuclear power project asked a federal judge Thursday to force the project’s contractors to return $29.3 million they say they overpaid after the contractors filed an invalid claim.
Boston private equity firm Denham Capital has made a $200 million equity investment in a recently formed Texas oil and gas exploration company for developing upstream activities in the Permian Basin, Denham said Wednesday.
Australian environmental regulators approved a 311-mile rail link proposed by India’s GVK, marking the end of a four-year review of AU$10 billion (US$10.4 billion) plans to connect the company’s massive Queensland coal project to a seaside port, GVK said Thursday.
Freight railroad operator Norfolk Southern Corp. and Central New York Oil and Gas Co. LLC have reached a settlement in their dispute over the energy company's use of eminent domain to build a controversial $257 million natural gas pipeline through northeastern Pennsylvania, according to a court order issued Wednesday.
The U.S. Securities and Exchange Commission on Wednesday adopted a rule requiring American companies to disclose what they pay to foreign governments for the right to extract oil, natural gas and other resources, a measure bitterly opposed by industry leaders.
Chesapeake Energy Corp. on Tuesday was sued in Texas federal court by a commercial royalty owner that alleges the energy giant is mismanaging its interests in more than 115 oil and gas wells, breaching the companies’ development agreement.
Southern Co. unit Georgia Power has received the go-ahead from Georgia regulators for the remainder of its 2012 spending on a $14 billion nuclear plant expansion, the utility said Tuesday.
Energy regulators in Thailand on Wednesday had reportedly signed over oil and gas production rights to units of Chevron Corp. and Apico LLC, answering the companies' bids to develop fields and produce the commodities as the country slowly asserts itself as an exploration destination.
A group of Republican governors released broad domestic energy policy recommendations Wednesday that included approval for the controversial Keystone XL pipeline and streamlined energy regulations that would boost development of domestic coal, oil and natural gas.
BHP Billiton Ltd. has shelved a $30 billion expansion of its Olympic Dam copper-gold-uranium mine in southern Australia, the company said Wednesday, the latest sign that escalating capital costs and low commodity prices are taking their toll on even the biggest miners.
Advocacy groups on Wednesday urged New Jersey Gov. Chris Christie to sign legislation that would ban the treatment, disposal or storage of hydraulic fracturing waste in the state.
Statoil ASA and its state-owned partner on the Gullfaks South oil project in the North Sea said Wednesday they will invest 8.5 billion Norwegian kroner ($1.44 billion) into two new subsea templates and six extra wells, a move to boost output by 65 million barrels of oil equivalent.
Looking to remove two tax measures from the November ballot, a taxpayers group sued a California county over an eighth-cent sales tax proposal and has threatened to sue the county’s water district over a $548 million parcel tax ordinance seeking to fund projects that reduce contaminants in waterways.
A proposal by Silicon Valley business leaders to limit the reach of the California Environmental Quality Act could drive down the number of suits blocking construction projects from moving forward, but the measure is in for a fight from conservationists who argue it could kill the state’s key environmental law altogether, experts said Tuesday.
The U.S. Department of the Treasury issued a proposed rule Tuesday that would require its contractors to make good-faith efforts to hire women and minorities, implementing a requirement that stems from the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Kinder Morgan Inc. on Tuesday urged the Federal Energy Regulatory Commission to reject a protest lodged by natural gas shippers accusing the company of trying to upend a previous price agreement and retroactively increase rates for use of its Trailblazer pipeline.
The U.S. Department of State on Monday reminded U.S. oil companies of the legal risks of bypassing Iraq's central government when planning deals in the northern Kurdish region, a shortcut that has iced Exxon Mobil Corp. and Chevron Corp. out of the Halfaya oil field.
Massachusetts towns have a new tool to finance roads, sewers and water systems without stretching their already-tight budgets, thanks to a new state law that attorneys say should ease financing for the basic infrastructure needed to lure private developers.
The Federal Energy Regulatory Commission has licensed Ocean Power Technologies Inc. to build the nation’s first commercial plant harnessing electricity from the force of waves, the company said Monday, a breakthrough for a sector regulators say boasts serious promise.