Shareholders of Canadian natural gas company Progress Energy Resources Corp. have overwhelmingly approved a CA$6.1 billion (US$6 billion) takeover bid by Malaysia's Petroliam Nasional Bhd., Progress Energy announced Tuesday.
Federal regulators on Monday approved Transwestern Pipeline Co. LLC's plan to convert a 60-mile gas pipeline in New Mexico to a liquids pipeline over objections of several energy companies who warned the move would choke off capacity.
Lone Star Transmission LLC on Friday asked the Texas Supreme Court to review an injunction granted to a West Texas ranch that bars construction of a wind transmission line on the ranch's property, saying the move could throw a wrench into the state's plans to complete a network that will move wind power from renewable energy zones to the rest of the state.
Exelon Corp., the country’s largest nuclear operator, has ended its plans for a new nuclear energy plant in South Texas because it can’t afford to compete against low natural gas prices, the company announced Tuesday.
The California Assembly on Friday unanimously passed a bill that would exempt several hundred miles of bicycle lanes from environmental requirements in order to speed up implementation of a Los Angeles County Metropolitan Transportation Authority for bikeways in the city.
The U.S. Forest Service on Monday cleared the way for natural gas drilling that uses hydraulic fracturing in an Ohio national forest, rebuffing environmentalists who said study of energy exploration in the area was inadequate because it didn’t specifically examine fracking.
A North Dakota federal judge on Monday allowed the state’s Public Service Commission to intervene in a suit brought by environmental groups seeking to rescind the state’s authority to regulate surface coal mining, ruling the PSC was unconditionally allowed to intervene by law.
The Los Angeles City Council passed a resolution Tuesday blocking any aboveground alternatives of a controversial, potentially multibillion-dollar highway extension project proposed by the state's transportation agency.
Financial reform advocates said Tuesday that exceptions embedded in a recent U.S. Commodity Futures Trading Commission guidance for cross-border enforcement of Dodd-Frank Act swaps rules left several loopholes that could allow banks to evade rules by simply changing the registration of their subsidiaries.
Japan's development bank will invest directly in the Indian corporation tasked with building up manufacturing and commercial activity between New Delhi and Mumbai, an effort for which Japan has already pledged $4.5 billion, the country's trade minister announced Tuesday.
Chile's highest court on Tuesday rejected the $5 billion Castilla thermoelectric power plant planned by Brazil's MPX Energia SA, saying concerns over the 2,100-megawatt facility's environmental impact are too weighty for them to give it the go-ahead.
Norwegian energy giant Statoil ASA plans to expand its Arctic exploration activities by drilling nine new wells in the Barents Sea region in 2013 and growing its Arctic research budget to $43 million, Statoil said Tuesday.
The Catawba Riverkeeper Foundation and Clean Air Carolina on Tuesday sued the North Carolina Department of Transportation and Federal Highway Administration over a $930 million toll road project, saying it violates the National Environmental Policy Act because the agencies failed to prepare an adequate environmental impact statement.
The Ninth Circuit found Monday that the Federal Energy Regulatory Commission had the authority to establish electricity market rates for the period when it sought refunds to consumers for high energy prices during California's energy crisis in 2000.
Uranium heavyweight Cameco Corp. has struck a $430 million deal with BHP Billiton Ltd. to acquire the Australian mining outfit's Yeelirrie uranium project in Western Australia, the buyer announced Sunday.
A federal appeals court in New Mexico affirmed a lower court's judgment tossing an anti-nuclear group's suit that sought to block a U.S. Department of Energy $4 billion nuclear research facility project over an environmental impact statement, ruling Monday that the suit was filed prematurely.
The U.S. government's development finance arm will lend a unit of geothermal power project developer Ormat Technologies Inc. up to $310 million to add up to 52 megawatts of new capacity to a Kenyan power generation facility, Ormat announced on Monday.
The U.S Nuclear Regulatory Commission on Monday issued a final rule amending its regulations for the verification of nuclear power plant construction activities to require licensees to report any alterations they make after the supposed completion of any required inspections, tests or analyses.
The U.S. Commodity Futures Trading Commission on Monday finalized new record-keeping and registration requirements for participants in the $700 trillion over-the-counter derivatives market.
With iron ore prices falling, Australian mining outfit Sundance Resources Ltd. on Friday accepted a lowered AU$1.4 billion (US$1.5 billion) takeover bid from China's Hanlong Mining Investment Pty Ltd., which had been under pressure from the government to reduce its previous offer.