08.15.2008 | By Chris Holly
Four Senate Democrats Thursday asked Commodity Futures Trading Commission Inspector General A. Roy Lavik to investigate the commission's role in the preparation of a July 22 Bush administration interim report that discounted the influence of oil market...
08.15.2008 | By Johnathan Rickman
The approval last month by World Bank leaders of two new international funds to help developing nations cut their greenhouse gas emissions and finance investments in low-carbon technologies has sparked partisan sniping by congressional leaders and fed...
08.14.2008 | By Jeff Beattie
In another grim financial development for the company, PNM Resources on Monday announced losses of more than $143 million for the second quarter--its second straight poor quarterly earnings report--and said it plans to sell its Texas power retailer and to cut...
08.13.2008 | By Jeff Beattie
Substantially expanding its reach in the U.S. market for nuclear fuel processing and other specialized nuclear material operations, Babcock & Wilcox Co. announced Monday that it has struck a deal to acquire Nuclear Fuels Services and its fuel fabrication...
08.12.2008 | By Jeff Beattie
In news boosting the outlook for the country's largest merchant generator, Calpine Corp. named Jack Fusco, former head of Texas Genco Inc. and a veteran of the energy and finance industries, as its new president and chief executive officer, and posted solid...
08.11.2008 | By Jeff Beattie
Potentially putting a huge amount of U.S. coal reserves up for grabs, Rio Tinto said Friday that it has filed paperwork to spin off Cloud Peak Energy--the mining giant's North American coal unit and the second largest coal producer in the United States--but...
08.08.2008 | By Johnathan Rickman
Saying rising gasoline prices and plummeting auto sales warrant quick action, House Energy and Commerce Committee Chairman John Dingell Monday urged the Energy Department to expedite a rulemaking to establish an incentive program designed to encourage the...
08.08.2008
Accelerating its rapid expansion in the energy sector, the Blackstone Group announced Thursday the formation of a new clean technology business that will focus on investments in that sector and on advising other Blackstone business units involved in energy...
08.07.2008 | By George Lobsenz
Entergy Corp., a leading utility in the demonstration of General Electric's flagship new reactor, is now talking to other reactor vendors--and looking at a less advanced GE reactor--because GE will not commit to managing construction of its cutting-edge...
08.06.2008 | By Johnathan Rickman
In an apparent bow to pressure from key Democrats in Congress, the Commodities Futures Trading Commission last month quietly announced that its staff has reclassified certain positions in energy futures markets from commercial to non-commercial, a move that...
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