Utilities

Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US

Officials in southwestern Michigan has announced that a nuclear power plant will be revived with a $1.5 billion loan from the Biden administration.


Godfreys: Leading Australian Vacuum Retailer Set to Close Doors for Good in May

Godfreys will permanently close stores after administrators failed to secure a buyer for the financially troubled company...

Texas' Largest Wildfire Caused by Power Line Ignition, Authorities Confirm

Xcel Energy admitted that its power lines ignited the Smokehouse Creek fire in the Texas Panhandle but denied negligence in infrastructure maintenance and operation...

Type One Energy to Transform Tennessee Coal Plant Into a Fusion Reactor

Type One Energy has unveiled its plan to repurpose the retired Bull Run Fossil Plant in Oak Ridge, Tennessee, into a prototype fusion reactor site...


Latest News

Citgo valued at more than $10 billion in revised bids
Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people f
ABB, Hitachi to set up joint venture in Japan
Swiss engineering group ABB (ABBN.VX) said on Tuesday it had agreed to set up a joint venture with Hitachi (6501.T) to market high-voltage direct current (HVDC) power transmission equipment in Japan.
Technip rules out CGG bid after talks fail
Technip (TECF.PA) has ruled out making an offer for seismic surveys specialist CGG (GEPH.PA) after talks with the company failed to produce an agreement, the French oil services group said on Sunday.
Shanghai Electric Power says in contact with E.ON over Italy assets
China's Shanghai Electric Power (600021.SS) said on Wednesday it was in preliminary contact with top German utility E.ON (EONGn.DE) over the possible purchase of its Italian assets.
Oil hits four-year low as expectations fade for OPEC cuts
Fading hopes OPEC will cut production when it meets Thursday sent oil prices tumbling to a four-year low and the world stock-market rally paused for Thanksgiving in the United States.
E.ON, Macquarie in exclusive talks over Spanish ops
Germany's top utility E.ON SE (EONGn.DE) has entered exclusive talks to sell its Spanish activities to Australian infrastructure investor Macquarie Group Ltd (MQG.AX), four sources familiar with the m
Halliburton to buy Baker Hughes for about $35 billion
Halliburton Co (HAL.N) will buy Baker Hughes Inc (BHI.N) for about $35 billion in cash and stock, creating an oilfield services behemoth to take on market leader Schlumberger NV (SLB.N) as falling oil
KKR prepares more Samson asset sales as oil prices plunge
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 billion in 2011 and has already sold almost half its acreage to cope with lower energy prices, plans
Italy's Enel targets $3.8 billion with Endesa flotation
Italian utility Enel (ENEI.MI) could raise 3.1 billion euros ($3.8 billion) with the flotation of up to 22 percent of its Spanish subsidiary Endesa (ELE.MC) on the stock market, according to the prosp
Potential buyers checking out two Citgo refineries
Potential buyers from at least six leading oil companies have visited Citgo Petroleum Corp’s refinery in Illinois and three firms have shown keen interest in its Texas plant, four sources familiar wit
1 2 3 4 5 6 7 8 9 10  next page
Real Time Analytics