Utilities

Texas Energy Industry Evaluates Hurricane Beryl's Damages to Shipping Ports, Oil Production Sector

The Texas energy industry is assessing the damage from Hurricane Beryl after the storm struck the US Gulf Coast.


American Electric Power Names Bill Fehrman as New CEO

American Electric Power has named Bill Fehrman its new chief executive officer...

Texas Daily Power Consumption Hits All-Time High for May Amid Heat Wave

Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave...

US Water Utilities Targeted by Cyberattacks; EPA Warns Cyberbreaches Becoming More Severe, Frequent

US water utilities are targeted by cyberattacks more frequently. EPA warns that the cyberattacks are becoming more severe as well...


Latest News

South Korea nuclear operator says cyberattacks continue, reactors safe
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safel
Delaware court says C&J tie up with Nabors unit can proceed
A merger between oilfield services provider C&J Energy Services Inc (CJES.N) with a unit of Nabors Industries Ltd. (NBR.N) can proceed, Delaware's supreme court ruled on Friday.
Shell sells parts of Norwegian downstream business to Finland's ST1
Oil major Shell (RDSa.L) said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities.
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
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