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Sharply lower oil prices for last year are cutting into advantages for U.S. chemical plants.
The pause, requested in a letter from the Calgary-based company to the State Department, adds new uncertainty to the controversy over the proposed pipeline.
The Electric Reliability Council of Texas is projecting to have more power capacity in reserve than originally anticipated thanks to more wind power coming online.
After 10 years of drilling, shale operators have more natural resources than the infrastructure to deliver it. There’s now more supply than demand, and pipeline builders are seizing the opportunity and submitting plans for an underground network to move through Pennsylvania.
According to a just released UN report, emission reduction pledges by 146 parties to the upcoming Paris Climate meeting will only limit the rise in projected temperature by 2100 to 2.7 degrees C. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change said this is “by no means enough but a lot […]
In a filing Friday with federal regulators, Dominion Energy said the changes would reduce the potential impacts on salamander habitats in the Monongahela National Forest in West Virginia and the George Washington National Forest in Virginia.
Refining profits alone jumped 80 percent thanks to cheap feedstock from low oil prices and stronger margins.
Fluor posted relatively flat net income of $176 million from continuing operations for the third quarter that was down 3 percent from last year, but revenues were down much more and the energy engineering and construction company reduced its earnings guidance going forward.
The Tulsa-based company, which is slated to merge with Dallas’ Energy Transfer Partners in a looming megamerger, said that its earnings before interest, taxes, depreciation, and amortization grew to $1.1 billion compared to $907 million in the same period of 2014.
— TransCanada Corp. believes in the Alaska liquefied natural gas project, but it also agrees with Gov. Bill Walker’s recommendation that the state buy out the company’s interest in it, a TransCanada official said Wednesday.