U.S. natural gas output will reach 73 billion cubic feet a day for the first time this year as new pipelines tap into shale supplies stranded in the Marcellus formation in the Northeast, a new government report shows. More »
By an almost two-to-one margin, 62 percent to 33 percent, Americans say they would pay more for energy if it would mean a reduction in pollution from carbon emissions, according to the Bloomberg National Poll. More »
Google, a big consumer of electricity for the computer servers that power its services, is looking at ways to transform the century-old utility industry, which has been struggling to adapt to changing demands for power management and production. More »
Baker Hughes said Tuesday its board appointed two new directors, one who led a natural gas midstream company and another whose career has included C-suite appointments in the fast-food, airline and retail industries. More »
Chesapeake Energy will wipe $1.1 billion in debt off its books when it spins off its rig business this month, but it probably won’t have any more silver bullets as it works to restore its balance sheet, analysts said Tuesday. More »
Berkshire Hathaway Inc., which has struck deals to expand its utility business in Nevada and Western Canada, plans more investment in the industry, in part by betting on renewable power, Chairman Warren Buffett said. More »
North American refiners banked an extra $6 per barrel of oil processed compared to their European counterparts in the first quarter of 2014, continuing a three-year streak of significantly higher profits, according to a U.S. Energy Information Administration analysis of 26 companies. More »
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