Exxon Mobil Corp. (XOM) is developing an excavation and removal plan for a damaged section of its 96,000 barrel-a-day Pegasus crude pipeline, which was shut after a leak was discovered in Arkansas on March 29. More »
Japan’s Cabinet has approved a proposal to revamp its troubled electricity industry and foster more competition by obliging utilities to split power generation and distribution into separate businesses. More »
Videos and pictures of diluted bitumen spilled from an Exxon Mobil pipeline in Mayflower, Ark., are stoking new fears about Keystone XL, as the Obama administration nears a decision on authorizing the $7 billion project. More »
A heavily traveled bridge that links Maine and New Hampshire was closed to traffic Monday after an oil tanker broke loose from a pier and struck the span, but there was no sign of a spill and no reports of injuries, officials said. More »
Direct Energy today launched the latest offer in what has become an increasingly competitive and gimmicky electricity market, including Reliant Energy’s “sweet deal” donut ad voiced by Matthew McConaughey. More »
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