Enron announced that it has reached an agreement to settle civil claims related to natural gas and electricity from 1997-2003, which include claims filed during proceedings of the Federal Energy Regulatory Commission (FERC).
Oil Prices Hover After Energy Report And Hurricane News
Oil prices hovered in the $60 range today, climbing to $61.10 briefly and then going back down to $60.30. Traders remain moody, eyeing the storm Emily moving into the Caribbean, as they wonder what the effects will be on the Gulf of Mexico.
Senate Passes Cleaner Energy Bill
The Senate passed an energy bill by large numbers yesterday to provide tax incentives to domestic energy companies in the hopes of encouraging oil and natural gas production. The bill also offers billions of dollars worth of incentive to expand renewable energy sources, nuclear power, and conservation.
1000 Managers Turned Their Plans Into Energy!
I bet you can’t tell me how leadership training and strategic planning work together to boost business results and energize performance improvements.
Oil Prices Spike Past $55 on Energy Report
Light sweet crude prices continued to skyrocket to the highest prices in weeks and closing in on the all time high of over $58 a barrel back in early April. The price in New York traded up to $55.40 after the Department of Energy released it’s weekly report this morning.
Buffet and Energy: Done Deal
MidAmerican Energy Holdings Company closed the deal with Scottish Power PLC to buy PacifiCorp for a cool $9.4 billion. The deal will tweak the power of 3 million electric and natural gas customers in 10 contiguous states and 6.6 million customers worldwide.
Alternative Energy That Doesnt Stink
Energy is in a crisis right now. Oil prices have been shooting off the charts for months now. Oil went over $58 a barrel earlier this month. It’s starting to drop but gasoline is still more then $2.20 a gallon at the pump.
Atomic Energy On the Table at UCLA
Remember the backpacks in the Ghostbusters movies? They had nuclear accelerators on their backs. UCLA scientist Seth Putterman may not be far off from with their new experiments being published in today’s issue of the science journal, Nature.
Valero Energy and Premcor Enter Merger
Valero Energy and Premcor have entered a merger agreement for Valero to acquire Premcor for $8 billion.
Westar Energy Settles Shareholder Suits
Westar Energy has reached an agreement in principle to settle pending shareholder securities class action and shareholder derivative lawsuits related to actions that occurred under former management.