Energy

Canada M&A hits decade-high as international oil companies dump their oilsands assets

Most oil companies believe the oilsands take too much time, effort and can be better managed by people who are closer to the assets, for example, in Calgary, says one analyst

Some companies want to raise $80 million to improve Wyoming coal. But who are they?

A newly formed company is raising money for a large plant designed to make Wyoming coal burn hotter and thus more valuable to sell. But it is unclear who exactly is betting on coal’s future.

Balance of Power: Trump’s Travel Ban Headache

A presidency long on tweets and short on wins scored one of its biggest victories yet, when the Supreme Court said yesterday that much of Donald Trump’s ban on travel by people from six predominantly Muslim nations can take...

Trump says US on brink of become net exporter of energy

With U.S. exports of oil and natural gas surging, President Donald Trump says the U.S. is on the brink of becoming a net exporter of oil, gas and other resources.

Tony Abbott trumpets conservative manifesto: 'We need to make Australia work again'

Former prime minister warns his successor he has no intention of fading out of public life and will continue to stand for conservative valuesTony Abbott has warned his successor he does not intend to quit public life, declaring...

Australia proposes rules to stabilize grid, avoid blackouts

15 hours ago

(Reuters) - Australia has released a raft of proposals designed to avoid cascading blackouts and stabilize the nation's power supply as it becomes increasingly dependent on variable wind and solar energy. The...

SCANA extends assessment of Toshiba's South Carolina nuclear plant

17 hours ago

WILMINGTON, Del. (Reuters) - SCANA Corp said on Monday it extended its assessment for six weeks of an unfinished U.S. nuclear power plant being built for the utility by a unit of Toshiba Corp, which is seeking to cut ties to the...

Oil and gas lease sale in Wyoming nets $2.6 million

Wyoming netted about $1.3 million from an oil and gas lease sale of federal land last week. Operators bidding in the relatively small auction Thursday paid a total of $2.6 million for Wyoming land, with about half of the proceeds…

Regulators suggest $7.5 billion coal gasifier facility give up, burn natural gas

21 hours ago

After years of delays and cost overruns, Southern Company’s plant may be a bust. A coal gasification plant in development in Mississippi is more than …

Most Australians want renewables to be primary energy source, survey finds

Climate Institute survey points to overwhelming frustration with government’s inaction and lack of leadership on clean energy The vast majority of Australians want to see the country dramatically increase the use of renewable...

US stocks move higher in early trading; oil rises

U.S. stock indexes moved higher in early trading Monday, led by gains in banks and other financial companies.

US coal mining surges in 2017 following last year's record decline

The United States, China and India, the world’s largest coal users, have increased coal mining this year by 6 percent following 2016’s record global decline.

Macron meets Schwarzenegger and vows to stop oil and gas licences

In a dig at Trump’s climate change inaction, French president welcomes the green campaigner and says there will be ‘no new exploration licences’The new French government has sought to further burnish its green credentials with...

California is generating so much solar energy, it's paying other states to take it

Massive investment coupled with falling prices has created a perfect renewable storm in the Golden State.

Tanzania presses on with hydroelectric dam on vast game reserve

Stiegler Gorge dam on the Selous park, a world heritage site listed as ‘in danger’, will cause irreversible damage, say conservationistsPlans to build a huge hydroelectric dam in the heart of one of Africa’s largest remaining...