Energy News

The Toronto stock market maintained a solid advance late Thursday morning in a broad-based upturn led by the financial sector as investors took in earnings reports from three of the big Canadian banks.

The director of the Duck River Agency says the region could be headed for another serious water shortage.

Connecticut Attorney General Richard Blumenthal is challenging a request by New England's electricity grid operator for nearly $100 million in salaries, executive compensation, lobbying and other costs.

France's state-controlled power company challenged a proposed takeover by Warren Buffett of Constellation Energy on Wednesday, putting up almost as much money for half its nuclear business as the legendary ...

Stocks fell on Thursday as a sharp drop in oil prices bogged down the energy sector, including Exxon Mobil , overshadowing solid sales reported by world No.

Pipeline operator Enbridge Inc. said Wednesday that 2009 earnings will be higher than the company previously anticipated and the company is bumping up its quarterly dividend by 12 per cent.

COLUMBUS - Columbia Gas of Ohio received unanimous approval Wednesday from the Public Utilities Commission of Ohio on an agreement that allows for a rate increase on delivery of gas.

Oil fell below $46 a barrel to its lowest in nearly four years on Thursday, extending four consecutive days of declines in response to the bleak outlook for the world economy and oil demand.

Oil prices rose slightly Wednesday but remained near three-year lows as investors tried to gauge how much the slowdown in U.S. and Chinese economies will hurt demand for crude.

Nippon Oil Corp. , Japana s largest refiner, and Nippon Mining Holdings Inc. are considering a merger that would create a company with almost 12 trillion yen in annual sales.

RCMP say they would like to speak to the eight people who were in the Dawson Creek Shoppers Drug Mart on Oct.

Russian oil company Sibir Energy has unveiled a $340m plan to buy hotels and distressed land projects off one of its key shareholders in a move described by some in the investment community as a "first-class ...

The nation's two largest coal companies and one of the largest coal-burning utilities agreed to give Washington University $12 million over five years to help make the St.

PARIS Electricite de France SA said Wednesday it's offering $4.5 billion to buy half of the nuclear power business of U.S. wholesale power generator Constellation Energy.

Oil prices dipped again Tuesday and gas prices hit their lowest levels since January 2005 with the United States officially in a recession.

Mississippi Attorney General Jim Hood filed a fraud and antitrust lawsuit against Entergy Corp.

An artist's rendering of Florida Power & Light's planned combined-cycle solar and natural gas power plant.

A fuel-rate adjustment approved today by Florida's Public Service Commission will save Florida Power & Light customers a paltry sum -- roughly $2 per 1,000 kilowatts -- on their electric bills this winter.

Utility officials said Monday the largest solar panel installation in the state has been completed - the first of some 150 solar projects planned for warehouse and factory roofs in Southern California.

China National Petroleum Corp. has won a bid to build a $3.29 billion pipeline in the United Arab Emirates, its largest overseas construction project so far, the official Xinhua News Agency reported Monday.

The deal, signed Sunday in the Emirates' capital of Abu Dhabi, calls for state-owned CNPC to build a 400 kilometer- (250 mile-) pipeline to Fujairah port from an oilfield in the western part of the country, Xinhua said.

It said the pipeline would have a maximum capacity of 1.8 million barrels of crude oil per day and was due to begin operations in 2010.