Clean Power Plan case kicks off in DC Circuit
Does the Obama administration’s move to reduce carbon emissions from power plants represent a “transformative” shift for the industry or just another air pollution control? What is the difference between forcing a power plant to...
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Market Currents: Iran battles for market share in Asia
As the euro tumbles and optimism wanes from Algiers, oil prices are charging lower ahead of a likely build to crude inventories in tomorrow’s weekly inventory report. Hark, here are five things to consider in...
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DTE, Rice Energy doubling down on eastern shale gas
DTE Energy Co. and Rice Energy Inc. are the latest energy companies to make billion-dollar bets on the natural gas-rich shale formations of the eastern U.S. DTE agreed on Monday to buy natural gas pipeline...
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Weatherford to pay $140 million fine to settle allegations of accounting fraud
The SEC alleged that Weatherford fraudulently lowered its income tax provisions by $100 million to $154 million each year to better match its earlier projections and analysts’ expectations. The fraud created the false perception that...
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Texas AG: Obama’s clean power plan will “raise rates and reduce liability”
Texas Attorney General Ken Paxton warned Monday that the Obama administration’s new rules reducing carbon emissions from power plants would hurt the Texas grid. “This rule will inevitably raise rates and reduce liability for everyone,”...
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