Energy News

Energy news continually updated from thousands of sources around the net.
  1. The National Energy Board says it will consider a jurisdictional challenge of a pipeline approval that is a key component in a recently sanctioned $40-billion liquefied natural gas export facility in British Columbia. The federal regulator says it will accept submissions until next Monday from challenger Mike Sawyer, the provincial and federal governments, and other parties on whether the 670-kilometre pipeline should be considered a federal project.

  2. New York, a city of soaring towers and ever-changing shadows, has designs on something that requires open skies: solar power. But building solar isn't easy in the Big Apple.

  3. The S&P 500 and Dow Jones Industrial Average traded slightly lower on Monday, as early gains tracking a rally in China market faded with oil and financial stocks pushing the indexes lower. Traders work on the floor of the New York Stock Exchange in New York, U.S., October 22, 2018.

  4. Shares of oilfield services provider Halliburton Co fell on Monday after the company warned that fourth-quarter earnings would come in below analysts forecasts amid ongoing weakness in the North American hydraulic fracturing market. FILE PHOTO: Oil production equipment is seen in a Halliburton yard in Williston, North Dakota, U.S., April 30, 2016.

  5. MERIAN GLOBAL INVESTORS UK Ltd lessened its holdings in Devon Energy Corp by 12.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,500 shares of the energy company's stock after selling 3,700 shares during the quarter.

  6. First Interstate Bank boosted its position in shares of Exxon Mobil Co. by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission .

  7. LeJeune Puetz Investment Counsel LLC trimmed its stake in shares of Exxon Mobil Co. by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission.

  8. OrbisEnergy tenant ScottishPower has become the first integrated energy company in the UK to shift completely from coal and gas generation to wind power, after completing the sale of its traditional generation business to Drax for GBP 702 million. Ignacio GalA n, Chairman and Chief Executive of Iberdrola, said: "Energy companies must be part of the solution to climate change.

  9. NuStar Energy and Enbridge are both oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, risk, institutional ownership, valuation, dividends and profitability. 46.5% of NuStar Energy shares are owned by institutional investors.

  10. John Arnold has put $100 million into fixing what he calls a noncompetitive health market with arbitrary and nontransparent pricing HOUSTON-Billionaire John D. Arnold is spending a chunk of his fortune on a mission to cut America's health-care bill. The drug industry is spending a chunk of its fortune to stop him.

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