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Duke Energy Buys Progress Energy In $13 Billion Deal

Duke Energy has agreed to provide families in North Caroline with bottled water after state testing found private wells near where the company stores coal waste contaminated with potentially toxic chemicals. “Over the last week, the state’s department of environment and natural resources mailed out 87 letters to residents who live near sites where Duke has stored… Keep reading →

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Western economic sanctions against Russian oil and energy interests are steadily playing out, this time affecting French oil major Total S.A.’s ability to finance part of the $27 billion Yamal liquefied natural gas (LNG) project in the Russian Arctic. Reports broke toward the end of last week that Total will seek as much as $15… Keep reading →

Seven Nuclear Power Plants Go Offline

U.S. Energy Secretary Ernest Moniz stated his department’s commitment to reopening the federal government’s underground nuclear waste repository in New Mexico.”Moniz made assurances to a U.S. Senate subcommittee during a hearing Wednesday in Washington, D.C. He says reopening the troubled facility would be done safety, with worker safety in mind. A container stored at the… Keep reading →

Renault Presents Cannes Film Festival Official Car 'Latitude'

Christophe de Margerie, CEO of major French oil company Total, was killed Monday night when his corporate jet crashed into a snow removal vehicle on the runway of an airport near Moscow. The company reportedly has no succession plant in place, but has strong corporate governance led by a long-standing board of directors. “Barclays France… Keep reading →

Neurath Power Plant Rated Germany's Biggest CO2 Emitter

Germany, the UK and Poland have the dirtiest coal plants in the EU, where the share of coal in power generation is currently around 25%. The IEA says EU coal-fired generation needs to be below 4% by 2035 to combat climate change. Germany exported a record amount of power in 2013 as it generated more… Keep reading →

Three Gorges Dam Project To Be Completed On May 20, 2006

The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance,… Keep reading →

Anti-fracking Protest Camp At Barton Moss

You can’t un-ring that bell, but Total CEO Christophe de Margerie laments the fact “hydraulic fracturing” became the widely accepted terminology for the controversial well completion technology. De Margerie’s dissatisfaction with the term appears to stem from a belief that it sounds overly complex and scares the general public. The French oil major’s chief made… Keep reading →

5 Million Dollars In Cash Displayed At Seminole Hard Rock Casino

Continental Resources’ Chariman and Chief Executive Harold Hamm will not lose his controlling interest in the company as a result of divorce proceedings, according to an Oklahoma District Court judge. Continental is one of the largest oil producers operating in the Bakken Shale and Hamm’s roughly 124 million shares in the company are estimated to… Keep reading →

Early Voting Begins In Iowa For Presidential Election

Many Americans lack knowledge on key energy issues, which could be problematic when they vote later this year for congressional representatives who will shape the country’s energy policies. “What is the solution to this ongoing problem of voters not having sufficient energy knowledge? It is information. Women and men need to understand both sides of the… Keep reading →

NASA Offers Tour Of Its Offshore Membrane Enclosure For Growing Algae (OMEGA) System

Sapphire Energy and refiner Phillips 66 – comprised of ConocoPhillips’ former refining assets – have announced a joint development agreement to commercialize Sapphire’s Green Crude, an algae-based crude oil. The two companies will expand Sapphire’s ongoing testing program to ensure that Green Crude can be processed in traditional refineries and meet Environmental Protection Agency standards under the… Keep reading →

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