Alabama Power

St. Petersburg International Economic Forum

Bad news for Gazprom: sources say that Russia is going to break the gas giant’s monopoly on LNG exports. “[State-controlled oil giant] Rosneft signed an agreeement with ExxonMobil to develop a LNG project in Russia’s Far East. [Independent gas producer] Novatek clinched a deal with CNPC for a joint development of the Yamal LNG project.” [Natural Gas Europe] Bad news for… Keep reading →

If electricity use is any sign, the American economy is slowly recovering, says CEO of massive generating firm Southern Company Thomas Fanning.

The process though won’t happen overnight, he said. Keep reading →