Four oil traders are claiming in a lawsuit that they can prove that BP, Statoil and Shell conspired with Morgan Stanley and trading firms such as Vitol to manipulate Brent crude prices. The traders say that the three oil companies placed orders to move markets, rather than buy crude. “Platts’ methodology ‘can be easily gamed… Keep reading →
Add Spain to the list of countries that have offshore wind power before the United States. And on this one the U.S. really missed an opportunity. (That’s right, cool though it is, I have decided not to count that scaled-down 20-kilowatt floating turbine demo off Maine as establishment of U.S. offshore wind power.) This is the real thing… Keep reading →
By Scott Cohn What a difference a few years make. When we launched America’s Top States for Business in 2007—before the housing market implosion and the financial crisis—our Top States were attracting not only businesses but people: families and home buyers. Four of our Top Five that year were Southern states: Virginia followed by Texas, Utah,… Keep reading →
The Offshore Energy and Jobs Act introduces reforms to revive offshore drilling, including a new five-year leasing plan aimed to expand drilling in the Atlantic and Pacific coastal regions. On May 30, 2013, House Natural Resources Committee Chairman Doc Hastings (R-Wash.) introduced a bill to expand offshore drilling to the Atlantic and Pacific coasts by… Keep reading →
The Virginia Department of Corrections (VDOC) and the Department of Correctional Education will give prisoners the opportunity to get valuable job training in energy efficiency through its Green Heating Ventilation and Air Conditioning (HVAC) Vocational Program.
Located at the Indian Creek Correctional Center in Chesapeake, Virginia, the program is designed to provide prisoners with the education and experience they will need to enter careers in energy efficiency when they are released. Keep reading →
Wood will fuel electricity for homes and businesses in Virginia if Dominion Power receives a final green light on converting three power stations in the state from coal to biomass.
Utility executives appeared confident in the projects’ appeal for regulators as they signed an agreement with biomass fuel producer Enviva to provide woody biomass fuel to two of the power plants. Both plants, one located in Southampton and the other in Hopewell, Virginia, are set to convert from 63MW coal-fired facilities to 50MW biomass-fueled plants under current plans. Keep reading →
