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Updated: 42 min 27 sec ago
Power companies to appeal FutureGen financing plan
Power suppliers including Commonwealth Edison are challenging a state-approved plan to help finance the $1.6 billion FutureGen clean-coal project by charging Illinois electricity customers, saying regulators ...
Conoco CEO says Canada deal landscape is changed
(Reuters) - ConocoPhillips , which has been looking to sell down its interest in Canada's oil sands said that moves by Ottawa to limit foreign investment in that country's resources have made it more difficult for some buyers, the chief executive said Thursday. In December, Canada put in place new rules limiting control of its oil sands by foreign state-owned companies who would like to own more than a minority stake in a project. ...
Energy policy shifting as abundance replaces scarcity: Obama adviser
WASHINGTON (Reuters) - As U.S. oil and natural gas production booms, the Obama administration's energy policy has been "fluid" by necessity to adapt to the huge economic opportunities and climate challenges posed by growth, the top White House energy and climate adviser said on Wednesday. In a speech to a room packed with energy analysts and lobbyists, Obama adviser Heather Zichal acknowledged that U.S. energy policy "might not look perfectly pretty from the outside" as it evolves to shifting supply-and-demand scenarios. ...
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