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News & Updates

August 10, 2012 Japan seeks to lessen nuclear energy use

Source: SF Chronicle

Tokyo -- Japanese officials pledged to seek a society less reliant on nuclear energy as the country marked the 67th anniversary of the atomic bombing of Nagasaki on Thursday. Read more:...

August 10, 2012 Energy CEO compensation set to slow

Source: Houston Business Journal

Whether investors think CEO’s have been overpaid or underpaid during the shale revolution, Houston’s top energy executives may pocket less cash in 2012 than they did last year as commodity prices lower the boom.

August 10, 2012 US biofuel production should be suspended, UN says

Source: BBC

The United Nations (UN) food agency has called on the United States to suspend its production of biofuel ethanol. Under US law, 40% of the harvest must be used to make biofuel, a quota which the UN says could contribute to a food...

August 10, 2012 Rio+20 Aimed for “Sustainable Energy for All”

Source: National Geographic

The UN’s Sustainable Energy for All initiative aims to drive economic development, improve living conditions, and protect the planet by meeting growing energy demands with renewable, environmentally responsible sources. Will...

August 10, 2012 Higher gas prices expected after refinery fire

Source: Denver Post

Meanwhile, the same U.S. Chemical Safety Board team that investigated the oil spill in the Gulf Of Mexico was standing by with state and company inspectors waiting for structural and environmental tests to see if it was safe to...

August 10, 2012 State among worst polluters, even as emissions drop

Source: Greenvilleonline

South Carolina again ranks among the nation’s worst in air pollution that for years has billowed from coal-powered electricity plants facing increasing pressure from the federal government to clean up their act — or close...

August 9, 2012 Chevron avoids refinery safety accountability with jigsaw puzzle of agencies

Source: Examiner

On Monday evening a small leak at the Chevron refinery in Richmond CA quickly escalated into a fire and explosion. The fire sent a cloud of black smoke and noxious fumes into the air, with residents being forced to "shelter in...

August 9, 2012 Duke Energy shareholder sues to recover ex-CEO’s $44.5M exit deal

Source: Biz Journal

A Duke Energy shareholder has filed a lawsuit on the company’s behalf complaining that the “excessive and unwarranted compensation” paid to former ousted Chief Executive Bill Johnson in a severance package valued at nearly $44.5...

August 9, 2012 Oil steadies at $112 after disappointing China data

Source: Reuters

Oil prices steadied around $112 a barrel on Thursday as sobering production and consumption data from China weighed on the demand outlook, but prices remained elevated due to supply disruptions in the Gulf of Mexico and lower...

August 8, 2012 Duke Energy submits 1,900 pages of emails in CEO firing probe

Source: McClatchy.com

RALEIGH, N.C. — Duke Energy turned over nearly 1,900 pages of internal corporate records to state officials Tuesday in what is expected to be the Charlotte, N.C.-based power company's first of several responses to an...

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