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1 HOUR AGO - San Francisco Chronicle

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Vegas-area coal plant owners to pay $4.3M to settle lawsuit

LAS VEGAS (AP) — Operators of a coal-fired power plant outside Las Vegas are agreeing to pay $4.3 million to settle a lawsuit and clean up contamination that neighboring Native Americans blame for health problems and water pollution. NV Energy and the California Department of Water Resources don't admit liability or wrongdoing in the proposed settlement involving the Reid Gardner ...

Tags: Vegas-area coal plant owners to pay $4.3M to settle lawsuit,  Energy Latest News

2 HOURS AGO - San Francisco Chronicle

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Senate panel passes bill lifting crude oil export ban

WASHINGTON (AP) — A Senate panel has approved energy legislation that would lift the 40-year-old ban on crude oil exports and open some areas of the Outer Continental Shelf to oil and gas exploration. Republican Lisa Murkowski of Alaska, chairman of the panel, championed the plan to lift the restrictions. It passed by a party-line vote of 12-10. Murkowski said ...

Tags: Senate panel passes bill lifting crude oil export ban,  Energy Latest News

2 HOURS AGO - San Francisco Chronicle

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Egypt, Saudi Arabia aim to enhance cooperation

CAIRO (AP) — Egypt and Saudi Arabia say they aim to boost military, economic, and social ties and pursue their common interests. In a statement released after a meeting between President Abdel-Fattah el-Sissi and Saudi Defense Minister and Deputy Crown Prince Mohammed bin Salman on Thursday, el-Sissi's office says the two leaders also will work to create a joint Arab ...

Tags: Egypt, Saudi Arabia aim to enhance cooperation,  Energy Latest News

4 HOURS AGO - Forbes

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Street Braces For Exxon, Chevron Results As Energy Industry Shrinks -- Upside Surprise?

There’s little question that when Exxon Mobil (XOM) and Chevron (CVX) report earnings before the market opens Friday they won’t be pretty. The 45% falloff in oil prices has sucked producers’ sales and profits, and has led to a massive pullback in production throughout the energy industry amid a global [...]

Tags: Street Braces For Exxon, Chevron Results As Energy Industry Shrinks -- Upside Surprise?,  Energy Latest News

4 HOURS AGO - San Francisco Chronicle

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Texas energy grid operator urges conservation on hot days

AUSTIN, Texas (AP) — The grid operator for Texas has urged conservation during peak electric demand hours of the hot summer. The Electric Reliability Council of Texas asked consumers to limit or reduce power usage from 3-7 p.m. Thursday. ERCOT officials in Austin say usage Wednesday surpassed 67,000 megawatts for the first time since 2011. Demand for the day peaked ...

Tags: Texas energy grid operator urges conservation on hot days,  Energy Latest News