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The U.S. is producing record amounts of natural gas, a fuel widely viewed as cleaner and preferable to coal for electric power generation. But building the infrastructure necessary to bring that fuel to market is increasingly difficult for the industry. (Read More)
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Oil prices have rallied lately, but not enough to persuade producers that a nearly year-old slump will end any time soon. Take Doug Suttles, the president and CEO of Alberta, Canada-based Encana Corp., who was in the midst of transforming his company from primarily natural gas production to oil production when oil prices began to plunge last June. (Read More)
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The collapse in oil prices has shaken up executives from oil and natural gas companies, large and small — among them, Charif Souki. (Read More)
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The announcement that the oil supermajor Royal Dutch Shell (RDS.A) plans to buy the British oil and gas producer BG Group (BRGYY) for $70 billion may mark the start of another round of consolidation in the global oil and gas industry. (Read More)
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Will U.S. electric utilities become obsolete some day? The idea may seem far-fetched given our reliance on massive systems of transmission lines and central power plants that deliver electricity to our homes and businesses. But with the rapid spread of solar panels on residential and business roofs across the country, and the potential for breakthroughs in microgrids, storage systems and other technologies, the business model for electric utilities is coming under scrutiny like never before. (Read More)
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The world’s biggest defense contractor is showing more interest in the energy business than ever before. (Read More)
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