Southern Company, America’s third largest utility owner and natural-gas distributor AGL Resources announced a merger agreement on Monday with an enterprise value of $12 billion and a total equity value of $8 billion. The deal, which is expected to close in the latter half of 2016, would make Southern Co. the second largest electric and natural gas …
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President Obama recently announced the most far-reaching regulation for the energy sector in the history of the United States. The new Environmental Protection Agency (EPA) clean power rule set the first-ever carbon emission ceiling for power plants. This federal limit will impact the industry at virtually every level from the miners to the consumers and …
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Emergency repairs and ongoing delays have become a commonality for East Coast railway commuters For example, the New Jersey Transit system recently displaced thousands of commuters, attributing the delay to electrical power difficulties according to The New York Times. Rail repairs in Maryland due to leaks from winter soil erosion and several instances of a stalled …
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WASHINGTON — More can be done to boost the safety of moving oil by rail by focusing on the tracks themselves, according to a white paper released Thursday by a group promoting infrastructure investments. New rules requiring more resilient tank cars are an important step, said the Alliance for Innovation and Infrastructure, but regulators, railroads …
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Transporting crude oil and other energy products by rail would be far safer if regulators, the rail industry and other stakeholders focused on keeping the cars on the tracks instead of responding to derailments, a new report from an infrastructure policy group argues. The Alliance for Innovation and Infrastructure, in a white paper released Thursday, …
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Last week, Greenpeace activists succeeded in temporarily halting Shell’s icebreaker, MSV Fennica, from starting its voyage out of Portland, Oregon. The vessel was to join the rest of the fleet on its way to the Artic to begin oil exploration. In defiance of a federal court injunction to halt river traffic, 13 Greenpeace activists hung …
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