Ofgem orders energy companies to cut bills
Independent Mon, 23 Mar 2009 18:35 PM PDT
Energy bills are set to fall for up to 10 million households after Ofgem demanded the Big Six suppliers end "unjustified pricing" for electricity and gas. The regulator said yesterday that the energy industry would have to justify all above-average charges on the basis of their costs, which should lower prices for prepayment and electricity customers. |
Obama links budget to environment
The World Mon, 23 Mar 2009 18:34 PM PDT
WASHINGTON (AP) - President Barack Obama's aides say the administration will work with Congress on his budget proposal, but energy independence is not subject to wheeling and dealing. |
Markets take shine to merger
Global TV Calgary Mon, 23 Mar 2009 18:34 PM PDT
CALGARY - Suncor Energy Inc.'s $18.4-billion merger with Petro-Canada likely won't be the only big transaction in the oil and gas sector this year, observers say, although the outlook depends on the commodity price and the parties involved. |
Energy efficiency pervades Mass. stimulus spending
The Beacon-Villager Mon, 23 Mar 2009 18:30 PM PDT
Grappling with amorphous expectations for the $787 billion federal stimulus law, top Patrick administration officials said Monday they intend to weave energy efficiency measures into nearly all aspects of industry, from patching leaky underground storage tanks to retraining low-income workers to monitor the energy efficiency of homes. |
ARIZONA ASSOCIATION FOR ECONOMIC DEVELOPMENT TO HOST APRIL NETWORKING LUNCHEON
dBusinessNews.com Mon, 23 Mar 2009 18:15 PM PDT
The Arizona Association for Economic Development (AAED) will host its April luncheon, “Cap ‘N’ Trade: A Renewable and Low Carbon Energy Future†on Tuesday, April 7 from 11:30 a.m. to 1:15 p.m. at the Phoenix Airport Marriott, located at 1101 N. 44th St. in Phoenix. |
11 a.m. â€" GPA board to discuss emergency fuel surcharge filing
Pacific Daily News Mon, 23 Mar 2009 18:15 PM PDT
An emergency Levelized Energy Adjustment Clause, or LEAC, filing is on the agenda for today's Guam Power Authority board meeting. The clause, commonly called a fuel surcharge, makes up half or more of each power bill. |
(AFX UK Focus) 2009-03-24 00:43 Smith International says cut 10 pct of workforce
Interactive Investor Mon, 23 Mar 2009 18:12 PM PDT
NEW ORLEANS, March 23 (Reuters) - Oilfield services company Smith International Inc said on Monday it had cut about 10 percent of its workforce in response to the recent sharp downturn in drilling activity. Chief Financial Officer Margaret Dorman told the Howard Weil Energy Conference in New Orleans that the cuts fell heavier on the North American market than other parts of the world, and that ... |
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