Tuesday, June 2, 2009

Keyword News: ["energy"]

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Tuesday, June 02, 2009 2:45 PM PDT

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Legislature Ends Special Session by Passing Laws on Energy, Education
The Charleston State Journal Tue, 02 Jun 2009 14:44 PM PDT
Lawmakers passed 13 largely uncontested bills during the first special session of the year.

Emerging-Market Stocks Fall for First Time in Week as Oil Drops
Bloomberg Tue, 02 Jun 2009 14:43 PM PDT
June 2 (Bloomberg) -- Emerging-market stocks fell for the first time in a week, led by financial and energy companies, after Goldman Sachs Group Inc. sold a stake in Industrial & Commercial Bank of China Ltd.

PSC approves Detroit Edison Co.s renewable energy surcharge
Crain's Detroit Business Tue, 02 Jun 2009 14:42 PM PDT
State regulators have approved a modified version of the Detroit Edison Co.s proposals to assess customer surcharges to pay for its initiatives involving renewable energy and energy savings.

NRG Energy, Inc. Prices Public Offering of $700 Million of 8.50% Senior Notes
Business Wire via Yahoo! Finance Tue, 02 Jun 2009 14:41 PM PDT
PRINCETON, N.J.----NRG Energy has priced its public offering, launched this morning, of $700 million of senior notes due June 15, 2019 with a coupon of 8.50%. The senior notes were issued at a discount resulting in a yield of 8.750%.

Outlook roundup: Valero Energy, Aetna
AP via Yahoo! Finance Tue, 02 Jun 2009 14:39 PM PDT
Valero Energy Corp. said it expects to post a second-quarter loss, and also announced plans to sell more than 40 million common shares in a public offering.

Energy-saving programs awarded
Norton Mirror Tue, 02 Jun 2009 14:39 PM PDT
Norton public schools received an Energy Education Award from Energy Education, Inc., a national company that helps public school districts conserve energy.

City awaits energy boost
San Fernando Valley Business Journal Tue, 02 Jun 2009 14:37 PM PDT
GLENDALE รข€" Local energy-conservation programs could soon get a major boost from the U.S. Department of Energy, which has allocated more than $1.88 million in federal stimulus money for building retrofits and public education efforts in Glendale.

Michigan regulators OK Detroit Edison surcharges
AP via Yahoo! Finance Tue, 02 Jun 2009 14:35 PM PDT
Michigan regulators have approved a plan to add fees to Detroit Edison Co.'s monthly energy bills so the utility can meet new renewable power and energy-efficiency requirements.

Sichuan Tengzhong to buy GM's Hummer brand
KIMT Mason City Tue, 02 Jun 2009 14:35 PM PDT
DETROIT (AP) - China's Sichuan Tengzhong Heavy Industrial Machinery says it plans to buy General Motors' Hummer brand for an undisclosed sum. Tengzhong is a privately held maker of road, construction and energy industry equipment based in the Chinese province of Sichuan.

Aurora seeks another power price increase
Examiner.com.au Tue, 02 Jun 2009 14:34 PM PDT
AURORA Energy yesterday confirmed it was seeking Tasmanian electricity price increases of up to 7 per cent for residential customers and 15 per cent for businesses from July 1.




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