energy

ND PSC approves selling renewable energy credits (AP)

AP – North Dakota regulators on Wednesday endorsed most of an Xcel Energy Inc. plan for selling its renewable energy credits and sharing the money with its electric customers in the state.

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ND PSC approves selling renewable energy credits
(AP)

energy

Gulf claims chief says no-sue rule was his idea (AP)

AP – The new administrator for damage claims from Gulf oil spill victims said Sunday it was his idea, not BP’s, to require that anyone who receives a final settlement from the $20 billion compensation fund give up the right to sue the oil giant.

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Gulf claims chief says no-sue rule was his idea
(AP)

energy

European equities slip on US economic woes (AFP)

AFP – European stocks fell on Friday despite takeover news in the energy sector as investors shunned risky assets after more weak US economic data dented confidence in the global recovery.

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European equities slip on US economic woes
(AFP)

energy

Xcel Energy unveils plan to cut plant emissions (AP)

AP – Xcel Energy is proposing to spend $1.3 billion to convert coal-fired power plants to natural gas and close a plant to comply with a new Colorado law aimed at cutting pollution from power plants.

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Xcel Energy unveils plan to cut plant emissions
(AP)

energy

McClatchy posts lower 2Q earnings (AP)

AP – Newspaper publisher McClatchy says its second-quarter net income dropped sharply from last year’s results that were boosted by a gain from debt restructuring.

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McClatchy posts lower 2Q earnings
(AP)

energy

Oil hovers near $77 on US economy, crude demand (AP)

AP – Oil prices hovered near $77 barrel Thursday in Asia amid signs of a slowing U.S. economy and weak demand for crude.

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Oil hovers near $77 on US economy, crude demand
(AP)

energy

Venezuela govt to nationalize 11 US-owned oil rigs (AFP)

AFP – Venezuela’s legislature has voted to nationalize 11 oil rigs owned by the US firm Helmerich & Payne.

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Venezuela govt to nationalize 11 US-owned oil rigs
(AFP)

energy

Judge in oil spill case sells energy stocks (AP)

AP – The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

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Judge in oil spill case sells energy stocks
(AP)

energy

US exec must clean up oil spill and BP’s image (AP)

AP – BP’s new strategy to clean up its image and the Gulf Coast is to hand the job from its British CEO, widely criticized for tone-deaf comments and yachting amid the crisis, to one of its top-ranking Americans.

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US exec must clean up oil spill and BP’s image
(AP)

energy

Nations rethink drilling in wake of BP oil spill (AP)

AP – Britain has doubled rig inspections. Bulgaria scrapped plans for a new oil pipeline. Chinese and French oil giants are upgrading equipment and procedures designed to prevent spills. As oil continues to gush into the Gulf of Mexico, nations around the globe are taking a cue from this cautionary tale and ratcheting up their oversight of the petroleum industry.

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Nations rethink drilling in wake of BP oil spill
(AP)

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