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The number of electric utility rate cases increased in 2018

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July 19, 2019 Source: U.S. Energy Information Administration, based on data from S&P Global Rate Case Database and the University of Texas, Austin Energy Institute In 2018, 89 utilities—or nearly half of all major U.S. electric utilities—tried to change electricity rates by filing rate cases with state regulatory commissions; this number was the largest number Read More

Exclusive: J.C. Penney taps debt restructuring advisers – sources

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(Reuters) – J.C. Penney Co Inc (JCP.N) has hired advisers to explore debt restructuring options that would buy more time for the money-losing U.S. retailer to forge a turnaround, people familiar with the matter said on Thursday. FILE PHOTO: A J.C. Penney Company Inc. store is pictured at a mall in Langhorne, Pennsylvania, U.S. November Read More

Cenovus to hold conference call and webcast on second-quarter 2019 results

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CALGARY, Alberta, July 18, 2019 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) will release its second-quarter results on Thursday, July 25, 2019. The news release will provide consolidated second-quarter operating and financial information. Financial statements will be available on Cenovus’s website, cenovus.com. A conference call and webcast to discuss the results will Read More

CrossAmerica Partners LP Maintains Quarterly Distribution

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Allentown, July 18, 2019 (GLOBE NEWSWIRE) — CrossAmerica Partners LP Maintains Quarterly Distribution Quarterly distribution of $0.5250 per unit attributable to the second quarter of 2019 ALLENTOWN, PA (July 18, 2019) – CrossAmerica Partners LP (NYSE: CAPL) announced today that the Board of Directors of its general partner has approved a quarterly distribution of $0.5250 Read More

ExxonMobil commits to joint development of open automation processes

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7/18/2019 HOUSTON – ExxonMobil said today it has signed collaboration agreements with six other companies to accelerate the development of Open Process Automation (OPA) systems. The companies currently included in this collaboration are Aramco Services Company, BASF, ConocoPhillips Company, The Dow Chemical Company, ExxonMobil Research and Engineering Company, Georgia-Pacific LLC and Linde PLC. Advances in Read More

BOEM announces region-wide lease sale for GOM

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7/18/2019 WASHINGTON – U.S. Secretary of the Interior David Bernhardt today announced that the Bureau of Ocean Energy Management (BOEM) will offer 77.8 million acres for a region-wide lease sale scheduled for Aug. 21, 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico. Lease Sale 253, scheduled Read More

Sunrun Solar and Battery Systems To Help Replace Retiring Oakland Power Plant

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SAN FRANCISCO, July 18, 2019 (GLOBE NEWSWIRE) — Sunrun, Inc. (Nasdaq:RUN), the nation’s leading residential solar, battery storage, and energy services company, was awarded a landmark contract on Wednesday evening by the East Bay Community Energy (EBCE) board of directors to help replace the retiring jet-fuel Oakland Power Plant in Oakland, California with home solar Read More

BHP adds three wells to successful Trinidad deepwater campaign

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7/17/2019 MELBOURNE – BHP announced the completion of phase three of its deepwater drilling campaign offshore Trinidad, discovering hydrocarbons in three new exploration wells in Q2 2019. In its operational review for the company’s fiscal year ended June 30, BHP states “This campaign included three wells – Bélé-1, Tuk-1 and Hi-Hat-1 – which have all Read More

World Court orders stay of execution from Pakistan in former Indian Navy commander espionage case

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The United Nations’ highest court, the International Court of Justice (ICJ), has voted in favor of a stay of execution for former Indian Navy commander Kulbhushan Sudhir Jadhav, who was convicted of espionage by Pakistan in 2017. The ICJ ordered Pakistan to review the death sentence handed down following Jadhav’s alleged espionage and sabotage, after Read More

SPI Energy Appoints Seasoned CPA, Anthony S. Chan, as its Chief Financial Officer

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HONG KONG and SANTA CLARA, Calif., July 17, 2019 (GLOBE NEWSWIRE) — SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (NASDAQ: SPI), a global provider of photovoltaic (“PV”) solutions for business, residential, government and utility customers and investors, today announced that the appointment of Mr. Anthony S. Chan as its Chief Financial Officer, effective Read More