California drought could reduce the share of hydropower in the state
California could witness lower contribution from hydro-power towards its energy needs as the state enters fourth year of drought.
Number of Oil Rigs Drilling in US Witnesses Decline
A recent survey carried out by an oil services firm Baker Hughes showed that the number of rigs drilling for oil in the United States has continuously declined this week.
Pipeline boom continues across the country even as politicians fight over Keystone XL Pipeline Project
Keystone XL pipeline project has been waiting for approval and politicians have been arguing over the environmental impact of the pipeline.
Crude touches six year low on Monday
The West Texas Intermediate touched six year low at $43.57 per barrel. The crude prices bounced back slightly to $44.32.
Duke Energy Progress fined $25.1 million for coal ash contamination
Duke Energy Progress has been ordered to pay $25.1 million in as fine due to coal ash contamination at a plant near Wilmington, North Carolina.
Exxon Mobil Plans to deal with Lower Price Environment
Over the last six months, Crude oil prices have come down drastically, leaving the management of most of the energy companies in tough situation.
Google to invest $300 million to Help SolarCity Install Solar Panels on 25,000 Homes
On Thursday, Google announced its partnership with SolarCity. In the partnership, Google will invest $300 million and SolarCity will install solar panels on the roofs of 25,000 homes.
Shale Producer EOG Resources will reduce production to deal with oil price decline
Shale producer EOG Resources announced that the company management has decided to keep the supplies low considering the lower price and lower demand in the market.
