U.S. nuclear agency plans safety review of reactors

The top U.S. nuclear regulator on Wednesday approved the launch of a safety review of U.S. nuclear reactors sought by President Barack Obama in response to the ongoing crisis at Japan’s Fukushima plant. The Nuclear Regulatory Commission voted to create an agency task force made up of current and former commission experts that will review the information... 

Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered... 

Beaver Valley Unit 2 Begins Refueling

FirstEnergy Nuclear Operating Company announced its Beaver Valley Power Station Unit 2 in Shippingport, Pa., shut down earlier today for scheduled refueling and maintenance. While the unit is off line, 64 of the 157 fuel assemblies will be replaced and numerous safety inspections will be conducted. In addition, preventative maintenance to ensure continued... 

USEC to Webcast Conference Call on February 23 at 8:30 a.m. ET

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, February 23, 2011, at 8:30 a.m. ET. The Company will release its earnings for the fourth quarter and full year 2010, which ended December 31, 2010, on Tuesday, February 22 after the close of markets. The regularly... 

U.S. Leads Ranking of Top 25 Countries for Global Biofuels Production Capacity

The U.S. concluded 2010 as the top renewable ethanol producing country, according to the Global Biofuels Outlook to 2020, recently released from Hart Energy Consulting’s Global Biofuels Center (GBC). With more than 51 billion liters (13.47 billion gallons) of ethanol production capacity in operation, the U.S. is by far the leader, with South America’s... 

Progress Energy CEO Johnson Urges Flexibility and Customer Protection in Implementing EPA Rules

The U.S. electric utility industry faces an “unprecedented convergence of new federal environmental rules – unprecedented in scope of change and compression of deadlines,” Progress Energy Chairman, President and CEO Bill Johnson told utility regulators Monday in Washington. And the “current fragmented approach, coupled with rapid-compliance... 

Alpha agrees to buy Massey Energy for about $7.1 billion

Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year. The deal — the latest in a wave of consolidation sweeping the industry — creates the second largest U.S. coal miner by market value, holding 110 mines and combined coal reserves of... 

Alpha close to $7 billion Massey deal: sources

Alpha Natural Resources is close to a $7 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year, sources familiar with the matter said on Friday. One of the sources said Massey shareholders will receive slightly more than one Alpha share for each Massey share in addition to $10 per share in cash, for a value... 

Reportlinker Adds Global LNG Market Trends, Outlook and Business Prospects to 2015

Reportlinker.com announces that a new market research report is available in its catalogue: Global LNG Market Trends, Outlook and Business Prospects to 2015 http://www.reportlinker.com/p0366585/Global-LNG-Market-Trends-Outlook-and-Business-Prospects-to-2015.html Report Description Global LNG industry is in a state of flux. The industry is poised to... 

OriginOil Lands First Order for Industrial Scale Algae Oil Extraction System

OriginOil, Inc. the developer of breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced it has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil...