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NC regulator OKs Duke Energy-Piedmont Natural Gas merger

Duke Energy, pollution, divestment

CHARLOTTE, N.C. (AP) — North Carolina regulators are allowing Duke Energy to expand from being the country’s largest electricity company to selling natural gas. Duke Energy Corp. said in a statement Thursday that the North Carolina Utilities Commission has allowed its acquisition of Piedmont Natural Gas Co. The regulatory approval is the last needed for the deal. The transaction is ...

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Company settles with feds over renewable fuel violation

Moneys

SAN FRANCISCO (AP) — A company has agreed to pay $27 million in a settlement over violations of biofuel exports. The U.S. Justice Department and Environmental Protection Agency on Thursday announced the settlement with Chemoil, which sells renewable fuel, diesel and oil products from San Francisco. The civil penalty is the largest under the EPA’s fuels program. The agencies said ...

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US Justice Department investigating Chesapeake Energy

A building at the Chesapeake Energy Corp. headquarters lights up for Christmas in Oklahoma City. (Image: Kool Cats Photography via Flickr)

OKLAHOMA CITY (AP) — The U.S. Department of Justice has opened an investigation into possible antitrust violations by Chesapeake Energy Corp. The Journal Record reports (http://bit.ly/2dwWCJ5 ) the agency has subpoenaed documents related to how the driller pays royalty owners and accounts for oil and gas reserves. Chesapeake disclosed the subpoena Thursday in a regulatory filing with the U.S. Securities ...

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SEC: Weatherford International oil firm to pay $140M fine

tax fraud, Weatherford International

HOUSTON (AP) — Oilfield-services company Weatherford International PLC has agreed to pay a $140 million fine to settle government claims that it used fraudulent tax accounting to inflate its earnings. The Securities and Exchange Commission announced the settlement Tuesday with Weatherford, which is based in Switzerland and has major operations in Houston. According to a settlement order, Weatherford issued financial ...

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North Dakota asks pipeline company to explain ranch purchase

cannonball-ranch

BISMARCK, N.D. (AP) — North Dakota Attorney General Wayne Stenehjem is asking the developer of the four-state Dakota Access oil pipeline to explain its purchase of a ranch where a protest turned violent earlier this month. Texas-based Energy Transfer Partners recently purchased the 7,000-acre ranch last week for an undisclosed price. Stenehjem is giving the company 30 days to say ...

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Vattenfall gets EU green light to sell German coal assets

Wyoming coal

BERLIN (AP) — Energy company Vattenfall AB says it has received approval from the European Commission to sell its loss-making coal assets in Germany. The Swedish state-owned company said Thursday that it expects the transfer to Czech energy company EPH and private equity group PPF Investments to be completed in the coming weeks. The assets include four active mines and ...

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No new coal? Objections to Wyoming coal mine to be heard

Coal Mining in Wyoming. Photo: US Department of Interior.

CHEYENNE, Wyo. (AP) — A state regulatory board plans to consider whether Wyoming’s first major new coal mine in decades should proceed despite the objections of two landowners. A subsidiary of Lexington, Kentucky-based Ramaco seeks to develop the Brook Mine north of Sheridan. The Wyoming Environmental Quality Council on Wednesday will discuss a possible order allowing Brook Mining Company to ...

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No diesels need apply: Electric cars rule at Paris show

electric cars, Paris auto show

FRANKFURT, Germany (AP) — Carmakers are finding the Paris auto show , held in a city whose mayor wants to ban diesels to reduce pollution, to be a fine place to show off new zero-emission electric vehicles. Most prominently, Volkswagen will unveil a new small electric car as part of its pivot from diesel to more electric models as it ...

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Cheers and jeers: Americans tune into Trump-Clinton debate

clinton, trump, debate

LAS VEGAS (AP) — From senior centers to college campuses and bars featuring campaign-themed cocktails, Americans laughed, cheered and jeered through the first debate between Hillary Clinton and Donald Trump. Viewers tuned in Monday on their TVs, cellphones and radios to watch and listen to the showdown between the two major presidential candidates. Here are some of the scenes across ...

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