Latest Utilities News
Biden EPA to charge first-ever ‘methane fee’ for emissions waste by oil and gas companies
WASHINGTON (AP) — Oil and natural gas companies for the first time will have to pay a federal fee if they emit dangerous methane above certain levels under a final rule announced Tuesday by the Biden administration. The Environmental Protection Agency rule follows through on a...
Czech power company CEZ reports $984 million in profit in first three quarters of 2024
PRAGUE (AP) — The Czech power company CEZ on Tuesday reported net profit of 23.4 billion Czech crowns ($984 million) in the first three quarters of the year, 6.4 billion lower than the same period last year. CEZ attributed the 27.3% decline to lower earnings in trading and mining....
Arizona regulators fine natural gas utility $2 million over defective piping
PHOENIX (AP) — A natural gas utility with more than 2 million customers in Arizona, Nevada and parts of California is being fined $2 million by regulators in Arizona over concerns about piping that is known to degrade in the heat. The Arizona Corporation Commission announced Friday...
Con Ed: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Consolidated Edison Inc. (ED) on Thursday reported third-quarter earnings of $588 million. The New York-based company said it had net income of $1.69 per share. Earnings, adjusted for non-recurring gains, were $1.68 per share. The...
Paranaense de Energia: Q3 Earnings Snapshot
CURITIBA, Brazil (AP) — CURITIBA, Brazil (AP) — Companhia Paranaense de Energia (ELP) on Wednesday reported profit of $219.5 million in its third quarter. The Curitiba, Brazil-based company said it had profit of 7 cents per share. The power company posted revenue...
Fortis: Q3 Earnings Snapshot
ST. JOHN`S, Newfoundland (AP) — ST. JOHN`S, Newfoundland (AP) — Fortis Inc. (FTS) on Tuesday reported third-quarter earnings of $307.9 million. The St. john`S, Newfoundland-based company said it had net income of 62 cents per share. The results surpassed Wall...
Par Petroleum: Q3 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Monday reported profit of $7.5 million in its third quarter. On a per-share basis, the Houston-based company said it had profit of 13 cents. Losses, adjusted for non-recurring gains, were 10 cents per share. ...
London protesters demand water companies clean up sewage-tainted rivers
LONDON (AP) — Holding signs with slogans including “stop the plop” and “species not feces,” thousands of people marched in London on Sunday to demand a cleanup of Britain’s sewage-clogged waterways. Organizers estimated that 15,000 people took part in the march along the...
PNM Resources: Q3 Earnings Snapshot
ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported earnings of $131.3 million in its third quarter. On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of $1.45. Earnings, adjusted for non-recurring...
Alliant Energy: Q3 Earnings Snapshot
MADISON, Wis. (AP) — MADISON, Wis. (AP) — Alliant Energy Corp. (LNT) on Thursday reported third-quarter profit of $295 million. The Madison, Wisconsin-based company said it had net income of $1.15 per share. The results surpassed Wall Street expectations. The...
