Latest U.S. Federal Energy Regulatory Commission News

Federal report boosts plan to remove 4 dams on Calif river

Aug. 26, 2022 19:21 PM EDT

PORTLAND, Ore. (AP) — Federal regulators on Friday issued a final environmental impact statement that supports the demolition of four massive dams on Northern California’s Klamath River to save imperiled migratory salmon. The staff's recommendation, which largely echoes an...

Regulators extend deadline for Mountain Valley Pipeline

Aug. 24, 2022 18:23 PM EDT

ROANOKE, Va. (AP) — Federal regulators have given the developers of the Mountain Valley Pipeline another four years to complete the long-delayed natural gas project. The Federal Energy Regulatory Commission made the unanimous decision late Tuesday, the Roanoke Times reported. The...

Buffett's company likely to add to its stake in Occidental

Aug. 22, 2022 14:37 PM EDT

OMAHA, Neb. (AP) — Warren Buffett's company has received clearance to boost its 20% stake in Occidental Petroleum to as much as 50%, but it's not immediately clear how many more shares Berkshire Hathaway plans to buy or whether it will consider buying the entire company. Shares of...