ENERGY: Delmarva Power to credit Del. customers $2M

NEWARK, Del. — Close to 300,000 Delmarva Power customers in Delaware will be credited a share of a $2 million security posted by Bluewater Wind now that a power purchasing agreement between the wind energy provider and the region's primary utility is canceled, Delmarva Power announced late Tuesday.

Oil price above $101 as consumer confidence rises

NEW YORK (AP) – The price of crude oil climbed above $101 a barrel in light holiday trading on growing U.S. consumer confidence and tension in the Middle East.Benchmark crude rose $1.66 on Tuesday to end at $101.34 per barrel in New York.

China gets approval for Afghanistan oil exploration bid

China has gained potential access to millions of barrels of oil after it won approval for oil exploration and extraction in Afghanistan.

India's October Mineral Output Value Flat

(RTTNews) - The total value of mineral production, excluding atomic and minor minerals, in India during October was flat at Rs.14,555 crore, compared with Rs.14,572 crore a year-ago, due to decline in production of coal and iron ore, according to data released by the Ministry of Mines.

Consumers have more options to reduce energy bills

As winter begins and federal tax credits for home efficiency upgrades end, consumers need not despair: Options to reduce energy bills are expanding.States and utilities are spending more on energy-efficiency programs such as home energy audits.

EPA rules target mercury pollution, toxics from power plants

The Environmental Protection Agency released far-reaching air pollution regulations Wednesday, 21 years after they were first mandated by Congress and six days after they were signed by the agency.

Ohio set to see oil boom thanks to fracking

NEW YORK (CNNMoney) -- Ohio hasn't been an oil powerhouse for nearly 100 years.

Oil boomlet sweeps U.S. as exports and production rise

Looking at your heating bills or gas prices, you may find it surprising that the United States is enjoying a mini oil boom. It's producing more crude oil and, for the first time in decades, has become a net exporter of petroleum products such as jet fuel, heating oil and gasoline.

LEDs offer a brighter future, says report

A field trial of LED light fittings in social housing says the new technology can deliver huge energy savings, reduce costs and makes residents feel safer.

Iraq oil security tested as U.S. forces withdraw

BAGHDAD (Reuters) - A bombing of southern Iraqi crude pipelines despite a nationwide alert against a possible surge in insurgent attacks has heightened fears for the future security of Iraq's vital oil sector as American troops withdraw.

Gold Prices Struggle to Stay Near $1, 700

Gold prices fell Wednesday on negative economic news from China and Europe plus concerns that the world's No. 1 economy is barely advancing.

Waking Up to Urgency of a National Climate Policy

As increasingly extreme and erratic weather driven by the earth's changing climate exacts a heavy toll on Jamaica's population, economy and infrastructure, a consensus has emerged among scientists and policy makers here that adaptation measures must include hazard mitigation.

Mukesh Ambani's RIL challenges norms for coal bed gas

NEW DELHI: Mukesh Ambani's Reliance Industries Ltd (RIL) has accused the oil ministry of moving goal posts mid way on pricing and utilisation of gas extracted from coal seams - called coal bed methane (CBM) in industry parlance - and said the move was against the government's own decision and violated terms of the contract with the state.

Suit fails to block oil lease sale in Gulf of Mexico

NEW ORLEANS – The federal government will move ahead with the first auction of offshore petroleum leases in the Gulf of Mexico since the Deepwater Horizon disaster — despite a lawsuit challenging the sale.

Scotland's climate change target 'could cost £11bn'

The cost of reaching Scotland's ambitious climate change targets could top £11bn, according to a report from a money watchdog.

France to strengthen nuclear security after break-ins: EDF

France will beef up security at its nuclear plants after Greenpeace activists broke into two facilities, the head of energy firm EDF said on Friday, denouncing the stunt as "stupid".

Energy diplomacy: State launches energy bureau, with eye on volatile energy markets, impact on US economy

With rising tensions over Iran threatening to spike oil prices, and ongoing efforts to bring post-war Iraq and Libya oil production back online, the State Department launched a new Bureau of Energy Resources this month.

Russia ‘Losing Grip’ on China Gas Talks May Benefit EU, EON Says

China’s decision to boost natural gas deliveries from central Asia while supply talks with OAO Gazprom fail to produce a contract may keep Russia’s gas export monopoly reliant on European buyers, according to EON AG’s Russian unit.

Qatar and UK's Centrica agree to invest in energy

DUBAI, United Arab Emirates (AP) — Qatar's state oil company and British energy firm Centrica PLC agreed Monday to cooperate on pursuing energy investments, laying the groundwork for a further expansion of the wealthy Gulf state's international portfolio.

Renewable energy: US probe 'protectionism,' China says

Renewable energy flap with China escalates as US panel agrees to investigate complaints that Chinese solar panels are unfairly priced. Renewable energy is flash point in US-China trade relations.

Energy Department Announces Technical Assistance Opportunity for Tribal Clean Energy Deployment

Washington, D.C. – The U.S. Department of Energy (DOE) launched today the Strategic Technical Assistance Response Team (START) initiative aimed at advancing clean energy generation in Indian Country and providing federally recognized Native American and Alaska Native governments with technical assistance to accelerate clean energy project deployment.

Oil hovers at $100 ahead of key US jobs report

SINGAPORE (AP) — Oil prices hovered above $100 a barrel Friday in Asia as traders awaited a U.S. jobs report for evidence about the strength of the U.S. economy and demand for crude.

Crude Oil Climbs After U.S. Thanksgiving Retail Sales Surge to a Record

Oil climbed as Thanksgiving retail sales advanced to a record in the U.S., a signal of economic growth in the world’s biggest crude-consuming country.