Energy

Listed Basic Energy Corp. on Thursday said its subsidiary Southwest Resources Inc. relinquished its rights over service contract (SC) 41 in the Sulu Sea.

The first of five energy research centers is now open in Southwest Virginia, a facility that regional leaders say will help point a pathway to future economic growth and job creation.

AGL Energy Ltd., Australias largest electricity and gas retailer, said the country needs certainty on government climate-change policy and to impose a price on carbon.

An energy efficiency grant awarded through the federal stimulus program will lead to some facility improvements at the Caldwell County Courthouse.

A national energy services firm has fixed a problem that prevented Tennesseans from calling to register for a stimulus-funded energy rebate program.

Author Richard Heinberg's nine books include The Party's Over: Oil, War and the Fate of Industrial Societies and Peak Everything: Waking Up to the Century of Declines. He discusses what we know about peak oil, as well as its connection to the end of economic growth.

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Energy Stocks Move Down On Bearish Sentiment

Energy XXI (Bermuda) Ltd. (EXXI) traded in a range until around 1:30PM Tuesday, but climbed for the remainder of the afternoon. The stock closed higher by 1.05 at $18.54.

The Energy Department on Wednesday said the "open access" policy will likely take effect next year, paving the way for industrial consumers to choose their own power supplier.

Solar Energy Advantages Blog has today announced the availability of a new tool designed to help those interested in making the move to solar power.

New energy-efficiency standards in South Carolina have the power to create 22,000 new jobs in the next 15 years, six times the number to come from the Boeing Co.'s expansion in North Charleston, efficiency promoters say.

The Callaway Energy Centre Business Park in Fulton is now a certified site for commercial development. The designation created to speed up economic development.

Energy rebates are once again available in Tennessee.

Energy stocks fall in a broad retreat for equities, with crude-oil futures weakening as well.

Energy Stocks Fall As Oil Drops Below $72

We are living through “interesting times”; credit crises, recession and rising debt threaten to destabilise nation states. Whilst reckless bankers and traders might have a certain amount of responsibility, if we are to understand the larger processes that are driving these trends we need to stand back and look at the human system as a whole. Change is inevitable – it's one of the implications of the Laws of Thermodynamics. What we need to understand is the way human ecology works within these natural physical processes, how the contradictions between human systems and these natural processes define what is “unsustainable”, and what this means for our future as we adjust to the natural limitations of our environment.

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Meridian Energy Ltd., New Zealands biggest power generator, said full-year profit more than doubled, buoyed by output from a new wind farm and the cheaper cost of power from its hydro plants.

Cairn Energy Plc said the first hydrocarbons were discovered in the Baffin Bay basin by the T8-1 well which encountered gas.

Cairn Energy Plc said its first-half loss narrowed to $12.6 million from $61.6 million a year earlier.

Household energy use in Prince Edward Island has dropped 20 per cent in the past two years, according to a national watchdog group.