Lawmakers loyal to President Hugo Chavez gave final approval on Thursday to a bill allowing the Venezuelan government to seize total control of the nation's fuel distribution.

PFC energy said in a report that a consensus is building within Opec on the need to reduce oil output to prevent a supply overhang and prop up prices, Reuters has reported. Opec will meet on September 9. Extra Saudi oil and declining demand from slowing economies in the West were seen as factors in lower crude prices that has gone down to around $110 a barrel.

The Nebraska Public Power District plans to issue more than $300 million in bonds next week to finance transmission lines and other projects.

NEW YORK - More than 500,000 customers in Entergy Corp's service area in Louisiana and Arkansas remained without power on Friday, four days after Hurricane Gustav caused massive damage to the company's power ...

Florida Power & Light Co. received approval Sept. 4 from the Florida Public Service Commission to build a new natural gas-fired power plant and to convert two oil- and gas-fired steam plants into combined-cycle ...

A long-delayed natural gas pipeline championed by Gov. Sarah Palin that would carry supplies from Alaska to Canada and then to the lower 48 states exists in concept only and is years away from fruition.

An agreement putting to rest a bitter fight between Britain's BP and Russian investors over a joint-venture shows that foreign companies can invest with confidence in Russia's energy sector, a top official with ...