Winds gusting to nearly 50 mph blew into the Puget Sound area Saturday afternoon, toppling trees and causing power outages for thousands of households and businesses.

The Egyptian government has reached a deal with major oil companies whereby the price cap per million BTUs has been raised from $2.65 to $4 according to MEED. The increased incentives come after energy producers had complained that the price did not reflect current market rates of $8 per million BTUs.

Most Silicon Valley residents are going to see their power bill rise slightly beginning this month as Pacific Gas and Electric Company has raised its rates by 6%. PG&E spokesman David Eisenhower says the rate ...

Alabama Power says some of its customers have been targeted by scam artists asking for credit card information.

Pemex has awarded a contract to KRC Grupo Petrolero de Mexico, a unit of KRC Resources of Houston, to drill vertical and directional wells in northern Mexico.

Ferdinand Marcos, the despot who ruled for 21 years, created a major government program to find, develop and generate electricity from hot rocks deep in the ground. Since then, the Philippine government has championed this form of energy.

Regal Petroleum, the oil and gas explorer, has denied speculation that it has received a $1.2 billion bid approach from Royal Dutch Shell.

Abu Dhabi's Mubadala and U.S. oil giant ConocoPhillips say they have signed a deal with Kazakhstan's national oil company to drill in a potentially lucrative oil and gas region in the Caspian Sea.

Thursday, October 02, 2008 at 5:40 p.m. Residents across the area are voicing their concerns about a proposed rate hike for First energy customers.