| Texas giving another $10M for appliance rebates The state will pass out another $10 million in appliance rebates this winter, using leftover stimulus funds from a program earlier this year. feeds.bizjournals.com |
Duke Energy sees opposition to coal plant deal Duke Energy executives expressed confidence that they can finish building the Edwardsport gasified coal plant in Indiana for the $2.88 billion it’s now estimated to cost despite previous increases. (DUK) feeds.bizjournals.com |
White Stallion gets OK to build Bay City power plant White Stallion Energy Center LLC has been given the green light to begin construction on a controversial coal-and petroleum coke-fired power plant in Bay City. feeds.bizjournals.com |
Business leaders grumble over City Light rate plan Seattle City Light’s proposed rate hikes over the next two years would add thousands of dollars to the annual bills of the city’s biggest commercial users of electricity, and even for smaller companies would add to the steady drip of increases in the cost of doing business. feeds.bizjournals.com |
QEP Resources Reports Third Quarter EBITDA of $297.5 Million and Production of 61.7 Bcfe [PR Newswire] - QEP Resources reported third quarter 2010 production of 61.7 Bcfe compared to 43.8 Bcfe for the 2009 period, a 41% increase. Â Production volumes in the 2009 quarter were impacted by price-related production curtailments. Â Accounting for the curtailments, QEP production was up approximately 20% in the third quarter of 2010 compared to the prior year quarter. Â QEP third quarter 2010 continuing EBITDA was $297.5 million, compared to $285.3 million a year earlier, a 4% increase in spite of a 28% decrease in net realized natural gas prices. Â Net income from continuing operations in the 3rd quarter of 2010 was $71.1 million or $0.40 per diluted share, essentially equal to the $71.4 million or $0.40 per diluted share for the third quarter of 2009. Â Excluding changes in unrealized gains and losses on natural gas basis-only swaps, gains and losses on non-core asset sales, separation costs and losses on early extinguishment of debt, QEP Resources net income from continuing operations was $57.2 million or $0.32 per diluted share for the current quarter compared to $78.3 million or $0.43 per diluted share in the prior-year period. Â us.rd.yahoo.com |