Updated April 24 at 4:45pm
Energy
196 results total, viewing 171 - 180
BOSTON – A settlement in a class-action suit could yield a windfall for affected state pensions several years after the housing market collapse impacted pensions and retirement funds, thanks to a settlement reached between Massachusetts pension groups and Fannie Mae, according to a report by Boston.com. more
Attorney General Peter F. Kilmartin has directed $250,000 from Rhode Island’s share of the 2007 settlement of a Clean Air Act lawsuit to support the repair of Portsmouth’s broken 1.5-megawatt wind turbine. more
Gov. Lincoln D. Chafee on Thursday honored Scituate High School, Park View Middle School in Cranston, and Calcutt Middle School in Central Falls at a Statehouse ceremony for implementing educational energy programs to heighten awareness and promote efficiency and conservation. more
The General Assembly on Wednesday passed the Renewable Energy Growth Program bill, establishing a 160-megawatt, five-year program to finance solar and other distributed generation projects and earning praise from the New England Clean Energy Council. more
Siemens AG is in talks with Mitsubishi Heavy Industries Ltd. about a joint bid to buy Alstom SA’s energy business and counter a $17 billion offer by General Electric Co. more
General Electric Co., which is working to refine its offer for Alstom SA’s energy assets, will present new terms on Thursday as it seeks to thwart a counter bid by Siemens AG, said two people familiar with the matter. more
The average price of self-serve, regular unleaded gasoline jumped 11 cents from last week in Rhode Island, the first increase in six weeks, according to AAA Northeast. more
The financial debacle that has befallen Russia as the price of Brent crude dropped 50 percent in the last four months has overshadowed the one that potentially awaits the U.S. shale industry in 2015. It’s time to heed it, because Saudi Arabia and other major Middle Eastern oil producers are unlikely to blink and cut output, and the price is now approaching a level where U.S. production will begin shutting down. more
Two wind energy companies Thursday won bids to lease more than 354,000 acres of federal waters about 12 nautical miles off Martha’s Vineyard, Mass. more
Apponaug Color & Hobby Shop Inc. opened Thursday for the first time in two days since a blizzard smacked Rhode Island with nearly 20 inches of snow. more
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