Utilities

DUK.N
SO.N
NEE.N

UPDATE 2-Blasting heat keeps hold on U.S. Western states

(Recasts with details from Las Vegas, Idaho, Death Valley)

01 Jul 2013

Costs rise for Southern Co's coal gasification plant

HOUSTON, July 1 - The cost to finish building Southern Co's controversial coal-gasification power plant in Kemper County, Mississippi, may increase by at least $160 million to $4.5 billion or more, or more than double initial cost estimates, the company said in a filing with regulators.

Industrials, 01 Jul 2013

UPDATE 4-OGX down 39 pct as Brazil oil company fights to survive

* Three offshore oil prospects dumped * OGX to cancel ship orders, pay OSX compensation * Rival HRT also scales back Amazon natgas plans (Adds bond decline details, comment, rival HRT; updates prices) By Jeb Blount RIO DE JANEIRO, July 1 - Brazilian billionaire Eike Batista's flagship oil company OGX Petroleo e Gas SA slashed capital spending on Monday and pulled the plug on three offshore oil prospects, the latest move by his EBX Group to bolster finances and avert

UPDATE 7-Oil gains, Brent-U.S. crude spread hits 2-1/2 year low

* Brent's premium to U.S. crude lowest since January 2011

Energy, 01 Jul 2013

UPDATE 2-Northern California urged to conserve power as heat wave peaks

(Adds latest from PG&E on Diablo Canyon and power prices for Tuesday) By Scott DiSavino July 1 - California's power grid operator on Monday issued a rare plea for customers in the north of the state to conserve energy over the next couple days as a heat wave blanketing the region is expected to peak just as the work week begins. As consumers cranked up their air conditioners to escape the brutal heat, power prices in California markets jumped to at least five-year highs.

Energy, 01 Jul 2013
Utilities
Duke Energy Corp $66.84 -0.98%
Southern Co $43.81 -0.73%
NextEra Energy Inc $80.23 -1.53%

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