NextEra Energy, an energy company that is a partner in the Mountain Valley Pipeline venture, wrote off $1.2 billion of the value of its investment in the delayed natural gas pipeline.
The write off pushed NextEra (NYSE: NEE) to a 4Q net loss of $5 million. It was solely because of the pipeline, a 303-mile line that will carry natural gas from the Marcellus and Utica shales through West Virginia and Virginia to southeast gas markets.
The pipeline has been the subject of years of delays and cost…
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.
Elgin ISD’s board voted unanimously to reject a Chapter 313 application from Solar Proponent that company representatives said were a key determination in whether or
Real estate generates nearly 40% of global carbon dioxide emissions, contributing to rising sea levels and the increasing frequency and severity of extreme weather events
The Mountain Valley Pipeline’s Southgate Extension, a key source for future natural gas supplies in Duke Energy Corp.’s carbon reduction proposals, has withdrawn all of
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