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Energy and Utilities

Aker Lands Cable Contract for Huge Gulf Oil Fields

Aker Solutions, in Mobile, has landed a contract to manufacture the undersea communications cables and distribution equipment for an offshore oil and gas service...

Even Giants Somewhat Vulnerable

The virus crisis is casting shadows even on industry giants like Southern Co., parent to Alabama Power Co. Fitch Ratings, on April 2, gave a...

Ovante’s Corrosion Solution Passes Power Hurdle

A quiet little company based in Auburn, Ovante LLC, recently passed a major test that puts it in position to sell its patented anti-corrosion...

Viral Oil Prices and a Trump, Putin Phone Call

In November 2018, Alabama's premiere oil and gas exploration company, Energen Corp., sold to Texas-based Diamondback Energy, just in time to escape the collapse...

Warrior Met Coal Announces New Underground Facility

Brookwood-based Warrior Met Coal has announced a five-year plan to develop a $500 million underground coal mining facility near its current mines in northern...

Southern Power Adds 12th Wind Farm

Southern Power, the Birmingham subsidiary of the Southern Co. that deals in wholesale alternative energy across the country, announced the acquisition of its 12th...

Alabama Company Reopens Wyoming Coal Mines

An Alabama company has taken over two coal mines in Wyoming's Powder River Basin and is calling back to work many of the hundreds...

Utilities Look to Private Broadband Networks In Upgrading the Grid

As America’s electric utility industry evolves from centralized generation and distribution to a distributed model, data connectivity becomes key to make the coordinated, interactive...

Know When to Fold Them — Energen Corp.

When Alabama-based Energen Corp. disappeared by acquisition about one year ago, it might have been a case of getting out while the getting was...

Honda Enters Deal to Decrease Carbon Footprint in Alabama

Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60 percent of the electricity it uses in North America.

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