The Energy Department paid the builder of its planned weapon-grade plutonium reprocessing plant millions of dollars in taxpayer money for unnecessary employee living expenses, government auditors concluded Monday.
In a key development that will help the U.S. export its vast energy resources, the Department of Energy on Friday approved an application for a liquefied natural gas (LNG) export facility in Texas.
There aren't many winners in the current economic climate. Most companies are struggling against the burdens of higher taxes, red tape and uncertainty, and there's no opportunity to expand and prosper. Some companies, however, have found a shortcut through deep political connections to the Obama administration.
Canadian Ambassador Gary Doer is traveling the United States to promote the Keystone XL project as U.S. environmentalists threaten President Obama with civil unrest if he approves the proposed oil pipeline from Alberta to Texas.
The Energy Department expects to spend only a portion of its remaining advanced energy loan guarantee authority and funds, in part because of negative publicity caused by the high-profile failures of some recipients, the Government Accountability Office reports.
President Obama's nomination of Ernest Moniz for secretary of energy seemed at first to offer some promise for the hapless department.
To John LaRue, the renaissance in U.S. manufacturing is no dream. It's already here.
Fisker Automotive, the hybrid carmaker based in Anaheim, Calif., announced Friday that it would lay off 75 percent of its workforce, a sign the onetime darling of the “greens” is sputtering toward the end of the road. This story grows ever more familiar.
The Education and Energy departments are among the big winners in President Obama's fiscal 2014 budget, with each agency receiving a substantial boost in proposed funding.Mr. Obama plans to increase the Education Department by 4.6 percent, to $31.8 billion, including $750 million for expanded universal pre-school services. That initiative would be funded by a new tobacco tax.
