A device consisting of a giant rubber tube may hold the key to producing affordable electricity from the energy in sea waves.

XTO Energy Inc. (NYSE: XTO) announced today that it has entered into a definitive merger agreement with privately-held Hunt Petroleum Corporation and other associated entities for $4.186 billion. Consideration in the transaction includes $2.6 billion in cash and 23.5 million shares of XTO common stock valued at approximately $1.6 billion, or $67.50 per share.

Stanton Energy Plant is on fire. The blaze flared up after 1:00 p.m. in a six-story building.

This has been a turbulent week in Mexico, where leftist militants continue to hold both houses of Congress in protest of an energy reform bill sent to the legislative body by President Felipe Calderon.

E.ON AG’s interest in large acquisitions this year is fading fast as it seeks to focus on integrating earlier takeovers, said the company's chief executive.

Constellation Energy reported on Thursday it was working with Maryland political and regulatory leaders on a settlement of several legal and legislative issues that would include the company issuing $187 million in credits to customers.

An eco-friendly home in Britain is considered not just globally responsible but now it is becoming personally profitable. Nearly 40 percent of Britain's energy is consumed in lighting, heating and cooling the country's 25 million buildings. The British government says even minor improvements in energy performance can help significantly reduce energy consumption and carbon emissions. Now, as part of a European-backed plan, British homeowners are encouraged to take energy-saving measures to help sell their homes.

Russian police visited offices of BP PLC and its joint venture Wednesday in what some commentators saw as a possible part of a state-orchestrated campaign to obtain lucrative energy assets.

Researchers in the United States and Austria report an advance toward the next generation of plastic solar cells, which are widely heralded as a low cost, environmentally-friendly alternative to inorganic solar cells for meeting rising energy demands. Their study is scheduled for the March 19 issue of ACS’ Journal of the American Chemical Society, a weekly publication.

The government is drafting a strategic reserve blueprint to ensure energy security -the move coming close on the heels of the construction of four oil reserve bases.

Latin American nations could become important suppliers of ethanol for world markets in coming decades, according to an Oak Ridge National Laboratory study released recently.

Researchers at the University of Minnesota studying bacteria capable of generating electricity have discovered that riboflavin (commonly known as vitamin B-2) is responsible for much of the energy produced by these organisms.