National Cherry Blossom Festival to move east of the river for final event

The final event of the National Cherry Blossom Festival will aim to pull visitors away from the traditional aquatic home of that festival — the Tidal Basin — and over to another one of D.C.’s historic waterways.

The quintessential springtime festival will cap off this year with the Anacostia River Festival, a joint effort of the 11th Street Bridge Project and the National Park Service. The river festival will be held April 12, the last day of the National Cherry Blossom Festival, which runs…

Utility says latest delays to Georgia nuclear plant to cost additional $1B

Southern Co. (NYSE:SO) subsidiary Georgia Power estimates that the 18-month delay in construction of the 2,400-megawatt Plan Vogtle nuclear expansion will cost a little more than $1 billion in construction costs and financing.

The escalating costs could prove an issue as other utilities, including Charlotte-based Duke Energy (NYSE:DUK), weigh whether to go ahead with new nuclear construction they have proposed, but not committed to. Duke currently plans to build its proposed $11 billion W.S. Lee…

After rocky week of strikes, steelworkers, Shell to return to negotiating table

It’s been over a month of on-again, off-again contract negotiations between the United Steelworkers union and Houston-based Shell Oil Co.

After a week-long standstill between the two, negotiations are expected to resume March 4, according to Fuel Fix. No other details have been released.

Shell is the industry representative during the negotiations with the steelworkers union.

The union has stated it is on strike because of safety concerns for its members and the community, but Shell has said otherwise.…

Nearly 4,000 gallons recovered from Houston energy co.'s pipeline spill

A Hilcorp Alaska LLC pipeline leaked an unknown amount of crude oil, water and other fluids over the weekend, according to reports.

Hilcorp Alaska is a unit of Houston-based Hilcorp Energy Co.

The spill occurred around 7:50 a.m. on Feb. 28, and an estimated 3,906 gallons of liquids were recovered by midday March 1, the Alaska Department of Environmental Conservation reported.

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The leak came from an estimated 1/4-inch diameter hole in…

Houstonian cracks Top 100 on Forbes' 'World's Billionaires' list

Richard Kinder is still the richest person in Houston, and he’s now among the 100 richest people worldwide, according to Forbes’ “The World’s Billionaires” list for 2015.

He was the only Houstonian to make the Top 100 of the Forbes list. In addition to his overall ranking, Kinder, co-founder, chairman and CEO of Kinder Morgan Inc. (NYSE: KMI), ranks third among U.S. energy billionaires and eighth among all energy billionaires.

Although he plans to step down as CEO in June, Kinder will remain active…