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FirstEnergy Solutions Preparing New Filing In Bankruptcy Case

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FirstEnergy Solutions, which runs coal and nuclear plants in Ohio, is working on a new bankruptcy proposal after a federal judge denied their initial filing. FES is filing for bankruptcy, in a restructuring plan that would officially separate the company from its parent company FirstEnergy Corp., the energy distributor. Dick Munson, senior director for the… Read More

Mine Safety Debt For WV Gov. Justice’s Family Companies Grows to $4M

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An Ohio Valley ReSource analysis of federal mine safety data shows that the companies belonging to the family of West Virginia Gov. Jim Justice owe $4.3 million in delinquent debt for mine safety violations. That is far more than the companies owed when Justice ran for governor in 2016, when he pledged to make good… Read More

Trump Backtracks on Call to Gut $300M Great Lakes Program

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TRAVERSE CITY, Mich. (AP) — President Donald Trump tried repeatedly to gut funding for a wide-ranging Great Lakes cleanup, only to be stymied by Congress. Suddenly, he did an about-face. It happened Thursday during a campaign-style speech in the battleground state of Michigan. For years, the program the Obama administration established in 2010 enjoyed bipartisan… Read More

EQT Gas Company to Pay $53M to Settle Lawsuit Over Royalties

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CLARKSBURG, W.Va. (AP) – Court documents say the second-largest natural gas producer in West Virginia will pay $53.5 million to settle a federal class-action lawsuit over royalty payments to residents and businesses. The deal’s terms were unsealed Wednesday. Pittsburgh-based EQT Corp. agreed to pay the money to settle the suit brought for about 9,000 people… Read More