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A collection of news and information related to Progress Energy Incorporated published by this site and its partners.

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    May 17, 2013 |Story| McClatchy-Tribune
  1. Shearon Harris nuclear plant shut down because of cracking

    The News & Observer
    Duke Energy Progress shut down the Shearon Harris nuclear plant in Wake County on Wednesday after the company discovered that the reactor vessel -- which holds the plant's nuclear fuel and contains the nuclear reaction -- showed early indications of...

    Tags: Tooth Decay, Plant Closings, Raleigh, Wake County, Dentistry and Dental Health

  2. May 16, 2013 |Story| McClatchy-Tribune
  3. BRIEF: Power-line failure KO's Progress power to 2,800 in Knightdale area

    The News & Observer
    A power line failure knocked out electricity service to 2,849 Progress Energy customers in the Knightdale area Thursday morning, Duke Energy said. Crews restored power to almost all of the customers in about an hour by rerouting power around the...

    Tags: Raleigh, Duke Energy Corporation

  4. May 16, 2013 |Story| McClatchy-Tribune
  5. Shearon Harris shut down because of cracking

    The News & Observer
    Duke Energy Progress shut down the Shearon Harris nuclear plant in Wake County on Wednesday after the company discovered that the reactor vessel, which contains the plant's nuclear fuel, showed early indications of corrosion and cracking. The Nuclear...

    Tags: Raleigh, Wake County, Nuclear Power, Duke Energy Corporation, U.S. Nuclear Regulatory Commission

  6. May 15, 2013 |Story| McClatchy-Tribune
  7. BRIEF: Two charged in Moore County court in theft of wire from utility pole

    The Fayetteville Observer, N.C.
    Two Robeson County men were charged with stealing wire from utility poles owned by Progress Energy in October, Southern Pines police said. Tony Lee Laws, 41, of Fairmont, and Joshua Cladell Jones, 30, of Lumberton, were arrested after a joint...

    Tags: Theft, Prosecution, Crime, Law and Justice

  8. May 14, 2013 |Story| McClatchy-Tribune
  9. S&P raises Duke Energy outlook to 'stable'

    The Charlotte Observer
    Standard & Poor's Ratings Services on Monday raised its outlook for Duke Energy Corp. from negative to stable, saying the Charlotte-based company had effectively handled issues that arose in its merger with Progress Energy last year. In July the ratings...

    Tags: Restructuring and Recapitalization, Corporate Officers, Economy, Business and Finance, Charlotte, Duke Energy Corporation

  10. May 11, 2013 |Story| McClatchy-Tribune
  11. Analysis: Levy nuclear plant twice the cost of a natural gas facility

    Tampa Bay Times, St. Petersburg, Fla.
    In the long run, nuclear power is cheap. This, for many of Florida's top decision makers, is the Truth. Lawmakers have cast aside their worship of the free market -- which long ago lost trust in building nuclear plants -- and skewed state law to favor...

    Tags: Human Mishaps, Justice System, Petroleum Industry, Economy, Business and Finance, Nuclear Power

  12. May 9, 2013 |Story| McClatchy-Tribune
  13. 2 charged in $100K electric wire thefts

    The Wilson Daily Times, N.C.
    Sheriff's deputies say two men risked their lives to steal more than $100,000 worth of copper wires from Duke Energy power lines in southern Nash County. The men swiped metal from utility lines primarily in and around Middlesex and in the Stanhope...

    Tags: Prisons, Manassas (Manassas, Virginia), Misdemeanors, Crimes, Theft

  14. May 8, 2013 |Story| Reuters
  15. ACTUALIZA 1-Grupo EBX vende participación campo crudo a malasia Petronas

    Reuters
    * Petronas acuerda 1ra adquisición en Brasil dentro de expansión en el extranjero * Batista vende activos para mantener negocios a flote * Petronas tiene opción de adquirir participación de 5 pct en OGX (Agrega detalles, contexto, citas de...

    Tags: Morgan Stanley Dean Witter & Company, Eike Batista

  16. May 8, 2013 |Story| Reuters
  17. Petronas refuerza a brasileño Batista con compra de yacimiento crudo por 850 mln dlrs

    Reuters
    Por Al-Zaquan Amer Hamzah y Jeb Blount KUALA LUMPUR/RIO DE JANEIRO (Reuters) - La petrolera estatal malasia Petronas acordó pagar 850 millones de dólares por una participación en un campo brasileño de petróleo en alta mar, fortaleciendo a su dueñ...

    Tags: Eike Batista

  18. May 7, 2013 |Story| Orlando Sentinel
  19. Duke Energy seeks $174M for nuke projects next year

    Duke Energy Florida wants to collect $174.6 million next year from its customers for a proposed nuclear-power complex in Levy County and for a now-useless upgrade project at its permanently closed Crystal River nuke, according to documents filed last week with the state Public Service Commission.
    Duke Energy Florida wants to collect $174.6 million next year from its customers for a proposed nuclear-power complex in Levy County and for a now-useless upgrade project at its permanently closed Crystal River nuke, according to documents filed last week...

    Tags: Orlando, Plant Openings, Duke Energy Corporation, Florida Legislature

  20. May 3, 2013 |Story| Reuters
  21. Duke Energy adjusted profit slips as commercial sales weak

    Reuters
    May 3 (Reuters) - Duke Energy Corp, the largest power provider in the United States, reported a drop in adjusted quarterly profit on Friday, blaming weak demand for commercial electricity. For the first quarter, the company posted profit of $634 million,...

    Tags: Duke Energy Corporation

  22. May 2, 2013 |Story| Reuters
  23. Duke Energy suspends effort to license N. Carolina nuclear units

    Reuters
    May 2 (Reuters) - Duke Energy, the largest U.S. electric utility, said it notified regulators on Thursday that it will drop plans to build two new nuclear reactors in North Carolina due to slow growth in power demand. Progress Energy, which Duke acquired...

    Tags: Weather Reports, Weather, Petroleum Industry, Wake County, Scana Corporation

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