College

A 27-year-old college student who bid on 13 natural gas and oil leases in December during a Bureau of Land Management (BLM) auction in Utah — with no intention of paying for them — faces up to 10 years in prison and a hefty fine after being indicted Wednesday on two felony counts.

The C.T. Bauer College of Business at the University of Houston (UH) has launched the nation’s first executive master of business administration degree in global energy management (GEMBA), which includes studies of the energy value chain, international energy finance and emerging energy technologies.

A small university campus expects to save $1 million annually on its energy bill and satisfy 98% of its energy needs through a new high-efficiency, 1 MW cogeneration system that was underwritten with a $708,000 award from Sempra Energy’s Los Angeles-based Southern California Gas Co. utility. The rebate was part of SoCal’s state-authorized $54 million, four-year self-generation program.