Friday, April 29, 2016
Indian court to try Naveen Jindal over alleged coal scam
ordered businessman Naveen Jindal to face trial on charges of
criminal conspiracy over an alleged scam involving government
allocations of coalfields.
Read more
UPDATE 2-Russia's Yamal LNG gets round sanctions with $12 bln Chinese loan deal
(Adds details, quote from Yamal director general)
Read more
CORRECTED-UPDATE 1-Vestas has record Q1 order intake, shares rise 4 pct
turbine maker Vestas received record orders and posted
forecast-beating operating profit in the first quarter, lifting
the Danish company's share price by as much as 4 percent on
Friday.
Read more
Ophir ends talks with Schlumberger over Fortuna project deal
said it had ended talks with Schlumberger NV
over the U.S. company's upstream participation in Ophir's
Fortuna project in Equatorial Guinea, sending its shares down
sharply.
Read more
UPDATE 1-Ophir ends talks with Schlumberger over Equatorial Guinea project
quarter of its market value on Friday, after the oil and gas
explorer said it had ended talks to bring Schlumberger
on board as a partner on its Fortuna project in Equatorial
Guinea.
Read more
RPT-ECB free money no fix for companies' glum mood
plan to buy company bonds has fired up credit markets, allowing
big groups such as Magnum ice-cream maker Unilever to
borrow almost for free, but its effect on the euro zone economy
is likely to be small.
Read more
UPDATE 1-Eni swings to net loss but operating profit beats expectations
beat operating profit expectations in the first quarter
despite swinging to a net loss because of weak oil prices and a
charge on its Saipem holding.
Read more
UPDATE 1-Engie first-quarter revenue drops on lower power prices
Engie's first-quarter core earnings decreased 1.7
percent to 3.6 billion euros ($4.1 billion) while revenue
slipped 14.3 percent to 18.9 billion due to lower power prices.
Read more
As Japan's electricity reform kicks off, Germany serves as warning
Japan's power market shakeup aimed at boosting choice and energy
security, the utility at the centre of the 2011 nuclear crisis
has borne the brunt of consumer defections, with nearly 470,000
users switching electricity providers.
Read more
Origin hikes LNG earnings forecast on strong output at new plant
on Friday more than doubled its outlook for earnings from
liquefied natural gas this year, saying the first unit at its
Australia Pacific LNG plant was producing at above its rated
capacity of 4.5 million tonnes a year.
Read more
Thursday, April 28, 2016
Suez shareholders vote to renew Chaussade, Mestrallet mandates
Suez shareholders voted on Thursday in favour of
renewing the mandates of board chairman Gerard Mestrallet and
chief executive Jean-Louis Chaussade for four years.
Read more
World Bank issues $30 million loan to Armenia for energy sector
issue a $30 million loan to improve governance of the energy
sector in Armenia, the bank said on Thursday.
Read more
Hydropower drives Vattenfall, Statkraft earnings, Fortum hit by low prices
Norway's Statkraft reported higher first-quarter
earnings on Thursday, helped by higher hydropower output, while
fossil-fuel dependent Finnish Fortum's profit fell.
Read more
Vattenfall puts pressure on Swedish government to cut nuclear tax
Vattenfall will struggle to invest in required safety upgrades
of its nuclear reactors in Sweden if the government doesn't
abolish its tax on nuclear power, Chief Executive Magnus Hall
said on Thursday.
Read more
ECB free money no fix for companies' glum mood
plan to buy company bonds has fired up credit markets, allowing
big groups such as Magnum ice-cream maker Unilever to
borrow almost for free, but its effect on the euro zone economy
is likely to be small.
Read more
IFC arranges $375 mln in financing to boost Iraq's power sector
Corporation (IFC), the World Bank's private sector
investment arm, said on Thursday it had arranged $375 million in
financing for an Iraqi power company to provide electricity to
millions of people in Kurdistan and Baghdad.
Read more
UK government will not take more than 25 pct stake in Tata Steel assets -Javid
Sajid Javid said on Thursday the government was not prepared to
take more than a 25 percent equity stake in Tata Steel's UK
assets and he wanted to see them sold as soon as possible.
Read more
BUZZ-Weir: top Stoxx industrial services gainer on guidance hike
industrial goods & services after says H1 profits to be
slightly ahead of market expectations
Read more
Wednesday, April 27, 2016
N. Korea food production falls first time since 2010, hunger worsening - UN
production in North Korea has fallen for the first time since
2010, the U.N. Food and Agriculture Organization (FAO) said,
warning that it expects worsening hunger as the country
struggles with poor rainfall.
Read more
UPDATE 1-First Solar stock slips after first revenue miss in four qtrs
reported its first revenue miss in four quarters,
sending its shares down as much as 9 percent in after-market
trading.
Read more
First Solar posts quarterly profit; appoints new CEO
posted a quarterly profit, compared with a year-earlier
loss, helped by higher revenue from the sale of a large
California solar power plant to Southern Co.
Read more
Mosaic raises $200 million for U.S. home solar loans
startup that reinvented itself as a provider of home solar
loans, said on Wednesday it had secured $200 million in funding
that will support at least 5,000 rooftop installations.
Read more
UPDATE 3-German firms could pay less than feared for nuclear clean-up
(Adds confirmation, comment from commission, firms, shares)
Read more
German utilities to pay 23.3 bln eur into state fund - nuclear commission
to pay 23.3 billion euros ($26.4 billion) into a state fund to
cover the costs of nuclear waste storage, members of a nuclear
commission tasked with securing funds for the country's nuclear
exit said on Wednesday.
Read more
REFILE-UPDATE 1-Rig-builder Sembcorp Marine's profit halves as clients defer projects
Sembcorp Marine's quarterly profit halved as customers
deferred projects, and it faces prolonged uncertainty on
contracts from its biggest client, Sete Brasil, whose
shareholders have approved its bankruptcy.
Read more
Turkish oil group in talks to invest in Genel's Kurdistan gas project
firm is in talks to invest in Genel Energy's two big
gas field developments in Iraqi Kurdistan, which would also
include a pipeline to connect them to Turkey, company and
industry sources said.
Read more
Ukraine introduces new energy tariffs to meet IMF demands
Wednesday unified natural gas tariffs for consumers as it seeks
to meet demands by the International Monetary Fund to secure
financial aid.
Read more
Turkey's Cengiz in talks with Russia's Rosatom to buy nuclear plant stake - source
Cengiz is in talks about buying up to 49 percent of the $20
billion Akkuyu nuclear power plant being built by Russia's
Rosatom, a source familiar with the matter said on Wednesday.
Read more
German nuclear commission wants utilities to pay 23.3 bln euros for storage costs
Germany's nuclear exit wants utilities operating atomic power
plants to pay 23.3 billion euros ($26.36 billion) into a
state-fund to cover the costs of waste storage, commission
sources told Reuters on Wednesday.
Read more
Irish parties make progress in government talks - minister
made great progress in talks on forming a minority government,
including the outlines of a deal to suspend unpopular water
charges, a senior minister said on Wednesday.
Read more
UPDATE 1-Total Q1 beats forecasts on high output, strong margins
reported a better-than-expected net profit for the
first quarter as high output and strong performance in refining
and chemicals helped limit the impact of a prolonged fall in oil
prices.
Read more
UPDATE 1-Sluggish Spain and Britain hit Iberdrola core profit
posted a 6 percent drop in first-quarter core profit to
2 billion euros ($2.3 billion), hit by declines in Spain,
Britain and Mexico that more than offset growth in the United
States.
Read more
Total Q1 beats forecasts on high output, strong margins
reported a better that expected net profit in the
first quarter of the 2016 as high output and a strong
performance in refining and chemicals helped limit the impact of
a prolonged fall in oil prices.
Read more
Tuesday, April 26, 2016
UPDATE 1-Venezuela state employees to work two-day week to save energy
government ordered public workers on Tuesday to work a two-day
week as an energy-saving measure in the crisis-hit South
American OPEC country.
Read more
Trafficking risk rises as villagers flee India's worst drought in decades
drought in decades across several states in India is forcing
tens of thousands of people to migrate from rural areas in
search of water, food and jobs, increasing the risk that they
may be trafficked or exploited, activists said.
Read more
Britain urged to set 2030 emissions target for power industry
emissions target for the power industry to encourage investment
in new low-carbon power plants and keep the country on track for
its climate targets, a parliamentary committee said on
Wednesday.
Read more
Venezuela decrees two-day week for public sector to save energy
government ordered public workers on Tuesday to work a two-day
week as an energy-saving measure in the crisis-hit South
American OPEC country.
Read more
UPDATE 1-Canada PM says thinking on pipelines has not changed
Minister Justin Trudeau said on Tuesday he still opposed a crude
oil pipeline travelling through a British Columbia rainforest
but declined to speculate on whether a changed route for
Enbridge Inc's proposed Northern Gateway pipeline would
work.
Read more
UPDATE 1-Tornadoes and hail threaten several central U.S. states
Service warned that large sections of Texas, Oklahoma and Kansas
could be hit by tornadoes, destructive hail and high winds on
Tuesday, prompting some school districts to send students home
early.
Read more
Husky may take legal action in gas dispute with Chinese firm
said on Tuesday it was confident a dispute with China's CNOOC
Ltd over gas delivery payments from the South China
Sea will be resolved, but warned it would take legal action
against the state-owned energy giant if necessary.
Read more
COLUMN-The next Chernobyl may be intentional
26 comes against the backdrop of growing apprehension that
nuclear reactors may become a terrorist target.
Read more
Protesters break into Finnish-Russian nuclear site
in to a construction site on Tuesday for a nuclear reactor to be
supplied by Russia's state-owned nuclear firm Rosatom, choosing
the 30th anniversary of the Chernobyl disaster for their
demonstration.
Read more
UK lawmakers ramp up pressure on EDF over Hinkley nuclear plant
EDF executives to appear in Parliament for a second
time in three months, ramping up pressure on the French utility
over its delay in making a decision to build the 18 billion
pound ($26.3 billion) Hinkley Point C nuclear plant.
Read more
Germany's nuclear commission, utilities fail to reach deal on storage costs- sources
overseeing Germany's nuclear exit and four major utilities ended
without a deal on Tuesday due to a dispute about how much money
the firms should put into a fund to cover the costs of waste
storage, sources close to the talks said.
Read more
Thailand expects new solar farms to generate $512 mln investment
project is expected to spur investment of around 18 billion baht
($512 million) this year, which should help support the slowing
economy, the country's energy regulator said on Tuesday.
Read more
Cambodia pledges support for those hit by worst drought in 50 years
Hun Sen said on Tuesday he has ordered help for those hit by the
worst drought in half a century, including bringing in water by
truck to the worst-affected regions.
Read more
UPDATE 1-UK regulator fines ScottishPower $26 mln over customer services
of 18 million pounds ($26 million) for customer service
failings, Britain's energy market regulator Ofgem said on
Tuesday, sending a strong message to energy firms about the
importance of treating consumers well.
Read more
UPDATE 2-E.ON's Uniper plans cost cuts and asset sales
(Adds company, trader quotes, background)
Read more
REFILE-German utilities should be given time to pay nuclear surcharge -report
allowed more time to pay a surcharge of some 7 billion euros
($7.9 billion) for the storage of nuclear waste from
decommissioned plants, a member of the nuclear commission said
on Tuesday.
Read more
Most Australia weather bureau models see La Nina by September
monitored by the Australian Bureau of Meteorology (BOM) now
indicate that a threshold for a La Nina weather pattern will be
breached by September, the weather agency said on Tuesday.
Read more
Ofgem fines ScottishPower 18 mln pounds over customer service failings
said on Tuesday it had ordered energy supplier ScottishPower to
pay a fine of 18 million pounds ($26 million) for customer
service failings.
Read more
UPDATE 1-Husky selling part interest in midstream assets for C$1.7 bln
Husky Energy reported a first-quarter loss on Monday
and said it has agreed to sell a partial interest in a package
of Canadian midstream energy assets to two Hong Kong-based firms
for C$1.7 billion ($1.34 billion) in cash.
Read more
Monday, April 25, 2016
Husky selling part interest in midstream assets for C$1.7 billion
said on Monday it will sell 65 percent ownership in select
midstream energy assets in Canada to Cheung Kong Infrastructure
Holdings Ltd and Power Asset Holdings Ltd
for C$1.7 billion ($1.34 billion).
Read more
UPDATE 1-Contract driller Nabors posts quarterly loss as oil tumbles
posted a quarterly loss, compared with a year-earlier
profit, as oil producers used fewer rigs amid persistently low
crude prices.
Read more
UPDATE 3-Canadian regulator approves Enbridge Line 3 with conditions
on Monday recommended the federal government approve Enbridge
Inc's plan to replace one of its major crude oil export
pipelines, but also imposed 89 conditions on the project to
enhance safety and environmental protection.
Read more
EU energy chief casts doubt on need for Nord Stream 2 pipeline
gas than it needs if the Nord Stream 2 pipeline, designed to
double the amount of gas Russia pumps to Germany via the Baltic
Sea, is built, the European Union's most senior energy official
said on Monday.
Read more
UPDATE 1-Iran in talks with Russia on heavy water sales
with Russia to sell it about 40 tonnes of heavy water from its
nuclear program, Iran's deputy foreign minister was quoted as
saying by the Fars news agency.
Read more
UPDATE 1-Bulgaria's BEH agrees 535 mln euros loan financing
has signed a 535 million euro ($602 million) bridge loan with
three international banks which is to be refinanced by a global
bond issue within a year, a senior BEH official said on Monday.
Read more
Floods cause deaths and block food aid in drought-hit Ethiopia
floods in drought-stricken parts of Ethiopia have killed people
and livestock and are blocking food aid deliveries to hungry
communities, a charity said.
Read more
Push to ward off disasters in Dhaka slum deters early marriage
families of Medical Slum, a warren of tin shacks set in the
shadow of a towering yellow-brick pharmaceutical factory, just
listing all the problems the community faces is no easy task.
Read more
UPDATE 1-China confirms to strictly control coal-fired power capacity
Monday that it would strictly control the total capacity of its
coal-fired power sector, confirming a move that had previously
been flagged by the country's energy watchdog.
Read more
Sunday, April 24, 2016
Russia's Onexim denies talks to sell media, power generating assets
manages the assets of tycoon Mikhail Prokhorov, said on Sunday
that it was not in talks to sell its RBC media group and power
generating company Quadra.
Read more
INSIGHT-Yieldcos enabled SunEdison's debt-fueled acquisition spree
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a venture it had recently spun
off.
Read more
CORRECTED-Saudi king replaces minister for water and electricity
replaced the minister for water and electricity Abdullah
al-Husayen on Saturday with Agriculture Minister Abdulrahman
al-Fadhli, who will do the job on an acting basis, state media
reported, citing a royal decree.
Read more
Saturday, April 23, 2016
Bankruptcy judge puts off decision on SunEdison independent examiner
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
Friday, April 22, 2016
UPDATE 2-TransCanada agrees to Quebec environmental review for pipeline
agreed to submit to a Quebec environmental review of
its Energy East pipeline on Friday, avoiding a potential legal
battle with the province by putting the controversial project
through an extra round of scrutiny.
Read more
UPDATE 2-EDF secures state-backed finance deal ahead of Hinkley Point decision
(Adds CEO, finance ministry source comments)
Read more
UPDATE 3-EDF secures state-backed finance deal ahead of Hinkley Point decision
(Adds CEO, finance ministry source comments)
Read more
Speculators boost U.S. natural gas net longs -CFTC
their net long positions as they bet prices will rise in future
months as production eases and demand picks up, absorbing the
record high amount of fuel left in inventories after a warm
winter.
Read more
UPDATE 1-Speculators boost U.S. natural gas net long positions -CFTC
their net long positions on a bet that prices will rise in
future months as an easing in production and pick-up in demand
combine to absorb the record high amount of fuel left in
inventories after a warm winter.
Read more
La Nina could boost outlook for some sugar, coffee crops
La Nina could be good news for coffee producers in drought-hit
Colombia where the weather pattern is associated with heavy
rains and the sugar sector in India where it may trigger a
stronger-than-normal monsoon.
Read more
EDF delays Hinkley Point decision to consult works council -Les Echos
EDF has delayed the final investment decision on its
project to build two nuclear plants in Britain till after its
May 12 shareholders meeting in order to be able to consult its
works council about the plan, financial daily Les Echos said on
its website.
Read more
UPDATE 1-EDF delays Hinkley Point decision to consult works council-sources
EDF has delayed the final investment decision on its
project to build two nuclear plants in Britain until after its
May 12 shareholders' meeting in order to consult its works
council about the plan, two sources familiar with the situation
told Reuters.
Read more
EDF threatened with possible legal challenge over Hinkley C subsidies
supplier Ecotricity on Friday threatened to take legal action
against the Hinkley C nuclear power plant in Britain if the
French government offers financial support for the project.
Read more
Cameco suspends production at its Rabbit Lake operations, cuts 500 jobs
said it is suspending production at its Rabbit Lake
operation in northern Saskatchewan, while also reducing
production across Cameco Resources' U.S. operations.
Read more
Thursday, April 21, 2016
SunEdison seeks examiner to probe recent transactions
bankruptcy judge on Thursday to appoint an independent examiner
to review recent transactions, although the company said it is
not aware of any particular wrongdoing.
Read more
UPDATE 4-Solar developer SunEdison in bankruptcy as aggressive growth plan unravels
fastest-growing U.S. renewable energy company, filed for Chapter
11 bankruptcy protection on Thursday after a short-lived but
aggressive binge of debt-fueled acquisitions proved
unsustainable.
Read more
UPDATE 1-Venezuela announces daily, nationwide power cuts on drought
electricity supplies amid a prolonged drought that has limited
power generation, the electricity minister said on Thursday, an
unpopular measure for a population already struggling to obtain
food and medicine.
Read more
EDF names new finance director as Hinkley Point controversy continues
on Thursday named Xavier Griffe as its new finance
director, replacing Thomas Piquemal, who quit in March over
concerns the Hinkley Point nuclear project in the UK would
overstretch the company's balance sheet.
Read more
Atlantic City water utility cut to junk on restructuring concern-S&P
water utility had its credit rating downgraded four notches to
junk on Thursday because of uncertainty about whether it would
be dissolved or restructured to generate money for the nearly
insolvent New Jersey city.
Read more
Britain's National Grid to pay firms to use power this summer
be paid to use electricity under a scheme National Grid will
launch next month aimed at balancing the system in summer, when
output is high from renewable energy sources such as wind and
solar.
Read more
UPDATE 1-German commission eyes 7 bln euro surcharge for nuclear storage
come up with a further 7 billion euros ($8 billion) to remove
unwanted long-term liability for the storage of nuclear waste
from decommissioned plants, sources familiar with the plans told
Reuters.
Read more
Zika, dengue fever pose "immediate threat" in quake-hit Ecuador-charity
M osquito-borne diseases including the Zika virus and dengue
fever pose an "immediate threat" to survivors of the devastating
earthquake that hit Ecuador four days ago, an international
charity said on Thursday.
Read more
German commission eyes 24 bln eur payment for nuclear waste storage-sources
to apportion the costs of Germany's nuclear exit wants operators
to pay about 24 billion euros ($27.22 billion) into a state-run
fund for the end and intermediate storage of radioactive waste,
sources familiar with the plans told Reuters.
Read more
UPDATE 7-Three Michigan officials charged in Flint toxic water crisis
local officials were criminally charged on Wednesday in an
investigation into dangerous lead levels in the city of Flint's
drinking water, and the state attorney general said there would
be more charges to come.
Read more
Anglo should work with Eskom on South African coal asset sales- Eskom executive
should work with Eskom on its plans to sell local coal assets
because the South African power utility owns part of the mines,
a senior Eskom executive said on Thursday.
Read more
Wednesday, April 20, 2016
UPDATE 3-At least 8 dead in Houston-area floods, more rain falls
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in the region on Wednesday adding to vast
pools of standing water.
Read more
UPDATE 1-Axpo looks to sell three power plants in Italy - sources
Group is looking to sell its holdings in three gas power plants
in Italy, two sources said on Wednesday.
Read more
CORRECTED-(OFFICIAL)-UPDATE 2-At least 8 dead in Houston-area floods; more rain forecast
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week,
officials said on Wednesday, as forecasts called for more rain.
Read more
UPDATE 2-U.S. Senate passes bill to bolster power grid, speed LNG exports
first broad energy bill in nine years on Wednesday, legislation
containing modest measures popular with both Republicans and
Democrats to modernize the power grid and speed the permitting
process for liquefied natural gas exports.
Read more
Brazil energy minister to quit Rousseff gov't, return to Senate
Minister Eduardo Braga said on Wednesday he is leaving the post
to retake his seat in the Senate as the upper chamber of
Congress prepares to vote on the impeachment of President Dilma
Rousseff next month.
Read more
U.S. Senate passes energy bill to bolster power grid, speed LNG exports
first energy bill in nine years on Wednesday, legislation that
contains modest measures popular with both Republicans and
Democrats to modernize the power grid and speed the permitting
process for liquefied natural gas exports.
Read more
UPDATE 1-At least 8 killed in Houston floods, 1,150 homes damaged
been killed and some 1,150 residences damaged by floods in
Houston this week that caused high water to spill on to roads
and into scores of neighborhoods in the fourth most populous
U.S. city, officials said on Wednesday.
Read more
RPT-Criminal charges coming on Wednesday over Flint water -report
announce criminal charges on Wednesday connected to his
investigation into dangerous levels of lead in Flint's drinking
water, the Detroit Free Press reported on Tuesday.
Read more
Singapore fund GIC to buy stake in US power group ITC for $1.23 bln
fund GIC has struck a deal with Canadian utility Fortis
Inc to buy a 19.9 percent stake in ITC Holdings Corp for
$1.23 billion.
Read more
UPDATE 2-RWE boss faces environmental protest, investor anger
(Adds further comments by CEO, shareholder)
Read more
Houston schools to reopen Wednesday but flood warnings not yet lifted
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth most populous city.
Read more
Thai coal miner Banpu makes first investment in U.S. shale
Thailand's largest coal miner, said on Wednesday it had spent
$112 million to buy a 29.4 percent stake in the Chaffee Corners
Joint Exploration Agreement (JEA), a shale gas operation in the
U.S. state of Pennsylvania.
Read more
Tuesday, April 19, 2016
S.Korea won, stocks strengthen on oil bounce
* FX ahead of U.S. currency report
SEOUL, April 20 (Reuters) - The South Korean won and
shares firmed on Wednesday morning as risk appetite
strengthened, boosted by a rise in global oil prices overnight
despite wider volatility in the market.
The won was trading at 1,131.4, up 0.4 percent
compared with Tuesday's close of 1,136.3 as of 0155 GMT, having
touched its highest level since early November last year earlier
in the session.
"The U.S.'
Read more
Air quality in eastern China improves but slips elsewhere - Greenpeace
China continued to improve in the first quarter, but smog
worsened in central and western regions, Greenpeace said in a
report on Wednesday after analysing government data for 362
cities.
Read more
Colombia's Santos names Arce as energy minister
on Tuesday named German Arce as mines and energy minister,
replacing Tomas Gonzalez who resigned amid an energy crisis that
has left the country on the verge of electricity rationing.
Read more
Criminal charges coming on Wednesday over Flint water - report
announce criminal charges on Wednesday connected to his
investigation into dangerous levels of lead in Flint's drinking
water, the Detroit Free Press reported on Tuesday.
Read more
UPDATE 2-Six dead as Houston floods threaten area; schools, Exxon campus close
second straight day on Tuesday and Exxon Mobil Corp sent
employees home early as a precaution against rain that sent
rivers flooding streets, left six dead and led to more than
1,000 water rescues in the country's fourth most populous city.
Read more
Total targets gas, renewables and power expansion
announced the creation of a gas, renewables and power
division on Tuesday, which it said will help drive its ambition
to become a top renewables and electricity trading player within
20 years.
Read more
UPDATE 2-EDF staff investors demands France buys out minorities in nuclear dispute
(Adds detail on dividend, EDF no comment)
Read more
EDF staff shareholders demand France buys out minorities
shareholders of EDF has asked French regulator AMF to oblige the
French state to launch a 32 euros per share bid for the utility
to buy out minority shareholders.
Read more
YOUR MONEY-Shedding light on the cost of going solar
the environment, few steps could signal it any louder than
putting solar panels on the roof of your house.
Read more
Schools closed as Houston cleans up for floods that killed five
and cleanup was underway in Houston on Tuesday, a day after
record rains hits the fourth most populous U.S. city, causing
floods that left five dead and led to more than 1,000 water
rescues.
Read more
U.S. top court rules against Maryland over power plant subsidies
Tuesday ruled against Maryland in its bid to revive a program to
subsidize natural gas-fired electricity plant construction to
serve the power needs of its residents in a case weighing state
versus federal authority.
Read more
UPDATE 1-France's Engie looks to sell Polish coal-fired power plant
wants to sell its Polaniec coal-fired power plant,
the company said on Tuesday, confirming a report in a Polish
newspaper.
Read more
Russian PM orders state firms to spend 50 pct of profits on dividends
Medvedev on Tuesday ordered state companies to spend 50 percent
of their profits on dividend payouts in 2016, according to a
document published on the government website.
Read more
RPT-California governor, agencies face legal claims in gas blowout
homeowners who live near the site of the worst U.S. methane leak
have filed claims against state regulators and the governor,
seeking $3.5 million each in damages for government failures
they blame for the gas blowout.
Read more
Japan quake survivors struggle with shortages, search for missing goes on
Japanese quakes measuring up to 7.3 struggled on Tuesday with
shortages of food and water as the death toll rose to 44 and
rescuers dug through mud and rubble for the missing, but hopes
dimmed of finding them alive.
Read more
Monday, April 18, 2016
Australia shares rally on commodities, NZ hits yet another record high
climbed to a 3-1/2-month high on Tuesday, while New Zealand
stocks reached another record after a sudden reversal higher in
oil prices whetted appetite for risk assets from equities to
commodity currencies.
Read more
California governor, agencies face legal claims in gas blowout
homeowners who live near the site of the worst U.S. methane leak
have filed claims against state regulators and the governor,
seeking $3.5 million each in damages for government failures
they blame for the gas blowout.
Read more
RPT-Australia state bans underground coal gas drilling
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
French nuclear watchdog says investigating falsified engineering reports
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
French nuclear watchdog says investigating falsified engineering reports
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
UPDATE 1-French government to discuss Hinkley Point project this week
Hollande will host a working meeting on state-controlled utility
EDF at the Elysee Palace on Wednesday morning, a source
at the presidential office told Reuters on Monday.
Read more
Child malnutrition soars in northern Somalia due to severe drought
malnutrition rates are soaring in northern Somalia, where the
harshest drought in decades has ravaged crops and livestock, and
aid workers fear hunger will worsen with further poor rains
predicted.
Read more
Berlin to take stake in local gas supplier GASAG
of Berlin plans to take a majority stake in the capital's gas
network as part of a broader ownership change at natural gas
supplier GASAG that will push out existing shareholders
Vattenfall and Engie.
Read more
UPDATE 1-Vattenfall sells German lignite assets to Czech EPH
(Adds EPH, Vattenfall quotes, details)
Read more
UPDATE 1-Sweden's housing minister resigns over Israel comments
Mehmet Kaplan, resigned on Monday partly over comments he made
seven years ago comparing Israel's treatment of Palestinians to
the plight of Jews in Nazi Germany, increasing pressure on an
already unpopular government.
Read more
Vattenfall agrees sale of German lignite assets to EPH
Vattenfall said on Monday it had agreed to sell its
loss-making lignite coal mines and associated power plants in
Germany to Czech investor EPH.
Read more
Australia state bans underground coal gas drilling
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
Britain's Centrica loses more customers in first quarter
supplier Centrica said on Monday it had lost another 1.5
percent of its home energy accounts in the first quarter,
highlighting the company's market share continues to be under
severe pressure from rivals.
Read more
China launches pollution probe after hundreds of students fall sick
launched an investigation after a report that hundreds of
children attending a language school built near a polluted
former industrial site developed health problems, including
cancer, state news agency Xinhua reported on Monday.
Read more
Sunday, April 17, 2016
UPDATE 1-Japan declares nuclear reactors safe after quake
Monday said there is no need to shut down the country's only
operating nuclear station on southwestern Kyushu island, where a
series of quakes killed more than 40 people and damaged
infrastructure.
Read more
Japan nuclear regulator says monitoring quake situation
Monday it is monitoring nuclear plants closely after a series of
earthquakes on southwestern Kyushu island killed more than 40
people and damaged infrastructure.
(Reporting by Osamu Tsukimori; Writing by Aaron Sheldrick;
Editing by Stephen Coates)
Read more
UPDATE 1-One dead, Seven missing after storms wreak havoc in central Chile
Chile over the weekend, leaving one person dead, seven missing
and millions without drinking water as landslides caused havoc
and rivers breached their banks.
Read more
Italy drilling referendum fails to draw necessary quorum -initial data
Italy's offshore oil and gas industry was sunk on Sunday when it
failed to secure the necessary quorum, with a majority of voters
shunning the ballot, initial official data showed.
Read more
Heavy rains in central Chile affect millions, hit copper output
Chile have left an estimated 4 million people without drinking
water as landslides wreaked havoc and rivers breached their
banks, leaving at least one person dead and closing the world's
largest copper mine.
Read more
RPT-Poland feels the pain of its love affair with coal
region of Silesia has been at the heart of Poland's love affair
with coal as a source of pride and heroism.
Read more
UPDATE 1-Italians go to polls for drilling referendum Renzi did not want
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
Italians go to polls for drilling referendum Renzi did not want
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
Brexit would weaken EU's front against Russia - UK's Europe minister
European Union in the British referendum would weaken the
bloc's efforts to maintain a determined front against Russian
aggression, Britain's Europe minister said on Saturday.
Read more
Saturday, April 16, 2016
UPDATE 5-SunEdison to file for bankruptcy as early as Sunday night -source
is preparing to file for bankruptcy as early as the
evening of April 17, a person familiar with the matter said on
Friday, nine months after its market value had reached $10
billion.
Read more
Friday, April 15, 2016
UPDATE 1-U.S. natural gas speculators trim net longs -CFTC
their bullish bets just one week after they switched their
positions from net short to net long for the first time since
2014.
Read more
UPDATE 2-Russian security service says searches of tycoon's office related to rescued bank
enforcement officials in offices of Russian tycoon Mikhail
Prokhorov on Thursday were related to an investigation over a
bank bailed out by one of his firms, the Federal Security
Service said on Friday.
Read more
Russian security service gets data on tax violation in searches of Onexim - Interfax
Service has received data on tax law violations at some firms
after searching the Moscow office of Onexim Group, which manages
assets of tycoon Mikhail Prokhorov, Interfax news agency quoted
the service as saying on Friday.
Read more
Poland feels the pain of its love affair with coal
region of Silesia has been at the heart of Poland's love affair
with coal as a source of pride and heroism.
Read more
French industry body backs ambitious renewable energy targets
increased draft government targets for onshore wind energy
capacity ahead of their final publication.
Read more
WRAPUP 1-U.S. industrial output falls, signals weak Q1 GDP growth
fell more than expected in March as manufacturing and mining
production decreased, the latest indication that economic growth
braked sharply in the first quarter.
Read more
Serbia arrests 49 in anti-corruption sweep
people, including officials from ministries and state-owned
firms, on suspicion of corruption and abuse of office on Friday
as part of an anti-graft drive that has gained momentum before
this month's election.
Read more
Kremlin says no political agenda behind search of tycoon's offices
to do with law enforcement searches of the offices of Russian
tycoon Mikhail Prokhorov and that there was no connection
between the searches and articles published by the RBC media
group which Prokhorov controls.
Read more
BC Partners sounds out potential Asian buyers for German transformer maker SGB -sources
is sounding out potential buyers for its German power
transformer maker SGB-SMIT, four years after a sale to China's
State Grid was halted by political intervention, three people
familiar with the matter said.
Read more
Farm technology helps clean up Nairobi's drinking water
S amuel Kinuthia knows how to make the most of technology. Using
a technique called basin terracing, he has boosted his income at
his farm in Murang'a county, and helped provide Kenyans as far
away as Nairobi with better access to clean drinking water.
Read more
UPDATE 2-Aftershocks rattle southwestern Japan after quake kills nine
Japan on Friday after a strong quake the night before killed
nine people, injured at least 1,000 and cut power and water
across the region, forcing the temporary shutdown of several
auto and electronics factories.
Read more
Thursday, April 14, 2016
REFILE-Strong quake in Japan kills at least nine, nuclear plants safe
and nearly 1,000 injured after a strong quake hit southwestern
Japan, toppling houses and leaving thousands without power, but
no problems were reported at nuclear plants in the area.
Read more
Japan's CO2 emissions fall to 3-year low in 2014/15 fiscal year
fell 3.1 percent to a three-year low in the fiscal year ended
March 2015, due to reduced power demand and growing use of
renewables, revised government figures showed on Friday.
Read more
UPDATE 1-Venezuela to ration malls, change clocks, to save power
on Thursday punitive electricity rationing would be imposed on
15 shopping malls and drought-hit Venezuela's time zone would
also be modified to save power.
Read more
RPT-Global LNG producers look to open new markets to soak up surplus
liquefied natural gas (LNG) are investing in ship-fuelling
operations, floating import terminals and power plants to open
new markets and keep from drowning in a fuel surplus expected to
last into the next decade.
Read more
Venezuela to ration power at malls in latest anti-drought move
Maduro said on Thursday power rationing would be imposed on 15
shopping malls whose owners had failed to install electricity
generators despite a severe drought.
Read more
Development banks urged to put more energy into power for poor
Bank and other major development banks are investing far too
little in getting electric power to poor people around the
globe, and should allocate at least half their energy budgets to
such projects, environmental groups said on Thursday.
Read more
Total to create gas, renewables, power division - CFDT union
will on April 19 present a new company structure that
creates a Gas, Renewables and Power division as it seeks to push
further into cleaner fuels and power, the CDFT trade union said
on Thursday.
Read more
UPDATE 3-Strong quake hits Japan, nuclear plants safe, dozens injured - media
southern Japan on Thursday, bringing down some buildings and
injuring dozens of people, local media reported, but the nuclear
regulator reported no problems at power plants.
Read more
UPDATE 1-SunEdison in talks to sell Indian solar stakes to Fortum - sources
talks to sell minority stakes in its Indian solar projects to
Finland's Fortum, two sources said, as the U.S. firm
seeks funds to finish proposed plants in India amid concerns
about its finances at home.
Read more
UPDATE 2-Russian security service searches office of tycoon Prokhorov - sources
Service and tax inspectors on Thursday searched the offices of
Mikhail Prokhorov, a tycoon whose newspaper has published
revelations about people close to Vladimir Putin, four sources
close to his businesses said.
Read more
Global LNG producers look to open new markets to soak up surplus
liquefied natural gas (LNG) are investing in ship-fuelling
operations, floating import terminals and power plants to open
new markets and keep from drowning in a fuel surplus expected to
last into the next decade.
Read more
Bangladesh set to pursue coal-power push despite opposition
government of Bangladesh has indicated it is unlikely to abandon
its push to build more coal-fired power plants despite growing
opposition among local people and environmentalists.
Read more
UPDATE 1-Finland's TVO seeks licence for delayed nuclear plant
(TVO) applied for an operating licence for the Olkiluoto 3
nuclear reactor on Thursday, taking aim at a 2018 start-up, nine
years later than planned.
Read more
Finland's TVO applies for delayed Olkiluoto nuclear plant licence
Voima (TVO) has applied for an operating licence for its
much-delayed Olkiluoto 3 nuclear reactor, saying it is on track
to start production in late 2018.
Read more
Wednesday, April 13, 2016
Brazil's CPFL CEO Ferreira to retire; Dorf tapped as replacement
largest non-government power holding company, said on Wednesday
that Wilson Ferreira Jr will step down as chief executive
officer on July 1, after 18 years at the helm of the group and
some subsidiaries.
Read more
UPDATE 1-North Dakota oil output dips slightly for February
output fell 3,000 barrels per day in February even as producers
brought some wells online to generate cash despite low prices,
the state's energy regulator said on Wednesday in another sign
of the resilience of U.S. shale output.
Read more
Edison International wins dismissal of U.S. lawsuit over 401(k) plan
dismissed a lawsuit by Edison International employees in
California who accused the utility of favoring higher-cost
mutual funds over lower-cost ones in its retirement plan,
despite a U.S. Supreme Court ruling backing the workers.
Read more
UPDATE 2-Earthquake hits Myanmar, no immediate reports of major damage
of 6.9 struck northwestern Myanmar on Wednesday, the U.S.
Geological Survey (USGS) said, sending strong tremors through
Myanmar, eastern India, Bangladesh and parts of Nepal.
Read more
UPDATE 1-No deal yet on German nuclear exit costs - sources
(Recasts, adds further details, share reaction)
Read more
Italy to send special mission of lenders to Iran
of euros of trade deals signed with Iran this year by sending a
special mission to discuss how to fund and process them, Prime
Minister Matteo Renzi said on Wednesday in Tehran.
Read more
France's Total to broaden LNG cooperation with Korea Gas
said on Wednesday that it signed an agreement with
Korea Gas to extend the cooperation in their
liquefied natural gas (LNG) businesses.
Read more
UPDATE 2-Peabody, world's top private coal miner, files for bankruptcy
world's largest privately owned coal producer, filed for U.S.
bankruptcy protection on Wednesday in the wake of a sharp fall
in coal prices that left it unable to service a recent
debt-fueled expansion into Australia.
Read more
France's Total CEO: priority in getting back into Iran is gas
Total SA said on Wednesday that the company's priority
on getting back into Iran's energy sector was gas and
petrochemicals
Read more
Peabody, world's top private coal miner, files for bankruptcy
world's largest privately owned coal producer, filed for U.S.
bankruptcy protection on Wednesday in the wake of a sharp fall
in coal prices that left it unable to service a recent
debt-fueled expansion into Australia.
Read more
Tuesday, April 12, 2016
SunEdison financial woes also threaten yieldcos that hold assets
bankruptcy for solar giant SunEdison Inc also threatens
the separate companies it created to hold renewable energy
assets - the so-called "yieldcos."
Read more
Warnings of Southern California blackouts called misleading
officials intent on reopening a major natural gas storage field
idled by the country's worst-ever methane leak have resorted to
scare tactics in raising the prospect of looming power outages
in Los Angeles, utility critics said on Tuesday.
Read more
UPDATE 1-Engie, Gazprom agree on long-term gas price revision
and Russia's Gazprom Export have agreed to
adapt the price of long-term gas supply contracts to fit market
conditions, Engie said in a statement on Tuesday.
Read more
World Bank urges reconstruction strategy as way to foster peace in Syria
should support an ambitious reconstruction plan in order to help
foster a sustainable peace in Syria, the World Bank said on
Tuesday.
Read more
UPDATE 1-Czech energy group EPH to float stake in infrastructure unit
(Adds details on dividend, debt, direct sale option)
Read more
China to release more water to alleviate Southeast Asia drought
from a dam in its southwestern province of Yunnan to help
alleviate a drought in parts of Southeast Asia, China's Foreign
Ministry said on Tuesday, following an initial release begun
last month.
Read more
Thailand sees tourism revenue rising 10 pct during Songkran festival
generate revenues of 15 billion baht ($428.08 million) during
the three-day Songkran festival, some 10 percent more than last
year, the country's tourism minister said on the eve of the
water festival.
Read more
Czech energy group EPH to float stake in infrastructure unit
planning to sell a minority stake in its newly-created EP
Infrastructure (EPIF) business on the stock market by the end of
June, the company said on Tuesday.
Read more
UPDATE 1-Indonesia's Pertamina plans to develop South China Sea border areas
plans to explore for oil and gas in areas close to
Indonesia's maritime border in the South China Sea to assert the
country's territorial rights, the upstream director of the
state-owned company said.
Read more
Argentina aims for $5 bln investment in renewable energy by 2018
$5 billion in investments in renewable energy by 2018 with the
goal of reducing its energy deficit, a government official told
Reuters, as hopes for near-term increased output from the Vaca
Muerta shale field fade.
Read more
Monday, April 11, 2016
German nuclear commission to decide on recommendations at end of April-source
protecting funds needed for closing down Germany's nuclear
plants wants to decide on recommendations for the government at
the end of April instead of this week, a commission source said.
Read more
UPDATE 4-CP Rail mulls buyback, dividend after dropping Norfolk bid -CEO
Railway Ltd Chief Executive Hunter Harrison on Monday
said the company would consider using cash once planned to
acquire rival Norfolk Southern Corp for a potential
buyback, dividend, or combination of both.
Read more
Boko Haram violence, climate change drive hunger in north Cameroon
H arvesting a crop in Cameroon's Far North Region is becoming an
increasingly uncertain proposition.
Read more
UPDATE 1-Tokyo Gas, Kansai Electric in LNG procurement partnership
supplier Tokyo Gas and second-biggest power utility
Kansai Electric Power Co said on Monday they will
partner up on liquefied natural gas (LNG) purchases and share
technology for gas-fired power plants.
Read more
Japan March average spot LNG arrival price falls to $6.80/mmBtu
natural gas LNG spot cargoes arriving in Japan in March fell by
10 cents from February to $6.80 per million British thermal
units (mmBtu), the lowest since the trade ministry started
publishing figures two years ago, official data showed.
Read more
Sunday, April 10, 2016
Israel to cut carbon emissions, sees $8 billion economic boost
unanimously approved a plan for reducing greenhouse gases and
increasing energy efficiency to benefit the economy.
Read more
Protesters against Bangladesh power plant give two weeks for demands to be met
construction of a Chinese-backed, coal-fired power plant in
Bangladesh agreed on Sunday to halt their activities for 15
days, defusing tensions after four demonstrators were killed
last week.
Read more
Russia's Gazprom says won't share its Europe-bound gas export monopoly -RIA
Russia's top oil producer Rosneft to export gas to
Europe would not be in Russia's national interest, RIA news
agency quoted Russian gas export monopoly Gazprom as
saying on Saturday.
Read more
Saturday, April 9, 2016
Financial turmoil at SunEdison imperils solar projects worldwide
giant SunEdison Inc reported that its project pipeline
had grown by 75 percent in just a year, the result of an
aggressive growth strategy.
Read more
Friday, April 8, 2016
UPDATE 2-Speculators switch to natgas net long for first time since 2014 - CFTC
their positions from net short to net long for the first time
since December 2014 as the market focuses on higher prices
related to a brief increase in heating demand during a lingering
cold spell in April.
Read more
Speculators switch to net long for first time since 2014 - CFTC
their positions from net short to net long for the first time
since December 2014 as the market focuses on higher prices
related to a brief increase in heating demand during a lingering
cold spell in April.
Read more
Westar Energy draws takeover interest from Ameren, investor consortium - Bloomberg
power company in Kansas, has drawn takeover interest from Ameren
Corp as well as an investor consortium, Bloomberg
reported on Friday, citing people familiar with the matter.
Read more
UPDATE 2-Lyondell cuts output at Houston refinery after fire -sources
LyondellBasell Industries' 263,776 barrels-per-day Houston
refinery on Friday, forcing the company to cut output as much as
25 percent as it will take up to a month to fix a damaged coker,
sources familiar with operations told Reuters.
Read more
Hyundai recalls 173,000 Sonata cars in U.S. - filing
173,000 model year 2011 Sonata cars in the U.S. market for a
potentially defective power steering system, U.S. safety
officials said in a filing on Friday.
Read more
"Sludge" can help China curb emissions and power cities, says think tank
its greenhouse gas emissions and generate electricity by
treating the 30 million tonnes of sludge its wastewater plants
produce each year, the think tank World Resources Institute
(WRI) said.
Read more
SoCal Gas sees partial restart of crippled storage field this summer
aims to partially restore operations at its crippled
Aliso Canyon storage field by late summer, but the facility,
scene of the worst-ever U.S. methane leak, will probably take a
year to reopen fully, utility officials said on Thursday.
Read more
EPH to acquire Vattenfall's German lignite coal assets -sources
set to acquire Vattenfall's loss-making German lignite
coal mines and associated power plants in Germany, three people
familiar with the matter said on Friday.
Read more
Thursday, April 7, 2016
Venezuela public sector workers to get Fridays off until drought ebbs
that public sector employees, save those in the food industry,
would receive Fridays off until a drought stops hurting
hydropower generation.
Read more
Ukraine says Moscow shuns offer of EU-brokered gas talks
from the European Commission to broker new gas supply talks
between Moscow and Kiev, the CEO of Ukraine's state oil firm
Naftogaz said on Thursday.
Read more
Engineering, technology firms see silver lining to copper slump
companies servicing the mining industry see a silver lining to
the crippling rout in copper prices: new business opportunities
have opened up for improving productivity as producers rush to
rein in costs.
Read more
India expands natgas sales network to lure motorists, curb pollution
network of fuel stations selling compressed natural gas (CNG) to
encourage motorists in the national capital to switch to the
cleaner, cheaper fuel and curb emissions.
Read more
Pipeline, utility deals fuel jump in Canadian M&A activity
sector and a major cross-border pipeline transaction helped
drive the volume of Canadian M&A activity up 48 percent in the
first quarter of 2016, even though the number of deals declined.
Read more
Enel still talking to Telecom Italia over fibre broadband plans
is still talking to Telecom Italia over its
plans to help build a national high-speed fibre-optic broadband
network, Enel's chief executive said on Thursday.
Read more
Reuters Business News Schedule at 1230 GMT/0830 AM ET
uncertain and there are questions about Europe's ability to
weather new shocks, the president of the European Central Bank
says in its annual report. (ECB-POLICY/CHALLENGES (UPDATE 1),
moving shortly, by Francesco Canepa and John O'Donnell, 355
words)
Read more
Brazil's Eletrobras approves 1 bln real capital injection by government
holding Centrais Eletricas Brasileiras SA, commonly
known as Eletrobras, said on Thursday its board had approved a
1-billion-real capital injection ($275 million) to be made by
the government.
Read more
Bangladesh suspends work on power plant after demonstrators killed
suspended work on a planned Chinese-backed coal-fired power
plant after four demonstrators opposing its construction were
killed earlier this week, a senior company official said on
Thursday.
Read more
EU watchdog expands oversight of energy market trading
on Thursday to amass information about all so-called
over-the-counter trades in the region's energy markets in a bid
to crack down on suspected price manipulation.
Read more
China urges power firms to sign long term contracts with coal miners
power plants to negotiate long-term supply contracts with coal
producers in a bid to stabilise the market and ease pressure on
the country's loss-making miners, according to a draft document
seen by Reuters.
Read more
COLUMN-LNG can follow oil's footsteps, but not all of the way: Russell
liquefied natural gas (LNG) market become much more like crude
oil, with deep and liquid futures contracts coupled with
unrestricted trade between producers, buyers and traders?
Read more
Venezuela decrees Fridays a holiday to ease energy crisis
Maduro has decreed that all Fridays for the next two months will
be holidays, in a bid to save energy in the blackout-hit OPEC
country.
Read more
Wednesday, April 6, 2016
RPT-UPDATE 1-Chevron's $3 bln Asian geothermal assets to draw global suitors-sources
and Japan's Marubeni are among several
suitors preparing to bid for Chevron Corp's Asian
geothermal energy blocks valued at about $3 billion, sources
familiar with the matter said.
Read more
UPDATE 1-Brazil wants Samarco to stop leaks before operations resume
will not receive Brazilian government authorization to resume
iron ore mining operations at the site of a dam burst that
killed 19 people until leaks of tailings are stopped,
environmental protection officials said on Wednesday.
Read more
St. Louis-area voters pass $900 mln bonds for sewer fix
District will begin tapping into $900 million of new revenue
bond authorization starting in 2017, a spokesman for the utility
said on Wednesday.
Read more
SunEdison setback may delay Modi's "ultra mega" solar drive in India
Inc's solar project in India, the first of 32 planned
"ultra mega" complexes, could delay Prime Minister Narendra
Modi's goal to increase renewable energy fivefold by several
years and probably cost consumers more.
Read more
Paris suburb Issy pilots urban smartgrid
construction companies have launched what they say is the first
urban neighbourhood smartgrid in France to test new power
network technologies.
Read more
Plunge of solar stocks takes down yieldcos but brings in contrarians
developer SunEdison Inc is pulling down so-called
yieldcos, once thought of as a safer way to invest in the
notably volatile renewable energy industry, and bringing in
income-oriented fund managers who say they are picking up shares
at a bargain.
Read more
UPDATE 1-EDF's FO union threatens strike over Hinkley Point project
threatened to launch a strike if the French utility decides to
go ahead with its project to build two nuclear reactors in
Britain.
Read more
UPDATE 3-South Africa says nuclear project delayed, not stalled
(Recasts with energy department comments)
Read more
IMF says supply-side reforms can help beat sluggish growth
Fund offered a solution to persistently sluggish economic growth
on Wednesday that included proposals to deregulate product
markets and adopt policies to boost labor market participation.
Read more
RPT-Half of natural World Heritage sites at risk from industry - WWF
and logging threatens almost half of the world's natural World
Heritage sites, from Australia's Great Barrier Reef to the Inca
citadel of Machu Picchu in Peru, the WWF conservation group said
on Wednesday.
Read more
UPDATE 1-Court dismisses EnBW claim over nuclear moratorium
(Adds court's reasoning for dismissal of suit)
Read more
UPDATE 1-French minister questioned SocGen over Panama Papers
Sapin said on Wednesday he had questioned the head of Societe
Generale bank about its record creating shell
companies and opening client accounts in Panama.
Read more
UPDATE 1-China says business spats with Myanmar can be resolved
resolve business disagreements with Myanmar through friendly
talks, Foreign Minister Wang Yi said after meeting his
counterpart Aung San Suu Kyi, amid pressure from China to resume
a stalled $3.6-billion dam project.
Read more
Egypt's debts to foreign oil companies up to $3.2 bln - petro ministry official
foreign oil companies rose to $3.2 billion at the end of March
from $3 billion at the end of December, an official at the
ministry of petroleum told Reuters on Wednesday.
Read more
Fighting erupts near power lines to Afghan capital - officials
Afghan government forces and Taliban militants in an area in the
north where battles destroyed power lines early this year,
officials said on Wednesday.
Read more
China says business spats with Myanmar can be resolved
resolve business disagreements with Myanmar through friendly
talks, Foreign Minister Wang Yi said after meeting his
counterpart Aung San Suu Kyi, amid pressure from China to resume
a stalled $3.6-billion dam project.
Read more
A2A raises spending and dividends as reshape goes ahead
A2A has earmarked 2.2 billion euros ($2.5 billion) for
investments to 2020 as it presses ahead with plans to close down
unprofitable power plants and focus on waste and grid
businesses.
Read more
Tuesday, April 5, 2016
Half of natural World Heritage sites at risk from industry - WWF
and logging threatens almost half of the world's natural World
Heritage sites, from Australia's Great Barrier Reef to the Inca
citadel of Machu Picchu in Peru, the WWF conservation group said
on Wednesday.
Read more
Japan court rejects appeal on Kyushu Electric reactors, keeping them in operation-NGO
rejected an appeal that would have led to the shutdown of
reactors operated by Kyushu Electric Power, the
country's only operating units, a non-governmental group opposed
to atomic power told Reuters.
Read more
UPDATE 3-California seeks to avoid power outages after Aliso Canyon gas leak
greater Los Angeles area face up to 14 days of natural gas
shortages severe enough to cause blackouts this summer in the
aftermath of the months-long methane leak at the Aliso Canyon
gas storage field, state energy regulators warned on Tuesday.
Read more
UPDATE 1-China State Grid officials visit Abengoa's Brazil assets for sale -sources
State Grid visited energy transmission projects in
Brazil under construction by Abengoa SA to evaluate the
merits of a takeover of the assets that had stalled last year
when the Spanish firm ran into financial problems, two sources
confirmed on Tuesday.
Read more
UPDATE 1-EDF's Chinese partner will share Hinkley Point risk-Levy
(Adds Levy comments about CGN risk, foreign investment)
Read more
EDF chief Levy says will not delay Hinkley Point
EDF will not delay its project to build two nuclear reactors in
Britain, Chief Executive Officer Jean-Bernard Levy told French
parliament on Tuesday.
Read more
France's Royal offers nuclear plant site for Tesla factory
Royal has suggested to Tesla founder Elon Musk that he
builds an electric car factory on the site of France's oldest
nuclear reactor after it closes at the end of the year, AFP
reported on Tuesday.
Read more
Total says costs still unacceptably high in oil and gas
make further serious cost cuts and should work together to
generate further savings to weather the current difficult
downturn, Total's executive Arnaud Breuillac said on
Tuesday.
Read more
RPT-Oil glut up close: How Cushing copes with full crude tanks
small Oklahoma town, the 300 steel oil storage tanks that dot
the landscape appear filled to the brim, their floating lids
bobbing atop more than 65 millions of barrels of oil.
Read more
UPDATE 1-Turkey's Sabanci says to sell stake in Enerjisa businesses before IPO
to sell a minority stake in the electricity distribution and
energy retail businesses of its Enerjisa subsidiary to cut debt
ahead of Enerjisa's initial public offering, a senior executive
said on Tuesday.
Read more
Suu Kyi's state counselor bill passes vote despite military protest
made clear their opposition to a bill to create a powerful new
presidential advisory role for Aung San Suu Kyi on Tuesday by
refusing to take part in a lower house of parliament vote on it.
Read more
PGNiG mulls selling gas outside Poland, wants to lower import costs
PGNiG plans to sell natural gas on foreign markets and
wants to renegotiate its long-term supply contracts to reduce
import costs, it said in a strategy update released late on
Monday.
Read more
Oil glut up close: How Cushing copes with full crude tanks
small Oklahoma town, the 300 steel oil storage tanks that dot
the landscape appear filled to the brim, their floating lids
bobbing atop more than 65 millions of barrels of oil.
Read more
Monday, April 4, 2016
Drought rules pushed Californians to cut water use by nearly 25 pct
businesses in drought-stricken California cut back water use by
nearly 25 percent from June 2015 through the end of February
2016 - enough to supply nearly 6 million people for a year,
officials said Monday.
Read more
Three demonstrators killed in clash over planned power plant in Bangladesh
Monday when Bangladeshi riot police fired shots after coming
under attack from demonstrators in a disturbance over a planned,
Chinese-built power plant, authorities said.
Read more
UPDATE 2-France to launch third offshore wind tender
for turbines for a third offshore wind farm, the country's
energy minister said on Monday, to be built off the northern
harbour of Dunkirk.
Read more
EU struggles with clean-up costs of ageing nuclear plants
aside just over half of the 253 billion euros needed to
dismantle old nuclear plants and manage waste, although the
shortfall could shrink as the lifetime of some reactors is
extended, EU regulators said on Monday.
Read more
UPDATE 2-TerraForm Global sues SunEdison, says misappropriated $231 mln
on Monday sued controlling shareholder SunEdison Inc for
misappropriating $231 million of TerraForm Global's cash, days
after hedge fund billionaire David Tepper made similar
accusations against the struggling renewable energy company.
Read more
RPT-UPDATE 1-France to launch third offshore wind tender
to build turbines for the country's third offshore wind farm,
Energy Minister Segolene Royal said in a statement on Monday.
Read more
UPDATE 2-TerraForm Global gets more time to file annual report
troubled U.S. solar energy company SunEdison Inc, said
on Monday its lenders had agreed to a one-month extension to
file its annual report, after the company missed a March 30
deadline.
Read more
UPDATE 1-France to launch third offshore wind tender
to build turbines for the country's third offshore wind farm,
Energy Minister Segolene Royal said in a statement on Monday.
Read more
TerraForm Global gets more time to file annual report
troubled U.S. solar energy company SunEdison Inc, said
its lenders had agreed to give the company another month to file
its annual report, after if it missed the March 30 deadline.
Read more
Sunday, April 3, 2016
China braces for "severe" flooding on Yangtze River
China's Yangtze River this year due to a strong El Nino weather
pattern, state media said, raising the risk of deaths and damage
to property and crops along the country's longest waterway.
Read more
(EN) Steam-Trader
Steam-trader.com - Trade platform Dota2, CS:GO, TF2, Gifts.
It is a unique traiding platform, allowing you to buy and sell cosmetic items of Dota 2, CS:GO, Team Fortress2 or Games (Gifts) for real money, at the best prices! Trading platform consists of four sections, which are interlinked by a shared wallet that will allow you to sell things in one section and buy them in another. Deposit and withdrawal funds available with the help of multiple payment systems. Earn - resting! Successful auction!
Go to Steam-trader
Steam-Trader
Steam-trader - Торговая площадка Dota2, CS:GO, TF2, Gifts.
Это уникальная торговая площадка, позволяющая покупать и продавать Игры или Гифты (Gift) Steam, а так же вещи Dota 2, CS:GO, Team Fortress2 за реальные деньги, без комиссии! Торговая площадка состоит из четырех разделов, которые связанны между собой общим кошельком, что позволит вам продавать вещи в одном разделе и покупать их в другом. Пополнение счета и вывод средств доступно при помощи множества платежных систем.
Выводи деньги из Steam! Зарабатывай - отдыхая!
Перейти на Steam-trader
Friday, April 1, 2016
UPDATE 2-SunEdison preparing to file for bankruptcy protection -WSJ
is planning to file for bankruptcy protection in the
coming weeks, The Wall Street Journal reported on Friday, citing
people familiar with the matter.
Read more
U.S. task force to look at massive California natural gas leak
force will look into the country's biggest ever accidental
release of methane, which occurred over several months in Los
Angeles, California, hoping to prevent future leaks of the
potent greenhouse gas from storage wells, the Obama
administration said on Friday.
Read more
Canada's Alberta to fly oil via airships, it says on April Fools
of Alberta, stymied by the U.S. decision to block the Keystone
XL pipeline and by other market access problems, said on Friday
it will use zeppelins to bring its products to markets around
the world.
Read more
Tech giants back U.S. EPA in climate rule legal challenge
Apple, Microsoft and Amazon on Friday declared support for the
Obama administration in a lawsuit facing its central plan to
combat climate change, saying the rule is needed to drive a
transition to cleaner energy.
Read more
UPDATE 1-Gazprom woos Austria's OMV in pursuit for Nord Stream expansion
Gazprom on Friday signed cooperation deals with
Austrian energy group OMV as it tries to secure more
lobbying power for its project to expand the Europe-bound
undersea gas pipeline, Nord Stream.
Read more
UPDATE 2-Appaloosa raises stake in SunEdison unit TerraForm Power
TerraForm Power Inc, one of the two publicly listed
units of troubled solar energy company SunEdison Inc,
as the hedge fund pushes for an overhaul of TerraForm's
conflicts committee.
Read more
COLUMN-Shale gas hits U.S. railroads and diesel demand: Kemp
coal traffic across the U.S. rail network and in turn hit demand
for diesel, demonstrating the interlocking relationship between
the country's energy and transport systems.
Read more
UPDATE 2-Europe's carbon market emissions dip for fifth year, down 0.4 pct
(Updates throughout with detail/comment)
Read more
UPDATE 1-Drax sees 2016 profit at top end of forecasts on National Grid deal
core profit for 2016 to be towards the top end of market
forecasts, after it signed a contract with National Grid Plc
to provide services that would help ensure British
electricity transmission systems work reliably.
Read more
Japan electricity reforms hit glitch on first day, but power trading surges
Japan's energy industry hit a glitch on its first day as trading
was halted for eight-and-a-half hours on a new electricity
product, although overall turnover on the beefed up power
exchange surged 60 percent.
Read more
Appaloosa raises stake in SunEdison unit TerraForm Power
it owned a 10.88 percent stake in TerraForm Power Inc,
one of the two publicly listed units of struggling solar company
SunEdison Inc.
Read more
Drax sees 2016 profit at top end of forecasts on National Grid deal
said it expects to report core profit for 2016 towards the top
end of the range of current market forecasts, after signing a
year-long contract with National Grid Plc.
Read more
Amid drought, fish disappear from Zimbabwe's markets
W ith fish stocks declining as water levels fall in drought-hit
reservoirs across the country, Zimbabwe's fish sellers and
buyers are struggling to cope, raising concerns about the
long-term sustainability of fisheries as a source of income and
nutrition.
Read more