Thursday, June 30, 2016

UPDATE 1-Stronger North Asian demand, Gorgon gas leak lift Asian LNG prices

* First LNG tanker to sail through expanded Panama Canal

(Adds Gorgon gas leak)

Read more

Cuba plans cuts in fuel, electricity consumption -sources

HAVANA, June 30 (Reuters) - Cuba has ordered some state

firms and joint ventures to reduce fuel and electricity

consumption, a senior diplomat and the director of a foreign

joint venture said on Thursday, in the latest sign a crisis in

ally Venezuela is hurting the economy.

Read more

GLOBAL LNG-Stronger North Asian demand, Brexit lift Asian spot LNG prices

SINGAPORE, July 1 (Reuters) - Asian prices for liquefied

natural gas (LNG) rose to their highest since February this

week, pushed up by a rise in Asian imports and higher prices in

Britain.

Read more

UPDATE 1-California probes oil refiners for gas price manipulation

June 30 (Reuters) - California has issued subpoenas to

Valero Energy Corp and Chevron Corp as part of a

probe into whether oil refiners in the state have manipulated

gasoline prices since 2014, the companies said on Thursday.

Read more

UPDATE 3-Canada court overturns federal approval of Enbridge oil pipeline

VANCOUVER, June 30 (Reuters) - A Canadian court has

overturned the approval of Enbridge Inc's Northern

Gateway oil pipeline, adding another steep obstacle to a project

fiercely opposed by environmentalists and many aboriginal

groups.

Read more

RPT-Drought-hit Central America must help farmers to withstand climate change impact - U.N.

BOGOTA, June 30 (Thomson Reuters Foundation) - Aid groups

and governments in drought-hit countries in Central America need

to boost the resilience of communities struggling to feed

themselves and invest more in agriculture if the region is to

recover from recurrent drought, the United Nations said.

Read more

Drought-hit Central America must help farmers to withstand climate change impact - U.N.

BOGOTA, June 30 (Thomson Reuters Foundation) - Aid groups

and governments in drought-hit countries in Central America need

to boost the resilience of communities struggling to feed

themselves and invest more in agriculture if the region is to

recover from recurrent drought, the United Nations said.

Read more

UPDATE 1-Russia cautious on gas link to Turkey despite thaw in relations

* Kremlin says premature to talk about TurkStream resumption

(Writes through)

Read more

EDF plans to sell stake in RTE, value seen above $5.8 bln - sources

PARIS, June 30 (Reuters) - French state-controlled utility

EDF's plans to sell almost 50 percent of its RTE unit

would value the operator of Europe's biggest high-voltage

electricity transmission grid at more than 5.2 billion euros,

sources said on Thursday.

Read more

Angry workers force Greece's PPC to delay meeting on stake sale

ATHENS, June 30 (Reuters) - Angry workers from Greek utility

Public Power Corp. disrupted a shareholder meeting

intended to launch the sale of a minority stake in its

subsidiary power grid ADMIE, a Reuters witness said.

Read more

UPDATE 2-Norway oil wage talks begin as workers threaten strike

OSLO, June 30 (Reuters) - Energy companies and trade unions

in Norway began two-day wage talks on Thursday in a bid to avert

a strike that would cut output from Europe's largest oil

producer by 12 percent, the Norwegian Oil and Gas Association

(NOG) said.

Read more

India to get over $1 bln from World Bank for Modi's solar goals

NEW DELHI, June 30 (Reuters) - The World Bank said on

Thursday it would lend India more than $1 billion for its huge

solar energy programme, after Prime Minister Narendra Modi

sought climate change funds from its visiting head.

Read more

Oil giant CNPC seals plan to restructure oilfield services

BEIJING, June 29 (Reuters) - China's top energy group China

National Petroleum Corp (CNPC) has approved plans to restructure

its oilfield services business, the company said on Wednesday.

Read more

Wednesday, June 29, 2016

UPDATE 1-Hong Kong regulator censures Bank of America units for takeover code breaches

* Says bank units failed to disclose equity swaps in both

deals

Read more

Murders, violence on rise as parched central India battles for water

BHOPAL, India, June 29 (Thomson Reuters Foundation) - Imrat

Namdev and her younger sister Pushpa Namdev were neighbours in

Chhatarpur district, in the drought-hit Indian region of

Bundelkhand. Both relied on the same well for water and,

according to police, frequently quarrelled over how much the

other was using.

Read more

CORRECTED-Proposed Amazon dam would fuel land speculation, deforestation, study says

RIO DE JANEIRO, June 28 (Thomson Reuters Foundation) - A

proposed dam in the heart of the Amazon will lead to a wave of

deforestation as remote areas of the world's largest rainforest

are opened to agriculture, said a study from Brazilian

researchers published on Tuesday.

Read more

Tuesday, June 28, 2016

WRAPUP 1-Fire at Mississippi gas plant halts U.S. Gulf Coast platforms

NEW YORK/HOUSTON, June 28 (Reuters) - At least two offshore

oil platforms halted operations on Tuesday in the U.S. Gulf of

Mexico after a fire at a natural gas processing plant in

Mississippi shut a crucial pipeline that brings output onshore,

several companies said.

Read more

UPDATE 1-France's Macron demands quick EDF decision on UK's Hinkley Point

PARIS/LONDON, June 28 (Reuters) - French Economy Minister

Emmanuel Macron called for a swift decision by state-controlled

utility EDF on investing in its Hinkley Point nuclear

project in Britain, despite last weeks' British vote to leave

the European Union.

Read more

Kenya says major power line to remote north will be ready by December

NAIROBI, June 28 (Reuters) - A major new power line that

will connect the remote northern region of Kenya to the national

grid, and will be used to transmit wind power, should be

completed by the end of this year, a senior government official

told Reuters on Tuesday.

Read more

Turkey's Limak in talks to join consortium for Lyon airport - sources

PARIS/ISTANBUL, June 28 (Reuters) - Turkish conglomerate

Limak is in talks to join a consortium comprising the Cube fund

and Geneva airport which is bidding for a 60 percent stake in

Lyon Saint-Exupery airport, sources close to the matter said on

Tuesday.

Read more

UPDATE 1-Global nuclear power capacity grew fast last year-IEA

PARIS, June 28 (Reuters) - Nuclear power capacity grew fast

last year, mainly in China, but challenges such as ageing plants

and low electricity prices could hobble the sector, the head of

the International Energy Agency said on Tuesday.

Read more

France's Macron says timely EDF decision on Hinkley Point needed

PARIS, June 28 (Reuters) - French state-controlled utility

EDF should make a timely final investment decision on

its Hinkley Point nuclear project in Britain despite the vote to

leave the European Union, French Economy Minister Emmanuel

Macron said on Tuesday.

Read more

Global addition to nuclear power capacity hit 10.2 GW in 2015 -IEA

PARIS, June 28 (Reuters) - Global addition to nuclear power

capacity in 2015 hit 10.2 gigawatts, the highest growth in 25

years driven by construction of new nuclear power plants mainly

in China, the head of the International Energy Agency said on

Tuesday.

Read more

Indonesia approves 2016 state budget revision, cuts subsidies

JAKARTA, June 28 (Reuters) - Indonesia's parliament on

Tuesday approved revisions to the 2016 state budget, including a

wider fiscal deficit of 2.35 percent of gross domestic product

(GDP), compared with 2.15 percent in the original spending plan.

Read more

UPDATE 1-Adios, Three Amigos: Obama heads to last summit with Canada, Mexico

WASHINGTON/OTTAWA, June 27 (Reuters) - President Barack

Obama will meet with the leaders of Canada and Mexico on

Wednesday for his final "Three Amigos" summit, a meeting that

may signal how keen the North American partners are to tout

trade at a time of rising protectionist sentiment.

Read more

UPDATE 1-No injuries in Mississippi BP gas plant fire -police

HOUSTON, June 28 (Reuters) - Firefighters in Pascagoula,

Mississippi were battling a blaze after an explosion at a BP Plc

natural gas processing plant early on Tuesday, police

said.

Read more

Monday, June 27, 2016

'Three Amigos' to set clean energy goal of 50 pct by 2025 - White House

WASHINGTON, June 27 (Reuters) - President Barack Obama,

Canadian Prime Minister Justin Trudeau and Mexican President

Enrique Pena Nieto will this week agree that their three

countries will aim to produce 50 percent of their power from

clean energy sources by 2025, the White House said on Monday.

Read more

Odebrecht sells Peru toll road project to Brookfield

SAO PAULO, June 27 (Reuters) - Odebrecht SA has sold a 57

percent stake in a Peruvian toll road project to Brookfield

Asset Management Inc, as Latin America's largest

engineering firm sheds assets to cope with fallout from a

sweeping corruption probe on its home turf.

Read more

UPDATE 1-U.S., Mexico aim for more clean energy electricity by 2025 - CBC

OTTAWA, June 27 (Reuters) - The leaders of the United States

and Mexico this week plan to announce that half of their

electricity will come from clean power sources by 2025, the

Canadian Broadcasting Corp reported on Monday.

Read more

Sunday, June 26, 2016

Rosatom's global nuclear ambition cramped by Kremlin politics

PARIS/MOSCOW, June 26 (Reuters) - The $100 billion overseas

order book of Russia's nuclear power plant builder Rosatom --

bigger than all its Western competitors combined -- makes it

look like the giant in its field.

Read more

China touts new bank's greater understanding of developing world

BEIJING, June 26 (Reuters) - The China-led Asian

Infrastructure Investment Bank (AIIB) will be different from

institutions like the World Bank because it has a greater

understanding of the developing world's needs, officials said on

Sunday at its first annual meeting.

Read more

UPDATE 2-West Virginia's worst flooding in a century kills 24

June 25 (Reuters) - West Virginia's three most devastated

counties and possibly others will receive federal assistance

after the state's worst flooding in more than a century killed

at least 24 people, officials said on Saturday.

Read more

Friday, June 24, 2016

Twenty confirmed dead in West Virginia floods -official

June 24 (Reuters) - The death toll from West Virginia's

worst flooding in a century rose to 20 on Friday, said a

spokeswoman for the U.S. state's emergency management agency.

Read more

Speculators boost U.S. natural gas net longs for 4th week -CFTC

June 24 (Reuters) - U.S. natural gas speculators boosted

their net longs for a fourth consecutive week, betting prices

will rise as production eases and power demand remains high to

meet rising air conditioning use during an unusually hot start

to the summer.

Speculators in four major NYMEX and ICE markets added to

their bullish bets by 12,388 contracts to 94,209 in the week to

June 21, the U.S. Commodity Futures Trading Commission said on

Friday.



(Reporting by Scott DiSavino; Editing

Read more

UPDATE 2-Court says ETE can bolt $20 billion Williams takeover

NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy

Transfer Equity won a court ruling on Friday that would

allow the pipeline operator to walk away from its more than $20

billion takeover of rival Williams Cos Inc, a deal

Energy Transfer agreed to in September but soured on in January.

Read more

UPDATE 1-U.S. oil drillers cut rigs after 3 weeks of additions -Baker Hughes

(Adds basins and states)

June 24 (Reuters) - U.S. oil drillers cut rigs this week for

a 20th week this year after three weeks of additions, according

to a closely followed report on Friday, as crude prices pull

back after a recent rally to an 11-month high over $51 a barrel.

Despite a decline in U.S. crude to below $48 a barrel on

Friday after Britain voted to leave the European Union, several

companies said recently they plan to boost spending on new

drilling with futures for the bal

Read more

UPDATE 1-Fourteen dead in W. Virginia in state's worst floods in a century

June 24 (Reuters) - At least 14 people in West Virginia have

died and hundreds more have been rescued from swamped homes in

the state's worst flooding in more than a century, government

officials said on Friday.

Read more

U.S. oil drillers cut rigs after 3 weeks of additions -Baker Hughes

June 24 (Reuters) - U.S. oil drillers cut rigs this week for

a 20th week this year after three weeks of additions, according

to a closely followed report on Friday, as crude prices pull

back after a recent rally to an 11-month high over $51 a barrel.

Despite a decline in U.S. crude to below $48 a barrel on

Friday after Britain voted to leave the European Union, several

companies said recently they plan to boost spending on new

drilling with futures for the balance of the year and 2017

toppin

Read more

UPDATE 1-Dutch government lowers Groningen gas output cap to 24 bcm

* Government would allow up to 30 bcm production in an

emergency

Read more

Netherlands to cut more Groningen gas production

AMSTERDAM, June 24 (Reuters) - The Dutch government has

decided to cut production at the giant Groningen gas field from

its current level of 27 billion cubic metres a year from October

1, 2016, Deputy Prime Minister Lodewijk Asscher said on Friday.

Read more

Dutch lower Groningen gas production cap to 24 bcm

THE HAGUE, June 24 (Reuters) - The Dutch government said on

Friday that it would lower the cap on production at the

Groningen gas field to 24 billion cubic metres a year for the

next five years.

Read more

UPDATE 2-Brexit leaves uncertain future for Europe's carbon market

* EU carbon falls to lowest level since March

(Updates throughout, adds comments)

Read more

Li Ka-shing's CK Hutchison confident about UK businesses, after Brexit vote

HONG KONG, June 24 (Reuters) - CK Hutchison Holding Ltd

, which is controlled by tycoon Li Ka-shing and has

major investments in Europe and the United Kingdom, said on

Friday the group is confident its British operations will

continue to thrive, after Britain voted to leave the European

Union.

Read more

China's offshore wind power plans lag, 2020 target under threat

* Govt official: 2020 target not mandatory, will not raise

tariffs

Read more

UPDATE 1-EDF should delay Hinkley Point decision following Brexit-union

PARIS, June 24 (Reuters) - French EDF's main labour

union said on Friday that the utility should delay the final

investment decision on its 18 billion pound ($24 billion)

project to build a nuclear plant in Hinkley Point in southern

England after Britons voted to quit the European Union.

Read more

Veolia says will continue to grow in UK despite Brexit vote

PARIS, June 24 (Reuters) - Veolia will continue to

be a major area for French water and waste group despite

Britain's vote to leave the European Union, its chief executive

said.

Read more

Thursday, June 23, 2016

Canada dilutes plan to limit low-wage temporary foreign workers

OTTAWA, June 23 (Reuters) - Canada's Liberal government on

Thursday watered down measures to limit the number of low-wage

temporary foreign workers firms can hire after complaints the

restrictions would cause major labor shortages.

Read more

Third of hospitals in developing world lack clean running water - study

LONDON, June 23 (Thomson Reuters Foundation) - At least a

third of hospitals in developing nations do not have clean

running water, a study has found, leading to unsanitary

conditions and further spread of disease in drought-hit areas.

Read more

Glitch causes power usage data loss at Tepco unit - Nikkei

June 23 (Reuters) - A unit of Tokyo Electric Power Co

Holdings Inc (Tepco) lost track of electricity usage

for about 6,400 households in Tokyo due to an apparent technical

glitch, leaving new power companies unable to bill some

customers, the Nikkei reported.

Read more

UPDATE 1-U.S. brewer Yuengling to pay $10 mln to settle pollution case

June 23 (Reuters) - D.G. Yuengling and Son Inc, the oldest

U.S. brewing company, will pay close to $10 million to settle

charges it violated the federal Clean Water Act through the

excessive discharge of pollutants by two large Pennsylvania

breweries it operates.

Read more

Sweden's deal leaves door to nuclear power open, but only just

STOCKHOLM, June 23 (Reuters) - Sweden has agreed to cut

taxes on nuclear power generators and allow for the construction

of new reactors but policymakers have yet to work out how that

fits with a commitment to using 100 percent renewable energy.

Read more

FTSE hits two-month high as Britain votes on EU membership

* Tesco advances after sales update

(Adds detail, updates prices)

Read more

French naval shipbuilder predicts turning point for tidal power

NANTES, France, June 23 (Reuters) - Tidal power is moving

beyond the prototype stage for state-backed French naval

shipbuilder DCNS, which is targeting a billion euros in sales

from the technology in the next decade.

Read more

Kremlin: detention of state firm's ex-boss is matter for investigators -Ifax

MOSCOW, June 23 (Reuters) - President Vladimir Putin has not

discussed the detention of Yevgeny Dod, the former head of state

power generator Rushydro, with the company's current

general director, the Kremlin said on Thursday.

Read more

Toshiba's new CEO sticks to nuclear target branded ambitious by analysts

TOKYO, June 23 (Reuters) - Toshiba Corp's newly

appointed chief executive said he would stick with the Japanese

industrial conglomerate's target for nuclear power plant orders,

dismissing scepticism among analysts who say the target is too

ambitious.

Read more

Russia's Quadra chairman Dod may face more charges - investigators

MOSCOW, June 23 (Reuters) - Chairman of Russian electricity

producer Quadra Yevgeny Dod may face more charges, the Russian

Investigative Committee said in a statement on Thursday.

Read more

FTSE near 2-week high as voting starts in Britain's EU referendum

LONDON, June 23 (Reuters) - Britain's top share index

climbed to trade near a two-week high on Thursday as Britons

started to cast their votes in a historic EU membership

referendum, with recent opinion polls showing the "Remain" camp

nudging ahead in the campaign.

Read more

FTSE reaches two-month high as Britain votes on EU membership

* Tesco rises after sales update

(Recasts, adds detail and updates prices)

Read more

RPT-Chinese buying spree prompts personal touch in private equity sales

* Bilateral talks seen as more effective way to lure China

Inc.

Read more

Wednesday, June 22, 2016

UPDATE 1-Eletrobras names new CEO, gets 3.5 bln reais capital injection

SAO PAULO, June 22 (Reuters) - Brazil has tapped the leader

of one of the country's largest private electricity companies to

run Centrais Eletricas Brasileiras SA and is

preparing a capital injection of 3.5 billion reais ($1.0

billion) in the state-run power company, the government said on

Wednesday.

Read more

Brazil's Eletrobras taps Wilson Ferreira Jr as new CEO -ministry

SAO PAULO, June 22 (Reuters) - Brazil's state-run power

holding company Centrais Eletricas Brasileiras SA, or

Eletrobras, tapped Wilson Ferreira Jr to replace José da Costa

Neto as chief executive officer, deputy energy minister Paulo

Pedrosa said on Wednesday.

(Reporting by Leonardo Goy; Editing by Chris Reese)

Read more

SoCalGas keeps gas flowing in California, passing 1st summer test

June 22 (Reuters) - U.S. natural gas utility Southern

California Gas (SoCalGas) kept fuel supplies flowing as

temperatures rose this week, passing its first test of the

summer since the closure of its Aliso Canyon storage facility.

Read more

UPDATE 2-Britain may face winter with record low gas stocks after outage

LONDON/MILAN, June 22 (Reuters) - The shutdown of Britain's

largest gas storage facility for 42-days sent wholesale gas

prices surging on Wednesday on the possibility the country could

head into winter with record low inventories.

Read more

White House says to defend fracking rules in the courts

WASHINGTON, June 22 (Reuters) - The White House said on

Wednesday it would continue to defend in the courts its legal

authority to set rules governing hydraulic fracturing on public

lands.

Read more

Brazil probe likely to hamper Eletrobras asset sales

SAO PAULO, June 22 (Reuters) - Several graft and bribes

probes into Centrais Elétricas Brasileiras SA could delay asset

sale plans at Brazil's state-controlled power holding company,

analysts and lawyers said on Wednesday, underscoring mounting

caution among potential buyers.

Read more

German power grid bottlenecks hamper imports from Nordics

FRANKFURT/BRUSSELS, June 22 (Reuters) - German consumers are

losing out as delays in installing cross-country wind power

lines are curbing Germany's ability to import cheaper

electricity from Nordic countries, Danish producers say.

Read more

Russia says opens criminal case against chairman of Quadra

MOSCOW, June 22 (Reuters) - Russia's Investigative

Committee, the state body that investigates crimes, said on

Wednesday it had opened a criminal case against the chairman of

power company Quadra, which is controlled by Russian

billionaire Mikhail Prokhorov.

Read more

UPDATE 2-Michigan attorney general sues two companies in Flint water crisis

DETROIT, June 22 (Reuters) - The Michigan attorney general

said on Wednesday his office has sued two engineering services

companies for negligence for their involvement in the city of

Flint's water crisis that exposed residents to dangerously high

lead levels in drinking water.

Read more

Chinese buying spree prompts personal touch in private equity sales

* Bilateral talks seen as more effective way to lure China

Inc.

Read more

Indian iron ore miner NMDC fears cash shortage on share buyback plan -sources

NEW DELHI, June 22 (Reuters) - Indian state-owned iron ore

miner NMDC Ltd may borrow funds for the first time in

more than two decades next fiscal year to cover a potential cash

shortage caused by a government-mandated share buyback, two

company sources said last week.

Read more

Gazprom prepares cold reception for U.S. super-cooled gas

MILAN/LONDON, June 22 (Reuters) - Liquefied natural gas

(LNG) from the United States is set to do battle in Europe but

Russia's Gazprom is setting the stage, preparing a

cold reception for the super-cooled gas set to cross the

Atlantic.

Read more

Africa-focused funds fuse $3.3 billion electric power assets

LAGOS, June 22 (Reuters) - Two Africa-focused funds have

created a new energy joint venture capable of generating 1,575

megawatts (MW) of electricity in at least 10 countries by

merging assets totalling $3.3 billion.

Read more

UPDATE 1-Dutch agency calls for further cut in Groningen gas production

AMSTERDAM, June 22 (Reuters) - A Dutch advisory body has

advised the government to make additional cuts to production at

the Groningen gas field to reduce the risk of earthquakes in the

northern province, local media reported on Wednesday.

Read more

Dutch agency calls for further cut in Groningen gas after Oct. 1

AMSTERDAM, June 22 (Reuters) - The Netherlands' National

Mines Inspectorate has advised the government to cut production

at the country's large Groningen gas field this autumn, local

media reported on Wednesday.

Read more

UPDATE 1-CITIC Resources to partner with Japan's Itochu on oil, gas projects

* Itochu to invest with CITIC as resource prices stabilize

-Itochu spokesman

Read more

HIGHLIGHTS-Thomson Reuters/INSEAD Q2 Asian Business Sentiment Survey -by sector

BENGALURU, June 22 (Reuters) - Business sentiment at

Asia-Pacific's biggest companies rose in the second quarter of

2016 to its highest in a year, but firms were wary about risks

stemming from rising corporate debt in China and volatile oil

prices, a Thomson Reuters/INSEAD survey showed.

Read more

Tuesday, June 21, 2016

California's last operating nuclear power plant to close by 2025

June 21 (Reuters) - California's only functioning nuclear

power plant will close by 2025 and be replaced by renewables,

energy efficiency and storage under an agreement announced on

Tuesday by its owner, PG&E Corp, labor unions and

environmental groups.

Read more

HIGHLIGHTS-Thomson Reuters/INSEAD Q2 Asian Business Sentiment Survey -by economy

BENGALURU, June 22 (Reuters) - Business sentiment at

Asia-Pacific's biggest companies rose in the second quarter of

2016 to its highest in a year, but firms were wary about risks

stemming from rising corporate debt in China and volatile oil

prices, a Thomson Reuters/INSEAD survey showed.

Read more

Indian state firms in $3 bln venture to revive mothballed fertilizer plants

NEW DELHI, June 21 (Reuters) - India's cash-rich state coal,

power and oil firms will jointly invest nearly $3 billion to

revive three mothballed fertilizer plants, a government official

said on Tuesday, as the country aims to increase local

production of crop nutrients and cut imports.

Read more

UPDATE 1-California power grid passes first heat wave test amid gas shortage

June 21 (Reuters) - California's power grid passed its first

test of the summer with no rolling blackouts on Monday, when

customers cranked up their air conditioners as temperatures

soared into the triple-digits for the second consecutive day in

some southern parts of the state.

Read more

Italy's 5-Star mayors set collision course with banks, utilities

ROME, June 21 (Reuters) - The new mayors from Italy's

anti-establishment 5-Star Movement who won control of Rome and

Turin on Sunday are squaring for a confrontation with the

management of financial firms and utilities they control.

Read more

UPDATE 1-Court says Romania's Hidroelectrica no longer insolvent, opens way for IPO

BUCHAREST, June 21 (Reuters) - Romania's largest power

producer Hidroelectrica is no longer insolvent, Bucharest's main

court ruled on Tuesday, paving the way for the first initial

public offering of a state firm in the country since 2014.

Read more

Tokyo Gas buys Eagle Ford shale stake, despite loss from prior U.S. purchase

TOKYO, June 21 (Reuters) - Tokyo Gas Co said on

Tuesday it has bought a 25 percent stake in an Eagle Ford shale

gas formation, in what could be among the first shale

investments in the United States by a Japanese firm since the

tumble in energy prices.

Read more

UK-dependent U.S. companies downplay 'Brexit' worries

June 21 (Reuters) - U.S. companies which depend on the

United Kingdom for sales are downplaying the risk that a vote by

Britain to leave the European Union could seriously harm their

businesses, even as economists and Wall Street have expressed

concerns about the trans-Atlantic economic impact.

Read more

Traditional irrigation keeps water flowing in drought-hit India

BAKSA, India, June 21 (Thomson Reuters Foundation) - Ask

the farmers in remote Baksa district, in the northeast Indian

state of Assam, whether they are affected by climate change and

they usually respond with a look of surprise.

Read more

China plans energy-sector technology capacity boost over next decade

* China plans to make its oil, power sector globally

competitive

Read more

Monday, June 20, 2016

UPDATE 1-Tropical Storm Danielle dumps rain on Mexico's Gulf Coast

MEXICO CITY, June 20 (Reuters) - Tropical Storm Danielle

struck Mexico's Gulf coast on Monday afternoon, bringing heavy

rainfall but was expected to weaken in the next few hours, the

National Hurricane Center (NHC) said.

Read more

Alpha Natural reorganization plan not viable -U.S. government

CHICAGO, June 20 (Reuters) - The U.S. Department of Justice

has opposed a plan by coal producer Alpha Natural Resources

to sell valuable assets to its creditors, which it

said puts significant mine cleanups at risk, according to a

court filing on Monday.

Read more

UPDATE 1-Brazil's Santo Antonio power plant partners looking to sell stakes

SAO PAULO, June 20 (Reuters) - Brazil's Santo Antônio

Energia SA, one of the five largest hydroelectric projects in

the country, said on Monday it has been informed by some of its

shareholders of plans to sell their stakes in the dam, according

to a securities filing.

Read more

UPDATE 1-California power grid braces for heat wave, blackout potential

LOS ANGELES, June 20 (Reuters) - California's power grid

operators warned homes and business on Monday to conserve

electricity as rising demand for air conditioning stoked by a

record-setting heat wave across the U.S. Southwest tested the

region's generating capacity.

Read more

UPDATE 1-Vancouver takes legal action to block Kinder Morgan pipeline plan

VANCOUVER, June 20 (Reuters) - The City of Vancouver said on

Monday it had taken legal action against the Canadian energy

regulator's approval of Kinder Morgan's Trans Mountain

pipeline expansion, which would increase the number of oil

tankers passing through city waters.

Read more

Pakistan on track to end power shortages within two years - ADB

ISLAMABAD, June 20 (Reuters) - Pakistan could end energy

rationing within two years, the Asia Development Bank (ADB)

country director for Pakistan said on Monday, adding weight to

government claims that they will end frequent outages in time

for the 2018 elections.

Read more

Tropical Storm Danielle forms off Mexico

June 20 (Reuters) - Tropical depression 4 strengthened into

the fourth tropical storm of the season, Danielle, on Monday,

the National Hurricane Center (NHC) said.

Read more

South China floods kill 22, with more rain forecast

BEIJING, June 20 (Reuters) - Severe floods in southern China

have killed at least 22 people and left 20 missing since

Saturday, the government said, with the rains expected to

continue for the next three days.

Read more

Monsoon rains cover half of India; to accelerate sowing

MUMBAI, June 20 (Reuters) - Indian monsoon rains have

covered nearly half of the country, the weather department said

on Monday, accelerating planting of summer crops like paddy

rice, soybeans, cotton and pulses.

Read more

Despite rising economy, Pakistan still hampered by image problem

* Pakistan boasts Asia's best performing stock market in

2016

Read more

Sunday, June 19, 2016

South Africa's Eskom gets new hydro plant fully linked to grid

JOHANNESBURG, June 19 (Reuters) - Eskom hailed a milestone

in its efforts to overcome South Africa's chronic electricity

shortages on Sunday, saying it had linked up the last of four

units at its new Ingula hydro-electric power plant to the grid.

Read more

Speculators boost U.S. natural gas net longs for 3rd week -CFTC

June 17 (Reuters) - U.S. natural gas speculators boosted

their net longs for a third consecutive week, betting prices

will rise as production eases and power demand picks up to

absorb some of the record high amount of fuel left in

inventories after a warm winter.

Speculators in four major NYMEX and ICE markets added to

their bullish bets by 27,431 contracts to 81,821 in the week to

June 14, the U.S. Commodity Futures Trading Commission said on

Friday.

Gas futures on the NYMEX averaged $2

Read more

Friday, June 17, 2016

Clean energy for poorest starved of investment - researchers

BARCELONA, June 17 (Thomson Reuters Foundation) - Only a

tiny fraction of climate change funding is going into

small-scale solar, biogas and other off-grid systems that may be

the best way to get power to the world's poorest, researchers

say.

Read more

UPDATE 1-Lawmakers demand new operator for UK power network

* National Grid says managing conflicts, shares fall

(Adds more detail and comment)

Read more

UPDATE 1-Siemens and Gamesa to create largest wind farm business

* Would boost Siemens' position in onshore market

(Adds background on wind turbine market players)

Read more

UPDATE 1-Sinopec serves $5.5 bln arbitration notice to Repsol

MADRID, June 17 (Reuters) - Chinese energy conglomerate

Sinopec has served an arbitration notice to Spain's

Repsol demanding around $5.5 billion in compensation

over a 2012 joint venture, Repsol said on Friday.

Read more

Thursday, June 16, 2016

UPDATE 1-Japan court upholds injunction to halt reactors in blow to nuclear power industry

TOKYO, June 17 (Reuters) - A Japanese court on Friday upheld

an order to keep two reactors at the Takahama nuclear plant

closed, operator Kansai Electric Power said, leaving

efforts to get a struggling nuclear industry up and running in

limbo.

Read more

China investment in French grid would be sensitive issue -RTE chief

NANTES, France, June 17 (Reuters) - A Chinese investment in

France's high-voltage network would be a sensitive issue and

utility EDF's grid unit, RTE, is not in talks with Chinese

counterpart China State Grid, as part of a plan to open its

capital, RTE's chief executive said on Thursday.

Read more

Japan court upholds injunction to halt reactors -media

TOKYO, June 17 (Reuters) - A Japanese court on Friday upheld

its order for the shutdown of two reactors operated by Kansai

Electric Power, Kyodo news agency said, preventing the

utility from restarting them.

Read more

Brazilian utility CPFL Energia buys AES Corp unit for $486 mln

SAO PAULO, June 16 (Reuters) - CPFL Energia SA,

the largest private Brazilian utility, has agreed to buy a power

distributor owned by AES Corp in southern Brazil for 1.7

billion reais ($486 million), the companies announced on

Thursday in securities filings.

Read more

UPDATE 2-Court orders Bulgaria to pay Russia over cancelled nuclear project: officials

* Sofia, Moscow to decide whether to build or resell unit

(Adds detail, background)

Read more

EDF's Fessenheim 2 nuclear reactor halted for further investigation -ASN

PARIS, June 16 (Reuters) - French nuclear watchdog ASN said

on Thursday that utility EDF's 900-megawatt Fessenheim

2 nuclear reactor was halted on June 13 for further

investigation into suspected irregularities in a steam

generator.

Read more

Unplugging from EU could set back UK energy investment

LONDON, June 16 (Reuters) - A British vote to leave the

European Union next week would make UK energy infrastructure

investment costlier and delay new projects at a time when the

country needs to plug a looming electricity supply gap.

Read more

GE in talks to buy offshore wind joint-venture Adwen -Figaro

PARIS, June 16 (Reuters) - General Electric is in

talks with the French state and several companies about

acquiring Areva-Gamesa's offshore wind joint

venture Adwen, GE chief Jeff Immelt told French daily Le Figaro.

Read more

Dutch fund DIF and EDF confirm acquisition of German gas grid Thyssengas

FRANKFURT, June 16 (Reuters) - Dutch infrastructure fund DIF

and French utility EDF confirmed that they have agreed

to buy German gas grid Thyssengas from Macquarie.

Read more

Canada's clean energy spending retreats, Alberta eyed for growth

TORONTO, June 16 (Reuters) - Spending on clean energy

projects in Canada fell 16 percent in 2015 compared with the

record investments of the prior year and a renewed push to cut

emissions may not lead to a rebound until 2018, an advocacy

group said on Thursday.

Read more

European utilities ratings outlook could brighten from 2018-S&P

* Most firms on negative outlook, but transformation

underway

Read more

Wednesday, June 15, 2016

Poland starts work on legislation to boost power generation capacity

WARSAW, June 15 (Reuters) - Poland will produce draft

legislation by the autumn designed to help its coal-fired power

producers to invest in new generating capacity, the energy

ministry said on Wednesday.

Read more

Snam working on 4 bln euro refinancing as part of Italgas spinoff -sources

MILAN/LONDON, June 15 (Reuters) - Italy's Snam, one

of Europe's biggest gas pipeline operators, is looking to lift

about 4 billion euros ($4.5 billion) off its balance sheet as

part of plans to spin off its domestic gas business, sources

familiar with the matter said.

Read more

MIDEAST STOCKS-Saudi drops after MSCI disappointment; Egypt sinks

* MSCI decides not to consider Saudi for emerging market

status

Read more

Zimbabwe expects power supplies from Kariba expansion to start in Dec 2017

KARIBA, Zimbabwe, June 15 (Reuters) - Zimbabwe, which

endured power cuts almost daily last year, is on track to start

generating additional power supplies at its Kariba hydro plant

in December 2017, a senior government official said on

Wednesday.

Read more

UPDATE 2-Dutch fund DIF and EDF to buy German gas grid Thyssengas -sources

* Buyers to pay around 700 million euros -sources

(Adds background on buyers)

Read more

Dutch govt to issue draft decision on Groningen in two weeks

AMSTERDAM, June 15 (Reuters) - The Dutch government will

publish its preliminary view on whether output at Groningen,

Europe's largest gas field, needs to be reduced further in about

two weeks, a Ministry of Economic Affairs spokesman said on

Wednesday.

Read more

UPDATE 1-Gamesa says no deal yet with Siemens on wind energy merger

MADRID/FRANKFURT, June 15 (Reuters) - Spain's Gamesa

said it has not reached any deal with Germany's Siemens

on a planned merger of their wind energy businesses

and negotiations remained open.

Read more

Dutch Safety Board to investigate nuclear facilities

AMSTERDAM, June 15 (Reuters) - The Dutch Safety Board said

on Wednesday it would examine the country's preparedness for a

cross-border accident involving radioactive material.

Read more

French regulator doubts need for France-Spain Midcat gas pipeline

PARIS, June 15 (Reuters) - A new gas pipeline between France

and Spain would not boost the security of French or European gas

supply and could raise gas prices for consumers, French

regulator CRE said on Wednesday.

Read more

UPDATE 1-S.Korea's Iran crude imports for May more than double on year

* Iran May crude imports 1.26 mln tonnes vs 541,510 year

earlier

* Jan-May oil imports from Iran more than double from year

before

* Total crude imports in May down 4 pct

(Add detail, background)

By Nataly Pak and Jee Heun Kahng

SEOUL, June 15 (Reuters) - South Korea's imports of Iranian

crude oil jumped around 130 percent in May from the same month a

year ago, extending gains after international sanctions were

lifted in January on Iran's disputed nuclear programme.

Seoul b

Read more

Tuesday, June 14, 2016

UPDATE 1-ConocoPhillips pipe spills oil condensate near Alberta caribou range

June 14 (Reuters) - A ConocoPhillips pipeline has

leaked nearly 2,400 barrels of condensate, an ultra-light form

of oil, within an endangered caribou and grizzly bear range in

west-central Alberta, the company said on Tuesday.

Read more

UPDATE 1-Russian, Italian energy firms to sign deals this week - Kremlin

MOSCOW, June 14 (Reuters) - Russian and Italian energy

companies will sign several deals on the sidelines of the St

Petersburg International Economic Forum later this week, Kremlin

aide Yuri Ushakov told reporters on Tuesday.

Read more

UPDATE 3-Police fire teargas, water cannon during Paris labour law protest

* Rail workers stop work, but SNCF says disruption limited

(Adds union turnout figures, injured, updates arrest numbers)

Read more

UPDATE 1-Putin, Juncker to talks sanctions and energy - Kremlin

MOSCOW/BRUSSELS, June 14 (Reuters) - Russian President

Vladimir Putin and European Commission President Jean-Claude

Juncker will talk about sanctions and energy projects when they

meet in St Petersburg this week, Kremlin aide Yuri Ushakov told

reporters.

Read more

UPDATE 1-Odebrecht in talks to sell Peru pipeline, sources say

MADRID/SAO PAULO, June 14 (Reuters) - Odebrecht SA, Latin

America's largest engineering company, is in advanced talks to

sell a 55 percent stake in a Peruvian gas pipeline project, with

Ferrovial SA and another three companies emerging as

potential bidders, two sources familiar with the transaction

said on Tuesday.

Read more

REFILE-UPDATE 2-Violence erupts as thousands rally against labour law in Paris

PARIS, June 14 (Reuters) - Gangs of masked youths smashed

windows and hurled stones at riot police as thousands of people

marched through Paris on Tuesday in protest at a planned change

of labour laws that would make hiring and firing easier.

Read more

Putin, Juncker to talks sanctions and energy: Kremlin

MOSCOW, June 14 (Reuters) - Russian President Vladimir Putin

and European Commission President Jean-Claude Juncker will talk

about sanctions and energy projects when they meet in St

Petersburg this week, Kremlin aide Yuri Ushakov told reporters.

Read more

Power cuts, violence fuel Yemen separatists' dreams

ADEN, June 14 (Reuters) - Deprived of sleep by temperatures

of over 40 degrees (104 F), Azal Mohammed was among dozens of

young men burning tyres last month to protest against persistent

power cuts in Aden, a port city that was the capital of South

Yemen.

Read more

EnBW to step up cost cutting, axe hundreds of jobs

BERLIN, June 14 (Reuters) - German utility EnBW

said on Tuesday it would speed up cost-cutting measures to save

an extra 250 million euros ($280 million) by 2020, as it

grapples with falling electricity prices and the cost of exiting

nuclear power.

Read more

UPDATE 1-Russia's Gazprom expects China's gas consumption to double

MOSCOW, June 14 (Reuters) - Russia's top gas producer

Gazprom expects China's gas consumption to more than

double, deputy CEO Alexander Medvedev said on Tuesday,

suggesting the company is still counting on robust growth in

demand in China even as the economy slows.

Read more

Thousands converge on Paris to protest against changes to labour law

PARIS, June 14 (Reuters) - Hundreds of buses carried

protesters from all over France into Paris on Tuesday for a

demonstration against planned changes to labour laws that would

make hiring and firing easier.

Read more

UPDATE 1-King Power to spend $340 mln to buy remaining Asia Aviation stake

* To cooperate with Thai AirAsia to expand distribution,

retail

(Adds details, comments)

Read more

Monday, June 13, 2016

Venezuela eases power rationing, ends two-day working week

CARACAS, June 13 (Reuters) - Venezuela's socialist

government on Monday eased a nationwide energy-saving program,

bringing to an end a controversial two-day work week since April

for nearly 3 million public sector workers.

Read more

King Power to spend $340 mln to buy remaining Asia Aviation stake

BANGKOK, June 14 (Reuters) - Thailand's King Power Group,

the nation's largest duty free retailer, said it plans to spend

12 billion baht ($340 million) on buying the remaining 60

percent of Asia Aviation Pcl.

Read more

World Bank's Zambia solar auction sets African low price benchmark

WASHINGTON, June 13 (Reuters) - A World Bank-led solar power

auction in Zambia has set a new low-cost benchmark for Africa,

with two development groups winning backing to build generating

plants in the next year, the international lender said on

Monday.

Read more

UPDATE 1-TransCanada to build $2.1 billion gas pipeline in Mexico

June 13 (Reuters) - Canadian pipeline operator TransCanada

Corp said on Monday it will build and operate a $2.1

billion natural gas pipeline in Mexico, as the company continues

to ramp up its presence in the Latin American country's large

gas market.

Read more

TransCanada JV wins $2.1 bln gas pipeline contract in Mexico

June 13 (Reuters) - TransCanada Corp said on Monday

that it won a contract with a joint venture partner to build and

operate a $2.1 billion natural gas pipeline in Mexico.

Read more

UPDATE 1-U.S. top court rejects challenge to Obama mercury air pollution rule

WASHINGTON, June 13 (Reuters) - The U.S. Supreme Court on

Monday let stand a lower-court ruling that left in place Obama

administration environmental regulations limiting power plant

emissions of mercury and other toxic pollutants while the

Environmental Protection Agency revised them.

Read more

U.S. top court rejects challenge to Obama mercury air pollution rule

WASHINGTON, June 13 (Reuters) - The U.S. Supreme Court on

Monday let stand a lower-court ruling that left in place Obama

administration environmental regulations limiting power plant

emissions of mercury and other toxic pollutants while the

Environmental Protection Agency revised them.

Read more

UPDATE 1-Kuwait fund wants to sell French nuclear group Areva stake -media

PARIS, June 13 (Reuters) - Sovereign wealth fund Kuwait

Investment Authority (KIA) has told French authorities it wants

to sell its stake in nuclear group Areva, La Lettre

de l'Expansion reported on Monday.

Read more

China Three Gorges to buy German wind park Meerwind from Blackstone

LONDON, June 13 (Reuters) - China Three Gorges,

which operates the world's largest hydropower plant on China's

Yangtze river, will buy German offshore wind park Meerwind from

U.S. buyout firm Blackstone, the companies said on

Monday.

Read more

Kuwait Investment Authority wants to sell Areva stake -media

PARIS, June 13 (Reuters) - Sovereign wealth fund Kuwait

Investment Authority (KIA) has told French authorities it wants

to sell its stake in nuclear group Areva, La Lettre

de l'Expansion reported on Monday.

Read more

Statkraft puts partly built Turkish power plant up for sale

OSLO, June 13 (Reuters) - Norway's Statkraft is

launching a process to sell its partly built Cetin hydropower

plant in Turkey, with the deal expected by the end of this year,

the state-owned power producer said on Monday.

Read more

UPDATE 2-Airbus finalises deal to build helicopter plant in China

* Factory to be locating in Qingdao; production to start

2018

Read more

Australian PM pledges A$1 bln to help ailing Great Barrier Reef

SYDNEY, June 13 (Reuters) - Australian Prime Minister

Malcolm Turnbull, facing a tight re-election battle, pledged on

Monday a A$1 billion ($738 million) fund for the Great Barrier

Reef, where scientists say mass coral bleaching has destroyed

vast tracts of the World Heritage site.

Read more

China May natural gas output up 4.3 pct y/y -stats bureau

BEIJING, June 13 (Reuters) - China's production of natural

gas rose 4.3 percent in May from a year earlier to 10.8 billion

cubic metres, the statistics agency said on Monday.

(Reporting by Jason Subler)

Read more

Sunday, June 12, 2016

Milan residential building blast leaves at least 3 dead

MILAN, June 12 (Reuters) - At least three people were killed

and several others injured in Milan when a residential building

partially collapsed on Sunday following an explosion, a

spokesman for the national fire fighters said.

Read more

One killed in Istanbul explosion, gas leak suspected - CNN Turk

ISTANBUL, June 12 (Reuters) - An explosion in central

Istanbul killed one person and injured another on Sunday after

what could have been a gas leak, CNN Turk reported.

Read more

Coming wave of gas puts focus on finding new shores

LONDON, June 12 (Reuters) - Energy giants such as Royal

Dutch Shell and Total are looking to build

terminals and power plants in new markets to soak up the

industry's rapidly burgeoning supply.

Read more

Saturday, June 11, 2016

Greece says three parties interested in power grid operator stake - report

ATHENS, June 11 (Reuters) - Greece has been approached by

three parties interested in buying a minority stake in state-run

power grid operator ADMIE, Energy Minister Panos Skourletis said

in a newspaper interview released on Saturday.

Read more

Belgium's Tihange 2 nuclear unit should restart on June 15 - Electrabel

BRUSSELS, June 11 (Reuters) - Belgium's Tihange 2 nuclear

reactor should restart on Wednesday following an outage caused

by a minor fault, a spokeswoman for operator Electrabel

said.

Read more

Daimler to unveil long-distance electric car in October

FRANKFURT, June 11 (Reuters) - Germany's Daimler

will lift the curtain on its much-anticipated long-distance

electric car at the Paris Motor Show in October, as the

automaker gears up to compete with Tesla Motors Inc's

Model X sport-utility vehicle (SUV).

Read more

Friday, June 10, 2016

UPDATE 1-Speculators boost U.S. natural gas net longs -CFTC

(Adds natural gas prices, background)

June 10 (Reuters) - U.S. natural gas speculators boosted

their net longs for a second consecutive week, betting prices

will rise as production eases and power demand picks up to

absorb some of the record high amount of fuel left in

inventories after a warm winter.

Speculators in four major NYMEX and ICE markets added to

their bullish bets by 48,893 contracts to 54,390 in the week to

June 7, the U.S. Commodity Futures Trading Commission said on

Fri

Read more

Speculators boost U.S. natural gas net longs -CFTC

June 10 (Reuters) - U.S. natural gas speculators boosted

their net longs for a second consecutive week, betting prices

will rise as production eases and power demand picks up to

absorb some of the record high amount of fuel left in

inventories after a warm winter.

Speculators in four major NYMEX and ICE markets added to

their bullish bets by 48,893 contracts to 54,390 in the week to

June 7, the U.S. Commodity Futures Trading Commission said on

Friday.

(Reporting by Scott DiSavino; Editing

Read more

Sample of world cities shows risky lack of planning, UN experts say

NEW YORK, June 10 (Thomson Reuters Foundation) - Dangerously

weak planning is leading to unchecked urban sprawl, leaving new

city dwellers far from transportation and services, United

Nations experts said.

Read more

UPDATE 1-Brazil reviewing size, scope of 'unsustainable' Eletrobras

SAO PAULO, June 10 (Reuters) - The Brazilian government is

reviewing the size and business scope of Centrais Elétricas

Brasileiras SA, because the current financial and operational

situation of state-controlled power holding company looks

"unsustainable," Mines and Energy Minister Fernando Coelho said

on Friday.

Read more

Power grid operator TenneT proposes North Sea island energy hub

LONDON, June 10 (Reuters) - Dutch power grid operator TenneT

says building an island in the North Sea surrounded

by wind farms could deliver more low-carbon power to European

nations and help the EU meet targets for cuts in emissions.

Read more

UPDATE 1-Sweden to cut taxes on nuclear power generation

* New reactors to be built to replace old ones

(Adds Energy Minister comment, background)

Read more

UPDATE 1-Power cut disrupts Brussels airport

BRUSSELS, June 10 (Reuters) - A 90-minute power cut

disrupted flights at Brussels Airport early on Friday, with

passengers unable to check in and board planes.

Read more

UPDATE 1-Blast hits NPDC pipeline in Nigeria's Delta region

YENAGOA, Nigeria June 10 (Reuters) - An explosion rocked a

pipeline operated by a subsidiary of Nigeria's state oil company

in the West African country's restive Delta region late on

Thursday, a security official and a community leader both said

on Friday.

Read more

Thursday, June 9, 2016

Power cut disrupts Brussels airport

BRUSSELS, June 10 (Reuters) - A power cut halted check-in at

Brussels Airport early on Friday, a spokeswoman said, although

flights continued to arrive and depart for the time being.

Read more

Blast hits NPDC pipeline in Nigeria's Delta region -security source

YENAGOA, Nigeria June 10 (Reuters) - An explosion hit a

pipeline operated by a subsidiary of Nigeria's state oil company

in the West African country's restive Delta region late on

Thursday, a security official said on Friday.

Read more

European shares retreat as profit warning hits Essentra

* Financials down on low rates prospects

(Updates prices at close)

Read more

European shares retreat as profit warning hits Essentra

* Financials down on low rates prospects

(Updates prices and adds details)

Read more

EXCLUSIVE-China Three Gorges in talks to buy German wind park -sources

* Sources have said Meerwind could be valued at 1.6 bln

euros

(Writes through, adds detail, context)

Read more

UPDATE 2-Brazil mulls emergency loan to Rio de Janeiro ahead of Olympics

BRASILIA, June 9 (Reuters) - Brazil is considering an

emergency loan to the cash-strapped state of Rio de Janeiro as

it prepares to host the Olympic Games in less than two months,

two senior government officials familiar with the situation told

Reuters.

Read more

Germany's Gabriel rejects calls to focus on exit from coal

BERLIN, June 9 (Reuters) - Germany's economy minister on

Thursday rejected calls for Europe's largest economy to focus on

ending coal use in the way it plans to quit nuclear energy.

Read more

EU to rule on Russian access to Nord Stream gas pipeline's link to Germany

BRUSSELS/MOSCOW, June 9 (Reuters) - Brussels is expected to

rule next month on whether to allow Russia to pump more gas via

its Nord Stream pipeline's gas link to Germany, risking fresh

discord between member states over energy dependence on Russia,

EU and Gazprom sources said.

Read more

RPT-COLUMN-No new Australian LNG projects doesn't mean no new LNG: Russell

LAUNCESTON, Australia, June 9 (Reuters) - Conventional

wisdom in the liquefied natural gas (LNG) sector is that no new

projects will be built for several years, given the vast cost

can't be reconciled with the current low prices.

Read more

Danish pension fund ATP made $610 mln profit on DONG investment - CEO

COPENHAGEN, June 9 (Reuters) - Danish pension fund ATP made

a profit of 4 billion Danish crowns ($610 million) on its

investment in DONG Energy two years ago, its chief

executive said on Thursday.

Read more

RPT-Cheap Canadian gas imports may prolong U.S. energy industry's rout

June 9 (Reuters) - U.S. utilities and merchants are

embarking on their biggest buying spree for Canadian natural gas

since the start of the U.S. shale boom, taking advantage of

record low prices and raising concerns about the U.S. industry's

deepening crisis.

Read more

Norway, Sweden to meet green energy target under joint scheme

OSLO, June 9 (Reuters) - Norway and Sweden's joint scheme to

boost renewable energy generation, set up in 2012, is on track

to deliver 28.4 terawatt-hours (TWh) by 2020, Norway's energy

regulator said on Thursday.

Read more

UPDATE 2-DONG Energy shares jump after biggest European IPO this year

* 17 bln crowns raised for Danish state, Goldman consortium

(Adds Chairman, analyst comment, shares, background)

Read more

Wednesday, June 8, 2016

SE Asia Stocks-Philippines on track to snap four days of gains

June 9 (Reuters) - Philippine stocks fell 1 percent on

Thursday, heading for their first fall in five sessions, on weak

jobs data and as some investors chose to book profit, while most

other Southeast Asian markets edged up in thin trade with China

and Hong Kong closed for a holiday.

The Philippine stock index was dragged down by

utilities and telecom shares. Aboitiz Equity Ventures

fell 4 percent, while Philippine Long Distance Telephone Co

dropped nearly 2 percent.

"Despite residual

Read more

UPDATE 1-Japan May spot LNG prices fall to lowest in more than 2 years

(Adds details, table)

TOKYO, June 9 (Reuters) - Prices for liquefied natural gas

(LNG) spot cargoes for Japan, the world's top buyer, fell in May

to the lowest since the trade ministry started publishing

figures more than two years ago, official data showed on

Thursday.

The average price of spot LNG contracted in May fell by 10

cents from the previous month to $4.10 per mmBtu, the monthly

data by the Ministry of Economy, Trade and Industry (METI)

showed, down from $14.80 two years ago

Read more

COLUMN-No new Australian LNG projects doesn't mean no new LNG: Russell

LAUNCESTON, Australia, June 9 (Reuters) - Conventional

wisdom in the liquefied natural gas (LNG) sector is that no new

projects will be built for several years, given the vast cost

can't be reconciled with the current low prices.

Read more

Floating school in Lagos lagoon collapses under heavy rains

LAGOS, June 8 (Reuters) - A floating school built to

withstand storms and floods at a lagoon in Nigeria's commercial

capital Lagos and educate children from a nearby slum has

collapsed only seven months after its official opening.

Read more

Indonesian power plan delays fan industry frustrations

JAKARTA, June 9 (Reuters) - Six months after winning power,

President Joko Widodo pledged to boost Indonesia's electricity

capacity by two-thirds by 2019 as Southeast Asia's biggest

economy battled persistent power shortages and blackouts.

Read more

Drought-parched Zambia turns to the sun to keep water flowing

KAZUNGULA, Zambia, June 8 (Thomson Reuters Foundation) -

Munji Malambo and his younger brother used to wake up at 5 a.m.

every day to fetch water for their family and livestock. With

the nearest working well over two kilometres away, the boys

often missed school as they carried enough water home.

Read more

UPDATE 1-Polish rejection of Tauron payout raises dividend fears

KATOWICE, Poland, June 8 (Reuters) - Poland unexpectedly

rejected a dividend payout by state-controlled Tauron

on Wednesday, knocking shares in the energy utility and raising

questions among analysts over dividend payments by other

state-run firms.

Read more

UPDATE 1-IEA's five-year view sees gas demand slowing, more spot pricing

* IEA sees pricing implications for Gazprom

(Releads, adds quotes from Brussels)

Read more

UPDATE 1-Merkel urges speedier grid expansion after cabinet OKs reforms

BERLIN, June 8 (Reuters) - German Chancellor Angela Merkel

on Wednesday said building more power transport lines remained a

top priority to help bring down the cost of the country's energy

transition and ensure the future growth of renewables moved in

step with new infrastructure.

Read more

UPDATE 1-Greece to launch tender for power grid operator end June

ATHENS, June 8 (Reuters) - Greece's main power utility will

formally launch the sale of a stake in its power grid operator

ADMIE in June, a step towards opening up its electricity market

and complying with the terms of its international bailout.

Read more

CORRECTED-UK's Ofgem says it is consulting on National Grid's cost recovery plea

June 8 (Reuters) - Britain's energy market regulator Ofgem

said that it was consulting on National Grid Plc's

request to recover the additional costs of two contracts for

grid services that it agreed with SSE Plc and Drax Group

Plc.

Read more

CORRECTED-UPDATE 1-UK's Ofgem weighing up National Grid's cost recovery plea

June 8 (Reuters) - Britain's energy market regulator Ofgem

said that it was consulting on National Grid Plc's

request to recover the rising costs of two contracts for grid

services that it agreed with SSE Plc and Drax Group Plc

.

Read more

EMERGING MARKETS-EM stocks up at 1-mth high on decent Chinese imports

LONDON, June 8 (Reuters) - Emerging equities rose to

one-month highs on Wednesday, their fifth straight day of gains,

after better-than-expected Chinese import data boosted commodity

prices and markets continued to price out a June U.S. interest

rate rise.

Read more

Kenya nationwide blackout caused by monkey tripping transformer -KenGen

NAIROBI, June 8 (Reuters) - A nationwide blackout that hit

Kenya on Tuesday was caused by a monkey tripping a transformer

at a hydropower plant, leading to the loss of more than 180

megawatts from the grid, power producer Kenya Electricity

Generating Company (KenGen) said.

Read more

Tuesday, June 7, 2016

UPDATE 2-EU regulators raid Romania's Romgaz, Transgaz, OMV Petrom

* Firms suspected of blocking gas exports to other EU

countries

Read more

China says important glacier is melting due to climate change

BEIJING, June 8 (Reuters) - A glacier that is one of the

largest at the source of China's Yangtze River is fast

retreating because of climate change, state media said.

Read more

UPDATE 1-Putin says Russia hasn't cancelled South Stream, Turkstream gas projects

MOSCOW, June 7 (Reuters) - Russian President Vladimir Putin

said on Tuesday that Russia had not "definitively" cancelled

either the South Stream or Turkstream European gas export

pipeline projects but needed a clear position on them from

Europe.

Read more

UPDATE 2-French oil refinery strikes to continue -CGT

PARIS, June 7 (Reuters) - Strikes at five French refineries

will continue until Friday and the start of the Euro 2016

football tournament hosted by France, to maintain pressure on

the government over a contested labour reform, a CGT union

official said.

Read more

UPDATE 1-EIA sees 2016 U.S. natgas production, consumption at record highs

June 7 (Reuters) - The U.S. Energy Information

Administration on Tuesday said dry natural gas production in

2016 would reach 74.64 billion cubic feet per day, down a shade

from the 74.80 bcfd it forecast last month.

Read more

Vestas gets 41.5 MW order in UK

* Says EDF Energy Renewables places order for five V164-8.0

MW turbines for the Blyth Offshore wind farm in the UK

Read more

UPDATE 2-Center of Tropical Storm Colin moving across northern Florida - NHC

June 7 (Reuters) - Tropical Storm Colin made landfall early

on Tuesday and was moving across northern Florida, unleashing

thunderstorms and flooding while the state's governor activated

the National Guard ahead of its landfall.

Read more

Monday, June 6, 2016

UPDATE 2-Angola LNG returns to global market with first post-shutdown cargo

* Up to six more cargoes may be offered by Angola -trader

(Adds company statement)

Read more

Villagers spared eviction as Tanzania halts $500 million energy project to save wildlife

BAGAMOYO, Tanzania, June 6 (Thomson Reuters Foundation) - In

a rare victory for landless villagers in Africa, more than 1,500

people have been spared eviction to make way for an energy plant

after the Tanzanian government halted the project citing concern

for wildlife in a nearby sanctuary.

Read more

RPT-COLUMN-Australia's LNG sector knows its enemies, but not how to fight them: Russell

BRISBANE, June 6 (Reuters) - It should be a golden age for

Australia's liquefied natural gas (LNG) producers as they sit on

the cusp of becoming the world's largest supplier of the fuel

that holds the largest growth potential among its fossil rivals.

Read more

UPDATE 1-Chile takes river dispute with Bolivia to UN court in Hague

AMSTERDAM, June 6 (Reuters) - Chile on Monday filed a

lawsuit against neighbour Bolivia at the U.N.'s highest court in

The Hague, seeking a ruling in their decades-old dispute over

use of a river that crosses their shared border.

Read more

German battery maker sonnen GmbH wins backing from GE

FRANKFURT, June 6 (Reuters) - German battery maker sonnen

GmbH on Monday said it has secured financial backing from GE

Ventures, General Electric's venture capital subsidiary,

to develop its brand of residential power storage systems.

Read more

French strikes have no substantial impact on economy, Sapin says

PARIS, June 5 (Reuters) - Weeks of strikes in France over

planned labour reforms have not had a substantial impact on the

economy but could hurt its tepid recovery if they continue and

grow, Finance Minister Michel Sapin said in an interview.

Read more

Japan reaches million mark on electricity switching

TOKYO, June 6 (Reuters) - More than a million Japanese

retail electricity customers have switched suppliers, nine weeks

into a major power industry shake-up aimed at boosting choice

and energy security, figures from the national grid monitor

showed.

Read more

COLUMN-Australia's LNG sector knows its enemies, but not how to fight them: Russell

BRISBANE, June 6 (Reuters) - It should be a golden age for

Australia's liquefied natural gas (LNG) producers as they sit on

the cusp of becoming the world's largest supplier of the fuel

that holds the largest growth potential among its fossil rivals.

Read more

Sunday, June 5, 2016

Leviathan partners shrug off uncertainty over gas field's size

JERUSALEM, June 5 (Reuters) - The partners in Israel's

Leviathan natural gas field on Sunday shrugged off a lower

estimate of its size from the country's Energy Ministry, which

said the field could be 20 percent smaller than the companies

have predicted.

Read more

Polish power grid operator confirms it is limiting power imports from Lithuania

WARSAW, June 4 (Reuters) - Polish electricity grid operator

PSE confirmed on Saturday that it had imposed nightly limits on

importing power supply from Lithuania, saying the decision was

for technical reasons and only temporary.

Read more

Saturday, June 4, 2016

EDF plans to sell stake in RTE grid through a holding company - Le Figaro

PARIS, June 4 (Reuters) - French state-controlled utility

EDF plans to create a holding company through which it

could sell a 50 percent stake in RTE, operator of Europe's

biggest high-voltage electricity transmission grid, Le Figaro

said on Saturday.

Read more

UPDATE 1-Turkey's Unit International says agrees $4.2 bln deal to build Iran power plants

ISTANBUL, June 4 (Reuters) - Turkish energy company Unit

International has reached a $4.2 billion deal with Iran's energy

ministry to build seven natural gas power plants there, in what

it said was the biggest investment in Iran since the lifting of

sanctions.

Read more

Life of rock superstar Prince celebrated in new comic book

NEW YORK, June 3 (Reuters) - Prince, the innovative,

Grammy-winning musician who died of an accidental,

self-inflicted overdose of a powerful painkiller in April, is

being honored with a comic book about his life.

Read more

Dam completion signifies growing Indian influence in Afghanistan

KABUL, June 4 (Reuters) - India's Prime Minister Narendra

Modi visited Afghanistan on Saturday to mark the completion of a

nearly $300 million hydroelectric dam project, the latest symbol

of Indian investment in its South Asian neighbour.

Read more

Friday, June 3, 2016

U.S. natgas speculators switch from net short to net long -CFTC

June 3 (Reuters) - U.S. natural gas speculators switched to

net long after last week switching to net short, betting prices

will rise as production eases and demand picks up to absorb the

record-high amount of fuel left in inventories after a mild

winter.

Speculators in four major NYMEX and ICE markets added 10,192

contracts, changing their bets from a bearish 4,695 net shorts

in the week to May 24 to a bullish 5,497 net longs in the week

to May 31, the U.S. Commodity Futures Trading Commiss

Read more

UPDATE 1-U.S. natgas speculators switch from net short to net long - CFTC

(New throughout, adds price background)

June 3 (Reuters) - U.S. natural gas speculators switched to

net long positions this week, betting prices will rise as

production eases and demand picks up to absorb the record-high

amount of fuel left in inventories after a mild winter.

Speculators in four major NYMEX and ICE markets added 10,192

contracts, changing their bets from a bearish 4,695 net shorts

in the week to May 24 to a bullish 5,497 net longs in the week

to May 31, the U.S. Commo

Read more

CORRECTED-UPDATE 3-Riverstone to take Talen Energy private for $1.8 bln

* Offer represents a 17.3 pct premium to Talen's Thursday

close

Read more

Lithuanian, Polish regulators probe Polish power import limits

WARSAW/VILNIUS/TALLINN, June 3 (Reuters) - Energy market

regulators in Poland and Lithuania are investigating whether

Polish electricity grid operator PSE is breaking European Union

rules by limiting Lithuanian imports.

Read more

Total says majority OF workers at Grandpuits refinery vote to end strike

PARIS, June 3 (Reuters) - French oil and gas company Total

said on Friday that 62 percent of 340 workers who

participated in a ballot at its Grandpuits refinery in France

agreed to end a two-week strike.

Read more

Dutch grid operator can import 20 pct more electricity from Germany - regulator

AMSTERDAM, June 3 (Reuters) - The Netherlands will be

allowed to import up to 20 percent more electricity from

neighbouring Germany starting on June 4, the country's market

regulator said on Friday.

Read more

Riverstone to take Talen Energy private for $1.8 bln

June 3 (Reuters) - Power producer Talen Energy Corp

said private equity firm Riverstone Holdings LLC will buy the

remaining stake it does not already own in the company for about

$1.8 billion.

Read more

California natgas prices spike higher due Aliso Canyon outage

June 2 (Reuters) - California natural gas prices spiked to a

five-month high after state regulators approved rules to help

gas utilities manage the amount of fuel flowing in pipelines due

to the ongoing outage of the Aliso Canyon underground storage

facility.

Read more

Thursday, June 2, 2016

WRAPUP 1-Brazil Congress signals approval of spending ceiling - Meirelles

BRASILIA, June 2 (Reuters) - Finance Minister Henrique

Meirelles said on Thursday that Congress has signaled it is

willing to approve tough measures to control spending, as Brazil

fights to emerge from its worst recession since the 1930s.

Read more

REFILE-INTERVIEW-Brazil recovery on track despite political turmoil - top Temer aide

BRASILIA, June 2 (Reuters) - Interim Brazilian President

Michel Temer will press ahead with ambitious plans to balance

the budget, reform pensions and draw private money into the

energy sector despite the loss of two ministers to a corruption

scandal, his chief of staff said on Thursday.

Read more

Exelon to shut two nuclear plants in Illinois

June 2 (Reuters) - Exelon Corp, the biggest U.S.

nuclear power plant operator, said on Thursday it will shut

reactors at the Clinton and Quad Cities nuclear stations in

Illinois, given a lack of progress on state energy legislation

that would have allowed the plants to operate economically.

Read more

UPDATE 1-Brazil recovery on track despite political turmoil - top Temer aide

BRASILIA, June 2 (Reuters) - Interim President Michel

Temer's efforts to bring Brazil out of its worst economic

recession since the 1930s are going ahead as planned despite the

loss of two ministers to a corruption scandal, his chief of

staff said on Thursday.

Read more

UPDATE 1-Israel approves development of large offshore Leviathan natgas field

* Field is one of largest offshore discoveries of past

decade

Read more

UPDATE 2-Rail strike hits France, pilots call stoppage during Euro soccer

* Government refuses to back down over labour reforms

(Adds pilots' strike plan)

Read more

UPDATE 1-Thousands evacuated as France declares emergency over floods

PARIS/LONGJUMEAU, June 2 (Reuters) - Torrential rains across

France forced thousands of people from their homes and saw

stranded motorists rescued by soldiers as flood waters rose,

while in Paris a metro line was shut and staff at the Louvre

museum were told the venue was likely to close.

Read more

UPDATE 1-Bilfinger sells real-estate unit to EQT

* Says decision is result of intensive review of several

bids

Read more

E.ON's Uniper signals confidence with financing ahead of split

FRANKFURT, June 2 (Reuters) - German utility E.ON's

Uniper unit said on Thursday it has secured a 5

billion-euro ($5.6 billion) financing line from three big banks,

a move it says shows market confidence in its future after its

planned spin-off later this year.

Read more

Strikes reduce French power output, outages in some areas - CGT

PARIS, June 2 (Reuters) - French nuclear power output fell

by over 2,400 megawatts (MW) on Thursday, causing a few local

blackouts, the CGT union said, after workers at utility EDF

joined a nationwide rolling strike against a government

plan to reform labour laws.

Read more

New Philippine govt plans review of coal power projects, push for renewables

MANILA, June 2 (Reuters) - The new Philippine administration

needs to review dozens of coal-fired power projects now underway

or still on the drawing board as it seeks increased use of

renewable energy, the country's incoming economic planning chief

said.

Read more

Wednesday, June 1, 2016

Argentina backpedals on gas rationing measures for industry

BUENOS AIRES, June 1 (Reuters) - Argentina will loosen gas

consumption restrictions announced this week, the Energy

Ministry said on Wednesday, a day after ordering industrial

producers to reduce gas usage to zero to ensure supply for

households.

Read more

Argentine rulings may endanger government's utility price hikes

BUENOS AIRES, June 1 (Reuters) - An Argentine judge said on

Wednesday he had ordered electricity companies not to cut

services to consumers who fail to pay sharply increased bills,

the latest of several judicial decisions that may endanger

President Mauricio Macri's plan to help battle the fiscal

deficit with utility charges.

Read more

India, Westinghouse in 'advanced' talks to close nuclear deal -ambassador

WASHINGTON, June 1 (Reuters) - Toshiba Corp's

Westinghouse Electric and India are in "advanced discussions"

for the company to build six nuclear reactors there, the

country's ambassador to the United States said on Wednesday,

ahead of India Prime Minister Narendra Modi's planned visit to

Washington next week.

Read more

UPDATE 1-French power sector to go on strike from Thursday - union official

PARIS, June 1 (Reuters) - France's CGT union workers voted

on Wednesday to start rolling strikes in the power sector,

including at all 19 nuclear power plants, as part of nationwide

protests aimed at forcing the government to withdraw a disputed

planned labour reform.

Read more

French power sector to go on strike from Thursday - union official

PARIS, June 1 (Reuters) - France's CGT trade union workers

voted on Wednesday to start a rolling strike at all of France's

19 nuclear power plants as part of nationwide protests aimed at

forcing the government to withdraw a disputed planned labour

reform.

Read more

Over 17 mln women and girls collect water in Africa, at risk of rape and disease

LONDON, June 1 (Thomson Reuters Foundation) - At least 17

million women and girls in Africa collect water every day, which

increases their risk of sexual abuse, disease and dropping out

of school, a study published on Wednesday has found.

Read more

Cheap gas fuels emerging markets' new-found appetite for LNG

MILAN/LONDON, June 1 (Reuters) - Cheap gas is tempting out

new importers in Africa and South America, helping stave off a

deeper price rout hurting producers' bottom lines.

Read more

French FNME CGT union calls for rolling strike in energy sector

PARIS, June 1 (Reuters) - France's hardline CGT union has

asked its members to vote for a rolling nationwide strike in the

energy sector during general assembly meetings that will be held

later on Wednesday, CGT union at France's mines and energy

federation FNME said.

Read more

Next stop America for Russia's nuclear sales drive

MOSCOW, June 1 (Reuters) - Russia's Rosatom, already

challenging French and other rivals for nuclear plant sales

around the world, is now targeting entry into the U.S. fuel rod

market, a top executive with the company has told Reuters.

Read more

UPDATE 1-Indian oil payment backlog to Iran to be cleared soon -Iranian official

* Tehran seeking to reduce dependence on dollar

(Adds quotes, details)

Read more

UPDATE 1-Germany agrees to plug nuclear liability loophole

* Government approves storage cost fund recommendations

(Adds details, shares)

Read more