LONDON, July 30 (Reuters) - British Prime Minister Theresa
May was concerned about the security implications of a planned
Chinese investment in the new Hinkley Point nuclear plant and
intervened personally to delay the project, a former colleague
and a source said on Saturday.
Read more
Sunday, July 31, 2016
Saturday, July 30, 2016
UK's May was unhappy with Chinese investment, Hinkley project - former colleague
LONDON, July 30 (Reuters) - Theresa May was unhappy with the
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime minister cast into doubt a high-profile
Chinese-funded nuclear project.
Read more
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime minister cast into doubt a high-profile
Chinese-funded nuclear project.
Read more
UPDATE 1-China General Nuclear says respects Britain's decision to review Hinkley project
SHANGHAI, July 30 (Reuters) - China General Nuclear Power
Corp (CGN) on Saturday said it respects the decision of the new
British government to review a nuclear power project in which it
would hold a major stake, according to a statement on the
company's official microblog.
Read more
Corp (CGN) on Saturday said it respects the decision of the new
British government to review a nuclear power project in which it
would hold a major stake, according to a statement on the
company's official microblog.
Read more
China General Nuclear says respects Britain's decision to review Hinkley project
SHANGHAI, July 30 (Reuters) - China General Nuclear Power
Corp (CGN) on Saturday said it respects the decision of the new
British government to review a nuclear power project in which it
would hold a major stake, according to a statement on the
company's official microblog.
Read more
Corp (CGN) on Saturday said it respects the decision of the new
British government to review a nuclear power project in which it
would hold a major stake, according to a statement on the
company's official microblog.
Read more
Friday, July 29, 2016
New York could show the way to rescue U.S. nuclear plants
WASHINGTON, July 29 (Reuters) - New York state and nuclear
power have never been best friends, but the state is expected to
decide as soon as Monday on a proposed subsidy plan that could
furnish the rest of the country with a model for saving a
struggling industry while reducing carbon emissions.
Read more
power have never been best friends, but the state is expected to
decide as soon as Monday on a proposed subsidy plan that could
furnish the rest of the country with a model for saving a
struggling industry while reducing carbon emissions.
Read more
UPDATE 1-Spain's OHL mulls more asset sales after profit hit
MADRID, July 29 (Reuters) - Spanish construction group OHL
saw net profit almost wiped out in the first half,
after a big hit on a Canadian hospital contract, and said it was
open to more asset sales to get back to profitability.
Read more
saw net profit almost wiped out in the first half,
after a big hit on a Canadian hospital contract, and said it was
open to more asset sales to get back to profitability.
Read more
UPDATE 1-Michigan prosecutor charges six in Flint water scandal
DETROIT, July 29 (Reuters) - Six Michigan state employees
were charged on Friday in connection with dangerous levels of
lead in the city of Flint's drinking water, prosecutors said.
Read more
were charged on Friday in connection with dangerous levels of
lead in the city of Flint's drinking water, prosecutors said.
Read more
Housing shortage may damage S.Africa's ruling ANC in local elections
JOHANNESBURG, July 29 (Reuters) - Sylvia Mashile bitterly
recalls the cramped two-room house she and six other relatives
called home in a shantytown in South Africa, where the lack of
affordable housing may cost the ruling party at next week's
local elections.
Read more
recalls the cramped two-room house she and six other relatives
called home in a shantytown in South Africa, where the lack of
affordable housing may cost the ruling party at next week's
local elections.
Read more
Michigan prosecutor charges six in Flint water scandal -report
July 29 (Reuters) - Six Michigan state employees were
charged on Friday in connection with dangerous lead levels in
the city of Flint's drinking water, the Detroit Free Press
reported.
Read more
charged on Friday in connection with dangerous lead levels in
the city of Flint's drinking water, the Detroit Free Press
reported.
Read more
Monsoon deluge in Indian cities causes traffic chaos, sewage swirls
NEW DELHI, July 29 (Reuters) - Persistent heavy rains have
caused widespread disruption in India's major cities and severe
floods in the rugged northeast have killed at least 12 people,
the federal government said on Friday.
Read more
caused widespread disruption in India's major cities and severe
floods in the rugged northeast have killed at least 12 people,
the federal government said on Friday.
Read more
NextEra to buy bankrupt Energy Future and its stake in Oncor
July 29 (Reuters) - Power producer NextEra Energy Inc
said it had agreed to buy reorganized Energy Future
Holdings Corp and its indirect stake in Oncor Electric Delivery
Co in a deal with enterprise value of about $18.4 billion.
Read more
said it had agreed to buy reorganized Energy Future
Holdings Corp and its indirect stake in Oncor Electric Delivery
Co in a deal with enterprise value of about $18.4 billion.
Read more
UPDATE 1-NextEra to buy bankrupt Energy Future and its stake in Oncor
July 29 (Reuters) - Power producer NextEra Energy Inc
said it had agreed to buy reorganized Energy Future
Holdings Corp and its stake in Oncor Electric Delivery Co in a
deal with enterprise value of about $18.4 billion.
Read more
said it had agreed to buy reorganized Energy Future
Holdings Corp and its stake in Oncor Electric Delivery Co in a
deal with enterprise value of about $18.4 billion.
Read more
UPDATE 2-Britain casts doubt on EDF's Hinkley Point nuclear plan
LONDON, July 29 (Reuters) - Britain's new government has
cast doubt over a project with French energy company EDF
to build the UK's first new nuclear plant in decades,
delaying a decision on the plan just a day after the company's
board voted to proceed.
Read more
cast doubt over a project with French energy company EDF
to build the UK's first new nuclear plant in decades,
delaying a decision on the plan just a day after the company's
board voted to proceed.
Read more
UK says to review EDF's Hinkley Point nuclear energy plan
LONDON, July 29 (Reuters) - Britain's government has said it
will launch a new review into a controversial project to build
two new nuclear reactors led by French utility EDF, the
country's first new nuclear plant in decades.
Read more
will launch a new review into a controversial project to build
two new nuclear reactors led by French utility EDF, the
country's first new nuclear plant in decades.
Read more
Thursday, July 28, 2016
Michigan prosecutor to bring new criminal charges in Flint water scandal
DETROIT, July 28 (Reuters) - The Michigan Attorney General's
Office said on Thursday it will bring a second round of criminal
charges related to the investigation into dangerous lead levels
in the city of Flint's drinking water.
Read more
Office said on Thursday it will bring a second round of criminal
charges related to the investigation into dangerous lead levels
in the city of Flint's drinking water.
Read more
UPDATE 1-French CDC in talks to buy 49.9 pct stake in EDF power grid unit
PARIS, July 28 (Reuters) - French utility EDF has
entered exclusive talks with state-owned bank Caisse des Depots
and its unit CNP Assurances to sell them a 49.9 percent stake in
power grid unit RTE, it said in a statement on Thursday.
Read more
entered exclusive talks with state-owned bank Caisse des Depots
and its unit CNP Assurances to sell them a 49.9 percent stake in
power grid unit RTE, it said in a statement on Thursday.
Read more
UPDATE 2-TransCanada profit beats; asset sales plan moving ahead
July 28 (Reuters) - TransCanada Corp, Canada's
second-largest pipeline company, reported on Thursday a slightly
higher-than-expected quarterly profit, and said the process of
seeking buyers for the sale of some of its assets was well under
way.
Read more
second-largest pipeline company, reported on Thursday a slightly
higher-than-expected quarterly profit, and said the process of
seeking buyers for the sale of some of its assets was well under
way.
Read more
EDF confirms board approved Hinkley Point investment decision
PARIS, July 28 (Reuters) - French utility EDF said
in a statement that its board of directors had given the
company's president the go-ahead to sign all contracts and
agreements necessary to build the two nuclear reactors at
Hinkley Point in south-west England.
Read more
in a statement that its board of directors had given the
company's president the go-ahead to sign all contracts and
agreements necessary to build the two nuclear reactors at
Hinkley Point in south-west England.
Read more
UPDATE 1-Enel lifts guidance after beating first-half expectations
* H1 core earnings up 1.2 pct to 8.05 bln euros vs f'cast
7.9 bln
(Recasts, adds detail, shares)
Read more
7.9 bln
(Recasts, adds detail, shares)
Read more
Calif. power grid extends call for conservation during heat wave
July 28 (Reuters) - California's power grid operator
extended its call for consumers to conserve electricity into
Thursday as a heat wave continued to bake the state, especially
the inland cities.
Read more
extended its call for consumers to conserve electricity into
Thursday as a heat wave continued to bake the state, especially
the inland cities.
Read more
Flash floods kill scores in Nepal, India
KATHMANDU/GUWAHATI, India, July 28 (Reuters) - Flash floods
and landslides have killed at least 68 people in Nepal in the
past three days and another 15 are missing, local authorities
said on Thursday.
Read more
and landslides have killed at least 68 people in Nepal in the
past three days and another 15 are missing, local authorities
said on Thursday.
Read more
UPDATE 1-Canada's Cameco posts surprise loss on weak uranium prices
July 28 (Reuters) - Cameco Corp , the
world's No.2 uranium producer, reported a surprise quarterly
loss due to weak uranium demand and prices.
Read more
world's No.2 uranium producer, reported a surprise quarterly
loss due to weak uranium demand and prices.
Read more
EDF board member resigns ahead of Hinkley Point vote
PARIS, July 28 (Reuters) - An EDF board member has quit
ahead of a vote expected to give the French utility the go-ahead
to build the Hinkley Point nuclear plant in Britain, saying the
project is financially risky and will lead France further away
from renewable energy.
Read more
ahead of a vote expected to give the French utility the go-ahead
to build the Hinkley Point nuclear plant in Britain, saying the
project is financially risky and will lead France further away
from renewable energy.
Read more
Ukraine expects Russian gas transit to rise 7 pct in 2016
KIEV, July 28 (Reuters) - Ukraine, a major route for Russian
gas supplies to Europe, expects the transit to increase by
around 7 percent to up to 72 billion cubic meters in 2016, its
gas transport monopoly Ukrtransgaz said on Thursday.
Read more
gas supplies to Europe, expects the transit to increase by
around 7 percent to up to 72 billion cubic meters in 2016, its
gas transport monopoly Ukrtransgaz said on Thursday.
Read more
RPT-Total meets costs savings target early as oil rebound helps Q2 profits
PARIS, July 28 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
Read more
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
Read more
Judge moves to end Sabine Oil's bitter bankruptcy
WILMINGTON, Del., July 27 (Reuters) - A U.S. Bankruptcy
judge said on Wednesday she would approve Sabine Oil & Gas
Corp's plan of reorganization, which would clear the
way for the Texas energy producer to exit Chapter 11 after a
year-long battle with its creditors.
Read more
judge said on Wednesday she would approve Sabine Oil & Gas
Corp's plan of reorganization, which would clear the
way for the Texas energy producer to exit Chapter 11 after a
year-long battle with its creditors.
Read more
Total meets costs savings target early as oil rebound helps Q2 profits
PARIS, July 27 (Reuters) - French oil and gas company Total
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
Read more
said it had met its cost saving target ahead of
schedule as it reported a better-than-expected rise in second
quarter net profit led by increased output and a rebound in oil
prices.
Read more
Wednesday, July 27, 2016
UPDATE 1-Canadian premier 'not satisfied' with Husky spill response
July 27 (Reuters) - Saskatchewan Premier Brad Wall said on
Wednesday he was not satisfied with Husky Energy Inc's
emergency response to an oil spill into a river that supplies
drinking water, and said the western Canadian province needed to
consider ways to avoid a recurrence.
Read more
Wednesday he was not satisfied with Husky Energy Inc's
emergency response to an oil spill into a river that supplies
drinking water, and said the western Canadian province needed to
consider ways to avoid a recurrence.
Read more
UPDATE 1-Calif. power operator urges conservation during heat wave
July 27 (Reuters) - California's power grid operator issued
an alert urging consumers to conserve electricity on Wednesday
as a heat wave baked the state, especially in the north.
Read more
an alert urging consumers to conserve electricity on Wednesday
as a heat wave baked the state, especially in the north.
Read more
Telecom Italia shares soar on fibre broadband JV, earnings forecast
July 27 (Reuters) - Telecom Italia shares soared
by 11 percent on Wednesday after it announced a new fibre
broadband joint venture and nudged up its forecast for domestic
core earnings this year following better-than-expected
first-half results.
Read more
by 11 percent on Wednesday after it announced a new fibre
broadband joint venture and nudged up its forecast for domestic
core earnings this year following better-than-expected
first-half results.
Read more
Canadian premier 'not satisfied' with Husky spill response
July 27 (Reuters) - Saskatchewan Premier Brad Wall said on
Wednesday he was not satisfied with Husky Energy Inc's
emergency response to an oil spill into a river that supplies
drinking water, and said the western Canadian province needed to
consider ways to avoid a reoccurrence.
Read more
Wednesday he was not satisfied with Husky Energy Inc's
emergency response to an oil spill into a river that supplies
drinking water, and said the western Canadian province needed to
consider ways to avoid a reoccurrence.
Read more
Daimler says battery advances make electric trucks viable
FRANKFURT, July 27 (Reuters) - Daimler has
unveiled an electric truck capable of transporting up to 25
tonnes, putting zero-emission vehicles on a par with
conventional-engine variants in terms of payload and
performance.
Read more
unveiled an electric truck capable of transporting up to 25
tonnes, putting zero-emission vehicles on a par with
conventional-engine variants in terms of payload and
performance.
Read more
From herdsmen to central bankers, southern Africa counts drought cost
SEKOMA, Botswana, July 27 (Reuters) - Molefi Ramantele, a
small-scale livestock farmer who ekes out a living in Botswana's
arid scrubland, lost a third of his cattle in the drought that
has scorched southern Africa.
Read more
small-scale livestock farmer who ekes out a living in Botswana's
arid scrubland, lost a third of his cattle in the drought that
has scorched southern Africa.
Read more
Saudi cleaner fuels project harvests foreign bids to build
KHOBAR, Saudi Arabia, July 27 (Reuters) - Foreign
engineering companies have bid to build Saudi Aramco's
clean fuels project at the state oil giant's Ras
Tanura refinery, industry sources told Reuters.
Read more
engineering companies have bid to build Saudi Aramco's
clean fuels project at the state oil giant's Ras
Tanura refinery, industry sources told Reuters.
Read more
Emerstone Energy wins Ukraine shale search after Shell pulls out
KIEV, July 27 (Reuters) - A company set up by investment
fund Emerstone Energy has won a contract for shale gas
exploration in Ukraine, after Royal Dutch Shell PLC
withdrew as separatist violence erupted in Ukraine's
east.
Read more
fund Emerstone Energy has won a contract for shale gas
exploration in Ukraine, after Royal Dutch Shell PLC
withdrew as separatist violence erupted in Ukraine's
east.
Read more
Cyprus says Statoil, Exxon, ENI, Total interested in offshore gas
ATHENS, July 27 (Reuters) - Cyprus received expressions of
interest from ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum,
and Cairn in a licensing round for offshore hydrocarbon blocks
which lapsed last week, its energy ministry said on Wednesday.
Read more
interest from ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum,
and Cairn in a licensing round for offshore hydrocarbon blocks
which lapsed last week, its energy ministry said on Wednesday.
Read more
Floods ravage northeast Indian state, kill 58 in Nepal
GUWAHATI, India/KATHMANDU, July 27 (Reuters) - Severe floods
in India have affected more than 1.6 million people, buried
hundreds of villages and almost submerged a national park,
forcing wildlife to seek refuge on roads, authorities said on
Wednesday.
Read more
in India have affected more than 1.6 million people, buried
hundreds of villages and almost submerged a national park,
forcing wildlife to seek refuge on roads, authorities said on
Wednesday.
Read more
UPDATE 1-Morocco arrests 52 suspected militants, foils several attacks
RABAT, July 27 (Reuters) - Morocco said on Wednesday that it
had arrested 52 suspected militants inspired by Islamic State
and that it had foiled several attacks in the North African
kingdom by seizing weapons and bomb-making materials.
Read more
had arrested 52 suspected militants inspired by Islamic State
and that it had foiled several attacks in the North African
kingdom by seizing weapons and bomb-making materials.
Read more
Britain offers new oil and gas licences amid exploration drought
LONDON, July 27 (Reuters) - Britain has cut rental fees by
up to 90 percent in its latest tender for oil and gas licences
in the North Sea launched on Wednesday in a bid to attract
companies to find new fields in the mature basin.
Read more
up to 90 percent in its latest tender for oil and gas licences
in the North Sea launched on Wednesday in a bid to attract
companies to find new fields in the mature basin.
Read more
Tuesday, July 26, 2016
UPDATE 3-Tesla's Musk sees 'modest' capital raise for next strategic turn
SPARKS, Nevada, July 26 (Reuters) - Tesla Motors Inc's
next strategic turn could cost the electric car maker
"tens of billions" of dollars over the long term, but will
likely require only a "modest" capital raise, Chief Executive
Elon Musk said on Tuesday.
Read more
next strategic turn could cost the electric car maker
"tens of billions" of dollars over the long term, but will
likely require only a "modest" capital raise, Chief Executive
Elon Musk said on Tuesday.
Read more
Investment funds increase interest in Europe's offshore wind farms-study
LONDON, July 27 (Reuters) - Infrastructure and pension funds
have increased their ownership share of new European offshore
wind farms to more than a quarter, industry figures showed,
underlining growing interest among institutional investors in
renewable energy assets.
Read more
have increased their ownership share of new European offshore
wind farms to more than a quarter, industry figures showed,
underlining growing interest among institutional investors in
renewable energy assets.
Read more
Brazil's Energisa prices offer at 18.5 reais, near ceiling
SAO PAULO, July 26 (Reuters) - Energisa SA priced on Tuesday
an offering of new stock near the upper end of a suggested
range, signaling a stronger industry outlook will bolster plans
by Brazil's No. 6 power distributor to cut debt.
Read more
an offering of new stock near the upper end of a suggested
range, signaling a stronger industry outlook will bolster plans
by Brazil's No. 6 power distributor to cut debt.
Read more
UPDATE 2-OHL says it is in talks with fund over Mexico unit buyout
MADRID, July 26 (Reuters) - Spanish construction group OHL
confirmed on Tuesday it was in preliminary talks with
an unnamed investment fund over a joint bid to take its Mexican
unit private.
Read more
confirmed on Tuesday it was in preliminary talks with
an unnamed investment fund over a joint bid to take its Mexican
unit private.
Read more
UPDATE 1-Energisa to price Brazil stock offer near ceiling - sources
SAO PAULO, July 26 (Reuters) - Energisa SA will likely price
an offering of new stock near the upper end of a suggested range
on Tuesday, said three people involved in the deal, signalling a
stronger industry outlook may bolster plans by Brazil's No. 6
power distributor to cut debt.
Read more
an offering of new stock near the upper end of a suggested range
on Tuesday, said three people involved in the deal, signalling a
stronger industry outlook may bolster plans by Brazil's No. 6
power distributor to cut debt.
Read more
UPDATE 1-Husky says Canadian oil spill started day before crews arrived
WINNIPEG/CALGARY, July 26 (Reuters) - An oil spill into a
major Canadian river from a Husky Energy Inc pipeline
started last Wednesday evening and crews did not arrive on site
until the following morning, the company said on Tuesday.
Read more
major Canadian river from a Husky Energy Inc pipeline
started last Wednesday evening and crews did not arrive on site
until the following morning, the company said on Tuesday.
Read more
Canadian oil spill started day before crews arrived -Husky Energy
July 26 (Reuters) - An oil spill into a major Canadian river
from a Husky Energy Inc pipeline started last Wednesday
evening and crews did not arrive on site until the following
morning, the company said on Tuesday.
Read more
from a Husky Energy Inc pipeline started last Wednesday
evening and crews did not arrive on site until the following
morning, the company said on Tuesday.
Read more
Brazil's Energisa offering seen pricing at 18.50 reais -sources
SAO PAULO, July 26 (Reuters) - Energisa SA, Brazil's
sixth-largest power distributor, is expected on Tuesday to price
an offering of units at 18.50 reais each, closer to the upper
end of a suggested range, two sources familiar with the deal
said.
Read more
sixth-largest power distributor, is expected on Tuesday to price
an offering of units at 18.50 reais each, closer to the upper
end of a suggested range, two sources familiar with the deal
said.
Read more
Brazil agency to say Rio Olympics will bring no environmental gains -sources
BRASILIA, July 26 (Reuters) - Brazil's top government
finance and spending regulator is expected to report in the
coming months that Rio de Janeiro will receive almost none of
the environmental benefits promised by organizers of the 2016
Olympic Games, officials working on the report told Reuters.
Read more
finance and spending regulator is expected to report in the
coming months that Rio de Janeiro will receive almost none of
the environmental benefits promised by organizers of the 2016
Olympic Games, officials working on the report told Reuters.
Read more
Belgian scientists make novel water-from-urine machine
BRUSSELS, July 26 (Reuters) - A team of scientists at a
Belgian university say they have created a machine that turns
urine into drinkable water and fertilizer using solar energy, a
technique which could be applied in rural areas and developing
countries.
Read more
Belgian university say they have created a machine that turns
urine into drinkable water and fertilizer using solar energy, a
technique which could be applied in rural areas and developing
countries.
Read more
Over one million people hit as floods worsen in India's tea region of Assam
NEW DELHI, July 26 (Thomson Reuters Foundation) - More than
1.2 million people in northeast India have been hit by floods
which have submerged hundreds of villages, inundated large
swathes of farmland and damaged roads, bridges and
telecommunications services, local authorities said on Tuesday.
Read more
1.2 million people in northeast India have been hit by floods
which have submerged hundreds of villages, inundated large
swathes of farmland and damaged roads, bridges and
telecommunications services, local authorities said on Tuesday.
Read more
UPDATE 1-EDF shareholders approve 4 bln euro capital increase
PARIS, July 26 (Reuters) - Shareholders of France's EDF
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on whether to proceed with its Hinkley Point
UK nuclear project on Thursday.
Read more
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on whether to proceed with its Hinkley Point
UK nuclear project on Thursday.
Read more
Poland says lines up third investor as coal miner KHW needs more funds
KATOWICE, Poland, July 26 (Reuters) - Poland has lined up a
third investor for one of its troubled state-run coal mining
groups, KHW, to limit the amount of money Weglokoks and Enea
need to invest, the country's deputy energy minister
said on Tuesday.
Read more
third investor for one of its troubled state-run coal mining
groups, KHW, to limit the amount of money Weglokoks and Enea
need to invest, the country's deputy energy minister
said on Tuesday.
Read more
Russia, Turkey to discuss lifting food import ban, TurkStream link
MOSCOW, July 26 (Reuters) - Russian and Turkish officials
will discuss the lifting of a food imports ban that Russia
imposed after one of its bombers was downed by Turkey near the
Syrian border last November, Russian Deputy Prime Minister
Arkady Dvorkovich said on Tuesday.
Read more
will discuss the lifting of a food imports ban that Russia
imposed after one of its bombers was downed by Turkey near the
Syrian border last November, Russian Deputy Prime Minister
Arkady Dvorkovich said on Tuesday.
Read more
EDF shareholders approve 4 bln euro capital increase
PARIS, July 26 (Reuters) - Shareholders of France's EDF
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on its Hinkley Point UK nuclear project on
Thursday.
Read more
approved on Tuesday a planned 4 billion euro ($4.4
billion) capital increase ahead of the state-controlled
utility's decision on its Hinkley Point UK nuclear project on
Thursday.
Read more
Russia, Turkey discuss renewal of TurkStream project, no decision yet
MOSCOW, July 26 (Reuters) - The delegations of Russia and
Turkey discussed on Tuesday the resumption of the TurkStream
project aiming to build a natural gas pipeline from Russia to
Turkey, but no decision was reached yet, Russia's Deputy Energy
Minister Yury Sentyurin said.
Read more
Turkey discussed on Tuesday the resumption of the TurkStream
project aiming to build a natural gas pipeline from Russia to
Turkey, but no decision was reached yet, Russia's Deputy Energy
Minister Yury Sentyurin said.
Read more
Bavarian bomber called in video for more attacks-SITE
BERLIN, July 26 (Reuters) - A Syrian man who injured 15
people when he blew himself up in southern Germany - an attack
claimed by Islamic State - called in a video for further
attacks, U.S. monitoring group SITE reported, citing Islamic
State's Amaq news agency.
Read more
people when he blew himself up in southern Germany - an attack
claimed by Islamic State - called in a video for further
attacks, U.S. monitoring group SITE reported, citing Islamic
State's Amaq news agency.
Read more
UK's Drax sees 2016 earnings at lower end of forecast range
LONDON, July 26 (Reuters) - British power producer Drax
said its full-year earnings for 2016 would likely be at
the lower end of analysts' forecasts, after posting a 42 percent
drop for the first half of the year.
Read more
said its full-year earnings for 2016 would likely be at
the lower end of analysts' forecasts, after posting a 42 percent
drop for the first half of the year.
Read more
Monday, July 25, 2016
Contamination of water pushes up costs, makes safe water scarcer - study
RIO DE JANEIRO, July 25 (Thomson Reuters Foundation) -
C ontamination as people and agriculture crowd around water
sources has hiked the cost of water treatment by 50 percent in
some major cities, a study said on Monday, making it harder to
provide safe drinking water for a growing urban population.
Read more
C ontamination as people and agriculture crowd around water
sources has hiked the cost of water treatment by 50 percent in
some major cities, a study said on Monday, making it harder to
provide safe drinking water for a growing urban population.
Read more
Short of funds, Brazil's Chesf delays transmission line project
SAO PAULO, July 25 (Reuters) - State-run energy company
Chesf, a subsidiary of Brazil's federal energy holding company
Eletrobras, has delayed the delivery of more than 1,000
kilometers of transmission line projects for lack of funds to
complete the work, data compiled by Reuters showed.
Read more
Chesf, a subsidiary of Brazil's federal energy holding company
Eletrobras, has delayed the delivery of more than 1,000
kilometers of transmission line projects for lack of funds to
complete the work, data compiled by Reuters showed.
Read more
UPDATE 1-Husky oil spill hits water supply of second Canadian city
July 25 (Reuters) - An oil leak from a Husky Energy Inc
pipeline into a major Canadian river has forced a
second city in the province of Saskatchewan to stop drawing
drinking water, officials said on Monday, widening the impact
and cost of the spill.
Read more
pipeline into a major Canadian river has forced a
second city in the province of Saskatchewan to stop drawing
drinking water, officials said on Monday, widening the impact
and cost of the spill.
Read more
Canadian oil spill from Husky pipeline reaches Saskatchewan city
July 25 (Reuters) - An oil spill by Husky Energy Inc
into a major Canadian river reached the city of Prince
Albert, Saskatchewan on Monday, hours earlier than expected, as
workers there raced to stretch a 30-kilometre (19-mile) hose to
draw drinking water from another source.
Read more
into a major Canadian river reached the city of Prince
Albert, Saskatchewan on Monday, hours earlier than expected, as
workers there raced to stretch a 30-kilometre (19-mile) hose to
draw drinking water from another source.
Read more
Eletrobras unit sells Nicaragua utility stake for $44.2 mln
RIO DE JANEIRO, July 25 (Reuters) - A unit of Brazil's
state-led utility holding company Centrais Eletricas Brasileiras
SA sold its stake in a Nicaraguan hydroelectric
project for $44.2 million, Eletrobras, as the parent company is
known, said in a statement on Monday.
Read more
state-led utility holding company Centrais Eletricas Brasileiras
SA sold its stake in a Nicaraguan hydroelectric
project for $44.2 million, Eletrobras, as the parent company is
known, said in a statement on Monday.
Read more
Germany orders increased police presence after spate of attacks
BERLIN, July 25 (Reuters) - Germany will boost its police
presence at airports and train stations and carry out stop and
search operations close to border areas, Interior Minister
Thomas de Maiziere said on Monday, after four violent attacks in
less than a week.
Read more
presence at airports and train stations and carry out stop and
search operations close to border areas, Interior Minister
Thomas de Maiziere said on Monday, after four violent attacks in
less than a week.
Read more
UPDATE 1-SunEdison unit TerraForm Power adopts poison pill
July 25 (Reuters) - SunEdison Inc's unit
TerraForm Power Inc said it had adopted a shareholders
rights plan to prevent any sale of a significant number of Class
A shares in the company.
Read more
TerraForm Power Inc said it had adopted a shareholders
rights plan to prevent any sale of a significant number of Class
A shares in the company.
Read more
Quadran, Eolfi-CGN win French floating offshore tenders
PARIS, July 25 (Reuters) - A consortium led by French-based
Quadran and a consortium of French group Eolfi and Chinese
nuclear group CGN have won tenders for pilot floating wind parks
off the coast of France, the companies said.
Read more
Quadran and a consortium of French group Eolfi and Chinese
nuclear group CGN have won tenders for pilot floating wind parks
off the coast of France, the companies said.
Read more
Vietnam gets loans from World Bank to aid competitiveness, green growth
HANOI, July 25 (Reuters) - The World Bank and Vietnam on
Monday signed agreements under which the country will get $371
million in loans and grants to support its economic
competitiveness, green growth and water management.
Read more
Monday signed agreements under which the country will get $371
million in loans and grants to support its economic
competitiveness, green growth and water management.
Read more
Mozambique closes in on huge gas deal after years of delays
JOHANNESBURG, July 25 (Reuters) - Mozambique's long-delayed
offshore gas project with Italy's Eni could be approved
within months, sources close to the deal said, sparking
investments with the potential to transform one of the world's
poorest countries into a major energy player.
Read more
offshore gas project with Italy's Eni could be approved
within months, sources close to the deal said, sparking
investments with the potential to transform one of the world's
poorest countries into a major energy player.
Read more
UPDATE 1-Australian state govt says at least two bids received for Ausgrid network
SYDNEY, July 25 (Reuters) - At least two bids have been
received for Australia's biggest electricity network, the New
South Wales government said on Monday, without confirming that
one of them is from State Grid of China.
Read more
received for Australia's biggest electricity network, the New
South Wales government said on Monday, without confirming that
one of them is from State Grid of China.
Read more
Australia state govt says at least two bids received for Ausgrid power network
SYDNEY, July 25 (Reuters) - At least two bids have been
received for Australia's biggest electricity network, the New
South Wales government said on Monday, without confirming that
one of them is from State Grid of China.
Read more
received for Australia's biggest electricity network, the New
South Wales government said on Monday, without confirming that
one of them is from State Grid of China.
Read more
Sunday, July 24, 2016
CORRECTED-UPDATE 3-One dead, 10 injured in blast near Nuremberg, Germany -police
BERLIN, July 25 (Reuters) - An explosion killed at least one
person and injured 10 others near the German city of Nuremberg
on Sunday in what authorities said was believed to be an
intentional blast.
Read more
person and injured 10 others near the German city of Nuremberg
on Sunday in what authorities said was believed to be an
intentional blast.
Read more
At least 40 percent of Canada oil spill recovered -officials
July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
UPDATE 1-At least 40 percent of Canada oil spill recovered -officials
July 24 (Reuters) - Authorities have recovered at least 40
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
percent of the 1,572 barrels of oil that leaked into a major
western Canadian river, but the spill is still moving downstream
and threatening the drinking water of riverside communities,
officials said on Sunday.
Read more
Anger, mourning in Afghanistan after Kabul suicide attack
KABUL, July 24 (Reuters) - Relatives of some of those killed
in a big suicide attack in Kabul searched through a bloodied
assortment of belongings left after the twin blasts as they
prepared for funerals on Sunday in a mood of growing anger with
political leaders.
Read more
in a big suicide attack in Kabul searched through a bloodied
assortment of belongings left after the twin blasts as they
prepared for funerals on Sunday in a mood of growing anger with
political leaders.
Read more
UPDATE 1-Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water of
several communities along the coast.
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water of
several communities along the coast.
Read more
Saturday, July 23, 2016
Canadian authorities seek to contain oil spill moving down river
July 23 (Reuters) - Authorities are building a new
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water
of several communities along the coast.
Read more
containment boom to fight an oil spill in a major western
Canadian river, officials said on Saturday, after the spill
breached a previous barrier and threatened the drinking water
of several communities along the coast.
Read more
UPDATE 2-Tropical Storm Darby nears Hawaii, emergency declared
July 23 (Reuters) - Tropical Storm Darby bore down on Hawaii
on Saturday, prompting its governor to declare an emergency over
a storm expected to make landfall with strong winds and heavy
rain later in the day.
Read more
on Saturday, prompting its governor to declare an emergency over
a storm expected to make landfall with strong winds and heavy
rain later in the day.
Read more
WIDER IMAGE-A photographer's challenge: Libyan forces battle for Islamic State stronghold
SIRTE, Libya, July 23 (Reuters) - "When everyone shouts
'Allahu Akbar' (God is Great) I know that a tank or a cannon
will fire."
Read more
'Allahu Akbar' (God is Great) I know that a tank or a cannon
will fire."
Read more
UPDATE 1-Afghan Hazara minority protest in Kabul over power line route
KABUL, July 23 (Reuters) - Thousands of people from
Afghanistan's Hazara minority demonstrated in the capital Kabul
on Saturday to demand changes to the route of a planned
multi-million dollar power transmission line.
Read more
Afghanistan's Hazara minority demonstrated in the capital Kabul
on Saturday to demand changes to the route of a planned
multi-million dollar power transmission line.
Read more
Members of Afghan Hazara minority protest in Kabul over power line route
KABUL, July 23 (Reuters) - Thousands of people from
Afghanistan's Hazara minority demonstrated in the capital Kabul
on Saturday to demand changes to the route of a planned
multi-million dollar power transmission line.
Read more
Afghanistan's Hazara minority demonstrated in the capital Kabul
on Saturday to demand changes to the route of a planned
multi-million dollar power transmission line.
Read more
Hawaii issues emergency proclamation ahead of Tropical Storm Darby
July 23 (Reuters) - Hawaii Governor David Ige on Friday
issued an emergency proclamation ahead of the arrival of
Tropical Storm Darby, a storm that could reach land over the
next day bringing with it heavy rains and strong wind.
Read more
issued an emergency proclamation ahead of the arrival of
Tropical Storm Darby, a storm that could reach land over the
next day bringing with it heavy rains and strong wind.
Read more
Friday, July 22, 2016
Electrical connections in Rio Olympic Park still not finished - sources
RIO DE JANEIRO, July 22 (Reuters) - Electrical energy connections at Rio's Olympic Park are still not finished two weeks before the summer games, creating supply risks for sports venues and athlete accommodations, according to two people familiar with the matter.
Read more
Read more
UPDATE 1-U.S. oil drillers add rigs for fourth straight week - Baker Hughes
(Adds basin details, natural gas rigs to the total count)
July 22 (Reuters) - U.S. drillers this week added oil rigs
for a fourth consecutive week, according to a closely followed
report on Friday, with the recent return to the well pad
expected to soften the decline in domestic crude production.
Drillers added 14 oil rigs in the week to July 22, bringing
the total rig count up to 371, compared with 659 a year ago,
energy services firm Baker Hughes Inc said. That is the
biggest weekly
Read more
GLOBAL LNG-Prices rally on Argentinian buying, outages and tight supply
MILAN, July 22 (Reuters) - Asian liquefied natural gas (LNG)
prices extended a run of gains this week as Argentinian
purchasing helped fuel the rally, against the backdrop of two
major producers shutting in exports in September.
Read more
prices extended a run of gains this week as Argentinian
purchasing helped fuel the rally, against the backdrop of two
major producers shutting in exports in September.
Read more
UPDATE 1-Husky Energy works to clean up oil spilled into Canadian river
July 22 (Reuters) - Husky Energy Inc crews worked
on Friday to clean-up an oil spill into a major western Canadian
river, a government official said, with efforts focused on
ensuring it does not contaminate the drinking water of
communities downstream.
Read more
on Friday to clean-up an oil spill into a major western Canadian
river, a government official said, with efforts focused on
ensuring it does not contaminate the drinking water of
communities downstream.
Read more
New gas pipelines would make U.S. miss climate target -report
WASHINGTON, July 22 (Reuters) - The United States will miss
its emission-reduction targets under the Paris climate agreement
if 19 pending natural gas pipelines are built across eastern
states, a report published on Friday by environmental groups
said.
Read more
its emission-reduction targets under the Paris climate agreement
if 19 pending natural gas pipelines are built across eastern
states, a report published on Friday by environmental groups
said.
Read more
RPT-Amazon set to increase bet on Italy's digital turnaround plan - sources
MILAN, July 22 (Reuters) - Online retailer Amazon.com
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
Japan business lobby says Abe govt can't rely on nuclear energy
TOKYO, July 22 (Reuters) - Japan's use of nuclear power is
unlikely to meet a government target of returning to near
pre-Fukushima levels and the world's No.3 economy needs to get
serious about boosting renewables, a senior executive at a top
business lobby said.
Read more
unlikely to meet a government target of returning to near
pre-Fukushima levels and the world's No.3 economy needs to get
serious about boosting renewables, a senior executive at a top
business lobby said.
Read more
High water mark: active marijuana ingredient found in U.S. town well
DENVER, July 21 (Reuters) - Residents of a small farming
community in eastern Colorado have been warned to avoid drinking
the town's water after THC, the psychoactive agent in marijuana,
was found in one of its feeder wells, authorities said on
Thursday.
Read more
community in eastern Colorado have been warned to avoid drinking
the town's water after THC, the psychoactive agent in marijuana,
was found in one of its feeder wells, authorities said on
Thursday.
Read more
Thursday, July 21, 2016
Amazon set to increase bet on Italy's digital turnaround plan - sources
MILAN, July 22 (Reuters) - Online retailer Amazon.com
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
is set to announce on Friday the first in a series of
investments in Italy worth at least 500 million euros ($550
million), a bet on the government's plan to go from laggard to
leader in digital commerce, sources said.
Read more
EDF board to review Hinkley Point investment decision next week
PARIS, July 21 (Reuters) - French utility EDF
called a board meeting for July 28 to consider a final
investment decision on its 18 billion pound ($24 billion)
Hinkley Point C nuclear project in Britain, the company said on
Thursday.
Read more
called a board meeting for July 28 to consider a final
investment decision on its 18 billion pound ($24 billion)
Hinkley Point C nuclear project in Britain, the company said on
Thursday.
Read more
UPDATE 1-EDF board to review Hinkley Point investment decision next week
PARIS, July 21 (Reuters) - French utility EDF
called a board meeting for July 28 that will consider a final
investment decision on its 18 billion pound ($24 billion)
Hinkley Point C nuclear project in Britain, the company said on
Thursday.
Read more
called a board meeting for July 28 that will consider a final
investment decision on its 18 billion pound ($24 billion)
Hinkley Point C nuclear project in Britain, the company said on
Thursday.
Read more
Obama administration offers EV charging loan guarantees
WASHINGTON, July 21 (Reuters) - The White House on Thursday
said it was expanding a federal loan guarantee program to
include companies building electric vehicle (EV) charging
stations, part of a broader effort to boost EV sales.
Read more
said it was expanding a federal loan guarantee program to
include companies building electric vehicle (EV) charging
stations, part of a broader effort to boost EV sales.
Read more
Brazil will not freeze spending now to meet fiscal goal -minister
BRASILIA, July 21 (Reuters) - The Brazilian government will
not freeze spending immediately to meet its key fiscal target
for this year, the president's Chief of Staff Eliseu Padilha
said on Thursday.
Read more
not freeze spending immediately to meet its key fiscal target
for this year, the president's Chief of Staff Eliseu Padilha
said on Thursday.
Read more
Odebrecht Peru deal hits snag as banks fret over $4.1 bln loan -sources
SAO PAULO/LIMA, July 21 (Reuters) - Lenders could accelerate
the disbursement of a $4.125 billion loan to Peruvian gas
pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian
engineering group Odebrecht SA fully exits the project
overseeing the construction of the pipelines, three people
familiar with the matter said on Thursday.
Read more
the disbursement of a $4.125 billion loan to Peruvian gas
pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian
engineering group Odebrecht SA fully exits the project
overseeing the construction of the pipelines, three people
familiar with the matter said on Thursday.
Read more
France to reveal buyers of Lyon, Nice airports by end-July - sources
PARIS, July 21 (Reuters) - France will announce the winning
bidders in the privatisation of Lyon and Nice airports around
the end of next week, several sources close to the matter said
on Thursday.
Read more
bidders in the privatisation of Lyon and Nice airports around
the end of next week, several sources close to the matter said
on Thursday.
Read more
German utility RWE's local investors secure influence at Innogy
DUESSELDORF, Germany, July 21 (Reuters) - Municipal
shareholders in Germany's RWE have secured continued
influence at the utility's renewables and retail business, the
head of their representative body told Reuters, signalling
improvement in a relationship that is key to the group and its
cash-strapped local investors.
Read more
shareholders in Germany's RWE have secured continued
influence at the utility's renewables and retail business, the
head of their representative body told Reuters, signalling
improvement in a relationship that is key to the group and its
cash-strapped local investors.
Read more
UPDATE 1-France and Ireland eye 1 bln euro power link by 2025
* French power prices around 30 pct lower than Britain
(Updates with comment, start date, background)
Read more
(Updates with comment, start date, background)
Read more
Ag-tech startup Indigo raises $100 mln new funding round
SAN FRANCISCO, July 21 (Reuters) - Agriculture technology
startup Indigo has raised $100 million in a new round of
funding, bringing its total financing to more than $150 million,
a sign of growing investor interest in new ways to ease food
scarcity.
Read more
startup Indigo has raised $100 million in a new round of
funding, bringing its total financing to more than $150 million,
a sign of growing investor interest in new ways to ease food
scarcity.
Read more
France and Ireland grid operators take 1 bln euros cable project to next phase
PARIS, July 21 (Reuters) - French electricity grid operator
RTE and Ireland's EirGrid said on Thursday they are taking their
1 billion euros ($1.1 billion) subsea electricity cable project
linking Ireland and France to the next phase following the
completion of feasibility studies.
Read more
RTE and Ireland's EirGrid said on Thursday they are taking their
1 billion euros ($1.1 billion) subsea electricity cable project
linking Ireland and France to the next phase following the
completion of feasibility studies.
Read more
GasTerra seeks $1 bln in back payments from Eni via arbitration
AMSTERDAM, July 21 (Reuters) - Dutch gas wholesaler GasTerra
said on Thursday it would seek an arbitration ruling against Eni
to recover 918 million euros ($1.01 billion) in back
payments it said it was owed after the Italian oil and gas group
lost a price review arbitration.
Read more
said on Thursday it would seek an arbitration ruling against Eni
to recover 918 million euros ($1.01 billion) in back
payments it said it was owed after the Italian oil and gas group
lost a price review arbitration.
Read more
Sanctions hinder Russian efforts to build power plant - sources
MOSCOW, July 21 (Reuters) - A state tender for a company to
build and operate a power plant in southern Russia attracted no
bids partly because firms feared falling foul of EU sanctions
should any electricity be diverted to nearby Crimea, industry
sources said.
Read more
build and operate a power plant in southern Russia attracted no
bids partly because firms feared falling foul of EU sanctions
should any electricity be diverted to nearby Crimea, industry
sources said.
Read more
Cut in subsidies to make Brazil power costlier but more efficient
SAO PAULO, July 20 (Reuters) - Large private and foreign
groups will displace Brazil's state-led power companies in
upcoming energy auctions, causing consumer electricity bills to
rise as the BNDES development bank cuts long-standing loan
subsidies for the domestic industry.
Read more
groups will displace Brazil's state-led power companies in
upcoming energy auctions, causing consumer electricity bills to
rise as the BNDES development bank cuts long-standing loan
subsidies for the domestic industry.
Read more
SSE loses 50,000 customers in three months to end June
LONDON, July 21 (Reuters) - Britain's second-biggest energy
supplier SSE said on Thursday it had lost another 50,000
power and gas customers over the three months ending June 30,
further reflecting the trend of small suppliers grabbing market
share from incumbents.
Read more
supplier SSE said on Thursday it had lost another 50,000
power and gas customers over the three months ending June 30,
further reflecting the trend of small suppliers grabbing market
share from incumbents.
Read more
Wednesday, July 20, 2016
EU wants more details from Germany before deciding on Russian gas pipeline deal
BRUSSELS, July 20 (Reuters) - The European Commission, which
is due to rule on Russia's plans to pump more gas to Germany via
a land link from its Nord Stream pipeline, says it needs more
details from German regulators before making a decision.
Read more
is due to rule on Russia's plans to pump more gas to Germany via
a land link from its Nord Stream pipeline, says it needs more
details from German regulators before making a decision.
Read more
Global extraction of primary materials to triple by 2050 -UNEP
LONDON, July 20 (Reuters) - The amount of primary materials
extracted from the earth will almost triple by the middle of
this century if action is not taken, as emerging economies
develop and consume more, a U.N.-backed report said on
Wednesday.
Read more
extracted from the earth will almost triple by the middle of
this century if action is not taken, as emerging economies
develop and consume more, a U.N.-backed report said on
Wednesday.
Read more
UPDATE 1-Total seen unlikely to fight ExxonMobil over South Pacific gas
MELBOURNE, July 20 (Reuters) - Total SA is
unlikely to challenge ExxonMobil in a bidding war for
explorer InterOil Corp, the French firm's partner in a
gas field in Papua New Guinea, analysts said on Wednesday.
Read more
unlikely to challenge ExxonMobil in a bidding war for
explorer InterOil Corp, the French firm's partner in a
gas field in Papua New Guinea, analysts said on Wednesday.
Read more
UPDATE 1-U.S., Enbridge reach $177 million settlement over 2010 oil spills
July 20 (Reuters) - The U.S. government and American units
of Enbridge Inc announced a settlement on Wednesday in
which the Canadian pipeline company will pay $177 million after
two 2010 oil spills that released crude oil in Michigan and
Illinois.
Read more
of Enbridge Inc announced a settlement on Wednesday in
which the Canadian pipeline company will pay $177 million after
two 2010 oil spills that released crude oil in Michigan and
Illinois.
Read more
UPDATE 1-SunEdison looking to sell interests in unit Terraform Global
July 20 (Reuters) - Bankrupt solar company SunEdison Inc
is looking to sell its interests in Terraform Global
Inc, the "yieldco" said on Wednesday.
Read more
is looking to sell its interests in Terraform Global
Inc, the "yieldco" said on Wednesday.
Read more
SunEdison plans to sell interest in unit Terraform Global
July 20 (Reuters) - Terraform Global Inc said on
Wednesday bankrupt solar company SunEdison Inc is
looking to sell its interest in the "yieldco".
Read more
Wednesday bankrupt solar company SunEdison Inc is
looking to sell its interest in the "yieldco".
Read more
Total says analysing ExxonMobil's competing offer for InterOil
PARIS, July 20 (Reuters) - French oil and gas company Total
said on Wednesday it was analysing a competing offer
made by rival U.S oil giant ExxonMobil's for explorer
InterOil Corp, its partner in a gas field in Papua New
Guinea.
Read more
said on Wednesday it was analysing a competing offer
made by rival U.S oil giant ExxonMobil's for explorer
InterOil Corp, its partner in a gas field in Papua New
Guinea.
Read more
Total seen unlikely to fight ExxonMobil over South Pacific gas
MELBOURNE, July 20 (Reuters) - Total SA is
unlikely to take on ExxonMobil in a bidding war for
explorer InterOil Corp, the French giant's partner in a
rich gas field in Papua New Guinea, analysts said on Wednesday.
Read more
unlikely to take on ExxonMobil in a bidding war for
explorer InterOil Corp, the French giant's partner in a
rich gas field in Papua New Guinea, analysts said on Wednesday.
Read more
UPDATE 1-China pipeline fire kills two, cuts gas supplies
BEIJING, July 20 (Reuters) - China's Sinopec
has shut down a section of the Sichuan-East China gas
pipeline in the country's central region after it was hit by a
landslide and fire, killing two people.
Read more
has shut down a section of the Sichuan-East China gas
pipeline in the country's central region after it was hit by a
landslide and fire, killing two people.
Read more
Local governor to seek shutdown of Japan's only operating nuke plant-media
TOKYO, July 20 (Reuters) - A newly elected local governor
will ask Kyushu Electric Power Co for a temporary
shutdown of Sendai nuclear plant, Japan's only operating
facility, as early as August, Asahi newspaper said on Wednesday.
Read more
will ask Kyushu Electric Power Co for a temporary
shutdown of Sendai nuclear plant, Japan's only operating
facility, as early as August, Asahi newspaper said on Wednesday.
Read more
Tuesday, July 19, 2016
Argentina's Pampa Energia sells TGS gas stake in $241 mln deal
BUENOS AIRES, July 19 (Reuters) - Argentine utilities
company Pampa Energia said on Tuesday it had sold its
indirect stake in local natural gas supplier Transportadora de
Gas del Sur (TGS) for $241 million.
Read more
company Pampa Energia said on Tuesday it had sold its
indirect stake in local natural gas supplier Transportadora de
Gas del Sur (TGS) for $241 million.
Read more
Libya's UN backed government moves to tackle power cuts in key test
TRIPOLI, July 19 (Reuters) - Libya's U.N.-backed government
is moving to tackle chronic power outages in a key test of the
Tripoli-based administration's ability to take executive control
and win support by improving living conditions.
Read more
is moving to tackle chronic power outages in a key test of the
Tripoli-based administration's ability to take executive control
and win support by improving living conditions.
Read more
Rotterdam offers burial at sea for greenhouse gases
ROTTERDAM, Netherlands/GHENT, Belgium, July 19 (Reuters) - A
scheme to collect millions of tonnes of greenhouse gases and
bury them under the North Sea off the coast of Rotterdam is
Europe's best hope of showing it can make carbon capture and
storage (CCS) technology work.
Read more
scheme to collect millions of tonnes of greenhouse gases and
bury them under the North Sea off the coast of Rotterdam is
Europe's best hope of showing it can make carbon capture and
storage (CCS) technology work.
Read more
Saipem-led consortium wants up to $49 mln more for building Polish LNG terminal
WARSAW, July 19 (Reuters) - The consortium that built
Poland's new liquefied natural gas (LNG) terminal has filed a
request for an additional payment of up to $49 million for the
project from Polskie LNG, which operates the facility, a
consortium member said on Tuesday.
Read more
Poland's new liquefied natural gas (LNG) terminal has filed a
request for an additional payment of up to $49 million for the
project from Polskie LNG, which operates the facility, a
consortium member said on Tuesday.
Read more
Murray Energy working with investment banks on debt relief -sources
July 18 (Reuters) - Murray Energy Corp, one of
the largest privately held U.S. coal miners, is working with
investment banks to renegotiate terms of its credit agreements
in a bid to stave off bankruptcy, people familiar with the talks
said on Monday.
Read more
the largest privately held U.S. coal miners, is working with
investment banks to renegotiate terms of its credit agreements
in a bid to stave off bankruptcy, people familiar with the talks
said on Monday.
Read more
Monday, July 18, 2016
MEDIA LINK-Russian businessman Kerimov wants to buy Rusal stake from Onexim -Ifax
MOSCOW, July 18 (Reuters) - A firm owned by Russian
businessman Said Kerimov has offered to buy Onexim Group's 17.02
percent stake in aluminium giant Rusal, Interfax news
agency reported on Monday, citing a source familiar with the
situation:
Read more
businessman Said Kerimov has offered to buy Onexim Group's 17.02
percent stake in aluminium giant Rusal, Interfax news
agency reported on Monday, citing a source familiar with the
situation:
Read more
French unions walk out of nuclear sector meeting with minister
PARIS, July 18 (Reuters) - Several French trade unions
walked out of a meeting with the economy minister on the nuclear
sector on Monday, saying they did not want their participation
used as a cover to sanction decisions such as on EDF's Hinkley
Point project in Britain.
Read more
walked out of a meeting with the economy minister on the nuclear
sector on Monday, saying they did not want their participation
used as a cover to sanction decisions such as on EDF's Hinkley
Point project in Britain.
Read more
Britain facing higher winter gas imports due to Rough outage
LONDON, July 18 (Reuters) - Even if Britain's main natural
gas storage site manages to resume some withdrawals, the country
will need to import up to 1.75 billion cubic metres (bcm) of
additional gas this winter, according to analysts.
Read more
gas storage site manages to resume some withdrawals, the country
will need to import up to 1.75 billion cubic metres (bcm) of
additional gas this winter, according to analysts.
Read more
Kosovo jails five for planning to pledge loyalty to Islamic state
PRISTINA, July 18 (Reuters) - A Kosovo court sent five
people to prison for terms ranging from four to 13 years on
terrorism charges for planning to pledge loyalty to the Islamic
State and post a video of the event on the internet.
Read more
people to prison for terms ranging from four to 13 years on
terrorism charges for planning to pledge loyalty to the Islamic
State and post a video of the event on the internet.
Read more
UPDATE 1-Austria's Verbund raises outlook, announces job cuts
VIENNA, July 18 (Reuters) - Austrian hydropower producer
Verbund on Monday raised its outlook for the year
based on cost savings and favourable developments in the
electricity business but said it planned to cut costs further
and scale back dividend payments.
Read more
Verbund on Monday raised its outlook for the year
based on cost savings and favourable developments in the
electricity business but said it planned to cut costs further
and scale back dividend payments.
Read more
Can we feed the world without cutting forests? It can be done, says U.N.
ROME, July 18 (Thomson Reuters Foundation) - Agriculture is
the biggest driver of deforestation globally fuelled by a
growing demand for food, yet it is possible to feed the world
without cutting forests, the U.N. Food and Agriculture
Organization (FAO) said on Monday.
Read more
the biggest driver of deforestation globally fuelled by a
growing demand for food, yet it is possible to feed the world
without cutting forests, the U.N. Food and Agriculture
Organization (FAO) said on Monday.
Read more
Sunday, July 17, 2016
Turkmenistan's first-half GDP growth slows to 6.1 pct
ASHGABAT, July 16 (Reuters) - Turkmenistan's gross domestic
product growth slowed to 6.1 percent in the first half of 2016
from 9.1 percent a year earlier, official newspaper Neutral
Turkmenistan reported on Saturday.
Read more
product growth slowed to 6.1 percent in the first half of 2016
from 9.1 percent a year earlier, official newspaper Neutral
Turkmenistan reported on Saturday.
Read more
Saturday, July 16, 2016
UPDATE 1-Regulatory changes in Brazil may ease Cesp power utility sale
SAO PAULO, July 15 (Reuters) - Regulatory changes under
Brazil's interim President Michel Temer could soon facilitate a
sale by Sao Paulo's state government of its controlling interest
in power utility Cesp SA, a state official said on
Friday.
Read more
Brazil's interim President Michel Temer could soon facilitate a
sale by Sao Paulo's state government of its controlling interest
in power utility Cesp SA, a state official said on
Friday.
Read more
UPDATE 3-Brazil's São Paulo state mulls sale of CESP stake, shares soar
SAO PAULO, July 15 (Reuters) - Brazil's São Paulo state said
it was considering the sale of its controlling stake in the
country's No. 4 electricity generator, CESP,
triggering a 19 percent surge in the price of its preferred
shares.
Read more
it was considering the sale of its controlling stake in the
country's No. 4 electricity generator, CESP,
triggering a 19 percent surge in the price of its preferred
shares.
Read more
Friday, July 15, 2016
UPDATE 1-Nice airport sale process delayed due to attack - Economy Ministry
PARIS, July 15 (Reuters) - The sale procedure for Nice
airport, France's biggest regional airport, has been delayed for
eight days following an attack on the French Riviera resort that
killed 84 people, a spokeswoman for the Economy Ministry said.
Read more
airport, France's biggest regional airport, has been delayed for
eight days following an attack on the French Riviera resort that
killed 84 people, a spokeswoman for the Economy Ministry said.
Read more
COLUMN-U.S. gas prices must rise to rebalance market: Kemp
LONDON, July 15 (Reuters) - The U.S. natural gas market is
on an unsustainable course as low prices stimulate strong growth
in consumption while production is flat or falling.
Read more
on an unsustainable course as low prices stimulate strong growth
in consumption while production is flat or falling.
Read more
Argentines bang pots against soaring utility bills under Macri
BUENOS AIRES, July 14 (Reuters) - Thousands of Argentines
banged pots and marched through public squares in the rain on
Thursday to protest steep hikes to basic services after
President Maurcio Macri slashed subsidies for utilities.
Read more
banged pots and marched through public squares in the rain on
Thursday to protest steep hikes to basic services after
President Maurcio Macri slashed subsidies for utilities.
Read more
Nice airport sale process delayed due to attack -Economy Ministry
PARIS, July 15 (Reuters) - The sale procedure for Nice
airport, France's biggest regional airport, has been delayed for
eight days following an attack on the French Riviera resort town
that left 84 people dead and scores injured, a spokeswoman for
the Economy Ministry said.
Read more
airport, France's biggest regional airport, has been delayed for
eight days following an attack on the French Riviera resort town
that left 84 people dead and scores injured, a spokeswoman for
the Economy Ministry said.
Read more
Thursday, July 14, 2016
Fidelity preparing bid for Energy Future's Oncor with creditors -sources
NEW YORK, July 14 (Reuters) - Fidelity Investments is
working on preparing a bid with other creditors of Energy Future
Holdings Corp to acquire through Energy Future's
bankruptcy the company's crown jewel, Oncor, according to people
familiar with the matter.
Read more
working on preparing a bid with other creditors of Energy Future
Holdings Corp to acquire through Energy Future's
bankruptcy the company's crown jewel, Oncor, according to people
familiar with the matter.
Read more
UPDATE 1-Pan American Energy to invest $1.4 bln in Argentina this year
BUENOS AIRES, July 14 (Reuters) - Pan American Energy LLC
, a unit of BP, said on Thursday that it will
invest $1.4 billion in exploring and producing Argentina's
conventional and unconventional energy reserves.
Read more
, a unit of BP, said on Thursday that it will
invest $1.4 billion in exploring and producing Argentina's
conventional and unconventional energy reserves.
Read more
Deepwater Wind proposes offshore wind power for New York's Long Island
July 14 (Reuters) - Privately held wind power developer
Deepwater Wind has proposed supplying Long Island with 90
megawatts of offshore wind energy, the company said on Thursday.
Read more
Deepwater Wind has proposed supplying Long Island with 90
megawatts of offshore wind energy, the company said on Thursday.
Read more
Attackers blow up gas pipeline in southwest Nigeria - police
LAGOS, July 14 (Reuters) - A gas pipeline operated by
Nigeria's state energy company in southwestern Ogun state has
been attacked by men disguised as maintenance staff, local
police said on Thursday.
Read more
Nigeria's state energy company in southwestern Ogun state has
been attacked by men disguised as maintenance staff, local
police said on Thursday.
Read more
Coal prices bounce back this year, but not for good
LONDON, July 14 (Reuters) - A rally in thermal coal prices
over the past few months, after years of decline, should
continue into next year but a cloud still hangs over the market
in the form of weakening global demand due to more clean energy
and increased energy efficiency.
Read more
over the past few months, after years of decline, should
continue into next year but a cloud still hangs over the market
in the form of weakening global demand due to more clean energy
and increased energy efficiency.
Read more
Bulgaria's BEH to launch bonds' roadshow on Monday
SOFIA, July 14 (Reuters) - Bulgaria's state energy company
BEH has mandated JPMorgan and Banca IMI to hold a series
of meetings with investors from Monday as it prepares to sell
bonds worth about 500 million euros ($555 mln), it said on
Thursday.
Read more
BEH has mandated JPMorgan and Banca IMI to hold a series
of meetings with investors from Monday as it prepares to sell
bonds worth about 500 million euros ($555 mln), it said on
Thursday.
Read more
UPDATE 3-Britain's new finance minister pledges to restore confidence after Brexit vote
LONDON, July 14 (Reuters) - Britain's new finance minister,
Philip Hammond, said on Thursday he would do whatever is
necessary to restore confidence in the economy after the Brexit
vote, suggesting a less aggressive approach to bringing down the
budget deficit.
Read more
Philip Hammond, said on Thursday he would do whatever is
necessary to restore confidence in the economy after the Brexit
vote, suggesting a less aggressive approach to bringing down the
budget deficit.
Read more
S.Korea says to meet summer demand for power, avoid blackouts
SEOUL, July 14 (Reuters) - South Korea on Thursday said its
power supply would be sufficient to meet peak demand in what is
expected to be a hotter-than-normal summer, buoyed by new
electricity plants.
Read more
power supply would be sufficient to meet peak demand in what is
expected to be a hotter-than-normal summer, buoyed by new
electricity plants.
Read more
India's coal shift a double whammy for Indonesian exporters
NEW DELHI/JAKARTA, July 14 (Reuters) - For many coal miners
in Indonesia's resource-dependent economy, a surprise shift in
India's coal industry - from big importer to potential exporter
- could not have come at a worse time.
Read more
in Indonesia's resource-dependent economy, a surprise shift in
India's coal industry - from big importer to potential exporter
- could not have come at a worse time.
Read more
Wednesday, July 13, 2016
Olympics-German sailors downplay Rio water health risk; worry about wind, debris
RIO DE JANEIRO, July 13 (Reuters) - German Olympic sailors, one of whom was infected last year by a flesh-eating bacteria after a test run in Rio de Janeiro's sewage-tainted Guanabara Bay, said this week they are less worried about health risks than racing effectively in shifty winds and wild currents while avoiding floating debris.
Read more
Read more
Ivory Coast aims to double oil and gas output by 2020
YAMOUSSOUKRO, July 13 (Reuters) - Ivory Coast aims to
roughly double oil and gas output by 2020 as it pushes for
foreign investment in offshore exploration, the head of state
oil and gas company Petroci said on Wednesday.
Read more
roughly double oil and gas output by 2020 as it pushes for
foreign investment in offshore exploration, the head of state
oil and gas company Petroci said on Wednesday.
Read more
REFILE-ADB approved $750 million loan to Azeri energy sector
BAKU, July 13 (Reuters) - The Asian Development Bank (ADB)
has approved a $750 million loan facility to modernise the
country's energy system, the bank said in a statement.
Read more
has approved a $750 million loan facility to modernise the
country's energy system, the bank said in a statement.
Read more
Britain confident of meeting 2020 renewable target
LONDON, July 13 (Reuters) - Britain is on track to meet its
2020 European renewable energy target and its commitment will
not be affected by the country's vote to leave the EU,
government officials said on Wednesday.
Read more
2020 European renewable energy target and its commitment will
not be affected by the country's vote to leave the EU,
government officials said on Wednesday.
Read more
French energy regulator cuts electricity tariffs
PARIS, July 13 (Reuters) - French energy market regulator
CRE cut regulated electricity prices on Wednesday by 0.5 percent
and 1.5 percent for residential and business clients
respectively due to prolonged low wholesale prices.
Read more
CRE cut regulated electricity prices on Wednesday by 0.5 percent
and 1.5 percent for residential and business clients
respectively due to prolonged low wholesale prices.
Read more
Brexit could provide boost for Britain's shale gas
LONDON, July 13 (Reuters) - Britain's shale gas industry
could get a helping hand from a falling pound and a supportive
new prime minister just as it is gearing up for its first
production this year, after facing economic and political
challenges that slowed its start.
Read more
could get a helping hand from a falling pound and a supportive
new prime minister just as it is gearing up for its first
production this year, after facing economic and political
challenges that slowed its start.
Read more
RPT-EDF can support Hinkley Point financial risk -French parliament report
PARIS, July 13 (Reuters) - French state-controlled utility
EDF can bear the financial risks linked its Hinkley
Point nuclear project in Britain despite the various constraints
it faces, a French parliamentary report said on Wednesday.
Read more
EDF can bear the financial risks linked its Hinkley
Point nuclear project in Britain despite the various constraints
it faces, a French parliamentary report said on Wednesday.
Read more
New nuclear reactor builds fall to zero in H1 2016 -report
TOKYO, July 13 (Reuters) - Construction starts for new
nuclear reactors fell to zero globally in the first half of 2016
as the atomic industry struggles against falling costs for
renewables and a slowdown in Chinese building, a report on the
industry showed on Wednesday.
Read more
nuclear reactors fell to zero globally in the first half of 2016
as the atomic industry struggles against falling costs for
renewables and a slowdown in Chinese building, a report on the
industry showed on Wednesday.
Read more
Tuesday, July 12, 2016
UPDATE 1-New Mexico ruling party boss, ally of president, attacks graft
MEXICO CITY, July 12 (Reuters) - A former energy official
continued his rapid rise in Mexico's political establishment to
become leader of the ruling party on Tuesday, vowing to rid it
of corruption after scandals that have battered the authority of
President Enrique Pena Nieto.
Read more
continued his rapid rise in Mexico's political establishment to
become leader of the ruling party on Tuesday, vowing to rid it
of corruption after scandals that have battered the authority of
President Enrique Pena Nieto.
Read more
RPT-COLUMN-U.S. gas glut is disappearing: Kemp
LONDON, July 12 (Reuters) - U.S. natural gas prices have
risen by a third since hitting a two-decade low in the first
quarter, amid signs supply and demand are rebalancing and excess
stocks left over from an unusually warm winter are being worked
down.
Read more
risen by a third since hitting a two-decade low in the first
quarter, amid signs supply and demand are rebalancing and excess
stocks left over from an unusually warm winter are being worked
down.
Read more
UPDATE 1-Valero buys out partner in Louisiana-Mississippi pipeline
July 12 (Reuters) - Valero Energy Corp said on
Tuesday it bought Kinder Morgan Inc's 50 percent stake
in Parkway Pipeline LLC, previously a joint venture between the
two companies.
Read more
Tuesday it bought Kinder Morgan Inc's 50 percent stake
in Parkway Pipeline LLC, previously a joint venture between the
two companies.
Read more
U.S. Senate votes to hammer out deal with House on energy measure
WASHINGTON, July 12 (Reuters) - The U.S. Senate on Tuesday
voted to work on a compromise with the House of Representatives
on what could become the broad energy legislation passed by
Congress in nearly a decade.
Read more
voted to work on a compromise with the House of Representatives
on what could become the broad energy legislation passed by
Congress in nearly a decade.
Read more
Valero buys remaining stake in Parkway Pipeline
July 12 (Reuters) - Valero Energy Corp bought the
remaining 50 percent stake in Parkway Pipeline LLC and said it
would gain increased access to eastern United States by
connecting the pipeline to Colonial Pipeline Co's Gulf
Coast-to-U.S. Northeast system.
Read more
remaining 50 percent stake in Parkway Pipeline LLC and said it
would gain increased access to eastern United States by
connecting the pipeline to Colonial Pipeline Co's Gulf
Coast-to-U.S. Northeast system.
Read more
COLUMN-U.S. gas glut is disappearing: Kemp
LONDON, July 12 (Reuters) - U.S. natural gas prices have
risen by a third since hitting a two-decade low in the first
quarter, amid signs supply and demand are rebalancing and excess
stocks left over from an unusually warm winter are being worked
down.
Read more
risen by a third since hitting a two-decade low in the first
quarter, amid signs supply and demand are rebalancing and excess
stocks left over from an unusually warm winter are being worked
down.
Read more
Former Mexico electricity official Ochoa tapped to lead ruling PRI
MEXICO CITY, July 12 (Reuters) - Former Mexican electricity
official Enrique Ochoa is set to be ratified as head of Mexico's
ruling Institutional Revolutionary Party (PRI), the party said
on Tuesday.
Read more
official Enrique Ochoa is set to be ratified as head of Mexico's
ruling Institutional Revolutionary Party (PRI), the party said
on Tuesday.
Read more
French wind power capacity grew in H1 but lags target -industry group
PARIS, July 12 (Reuters) - France added 568 megawatts (MW)
of wind power in the first half of the year, lagging its
objective to add 1.5 gigawatts (GW) annually from 2016, an
industry group said on Tuesday.
Read more
of wind power in the first half of the year, lagging its
objective to add 1.5 gigawatts (GW) annually from 2016, an
industry group said on Tuesday.
Read more
UPDATE 1-France's EDF sets sight on Chinese wind power market with acquisition
PARIS, July 12 (Reuters) - French state-controlled utility
EDF said on Tuesday it had bought a majority 80 percent
stake in UPC Asia Wind Management (AWM) to enter China's wind
energy market, and it aimed to reach 2 GW of installed capacity
there within 5 years.
Read more
EDF said on Tuesday it had bought a majority 80 percent
stake in UPC Asia Wind Management (AWM) to enter China's wind
energy market, and it aimed to reach 2 GW of installed capacity
there within 5 years.
Read more
EDF acquires majority stake in Chinese wind energy developer
PARIS, July 12 (Reuters) - French state-controlled utility
EDF said on Tuesday it had entered the growing Chinese
renewables energy market with the acquisition of a majority 80
percent stake in UPC Asia Wind Management (AWM) which develops
and builds wind projects.
Read more
EDF said on Tuesday it had entered the growing Chinese
renewables energy market with the acquisition of a majority 80
percent stake in UPC Asia Wind Management (AWM) which develops
and builds wind projects.
Read more
Japan court upholds injunction to halt reactors -Kyodo
TOKYO, July 12 (Reuters) - A Japanese court on Tuesday
upheld an order for the shutdown of two reactors at Kansai
Electric Power Co's Takahama nuclear plant in western
Japan, Kyodo news agency reported, in a widely expected ruling
that prevents the utility from restarting them.
Read more
upheld an order for the shutdown of two reactors at Kansai
Electric Power Co's Takahama nuclear plant in western
Japan, Kyodo news agency reported, in a widely expected ruling
that prevents the utility from restarting them.
Read more
Monday, July 11, 2016
Potential earthquake in Bangladesh could jeopardize millions, research says
NEW YORK, July 11 (Thomson Reuters Foundation) - A
potentially giant earthquake may be building up beneath
Bangladesh and eastern India and could endanger as many as 140
million people, a study said on Monday.
Read more
potentially giant earthquake may be building up beneath
Bangladesh and eastern India and could endanger as many as 140
million people, a study said on Monday.
Read more
Argentina caps natgas prices after court ruling, public outrage
BUENOS AIRES, July 11 (Reuters) - The center-right
government of Argentine President Mauricio Macri will put a new
cap on increases to natural gas prices, it said on Monday, even
as it pledged to appeal a court ruling that recently halted the
hikes.
Read more
government of Argentine President Mauricio Macri will put a new
cap on increases to natural gas prices, it said on Monday, even
as it pledged to appeal a court ruling that recently halted the
hikes.
Read more
UPDATE 1-French carbon pricing committee proposes tax on coal-fired power
PARIS, July 11 (Reuters) - A French government advisory
committee has recommended that France increase taxation on
coal-fired power plants, or set stiffer carbon emissions
standards, to encourage a shift to gas-fired plants to reduce
carbon emissions.
Read more
committee has recommended that France increase taxation on
coal-fired power plants, or set stiffer carbon emissions
standards, to encourage a shift to gas-fired plants to reduce
carbon emissions.
Read more
Parties fewer, tone tamer at Calgary Stampede hit by low oil, fires
CALGARY, July 11 (Reuters) - The Calgary Stampede, the
annual rodeo and networking extravaganza in Canada's energy
heartland, is a tamer affair this year after a two-year slump in
oil prices and wildfires in May that displaced thousands of
people in the country's costliest natural disaster.
Read more
annual rodeo and networking extravaganza in Canada's energy
heartland, is a tamer affair this year after a two-year slump in
oil prices and wildfires in May that displaced thousands of
people in the country's costliest natural disaster.
Read more
Brazil's Petrobras bringing two FPSO platforms online -executive
RIO DE JANEIRO, July 11 (Reuters) - Brazil's state-led oil
company Petroleo Brasileiro SA is working hard to
meet its production targets, the company's head of exploration
and production, Solange Guedes, said on Monday in a telephone
interview.
Read more
company Petroleo Brasileiro SA is working hard to
meet its production targets, the company's head of exploration
and production, Solange Guedes, said on Monday in a telephone
interview.
Read more
French carbon pricing committee proposes tax on coal-fired power plants
PARIS, July 11 (Reuters) - A French government advisory
committee has recommended that France increase taxation on
coal-fired power plants, or set stiffer carbon emissions
standards, to encourage a shift to gas-fired plants to reduce
carbon emissions.
Read more
committee has recommended that France increase taxation on
coal-fired power plants, or set stiffer carbon emissions
standards, to encourage a shift to gas-fired plants to reduce
carbon emissions.
Read more
UPDATE 1-Burberry says Celine's Gobbetti to succeed Bailey as CEO
LONDON, July 11 (Reuters) - British luxury brand Burberry
said on Monday Marco Gobbetti, the boss of French brand
Céline, would succeed Christopher Bailey as chief executive next
year allowing Bailey to focus again on design.
Read more
said on Monday Marco Gobbetti, the boss of French brand
Céline, would succeed Christopher Bailey as chief executive next
year allowing Bailey to focus again on design.
Read more
India's biggest gas importer plans $3 bln investment in overseas push
NEW DELHI, July 11 (Reuters) - India's biggest gas importer
Petronet LNG aims to spend up to $3 billion in the
next five years to expand overseas, setting up terminals in
Bangladesh and Sri Lanka among other countries, its managing
director said.
Read more
Petronet LNG aims to spend up to $3 billion in the
next five years to expand overseas, setting up terminals in
Bangladesh and Sri Lanka among other countries, its managing
director said.
Read more
Burberry says Celine's Gobbetti to succeed Bailey as CEO
LONDON, July 11 (Reuters) - British luxury brand Burberry
said on Monday Marco Gobbetti, currently chairman and
chief executive of French luxury brand Céline, would succeed
Christopher Bailey as chief executive next year.
Read more
said on Monday Marco Gobbetti, currently chairman and
chief executive of French luxury brand Céline, would succeed
Christopher Bailey as chief executive next year.
Read more
China to slow energy project construction, shifts to capacity cuts-Xinhua
BEIJING, July 11 (Reuters) - China will ban the construction
of new coal-based chemical facilities and coal-fired power
plants until 2018 and continue to shed overcapacity in coal
mining and oil refining, state news agency Xinhua reported on
Monday.
Read more
of new coal-based chemical facilities and coal-fired power
plants until 2018 and continue to shed overcapacity in coal
mining and oil refining, state news agency Xinhua reported on
Monday.
Read more
RPT-Ageing storage sites make British gas market more prone to price spikes
MILAN/LONDON July 8 (Reuters) - Britain faces a growing risk
of spikes in wholesale gas prices as ageing storage facilities
mean increased maintenance and greater reliance on imports to
meet spot demand.
Read more
of spikes in wholesale gas prices as ageing storage facilities
mean increased maintenance and greater reliance on imports to
meet spot demand.
Read more
Indonesia's top diesel buyer says biofuel rule unworkable
JAKARTA, July 11 (Reuters) - Indonesian state power firm PLN
says it cannot comply with government rules on burning diesel
with a bio content of at least 30 percent as it would damage
generators, potentially curbing demand for biofuel ingredient
palm oil in the world's top producer of that commodity.
Read more
says it cannot comply with government rules on burning diesel
with a bio content of at least 30 percent as it would damage
generators, potentially curbing demand for biofuel ingredient
palm oil in the world's top producer of that commodity.
Read more
Sunday, July 10, 2016
FEATURE-Poland's disappearing lakes fuel battle over coal mining
WILCZYN, Poland, July 11 (Thomson Reuters Foundation) - In
early summer, the Wielkopolska region in western Poland looks
like a scene from "The Hobbit" with intense green fields and
lakes surrounded by dense forest and pretty cottages.
Read more
early summer, the Wielkopolska region in western Poland looks
like a scene from "The Hobbit" with intense green fields and
lakes surrounded by dense forest and pretty cottages.
Read more
Innovative water storage helps Kenyans thrive in drought
MAKUENI, Kenya, July 11 (Thomson Reuters Foundation) - Even
after the heavy rains that drenched East Africa in April,
Makueni County in eastern Kenya remains dry - and it's not clear
when increasingly elusive rainfall will come again.
Read more
after the heavy rains that drenched East Africa in April,
Makueni County in eastern Kenya remains dry - and it's not clear
when increasingly elusive rainfall will come again.
Read more
India says considering giving Tanzania $500m loan for water projects
DAR ES SALAAM, July 10 (Reuters) - Indian Prime Minister
Narendra Modi said on Sunday his government would consider
giving Tanzania, where he's visiting, a $500 million loan to
finance water projects in the east African nation.
Read more
Narendra Modi said on Sunday his government would consider
giving Tanzania, where he's visiting, a $500 million loan to
finance water projects in the east African nation.
Read more
Argentina's Macri defends energy rate hikes after court injunction
BUENOS AIRES, July 9 (Reuters) - President Mauricio Macri on
Saturday defended his move to hike Argentina's energy rates as a
"painful" but necessary part of fixing the economy after years
of mismanagement under his leftist predecessor.
Read more
Saturday defended his move to hike Argentina's energy rates as a
"painful" but necessary part of fixing the economy after years
of mismanagement under his leftist predecessor.
Read more
Saturday, July 9, 2016
UPDATE 1-Nearly half a million leave home as storm left by super typhoon Nepartak hits China
SHANGHAI, July 9 (Reuters) - The remains of super typhoon
Nepartak made landfall in China's eastern Fujian province on
Saturday, bringing high winds and heavy rain, and forcing the
relocation of hundreds of thousands of people.
Read more
Nepartak made landfall in China's eastern Fujian province on
Saturday, bringing high winds and heavy rain, and forcing the
relocation of hundreds of thousands of people.
Read more
Storm left by super typhoon Nepartak hits China, disrupts transport
SHANGHAI, July 9 (Reuters) - A storm bringing heavy rain to
disrupt rail travel in southeast China was all that remained on
Saturday of super typhoon Nepartak, which had weakened rapidly
after causing several deaths in Taiwan and damage of more than
$20 million.
Read more
disrupt rail travel in southeast China was all that remained on
Saturday of super typhoon Nepartak, which had weakened rapidly
after causing several deaths in Taiwan and damage of more than
$20 million.
Read more
Friday, July 8, 2016
CORRECTED-PG&E California natgas storage facility shut due to small leaks
July 8 (Reuters) - Northern California power and gas company
Pacific Gas & Electric (PG&E) said on Friday its McDonald Island
gas storage facility in San Joaquin County remained out of
service after the company detected small methane leaks from some
of its wells in June.
Read more
Pacific Gas & Electric (PG&E) said on Friday its McDonald Island
gas storage facility in San Joaquin County remained out of
service after the company detected small methane leaks from some
of its wells in June.
Read more
CORRECTED-Eletrobras may never pay some Petrobras debts-official
RIO DE JANEIRO, July 7 (Reuters) - Brazil's state-led oil
firm Petrobras may never collect some debts owed it by state-run
power utility Eletrobras, the energy ministry said on Thursday,
acknowledging the government has little cash to provide new
capital to the debt-ridden electricity company.
Read more
firm Petrobras may never collect some debts owed it by state-run
power utility Eletrobras, the energy ministry said on Thursday,
acknowledging the government has little cash to provide new
capital to the debt-ridden electricity company.
Read more
UPDATE 1-U.S. oil drillers add rigs for 5th week in six -Baker Hughes
(Adds Permian rig count in paragraph)
July 8 (Reuters) - U.S. drillers this week added oil rigs
for a fifth week in six, according to a closely followed report
Friday, prompting analysts to predict the rig count has bottomed
and production will start to edge up early next year.
Drillers added 10 oil rigs in the week to July 8, bringing
the total rig count up to 351, compared with 645 a year ago,
energy services firm Baker Hughes Inc said.
Before this week, d
Read more
GLOBAL LNG-Prices poised to firm as new buy tender and outages bite
MILAN, July 8 (Reuters) - Asian prices for liquefied natural
gas (LNG) were set to rise next week on strong prompt demand
from Argentina and India as well as potentially lengthier supply
disruptions in Australia and Angola.
Read more
gas (LNG) were set to rise next week on strong prompt demand
from Argentina and India as well as potentially lengthier supply
disruptions in Australia and Angola.
Read more
U.S. oil drillers add rigs for 5th week in six -Baker Hughes
July 8 (Reuters) - U.S. drillers this week added oil rigs
for a fifth week in six, according to a closely followed report
Friday, prompting analysts to predict the rig count has bottomed
and production will start to edge up early next year.
Drillers added 10 oil rigs in the week to July 8, bringing
the total rig count up to 351, compared with 645 a year ago,
energy services firm Baker Hughes Inc said.
Before this week, drillers added oil rigs in only five out
of 26
Read more
for a fifth week in six, according to a closely followed report
Friday, prompting analysts to predict the rig count has bottomed
and production will start to edge up early next year.
Drillers added 10 oil rigs in the week to July 8, bringing
the total rig count up to 351, compared with 645 a year ago,
energy services firm Baker Hughes Inc said.
Before this week, drillers added oil rigs in only five out
of 26
Read more
UPDATE 1-Dan Dong Xin Tai Electric becomes first to be delisted over IPO fraud in China
SHANGHAI, July 8 (Reuters) - China's securities regulator
said on Friday it will force Dan Dong Xin Tai Electric Co Ltd
to delist for initial public offering (IPO) fraud,
the first company to be removed from the Chinese stock market
due to issues over IPO disclosure.
Read more
said on Friday it will force Dan Dong Xin Tai Electric Co Ltd
to delist for initial public offering (IPO) fraud,
the first company to be removed from the Chinese stock market
due to issues over IPO disclosure.
Read more
Poland's PGNiG looks to extract methane from coal deposits
WARSAW, July 8 (Reuters) - Poland's state-run gas firm PGNiG
will start tests later this year to see if it can
extract methane from coal deposits to increase safety at local
coal mines and for commercial use, it said on Friday.
Read more
will start tests later this year to see if it can
extract methane from coal deposits to increase safety at local
coal mines and for commercial use, it said on Friday.
Read more
UPDATE 1-Militants blow up Eni oil pipeline in Nigeria -security agency
YENAGOA, Nigeria, July 8 (Reuters) - Attackers blew up an
oil pipeline in Nigeria's southern Bayelsa state operated by a
subsidiary of Italy's Eni on Friday, the Nigeria
Security and Civil Defence Corps (NSDC) said.
Read more
oil pipeline in Nigeria's southern Bayelsa state operated by a
subsidiary of Italy's Eni on Friday, the Nigeria
Security and Civil Defence Corps (NSDC) said.
Read more
Mexico ruling party to pick energy official as new head - sources
MEXICO CITY, July 7 (Reuters) - Mexico's ruling
Institutional Revolutionary Party, or PRI, will pick a top
government energy official to take over as party leader next
week, two years ahead of the next presidential election, three
PRI officials said on Thursday.
Read more
Institutional Revolutionary Party, or PRI, will pick a top
government energy official to take over as party leader next
week, two years ahead of the next presidential election, three
PRI officials said on Thursday.
Read more
Thursday, July 7, 2016
SE Asia Stocks-Largely down ahead of U.S. jobs data
By Krishna V Kurup
July 8 (Reuters) - Most Southeast Asian stock markets fell
on Friday, while Asian shares were on track to post their
biggest weekly loss in three weeks, as investors brace for U.S.
jobs data, counting on the resilience of the world's biggest
economy to support growth.
Ahead of the closely-followed payrolls report later in the
day, U.S. data published on Thursday was mostly positive.
U.S. private payrolls increased more than expected in June
as small businesses ramp
Read more
July 8 (Reuters) - Most Southeast Asian stock markets fell
on Friday, while Asian shares were on track to post their
biggest weekly loss in three weeks, as investors brace for U.S.
jobs data, counting on the resilience of the world's biggest
economy to support growth.
Ahead of the closely-followed payrolls report later in the
day, U.S. data published on Thursday was mostly positive.
U.S. private payrolls increased more than expected in June
as small businesses ramp
Read more
Argentine court halts price increases for gas and electricity
BUENOS AIRES, July 7 (Reuters) - An Argentine court ruled on
Thursday that gas price rises across the country were invalid,
reversing the government's attempt to reduce its fiscal deficit
through hiking utility tariffs.
Read more
Thursday that gas price rises across the country were invalid,
reversing the government's attempt to reduce its fiscal deficit
through hiking utility tariffs.
Read more
U.S. agrees to clean-up deal with bankrupt miner, hopes for payment
July 7 (Reuters) - The U.S. government agreed to a mine
clean-up deal that allows coal producer Alpha Natural Resources
to exit bankruptcy, despite concerns that Alpha will be unable
to fund $400 million in commitments, a government lawyer told a
court on Thursday.
Read more
clean-up deal that allows coal producer Alpha Natural Resources
to exit bankruptcy, despite concerns that Alpha will be unable
to fund $400 million in commitments, a government lawyer told a
court on Thursday.
Read more
Eletrobras may never pay some Petrobras debts -official
RIO DE JANEIRO, July 7 (Reuters) - Brazil's state-led oil
firm Petrobras may never collect some debts owed it by state-run
power utility Eletrobras, the energy ministry said on Thursday,
acknowledging the government has little cash to provide new
capital to the debt-ridden electricity company.
Read more
firm Petrobras may never collect some debts owed it by state-run
power utility Eletrobras, the energy ministry said on Thursday,
acknowledging the government has little cash to provide new
capital to the debt-ridden electricity company.
Read more
Dividend-focused fund managers find more appeal in U.S. consumer stocks
NEW YORK, July 7 (Reuters) - Fund managers on the hunt for
dividends find themselves wading into the shares of consumer
companies that typically attract investors looking for growth
instead.
Read more
dividends find themselves wading into the shares of consumer
companies that typically attract investors looking for growth
instead.
Read more
Goldman Sachs, Barclays top Canadian M&A rankings in first half
TORONTO, July 7 (Reuters) - Canadian mergers and
acquisitions slipped in the first half of 2016, with sluggish
activity in natural resource sectors offsetting some large
infrastructure deals, according to Thomson Reuters data released
on Thursday.
Read more
acquisitions slipped in the first half of 2016, with sluggish
activity in natural resource sectors offsetting some large
infrastructure deals, according to Thomson Reuters data released
on Thursday.
Read more
UPDATE 1-GE, Senvion prepare bids for French wind group Adwen - sources
FRANKFURT/MADRID, July 7 (Reuters) - General Electric
and German wind turbine maker Senvion are preparing
bids for French wind power group Adwen, which is jointly owned
by Spain's Gamesa and France's Areva, people
familiar with the matter said.
Read more
and German wind turbine maker Senvion are preparing
bids for French wind power group Adwen, which is jointly owned
by Spain's Gamesa and France's Areva, people
familiar with the matter said.
Read more
Ghana IMF deal on track, allaying fears of election overspending
ACCRA, July 7 (Reuters) - It is too close to call whether
Ghana's President John Mahama will win re-election in November,
but on one score success is starting to look attainable: the
government is on course to get through an election year without
triggering a fiscal crisis.
Read more
Ghana's President John Mahama will win re-election in November,
but on one score success is starting to look attainable: the
government is on course to get through an election year without
triggering a fiscal crisis.
Read more
Brazil's Cemig denies it hired advisers to sell assets
BRASILIA, July 6 (Reuters) - Cia Energética de Minas Gerais
SA denied it has hired financial advisers to sell
assets, the power distributor firm said in a statement on
Wednesday.
Read more
SA denied it has hired financial advisers to sell
assets, the power distributor firm said in a statement on
Wednesday.
Read more
Wednesday, July 6, 2016
UPDATE 1-Brazil police arrest 19 in Eletrobras nuke-plant bribe probe
* Eletrobras nuclear unit CEO forced to give up post
(Adds Pinheiro arrest, size of bribery allegations, Brazil
nuclear detail, changes dateline)
Read more
(Adds Pinheiro arrest, size of bribery allegations, Brazil
nuclear detail, changes dateline)
Read more
D.E. Shaw affiliate offers to buy SunEdison project for $80 mln
NEW YORK, July 6 (Reuters) - Bankrupt renewable power plant
developer SunEdison Inc has asked a U.S. bankruptcy
court judge to approve the sale of its stake in a California
solar project to an affiliate of hedge fund D.E. Shaw.
Read more
developer SunEdison Inc has asked a U.S. bankruptcy
court judge to approve the sale of its stake in a California
solar project to an affiliate of hedge fund D.E. Shaw.
Read more
Weaker energy and property stocks hurt Britain's FTSE
LONDON, July 6 (Reuters) - Britain's top share index fell on
Wednesday following a sharp sell-offs in energy, retail and
property-related stocks, although precious metals miners rallied
after safe-haven gold hit a two-year peak.
Read more
Wednesday following a sharp sell-offs in energy, retail and
property-related stocks, although precious metals miners rallied
after safe-haven gold hit a two-year peak.
Read more
Brazil police arrests nine over corruption at nuclear plant
BRASILIA, July 6 (Reuters) - Brazil's federal police on
Wednesday said it served nine arrest warrants in two states as
part of a corruption investigation into a nuclear power plant in
Rio de Janeiro.
Read more
Wednesday said it served nine arrest warrants in two states as
part of a corruption investigation into a nuclear power plant in
Rio de Janeiro.
Read more
German regulator proposes lower fees for power, gas grids
* Germany's Federal Network Agency on Wednesday released
proposed lower fee levels to be charged by German power network
operators from 2019 and by gas network operators from 2018.
Read more
proposed lower fee levels to be charged by German power network
operators from 2019 and by gas network operators from 2018.
Read more
Britain's FTSE slides, energy stocks weigh
LONDON, July 6 (Reuters) - Britain's top share index
extended losses in the afternoon trading session, with energy
stocks falling further after crude oil prices fell more than 1
percent on a firmer dollar and economic growth concerns.
Read more
extended losses in the afternoon trading session, with energy
stocks falling further after crude oil prices fell more than 1
percent on a firmer dollar and economic growth concerns.
Read more
UK utility shares hit record highs as hunt for yield deepens
LONDON, July 6 (Reuters) - Shares in United Utilities
, National Grid and Severn Trent rose to
record highs on Wednesday, as investors continued to pile into
dividend-yielding defensive stocks as a shield against volatile
markets.
Read more
, National Grid and Severn Trent rose to
record highs on Wednesday, as investors continued to pile into
dividend-yielding defensive stocks as a shield against volatile
markets.
Read more
Britain's FTSE falls as retail and property stocks slump
LONDON, July 6 (Reuters) - Britain's blue-chip share index
fell on Wednesday, with a sharp sell-off in retail and
property-related stocks outpacing a rally in precious metals
miners after prices of safe-haven gold hit a two-year peak.
Read more
fell on Wednesday, with a sharp sell-off in retail and
property-related stocks outpacing a rally in precious metals
miners after prices of safe-haven gold hit a two-year peak.
Read more
Tuesday, July 5, 2016
Cuba strapped for cash, acts to avoid power blackouts -economy minister
HAVANA, July 5 (Reuters) - Cuba faces a cash crunch and must
ration energy in a bid to avoid blackouts and spare essential
services, Economy Minister Marino Murillo was cited as saying by
state-run media on Tuesday.
Read more
ration energy in a bid to avoid blackouts and spare essential
services, Economy Minister Marino Murillo was cited as saying by
state-run media on Tuesday.
Read more
Cyprus says no gas pipeline to Turkey until relations are mended
ATHENS, July 5 (Reuters) - Turkey needs to mend relations
with Cyprus before the Cypriot government will allow a
Turkish-Israel gas pipeline to cross its territory, a government
spokesman said on Tuesday.
Read more
with Cyprus before the Cypriot government will allow a
Turkish-Israel gas pipeline to cross its territory, a government
spokesman said on Tuesday.
Read more
UPDATE 1-Israel's Harel to buy Tamar gas field stake from Noble
TEL AVIV, July 5 (Reuters) - Harel Insurance Investments and
Financial Services and the Israel Infrastructure Fund
(IIF) are to buy 3 percent of the Tamar natural gas field from
Texas-based Noble Energy for $369 million.
Read more
Financial Services and the Israel Infrastructure Fund
(IIF) are to buy 3 percent of the Tamar natural gas field from
Texas-based Noble Energy for $369 million.
Read more
Wind power plant in Atacama Desert fills Chile's clean-energy sails
SAO PAULO, July 5 (Thomson Reuters Foundation) - Deep in
northern Chile's Atacama Desert, a remote community of 6,000
people is preparing to host the country's largest wind power
plant.
Read more
northern Chile's Atacama Desert, a remote community of 6,000
people is preparing to host the country's largest wind power
plant.
Read more
UPDATE 1-Britain could import as much as 93 pct of its gas by 2040 - National Grid
* Misses 2020 renewable target under all scenarios
(Updates with comment, detail on environmental targets)
Read more
(Updates with comment, detail on environmental targets)
Read more
Germany to limit offshore wind power
BERLIN, July 5 (Reuters) - Germany plans to cap the
expansion of offshore wind power at the start of the next decade
to ensure the future growth of renewables keeps step with the
construction of new power lines, according to a revision to a
new energy law seen by Reuters.
Read more
expansion of offshore wind power at the start of the next decade
to ensure the future growth of renewables keeps step with the
construction of new power lines, according to a revision to a
new energy law seen by Reuters.
Read more
Britain could import 93 pct of its gas by 2040 - National Grid
LONDON, July 5 (Reuters) - Britain could rely on other
countries for 93 percent of its gas supplies by 2040 if there is
weak economic growth and not enough money available to support
domestic gas production, National Grid said on Tuesday.
Read more
countries for 93 percent of its gas supplies by 2040 if there is
weak economic growth and not enough money available to support
domestic gas production, National Grid said on Tuesday.
Read more
Monday, July 4, 2016
France's Total rehuffles management in renewables drive
PARIS, July 4 (Reuters) - French oil major Total
has moved the head of its refining and chemicals arm to run its
newly created gas, renewables and power division as the group
strives to become a leading renewables and electricity player
within 20 years.
Read more
has moved the head of its refining and chemicals arm to run its
newly created gas, renewables and power division as the group
strives to become a leading renewables and electricity player
within 20 years.
Read more
France's EDF sets sights on $200 bln nuclear decommissioning market
PARIS, July 4 (Reuters) - EDF aims to snare a
sizeable share of the global nuclear decommissioning market,
worth an estimated 200 billion euros ($222 billion) over the
next 15 years, by virtue of experience gained in dismantling its
old reactors.
Read more
sizeable share of the global nuclear decommissioning market,
worth an estimated 200 billion euros ($222 billion) over the
next 15 years, by virtue of experience gained in dismantling its
old reactors.
Read more
French airports sale draws at least 11 firm offers-sources
PARIS, July 4 (Reuters) - The sale of 60 percent stakes in
the French airports of Nice Cote d'Azur and Lyon-Saint-Exupery
has attracted at least 11 firm offers while two potential
candidates have dropped out of the race for Nice, sources close
to the bidders said on Monday.
Read more
the French airports of Nice Cote d'Azur and Lyon-Saint-Exupery
has attracted at least 11 firm offers while two potential
candidates have dropped out of the race for Nice, sources close
to the bidders said on Monday.
Read more
UPDATE 1-German court rejects E.ON damages claim in nuclear lawsuit
FRANKFURT, July 4 (Reuters) - A German court decided against
awarding damages to the country's largest utility E.ON
in a case where E.ON had sought 382 million euros
($425.43 million) in compensation for an enforced, temporary
shutdown of its nuclear plants in 2011.
Read more
awarding damages to the country's largest utility E.ON
in a case where E.ON had sought 382 million euros
($425.43 million) in compensation for an enforced, temporary
shutdown of its nuclear plants in 2011.
Read more
UPDATE 1-EDF says has full confidence in Hinkley Point, Brexit no barrier
PARIS, July 4 (Reuters) - French power utility EDF
on Monday stuck to its plans to build a nuclear reactor complex
at Hinkley Point in southern England, saying Britain's
referendum vote to quit the European Union was no barrier to the
plan.
Read more
on Monday stuck to its plans to build a nuclear reactor complex
at Hinkley Point in southern England, saying Britain's
referendum vote to quit the European Union was no barrier to the
plan.
Read more
EDF says has full confidence in Hinkley Point, Brexit no barrier
PARIS, July 4 (Reuters) - French power utility EDF on Monday
said it still had confidence in its plans to build a nuclear
reactor complex at Hinkley Point in southern England and that
Britain's referendum vote last month to quit the European Union
was not a barrier to it.
Read more
said it still had confidence in its plans to build a nuclear
reactor complex at Hinkley Point in southern England and that
Britain's referendum vote last month to quit the European Union
was not a barrier to it.
Read more
UPDATE 1-Russian tycoon Prokhorov's Onexim Group selling all its assets -Vedomosti
MOSCOW, July 4 (Reuters) - Russian tycoon Mikhail
Prokhorov's Onexim Group is selling all its assets, the Russian
newspaper Vedomosti reported on Monday, citing sources.
Read more
Prokhorov's Onexim Group is selling all its assets, the Russian
newspaper Vedomosti reported on Monday, citing sources.
Read more
Sunday, July 3, 2016
Russian tycoon Prokhorov's Onexim Group selling all its assets - Vedomosti
MOSCOW, July 4 (Reuters) - Russian tycoon Mikhail
Prokhorov's Onexim Group is selling all its assets, the Russian
newspaper Vedomosti reported on Monday, citing sources with
knowledge of the situation.
Read more
Prokhorov's Onexim Group is selling all its assets, the Russian
newspaper Vedomosti reported on Monday, citing sources with
knowledge of the situation.
Read more
Sweden faces housing crunch despite government building plan
STOCKHOLM, July 3 (Reuters) - It is one of Swedish
centre-left Prime Minister Stefan Lofven's signature policies -
building 700,000 homes in a decade to ease a shortage of
dwellings that has business worried about attracting employees
and policy makers fearing a property bubble.
Read more
centre-left Prime Minister Stefan Lofven's signature policies -
building 700,000 homes in a decade to ease a shortage of
dwellings that has business worried about attracting employees
and policy makers fearing a property bubble.
Read more
Unions to launch 3-day strike at Brazil's Eletrobras on Monday
BRASILIA, July 2 (Reuters) - Workers at Brazil's electricity
holding Centrais Eletricas Brasileiras SA will launch
a three-day strike on Monday to demand higher salaries and
protest plans to privatize part of the company, unions said on
Saturday.
Read more
holding Centrais Eletricas Brasileiras SA will launch
a three-day strike on Monday to demand higher salaries and
protest plans to privatize part of the company, unions said on
Saturday.
Read more
Saturday, July 2, 2016
UPDATE 1-Gas flows to Poland from Gazprom back to normal after disruption
WARSAW, July 2 (Reuters) - Gas flows from Russia's Gazprom
via Ukraine to Poland were back to normal after
falling 20 percent between Thursday and Friday, Polish gas
pipeline operator Gaz-System said on Saturday.
Read more
via Ukraine to Poland were back to normal after
falling 20 percent between Thursday and Friday, Polish gas
pipeline operator Gaz-System said on Saturday.
Read more
RWE, Qatargas sign 7.5 year deal for LNG deliveries to Europe
BERLIN, July 2 (Reuters) - RWE has signed a seven
and a half year deal with Qatargas for liquefied natural gas
(LNG) deliveries into Europe, the German utility said on
Saturday.
Read more
and a half year deal with Qatargas for liquefied natural gas
(LNG) deliveries into Europe, the German utility said on
Saturday.
Read more
Poland says Gazprom supplies back to normal after unexplained drop
WARSAW, July 2 (Reuters) - Poland's gas pipeline operator
Gaz-System said on Saturday gas flows from Russia's Gazprom
via Ukraine dropped 20 percent between Thursday and
Friday, but supplies were now back to normal.
Read more
Gaz-System said on Saturday gas flows from Russia's Gazprom
via Ukraine dropped 20 percent between Thursday and
Friday, but supplies were now back to normal.
Read more
UPDATE 1-Swedish government to approve Vattenfall sale of German lignite assets
STOCKHOLM, July 2 (Reuters) - Sweden's centre-left
government has decided to approve state-owned utility
Vattenfall's sale of its loss-making lignite mines and
power plants in Germany to Czech investor EPH, Deputy Prime
Minister Isabella Lovin said on Saturday.
Read more
government has decided to approve state-owned utility
Vattenfall's sale of its loss-making lignite mines and
power plants in Germany to Czech investor EPH, Deputy Prime
Minister Isabella Lovin said on Saturday.
Read more
UPDATE 1-China's State Grid to pay $1.8 bln for big stake in Brazil's CPFL
SAO PAULO, July 1 (Reuters) - CPFL Energia SA,
Brazil's largest power distributor, said on Friday that the
world's largest utility, China's State Grid International
Development Ltd, will buy a controlling stake in the company for
5.85 billion reais ($1.8 billion).
Read more
Brazil's largest power distributor, said on Friday that the
world's largest utility, China's State Grid International
Development Ltd, will buy a controlling stake in the company for
5.85 billion reais ($1.8 billion).
Read more
Friday, July 1, 2016
Norway oil workers agree wage deal, avoid strike
OSLO, July 2 (Reuters) - Norwegian offshore oil workers and
employers signed a new wage deal on Saturday, avoiding a strike
that would have cut the output from western Europe's top oil and
gas producer by about six percent, employers and unions said.
Read more
employers signed a new wage deal on Saturday, avoiding a strike
that would have cut the output from western Europe's top oil and
gas producer by about six percent, employers and unions said.
Read more
Norway wage negotiators work overtime to avert oil strike
OSLO, July 2 (Reuters) - Norwegian oil workers and their
employers extended wage negotiations past a midnight deadline on
Saturday in a bid to avoid a strike that would cut the country's
oil and gas production, said the state mediator who is hosting
the talks.
Read more
employers extended wage negotiations past a midnight deadline on
Saturday in a bid to avoid a strike that would cut the country's
oil and gas production, said the state mediator who is hosting
the talks.
Read more
UPDATE 1-U.S. oil drillers add rigs for 4th week in five -Baker Hughes
(Adds benchmarks, basin and offshore details, total average
cuts in the first half of 2016)
July 1 (Reuters) - U.S. drillers this week added oil rigs
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, the
biggest weekly increase since December, bringing the total rig
count up to 341
Read more
CORRECTED-Investors want in on Argentina's market, but can't find stocks
NEW YORK, July 1 (Reuters) - After long considering
Argentina's equities, Manning & Napier Inc portfolio
manager Ben Rozin was finally motivated to buy late last year,
taking a stake in agriculture company Adecoagro SA.
Read more
Argentina's equities, Manning & Napier Inc portfolio
manager Ben Rozin was finally motivated to buy late last year,
taking a stake in agriculture company Adecoagro SA.
Read more
Indian banks eye control of Jaiprakash in debt-for-equity swap -sources
MUMBAI, July 1 (Reuters) - Indian banks plan to take control
of indebted infrastructure company Jaiprakash Associates Ltd
by swapping part of its loans for equity, two banking
sources with direct knowledge of the matter said on Friday.
Read more
of indebted infrastructure company Jaiprakash Associates Ltd
by swapping part of its loans for equity, two banking
sources with direct knowledge of the matter said on Friday.
Read more
U.S. oil drillers add rigs for 4th week in five -Baker Hughes
July 1 (Reuters) - U.S. drillers this week added oil rigs
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, bringing
the total rig count up to 341, compared with 640 a year ago,
energy services firm Baker Hughes Inc said.
Before this week, drillers added oil rig
Read more
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, bringing
the total rig count up to 341, compared with 640 a year ago,
energy services firm Baker Hughes Inc said.
Before this week, drillers added oil rig
Read more
AFRICA BUSINESS-Rwanda harnesses lake "demons" to power the economy
LAKE KIVU, Rwanda, July 1 (Reuters) - Some Rwandans tell
stories of "demons" in Lake Kivu causing the deaths of fishermen
and swimmers who have occasionally disappeared on one of
Africa's great expanses of water in the heart of the continent.
Read more
stories of "demons" in Lake Kivu causing the deaths of fishermen
and swimmers who have occasionally disappeared on one of
Africa's great expanses of water in the heart of the continent.
Read more
Britain faces new risks in Europe interconnector plans
LONDON, July 1 (Reuters) - British plans for more power
links with Europe to avert a looming electricity shortfall could
be hindered if the country no longer has a say in European Union
regulation of networks and power trading.
Read more
links with Europe to avert a looming electricity shortfall could
be hindered if the country no longer has a say in European Union
regulation of networks and power trading.
Read more
UPDATE 1-EU prolongs economic sanctions on Russia until 31 Jan 2017
BRUSSELS, July 1 (Reuters) - The European Union on Friday
extended its economic sanctions on Russia until the end of
January next year in a widely expected decision after EU leaders
called for more progress in bringing peace to eastern Ukraine.
Read more
extended its economic sanctions on Russia until the end of
January next year in a widely expected decision after EU leaders
called for more progress in bringing peace to eastern Ukraine.
Read more
AFRICA BUSINESS-Rwanda harnesses lake "demons" to power the economy
LAKE KIVU, Rwanda, July 1 (Reuters) - Rwandans blame the
"demons" of Lake Kivu for the deaths of fisherman and others who
have occasionally disappeared on one of Africa's great expanses
of water in the heart of the continent.
Read more
"demons" of Lake Kivu for the deaths of fisherman and others who
have occasionally disappeared on one of Africa's great expanses
of water in the heart of the continent.
Read more
UPDATE 1-Italy's Salini Impregilo wins $3.9 bln Tajikistan contract
DUSHANBE, July 1 (Reuters) - Tajikistan has signed a $3.9
billion contract with Italy's Salini Impregilo to
build a dam for the Rogun hydroelectric power plant, Tajik
President Imomali Rakhmon's office said on Friday.
Read more
billion contract with Italy's Salini Impregilo to
build a dam for the Rogun hydroelectric power plant, Tajik
President Imomali Rakhmon's office said on Friday.
Read more
UPDATE 1-Premier Oil defers test of financial covenants
July 1 (Reuters) - Premier Oil Plc, which is in
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.
Read more
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.
Read more
Premier Oil defers test of financial covenants
July 1 (Reuters) - Premier Oil Plc, which is in
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.
Read more
talks with its lending group on the terms of its existing
financial facilities, said on Friday that the lending group had
agreed to defer the test of its financial covenants.
Read more
British Gas offers smart meter users free power at weekends
LONDON, July 1 (Reuters) - Customers of Centrica-owned
British Gas who have had smart meters installed in
Britain will be offered free electricity on either Saturdays or
Sundays from this weekend.
Read more
British Gas who have had smart meters installed in
Britain will be offered free electricity on either Saturdays or
Sundays from this weekend.
Read more
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