BELGRADE, Aug 31 (Reuters) - Serbia's government agreed a
3.8 percent electricity price increase to comply with conditions
set by the International Monetary Fund in return for a 1.2
billion euro ($1.34 billion)loan, Energy Minister Aleksandar
Antic said on Wednesday.
Read more
Wednesday, August 31, 2016
UPDATE 1-Areva rejects GE offer for Adwen JV offshore wind assets - sources
MADRID/FRANKFURT/PARIS, Aug 31 (Reuters) - French nuclear
power engineering group Areva has rejected a
non-binding offer from General Electric for assets
belonging to the Adwen offshore wind power joint venture between
Gamesa and Areva, sources close to the talks have told
Reuters.
Read more
power engineering group Areva has rejected a
non-binding offer from General Electric for assets
belonging to the Adwen offshore wind power joint venture between
Gamesa and Areva, sources close to the talks have told
Reuters.
Read more
COLUMN-US power producers maximise gas burn at expense of coal: Kemp
LONDON, Aug 31 (Reuters) - U.S. power producers burned an
unusually large amount of natural gas in June and their gas
consumption will almost certainly hit an all-time record in July
as a result of the heat wave that hit much of the country.
Read more
unusually large amount of natural gas in June and their gas
consumption will almost certainly hit an all-time record in July
as a result of the heat wave that hit much of the country.
Read more
UPDATE 1-Cyprus signs deal with Egypt for gas transfers via pipeline
NICOSIA, Aug 31 (Reuters) - Cyprus signed a deal on
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
EUROPE POWER-Weak solar output and increased demand support German spot
PARIS, Aug 31 (Reuters) - Weak solar output and increased
consumption supported German spot electricity prices for
next-day delivery on Wednesday, while higher nuclear power
production kept pressure on in France.
Read more
consumption supported German spot electricity prices for
next-day delivery on Wednesday, while higher nuclear power
production kept pressure on in France.
Read more
Areva restructuring takes shape with assets transfer to NewCo
PARIS, Aug 30 (Reuters) - French nuclear group Areva
said on Tuesday it had formally started the process
to transfer its nuclear fuel cycle activities to a new company.
Read more
said on Tuesday it had formally started the process
to transfer its nuclear fuel cycle activities to a new company.
Read more
Cyprus signs deal with Egypt for gas transfers via pipeline
NICOSIA, Aug 31 (Reuters) - Cyprus signed a deal on
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
Wednesday for the transfer of natural gas via pipeline to Egypt,
once extraction starts of discoveries made off the Mediterranean
island.
Read more
Tuesday, August 30, 2016
UPDATE 2-Canada regulator suspends TransCanada pipeline approval hearing
CALGARY/OTTAWA, Aug 30 (Reuters) - Canada's National Energy
Board on Tuesday suspended Montreal hearings on TransCanada
Corp's proposed Energy East pipeline after protests
disrupted the first day of the process on Monday.
Read more
Board on Tuesday suspended Montreal hearings on TransCanada
Corp's proposed Energy East pipeline after protests
disrupted the first day of the process on Monday.
Read more
Canada regulator suspends TransCanada pipeline approval hearing
Aug 30 (Reuters) - Canada's National Energy Board on Tuesday
suspended Montreal hearings on TransCanada Corp's
proposed Energy East pipeline for the rest of the week after
protests disrupted the first day on Monday.
Read more
suspended Montreal hearings on TransCanada Corp's
proposed Energy East pipeline for the rest of the week after
protests disrupted the first day on Monday.
Read more
Germany outlines deal with EU on green levy for co-generation plants
BERLIN, Aug 30 (Reuters) - Germany said it has resolved a
dispute with the European Union so that German firms that
generate power for their own consumption can remain exempt from
a green energy surcharge, Economy Minister Sigmar Gabriel said
on Tuesday.
Read more
dispute with the European Union so that German firms that
generate power for their own consumption can remain exempt from
a green energy surcharge, Economy Minister Sigmar Gabriel said
on Tuesday.
Read more
More than 300 million at risk of life-threatening diseases from dirty water: UN
LONDON, Aug 30 (Thomson Reuters Foundation) - More than 300
million people in Asia, Africa and Latin America are at risk of
life-threatening diseases like cholera and typhoid due to the
increasing pollution of water in rivers and lakes, the United
Nations Environment Programme (UNEP) said.
Read more
million people in Asia, Africa and Latin America are at risk of
life-threatening diseases like cholera and typhoid due to the
increasing pollution of water in rivers and lakes, the United
Nations Environment Programme (UNEP) said.
Read more
EU's Sefcovic hopes for three-way gas talks with Russia, Ukraine
BRUSSELS, Aug 30 (Reuters) - European Commission Vice
President Maros Sefcovic said he will visit Kiev on Friday to
discuss energy reforms and lay the groundwork for trilateral
talks with Ukraine and Russia that he hopes will help ensure
uninterrupted gas supplies in the winter.
Read more
President Maros Sefcovic said he will visit Kiev on Friday to
discuss energy reforms and lay the groundwork for trilateral
talks with Ukraine and Russia that he hopes will help ensure
uninterrupted gas supplies in the winter.
Read more
EUROPE POWER-German spot lifted by expected decline in wind power output
PARIS, Aug 30 (Reuters) - European spot electricity prices
for next-day delivery were mixed on Tuesday as a sharp decline
in forecast wind power supply lifted German prices, while an
increase in expected nuclear power availability weighed in
France amid stable demand.
Read more
for next-day delivery were mixed on Tuesday as a sharp decline
in forecast wind power supply lifted German prices, while an
increase in expected nuclear power availability weighed in
France amid stable demand.
Read more
RPT-More than a million Indian workers to go on strike on Friday
NEW DELHI, Aug 30 (Reuters) - More than a million Indian
workers in banking, telecoms and other sectors will go on strike
on Friday, seeking higher wages and to protest against Prime
Minister Narendra Modi's labour reforms and a plan to close some
loss-making firms.
Read more
workers in banking, telecoms and other sectors will go on strike
on Friday, seeking higher wages and to protest against Prime
Minister Narendra Modi's labour reforms and a plan to close some
loss-making firms.
Read more
S.Africa's ANC says police must not "humiliate" Gordhan
JOHANNESBURG, Aug 30 (Reuters) - A police investigation into
South African Finance Minister Pravin Gordhan should be carried
out in a manner that does not "humiliate" the minister, African
National Congress (ANC) Secretary General Gwede Mantashe said on
Tuesday.
Read more
South African Finance Minister Pravin Gordhan should be carried
out in a manner that does not "humiliate" the minister, African
National Congress (ANC) Secretary General Gwede Mantashe said on
Tuesday.
Read more
UPDATE 1-Danish PM seeks emergency law to reject asylum seekers at borders
COPENHAGEN, Aug 30 (Reuters) - The Danish government on
Tuesday proposed adoption of a law that would enable police to
reject asylum seekers at the borders in times of crisis such as
that in 2015 when thousands of migrants sought to enter the
country.
Read more
Tuesday proposed adoption of a law that would enable police to
reject asylum seekers at the borders in times of crisis such as
that in 2015 when thousands of migrants sought to enter the
country.
Read more
More than a million Indian workers to go on strike on Friday
NEW DELHI, Aug 30 (Reuters) - More than a million Indian
workers in banking, telecoms and other sectors will go on strike
on Friday, seeking higher wages and to protest against Prime
Minister Narendra Modi's labour reforms and a plan to close some
loss-making firms.
Read more
workers in banking, telecoms and other sectors will go on strike
on Friday, seeking higher wages and to protest against Prime
Minister Narendra Modi's labour reforms and a plan to close some
loss-making firms.
Read more
UPDATE 1-Australia steps up gas fracking bans despite supply crunch
* Northern Territory to impose fracking moratorium
(Adds Northern Territory, Armour Energy, Lakes Oil)
Read more
(Adds Northern Territory, Armour Energy, Lakes Oil)
Read more
Vivendi's pay-TV discusses distribution offers with Iliad in France - media
PARIS, Aug 30 (Reuters) - Vivendi's pay-TV unit
Canal Plus is holding talks with French telecoms firm Iliad
about new distribution offers as it tries to stem
subscription losses in the country, newspaper Les Echos reported
on Tuesday, without citing a source.
Read more
Canal Plus is holding talks with French telecoms firm Iliad
about new distribution offers as it tries to stem
subscription losses in the country, newspaper Les Echos reported
on Tuesday, without citing a source.
Read more
Typhoon Lionrock nears Japan's tsunami-hit northeast, grounds flights
TOKYO, Aug 30 (Reuters) - More than 100 flights were
cancelled and evacuation warnings were issued for thousands of
people as a powerful typhoon approached Japan's northeast on
Tuesday, a region devastated by a massive earthquake and tsunami
five years ago.
Read more
cancelled and evacuation warnings were issued for thousands of
people as a powerful typhoon approached Japan's northeast on
Tuesday, a region devastated by a massive earthquake and tsunami
five years ago.
Read more
Monday, August 29, 2016
UPDATE 3-Protesters shut down TransCanada pipeline approval hearing
MONTREAL, Aug 29 (Reuters) - Canada's National Energy Board
has indefinitely postponed hearings in Montreal on TransCanada
Corp's proposed Energy East pipeline after protesters
on Monday disrupted the first day's session, an agency
spokeswoman said.
Read more
has indefinitely postponed hearings in Montreal on TransCanada
Corp's proposed Energy East pipeline after protesters
on Monday disrupted the first day's session, an agency
spokeswoman said.
Read more
Rockets hit Saudi border town as Yemen war flares anew
NAJRAN, Saudi Arabia, Aug 29 (Reuters) - Yemeni Houthi
forces are again firing rockets at this corner of southern Saudi
Arabia, ending a lull of several weeks and complicating efforts
to revive talks on ending Yemen's 18-month-old civil war.
Read more
forces are again firing rockets at this corner of southern Saudi
Arabia, ending a lull of several weeks and complicating efforts
to revive talks on ending Yemen's 18-month-old civil war.
Read more
Protesters shut down TransCanada pipeline hearing in Montreal
MONTREAL, Aug 29 (Reuters) - Canada's National Energy Board
cancelled the first day of hearings on TransCanada Corp's
proposed Energy East pipeline in Montreal on Monday
after protesters disrupted the panel session, agency spokeswoman
Sarah Kiley said.
Read more
cancelled the first day of hearings on TransCanada Corp's
proposed Energy East pipeline in Montreal on Monday
after protesters disrupted the panel session, agency spokeswoman
Sarah Kiley said.
Read more
South Africa's Eskom denies blocking coal contract investigation
JOHANNESBURG, Aug 29 (Reuters) - South Africa's Eskom denied
on Monday that it was blocking a Treasury investigation into
coal contracts with Tegeta Exploration & Resources Ltd., a firm
controlled by the Gupta family.
Read more
on Monday that it was blocking a Treasury investigation into
coal contracts with Tegeta Exploration & Resources Ltd., a firm
controlled by the Gupta family.
Read more
UPDATE 1-Turkmenistan says in talks with EU on possible gas deliveries
BERLIN, Aug 29 (Reuters) - Turkmenistan is discussing
diversifying its gas exports and selling gas to European Union
countries, President Kurbanguly Berdymukhamedov said on Monday
at a joint news conference with German Chancellor Angela Merkel.
Read more
diversifying its gas exports and selling gas to European Union
countries, President Kurbanguly Berdymukhamedov said on Monday
at a joint news conference with German Chancellor Angela Merkel.
Read more
UPDATE 1-China's parliament proposes new environmental tax benefits -state media
BEIJING, Aug 29 (Reuters) - China's parliament has proposed
increasing tax benefits for companies that cut pollution by more
than the national standard, state media reported on Monday, the
first details of a much-anticipated new code aimed at curbing
the country's emissions.
Read more
increasing tax benefits for companies that cut pollution by more
than the national standard, state media reported on Monday, the
first details of a much-anticipated new code aimed at curbing
the country's emissions.
Read more
Turkmenistan says in talks with EU on possible gas deliveries
BERLIN, Aug 29 (Reuters) - Turkmenistan is discussing
selling gas to European Union countries, President Kurbanguly
Berdymukhamedov said on Monday at a joint news conference with
German Chancellor Angela Merkel.
(Reporting by Andrea Shalal; Editing by Louise Ireland)
Read more
selling gas to European Union countries, President Kurbanguly
Berdymukhamedov said on Monday at a joint news conference with
German Chancellor Angela Merkel.
(Reporting by Andrea Shalal; Editing by Louise Ireland)
Read more
Sunday, August 28, 2016
EDF chief urges Britain to give go-ahead to nuclear plant
LONDON, Aug 28 (Reuters) - The head of EDF Energy
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
Read more
has urged the British government to approve the Hinkley Point C
nuclear power project, an explict appeal by the French energy
giant ahead of a decision due within weeks.
Read more
UPDATE 1-U.N. Syria envoy presses for speedy Aleppo aid delivery
GENEVA, Aug 27 (Reuters) - The United Nations Special Envoy
for Syria called for all warring sides to agree by Sunday to
allow the first safe delivery of relief supplies to the divided
city of Aleppo.
Read more
for Syria called for all warring sides to agree by Sunday to
allow the first safe delivery of relief supplies to the divided
city of Aleppo.
Read more
Saturday, August 27, 2016
Milk price talks between Lactalis and producers collapse
PARIS, Aug 27 (Reuters) - Negotiations over milk purchase
prices between Europe's largest dairy group Lactalis and French
farmers collapsed late on Friday without an agreement, a union
official said.
Read more
prices between Europe's largest dairy group Lactalis and French
farmers collapsed late on Friday without an agreement, a union
official said.
Read more
Pacific Tropical Storm Lester now a hurricane - NHC
Aug 26 (Reuters) - Tropical Storm Lester has developed an
eye and is now a hurricane as it moved west in the Pacific Ocean
away from the mainland of Mexico, the National Hurricane Center
(NHC) said in an advisory on Friday.
Read more
eye and is now a hurricane as it moved west in the Pacific Ocean
away from the mainland of Mexico, the National Hurricane Center
(NHC) said in an advisory on Friday.
Read more
UPDATE 1-Energy Future wins court approval to exit bankruptcy
Aug 26 (Reuters) - Energy Future Holdings Corp
, Texas' biggest power company, won U.S. court
approval on Friday for a plan that will allow the bulk of its
operations to exit Chapter 11 after two years of battling
creditors.
Read more
, Texas' biggest power company, won U.S. court
approval on Friday for a plan that will allow the bulk of its
operations to exit Chapter 11 after two years of battling
creditors.
Read more
St. Jude says report by short sellers 'false and misleading'
Aug 26 (Reuters) - Medical device manufacturer St. Jude
Medical Inc said on Friday that a report by
short-selling firm Muddy Waters and a cyber-security researcher
alleging its heart devices were riddled with bugs was "false and
misleading."
Read more
Medical Inc said on Friday that a report by
short-selling firm Muddy Waters and a cyber-security researcher
alleging its heart devices were riddled with bugs was "false and
misleading."
Read more
Friday, August 26, 2016
UPDATE 1-China state planner official says rebound in private investment "not far off"
BEIJING, Aug 26 (Reuters) - A rebound in private investment
in China "won't be very far off" as supportive government policy
measures take effect, an official from its top economic planner
said on Friday.
Read more
in China "won't be very far off" as supportive government policy
measures take effect, an official from its top economic planner
said on Friday.
Read more
Britain does not need Hinkley for future energy needs -think tank
LONDON, Aug 26 (Reuters) - Britain does not need the Hinkley
Point C nuclear project and could use a mixture of alternative
resources to guarantee its future energy needs at a lower cost,
an energy and climate think tank said on Friday.
Read more
Point C nuclear project and could use a mixture of alternative
resources to guarantee its future energy needs at a lower cost,
an energy and climate think tank said on Friday.
Read more
UPDATE 3-Power outage briefly halted flights to Miami, nearby airports - FAA
WASHINGTON, Aug 25 (Reuters) - The U.S. Federal Aviation
Administration briefly halted flights at Miami International and
nearby airports around 11:30 a.m. EDT (1530 GMT) on Thursday
following a five-minute power outage at Miami's Terminal Radar
Approach Control, a spokeswoman said.
Read more
Administration briefly halted flights at Miami International and
nearby airports around 11:30 a.m. EDT (1530 GMT) on Thursday
following a five-minute power outage at Miami's Terminal Radar
Approach Control, a spokeswoman said.
Read more
Anti-nuclear governor in Japan asks Kyushu Electric to suspend nuke plant
TOKYO, Aug 26 (Reuters) - A local Japanese governor on
Friday asked Kyushu Electric Power to temporarily
suspend the Sendai nuclear plant, one of two operating in the
nation, further clouding efforts by the government and utilities
to restart more idled reactors.
Read more
Friday asked Kyushu Electric Power to temporarily
suspend the Sendai nuclear plant, one of two operating in the
nation, further clouding efforts by the government and utilities
to restart more idled reactors.
Read more
Thursday, August 25, 2016
Nord Stream 2 partners rework funding after joint venture collapses
FRANKFURT/MILAN, Aug 25 (Reuters) - Western partners in
Russia's Gazprom-led gas pipeline extension to Europe
are examining alternative ways to fund it after Poland's cartel
office blocked its clearance last month, company and legal
sources say.
Read more
Russia's Gazprom-led gas pipeline extension to Europe
are examining alternative ways to fund it after Poland's cartel
office blocked its clearance last month, company and legal
sources say.
Read more
UPDATE 1-Shareholders in Poland's PGNiG approve share buyback
WARSAW, Aug 25 (Reuters) - Shareholders in Poland's
state-run gas firm PGNiG approved on Thursday the
company's plan to buy back 2.2 percent of its own shares,
spending 700 million zlotys ($183 mln).
Read more
state-run gas firm PGNiG approved on Thursday the
company's plan to buy back 2.2 percent of its own shares,
spending 700 million zlotys ($183 mln).
Read more
Russia agrees to 48-hour Aleppo truce, UN awaits others - de Mistura
GENEVA, Aug 25 (Reuters) - Russia has agreed to a 48-hour
humanitarian pause in the divided Syrian city of Aleppo to allow
aid deliveries, but security guarantees are awaited from other
parties on the ground, U.N. officials said on Thursday.
Read more
humanitarian pause in the divided Syrian city of Aleppo to allow
aid deliveries, but security guarantees are awaited from other
parties on the ground, U.N. officials said on Thursday.
Read more
Coastal land expands as construction outpaces sea level rise
OSLO, Aug 25 (Reuters) - The Earth has gained coastal land
equivalent to the size of Jamaica in the past 30 years with
man-made construction outpacing erosion caused by rising sea
levels, mapping data showed on Thursday.
Read more
equivalent to the size of Jamaica in the past 30 years with
man-made construction outpacing erosion caused by rising sea
levels, mapping data showed on Thursday.
Read more
Chinese envoy tells Australian PM to fight 'protectionism' together - ABC
MELBOURNE, Aug 25 (Reuters) - China's ambassador told Prime
Minister Malcolm Turnbull that their countries should fight
protectionism together during a meeting a week after two Chinese
firms were blocked from buying a stake in Australia's biggest
power grid, broadcaster ABC reported on Thursday.
Read more
Minister Malcolm Turnbull that their countries should fight
protectionism together during a meeting a week after two Chinese
firms were blocked from buying a stake in Australia's biggest
power grid, broadcaster ABC reported on Thursday.
Read more
Parched Zimbabwe faces dire water shortages as new dry season nears
GUTAURARE, Zimbabwe, Aug 25 (Thomson Reuters Foundation) -
The only dam in this small-scale farming community in eastern
Zimbabwe used to provide water for both people and cattle. Now,
dried to a dirty puddle, it is a source of competition rather
than refreshment.
Read more
The only dam in this small-scale farming community in eastern
Zimbabwe used to provide water for both people and cattle. Now,
dried to a dirty puddle, it is a source of competition rather
than refreshment.
Read more
UPDATE 7-Tornadoes slam central Indiana, demolishing homes
* Trump's running mate, Gov. Pence, leaves campaign trail
(Adds Gov. Pence plans to visit storm-struck areas Thursday;
adds number of injuries reported, paragraphs 2, 4-5)
Read more
(Adds Gov. Pence plans to visit storm-struck areas Thursday;
adds number of injuries reported, paragraphs 2, 4-5)
Read more
Wednesday, August 24, 2016
UPDATE 1-France to open tender for 3,000 MW of solar plants -ministry
PARIS, Aug 24 (Reuters) - France will launch a series of
tenders for a combined capacity of 3,000 megawatts (MW) of solar
plants, the energy ministry said in a statement on Wednesday.
Read more
tenders for a combined capacity of 3,000 megawatts (MW) of solar
plants, the energy ministry said in a statement on Wednesday.
Read more
Celebrities join Native American pipeline protest in Washington, DC
WASHINGTON, Aug 24 (Reuters) - Actors Susan Sarandon, Riley
Keough and Shailene Woodley joined members of North Dakota's
Standing Rock Sioux Tribe outside a courthouse in Washington,
D.C., on Wednesday to protest against construction of a pipeline
they say would pollute water and desecrate sacred land.
Read more
Keough and Shailene Woodley joined members of North Dakota's
Standing Rock Sioux Tribe outside a courthouse in Washington,
D.C., on Wednesday to protest against construction of a pipeline
they say would pollute water and desecrate sacred land.
Read more
Bulgaria seeks closer ties with Turkey to tackle migrant inflow
SOFIA, Aug 24 (Reuters) - The lack of coordinated European
response to the migrant flow from the Middle East means Bulgaria
must work more closely with neighbouring Turkey to deal with the
crisis, Prime Minister Boiko Borisov said on Wednesday.
Read more
response to the migrant flow from the Middle East means Bulgaria
must work more closely with neighbouring Turkey to deal with the
crisis, Prime Minister Boiko Borisov said on Wednesday.
Read more
France to open tender for 3000 MW of solar plants - ministry
PARIS, Aug 24 (Reuters) - France will launch a series of
tenders for a combined capacity of 3000 megawatts of solar
plants, the energy ministry said in a statement on Wednesday.
Read more
tenders for a combined capacity of 3000 megawatts of solar
plants, the energy ministry said in a statement on Wednesday.
Read more
EUROPE POWER-Increased wind weighs on German prices in mixed spot
PARIS, Aug 24 (Reuters) - European spot power prices for
day-ahead delivery were mixed on Wednesday as increased
availability of wind power weighed on German prices while
scorching weather, boosting use of air conditioning, lifted
French prices.
Read more
day-ahead delivery were mixed on Wednesday as increased
availability of wind power weighed on German prices while
scorching weather, boosting use of air conditioning, lifted
French prices.
Read more
UPDATE 2-EDF, France agree on 400 mln euro compensation for Fessenheim closure-source
PARIS, Aug 24 (Reuters) - French state-controlled utility
EDF and the French government have agreed on a 400
million euro ($450 million) compensation package for the closure
of EDF's Fessenheim nuclear plant, a source familiar with the
situation said on Wednesday.
Read more
EDF and the French government have agreed on a 400
million euro ($450 million) compensation package for the closure
of EDF's Fessenheim nuclear plant, a source familiar with the
situation said on Wednesday.
Read more
UPDATE 4-California moves to extend climate program despite weak auction results
SAN FRANCISCO, Aug 23 (Reuters) - The California Assembly on
Tuesday passed a bill to extend the state's ambitious program to
fight climate change beyond 2020, but minutes later it posted
disappointing results from an auction of carbon permits that is
key to the plan.
Read more
Tuesday passed a bill to extend the state's ambitious program to
fight climate change beyond 2020, but minutes later it posted
disappointing results from an auction of carbon permits that is
key to the plan.
Read more
Tuesday, August 23, 2016
China's Silk Road powers bids for $1.5 bln Pakistan utility stake
SINGAPORE/ISLAMABAD, Aug 24 (Reuters) - Chinese state-backed
firms are frontrunners to buy a $1.5 billion controlling stake
in Pakistani utility K-Electric, sources said, as they bet the
benefits of a Beijing-led economic corridor will trump the risks
of investing in Pakistan.
Read more
firms are frontrunners to buy a $1.5 billion controlling stake
in Pakistani utility K-Electric, sources said, as they bet the
benefits of a Beijing-led economic corridor will trump the risks
of investing in Pakistan.
Read more
UPDATE 3-Obama promises support to Louisiana after floods
BATON ROUGE, La., Aug 23 (Reuters) - U.S. President Barack
Obama walked door to door in an East Baton Rouge Parish
neighborhood on Tuesday hugging people and offering assurances
that the country would help them recover from some of the worst
floods ever recorded in Louisiana.
Read more
Obama walked door to door in an East Baton Rouge Parish
neighborhood on Tuesday hugging people and offering assurances
that the country would help them recover from some of the worst
floods ever recorded in Louisiana.
Read more
CORRECTED-UPDATE 2-California sale of carbon permits falls short
SAN FRANCISCO, Aug 23 (Reuters) - California sold just over
one-third of the carbon permits it offered to cover emissions
this year, receiving the minimum price at an auction last week,
regulators of the state's cap-and-trade program said on Tuesday.
Read more
one-third of the carbon permits it offered to cover emissions
this year, receiving the minimum price at an auction last week,
regulators of the state's cap-and-trade program said on Tuesday.
Read more
Over 300 dead in India as floods force villagers into relief camps
NEW DELHI/BHUBANESWAR, India, Aug 23 (Thomson Reuters
Foundation) - A t least 300 people have died in eastern and
central India and more than six million others have been
affected by floods that have submerged villages, washed away
crops, destroyed roads and disrupted power and phone lines,
officials said on Tuesday.
Read more
Foundation) - A t least 300 people have died in eastern and
central India and more than six million others have been
affected by floods that have submerged villages, washed away
crops, destroyed roads and disrupted power and phone lines,
officials said on Tuesday.
Read more
UPDATE 2-Egypt plans to end fuel subsidies within three years - sources
CAIRO, Aug 23 (Reuters) - Egypt plans to end fuel subsidies
within three years and is aiming to increase fuel prices to 65
percent of their actual cost during the 2016/17 fiscal year, two
government sources told Reuters on Tuesday.
Read more
within three years and is aiming to increase fuel prices to 65
percent of their actual cost during the 2016/17 fiscal year, two
government sources told Reuters on Tuesday.
Read more
EUROPE POWER-Heatwave supports French power demand
PARIS, Aug 23 (Reuters) - French spot power prices for
next-day delivery prices rose on Tuesday on strong demand and a
fall in power supply from renewable sources.
Read more
next-day delivery prices rose on Tuesday on strong demand and a
fall in power supply from renewable sources.
Read more
Obama to tour flood-battered areas in Louisiana
WASHINGTON, Aug 23 (Reuters) - President Barack Obama will
visit Louisiana on Tuesday to assess flood damage there, days
after he was criticized for not cutting short his vacation on
Martha's Vineyard to view the devastation in the Gulf Coast
state.
Read more
visit Louisiana on Tuesday to assess flood damage there, days
after he was criticized for not cutting short his vacation on
Martha's Vineyard to view the devastation in the Gulf Coast
state.
Read more
Pakistan prepares its second LNG import terminal
SINGAPORE, Aug 23 (Reuters) - Pakistan is taking another
step towards becoming a key buyer of liquefied natural gas
(LNG), signing a deal to purchase a Floating Storage and
Regasification Unit (FSRU) for its second import terminal.
Read more
step towards becoming a key buyer of liquefied natural gas
(LNG), signing a deal to purchase a Floating Storage and
Regasification Unit (FSRU) for its second import terminal.
Read more
Monday, August 22, 2016
Swiss nuclear reactor at Leibstadt extends outage to late October
FRANKFURT, Aug 22 (Reuters) - Switzerland's biggest nuclear
power station at Leibstadt will extend its outage for
maintenance by eight weeks until Oct. 29, its operator said on
Monday, after discovering discolouration in eight cladding tubes
used to encase fuel rods.
Read more
power station at Leibstadt will extend its outage for
maintenance by eight weeks until Oct. 29, its operator said on
Monday, after discovering discolouration in eight cladding tubes
used to encase fuel rods.
Read more
RPT-UPDATE 1-UK gas supply worries ease as storage site to open more wells for withdrawals
LONDON, Aug 22 (Reuters) - Twenty wells at Britain's Rough
gas storage site should be available for withdrawals from Nov.
1, Centrica Storage Limited (CSL) said on Monday, above the
operator's previous estimate and easing concerns about record
low gas stocks this winter.
Read more
gas storage site should be available for withdrawals from Nov.
1, Centrica Storage Limited (CSL) said on Monday, above the
operator's previous estimate and easing concerns about record
low gas stocks this winter.
Read more
Tanzania's President Magufuli orders officials to speed up LNG project
DAR ES SALAAM, Aug 22 (Reuters) - Tanzanian president John
Magufuli ordered officials on Monday to speed up long-delayed
work on a planned liquefied natural gas (LNG) plant, saying
implementation of the project had taken too long.
Read more
Magufuli ordered officials on Monday to speed up long-delayed
work on a planned liquefied natural gas (LNG) plant, saying
implementation of the project had taken too long.
Read more
Sanofi says talked with Medivation, but will be "disciplined" acquirer
PARIS, Aug 22 (Reuters) - French pharmaceutical group Sanofi
reacted to Pfizer's roughly $14 billion cash deal for
Medivation Inc by saying it had appreciated the chance
to engage in talks with Medivation in past weeks.
Read more
reacted to Pfizer's roughly $14 billion cash deal for
Medivation Inc by saying it had appreciated the chance
to engage in talks with Medivation in past weeks.
Read more
EUROPE POWER-Spot prices mixed, curve at 8-week low
FRANKFURT, Aug 22 (Reuters) - European prompt power on
Monday was mixed, with German prices up on a drop in wind levels
and those in France down as more nuclear capacity reopened for
production.
Read more
Monday was mixed, with German prices up on a drop in wind levels
and those in France down as more nuclear capacity reopened for
production.
Read more
Shanghai Electric bids for stake in Pakistan's K-Electric
Aug 22 (Reuters) - China's state-backed Shanghai Electric
Power said it is bidding to acquire a stake in
Pakistani utility K-Electric Ltd, which has a total
market value of $2.3 billion.
Read more
Power said it is bidding to acquire a stake in
Pakistani utility K-Electric Ltd, which has a total
market value of $2.3 billion.
Read more
FEATURE-The scrap of paper that brings peace to Tanzania's small farmers
YAEDA AMPA, Tanzania, Aug 22 (Thomson Reuters Foundation) -
K atrina Hhaynihhi and her husband Simon could not be more proud
of the piece of paper held tightly in their hands: a title deed
which not only proves they are sole owners of their land but
also ends a simmering dispute with their neighbours.
Read more
K atrina Hhaynihhi and her husband Simon could not be more proud
of the piece of paper held tightly in their hands: a title deed
which not only proves they are sole owners of their land but
also ends a simmering dispute with their neighbours.
Read more
Sunday, August 21, 2016
RPT-UPDATE 3-China blasts Australian blocking of grid sale; door open to locals
SYDNEY, Aug 19 (Reuters) - China voiced anger on Friday over
a decision by Australia to rule out on security grounds the
preferred Chinese bidders for an energy grid potentially worth
more than $7 billion and restart the sale process.
Read more
a decision by Australia to rule out on security grounds the
preferred Chinese bidders for an energy grid potentially worth
more than $7 billion and restart the sale process.
Read more
Germany to tell people to stockpile food and water in case of attacks - FAS
BERLIN, Aug 21 (Reuters) - For the first time since the end
of the Cold War, the German government plans to tell citizens to
stockpile food and water in case of an attack or catastrophe,
the Frankfurter Allgemeine Sonntagszeitung newspaper reported on
Sunday.
Read more
of the Cold War, the German government plans to tell citizens to
stockpile food and water in case of an attack or catastrophe,
the Frankfurter Allgemeine Sonntagszeitung newspaper reported on
Sunday.
Read more
UPDATE 2-Canada's British Columbia keeps carbon tax frozen in new climate plan
Aug 19 (Reuters) - Canada's British Columbia unveiled a new
climate action plan on Friday that kept its carbon tax frozen at
C$30 per tonne, a move environmental groups warned would
undermine the province's target of cutting 2050 emissions by 80
percent from 2007 levels.
Read more
climate action plan on Friday that kept its carbon tax frozen at
C$30 per tonne, a move environmental groups warned would
undermine the province's target of cutting 2050 emissions by 80
percent from 2007 levels.
Read more
Friday, August 19, 2016
Chinese power conglomerates becoming dominant forces in Brazil
SAO PAULO, Aug 19 (Reuters) - Chinese power conglomerates
are gradually becoming the dominant force in Brazil's
electricity industry, where high debt, a harsh recession and
less stringent takeover barriers than in other major markets
have stoked a wave of acquisitions.
Read more
are gradually becoming the dominant force in Brazil's
electricity industry, where high debt, a harsh recession and
less stringent takeover barriers than in other major markets
have stoked a wave of acquisitions.
Read more
U.S. oil drillers add rigs for eighth week in row -Baker Hughes
Aug 19 (Reuters) - U.S. drillers this week added oil rigs
for an eighth consecutive week, the longest recovery streak in
the rig count in over two years, as crude prices rebounded
toward the key $50-a-barrel mark that makes the return to the
well pad viable.
Read more
for an eighth consecutive week, the longest recovery streak in
the rig count in over two years, as crude prices rebounded
toward the key $50-a-barrel mark that makes the return to the
well pad viable.
Read more
GLOBAL LNG-Prices dip on new tenders as Argentina cancels, defers imports
MILAN, Aug 19 (Reuters) - Asian spot liquefied natural gas
(LNG) prices edged lower on a slew of new supply tenders and as
Argentina moved to cancel and delay previously agreed purchases,
but rallying oil and Nigerian disruptions held deeper losses at
bay.
Read more
(LNG) prices edged lower on a slew of new supply tenders and as
Argentina moved to cancel and delay previously agreed purchases,
but rallying oil and Nigerian disruptions held deeper losses at
bay.
Read more
UPDATE 1-China's Xi says wants to ensure "correct direction" of Myanmar ties
BEIJING/YANGON, Aug 19 (Reuters) - Chinese President Xi
Jinping told Myanmar leader Aung San Suu Kyi on Friday China
wants to ensure relations develop in the "correct direction", as
Myanmar activists wrote to Xi saying they want China to address
concern about a stalled dam project.
Read more
Jinping told Myanmar leader Aung San Suu Kyi on Friday China
wants to ensure relations develop in the "correct direction", as
Myanmar activists wrote to Xi saying they want China to address
concern about a stalled dam project.
Read more
China's Xi says wants to ensure "correct direction" of Myanmar ties
BEIJING/YANGON, Aug 19 (Reuters) - Chinese President Xi
Jinping told Myanmar leader Aung San Suu Kyi on Friday China
wants to ensure relations develop in the "correct direction", as
Myanmar activists wrote to Xi saying they want China to address
concern about a stalled dam project.
Read more
Jinping told Myanmar leader Aung San Suu Kyi on Friday China
wants to ensure relations develop in the "correct direction", as
Myanmar activists wrote to Xi saying they want China to address
concern about a stalled dam project.
Read more
China's State Grid expresses regret over Australia rejection
BEIJING, Aug 19 (Reuters) - State Grid Corp of China
expressed "deep regret" on Friday after Australia
formally blocked the A$10 billion ($7.6 bln) sale of Ausgrid to
Chinese bidders on security grounds.
Read more
expressed "deep regret" on Friday after Australia
formally blocked the A$10 billion ($7.6 bln) sale of Ausgrid to
Chinese bidders on security grounds.
Read more
EUROPE POWER-German spot prices fall, warm weather lifts those in France
FRANKFURT, Aug 19 (Reuters) - European prompt power for
early next week diverged on Friday, with German prices down on
an increase in thermal capacity and those in France boosted by
the return of warmer weather and tighter nuclear supply.
Read more
early next week diverged on Friday, with German prices down on
an increase in thermal capacity and those in France boosted by
the return of warmer weather and tighter nuclear supply.
Read more
China says Australia grid sale decision will hurt trade relationship
BEIJING, Aug 19 (Reuters) - Australia's decision to block
grid sale to Chinese firms showed uncertainty in its investment
environment and will seriously hurt the willingness of Chinese
companies to invest in the country, China's commerce ministry
said on Friday.
Read more
grid sale to Chinese firms showed uncertainty in its investment
environment and will seriously hurt the willingness of Chinese
companies to invest in the country, China's commerce ministry
said on Friday.
Read more
Australian treasurer formally rejects Chinese bids for state-owned Ausgrid
SYDNEY, Aug 19 (Reuters) - Australian Treasurer Scott
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
UPDATE 1-Australian treasurer formally rejects Chinese bids for state-owned Ausgrid
SYDNEY, Aug 19 (Reuters) - Australian Treasurer Scott
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
Morrison on Friday officially rejected bids by two Chinese
companies in the A$10-billion ($7.67-billion) sale of the
country's biggest energy grid, Ausgrid, after they failed to
overcome security concerns.
Read more
Thursday, August 18, 2016
UPDATE 2-About 86,500 sought federal aid after Louisiana floods
BATON ROUGE, La., Aug 18 (Reuters) - Some 86,500 people have
filed for federal aid after deadly flooding hit Louisiana in the
past several days and damaged some 40,000 homes, Governor John
Bel Edwards told a news conference on Thursday.
Read more
filed for federal aid after deadly flooding hit Louisiana in the
past several days and damaged some 40,000 homes, Governor John
Bel Edwards told a news conference on Thursday.
Read more
Artificial intelligence can find, map poverty, researchers say
LONDON, Aug 18 (Thomson Reuters Foundation) - A new
technique using artificial intelligence to read satellite images
could aid efforts to eradicate global poverty by indicating
where help is needed most, a team of U.S. researchers said on
Thursday.
Read more
technique using artificial intelligence to read satellite images
could aid efforts to eradicate global poverty by indicating
where help is needed most, a team of U.S. researchers said on
Thursday.
Read more
UPDATE 1-Argentine court suspends subsidy cuts for home heating gas
BUENOS AIRES, Aug 18 (Reuters) - Argentina's Supreme Court
ruled on Thursday that the government must hold public hearings
before cutting energy subsidies and hiking residential utility
rates, a decision sure to be welcomed by homeowners while
threatening the country's austerity drive.
Read more
ruled on Thursday that the government must hold public hearings
before cutting energy subsidies and hiking residential utility
rates, a decision sure to be welcomed by homeowners while
threatening the country's austerity drive.
Read more
EUROPE POWER-Spot narrowly down, curve ignores firmer fuels
FRANKFURT, Aug 18 (Reuters) - European spot power prices
eased on Thursday on weaker pre-weekend demand and improved
thermal plant availability, outweighing the impact of reduced
renewables output.
Read more
eased on Thursday on weaker pre-weekend demand and improved
thermal plant availability, outweighing the impact of reduced
renewables output.
Read more
Argentine court suspends cutting of subsidies for home heating gas
BUENOS AIRES, Aug 18 (Reuters) - Argentina's Supreme Court
ruled on Thursday that the government must hold public hearings
before cutting energy subsidies and hiking residential utility
rates, a decision sure to be welcomed by homeowners while
threatening the country's austerity drive.
Read more
ruled on Thursday that the government must hold public hearings
before cutting energy subsidies and hiking residential utility
rates, a decision sure to be welcomed by homeowners while
threatening the country's austerity drive.
Read more
Amazon steps up British investment with Tilbury distribution centre
LONDON, Aug 18 (Reuters) - Online retailer Amazon
said it would create 1,500 new jobs in 2017 when it opens a new
distribution centre in Tilbury, south east England, maintaining
its surge of investment in Britain.
Read more
said it would create 1,500 new jobs in 2017 when it opens a new
distribution centre in Tilbury, south east England, maintaining
its surge of investment in Britain.
Read more
Nuclear developers have big plans for pint-sized power plants in UK
* Large plant costs led developers to look at smaller
versions
* First deployment in UK possible by late 2020s
* Critics say no guarantee SMRs will be cheaper, viable
* Graphic -UK nuclear sites - http://tmsnrt.rs/2b4T144
By Susanna Twidale
LONDON, Aug 18 (Reuters) - A range of mini-nuclear power
plants could help solve Britain's looming power crunch, rather
than the $24 billion Hinkley project snarled up in delays,
companies developing the technology say.
So-called smal
Read more
versions
* First deployment in UK possible by late 2020s
* Critics say no guarantee SMRs will be cheaper, viable
* Graphic -UK nuclear sites - http://tmsnrt.rs/2b4T144
By Susanna Twidale
LONDON, Aug 18 (Reuters) - A range of mini-nuclear power
plants could help solve Britain's looming power crunch, rather
than the $24 billion Hinkley project snarled up in delays,
companies developing the technology say.
So-called smal
Read more
New Zealand launches water supply inquiry after thousands fall sick
WELLINGTON, Aug 18 (Reuters) - The New Zealand government
launched an inquiry on Thursday into the contamination of a
regional water supply that has left thousands of people sick
with vomiting and diarrhoea.
Read more
launched an inquiry on Thursday into the contamination of a
regional water supply that has left thousands of people sick
with vomiting and diarrhoea.
Read more
Wednesday, August 17, 2016
UPDATE 1-Canada's Brookfield to buy Odebrecht Ambiental - source
* Brazil corruption scandal ends IPO, global expansion
(Adds details on other potential bidders)
Read more
(Adds details on other potential bidders)
Read more
Canada's Brookfield to buy Odebrecht Ambiental - source
PARIS, Aug 17 (Reuters) - Canada's Brookfield Asset
Management Inc has signed a preliminary contract to
buy Brazilian engineering conglomerate Grupo Odebrecht's 70
percent stake in water and sewage group Odebrecht Ambiental, an
industry source told Reuters on Wednesday.
Read more
Management Inc has signed a preliminary contract to
buy Brazilian engineering conglomerate Grupo Odebrecht's 70
percent stake in water and sewage group Odebrecht Ambiental, an
industry source told Reuters on Wednesday.
Read more
CORRECTED-RPT-Undermining China: towns sink after mines close
HELIN, China, Aug 14 (Reuters) - Deep in the coal
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
EUROPE POWER-German spot down on higher supply, France up on tight nuclear
FRANKFURT, Aug 17 (Reuters) - European spot power prices on
Wednesday were mixed as German prices fell on improved thermal
power supply and French prices rose on tighter nuclear
availability.
Read more
Wednesday were mixed as German prices fell on improved thermal
power supply and French prices rose on tighter nuclear
availability.
Read more
After years of pain, coal becomes one of the hottest commodities of 2016
SINGAPORE, Aug 17 (Reuters) - Less than a year after the
coal industry was declared to be in terminal decline, the fossil
fuel has staged its steepest price rally in over half a decade,
making it one of the hottest major commodities.
Read more
coal industry was declared to be in terminal decline, the fossil
fuel has staged its steepest price rally in over half a decade,
making it one of the hottest major commodities.
Read more
Tuesday, August 16, 2016
In flood-hit Louisiana town, 'I lost everything' becomes painful refrain
DENHAM SPRINGS, La., Aug 16 (Reuters) - With floodwaters
engulfing her home in Denham Springs, Louisiana, over the
weekend, Dana Dillon swam to her front door to rescue her cats
and found furniture floating in chest-deep water.
Read more
engulfing her home in Denham Springs, Louisiana, over the
weekend, Dana Dillon swam to her front door to rescue her cats
and found furniture floating in chest-deep water.
Read more
UPDATE 1-Chile energy prices seen falling after massive auction
SANTIAGO, Aug 16 (Reuters) - The cost of energy in Chile is
likely to fall in the next decade, as an auction aimed at
providing around a third of the copper exporter's energy needs
had attracted bids priced more competitively than forecast, the
energy minister said.
Read more
likely to fall in the next decade, as an auction aimed at
providing around a third of the copper exporter's energy needs
had attracted bids priced more competitively than forecast, the
energy minister said.
Read more
EUROPE POWER-Prompt rises on German demand, tight French nuclear
FRANKFURT, Aug 16 (Reuters) - European spot power prices
rose on Tuesday as hot weather and low wind was set to give way
to slightly lower temperatures over the next two days in
Germany, the main market, where demand was rising.
Read more
rose on Tuesday as hot weather and low wind was set to give way
to slightly lower temperatures over the next two days in
Germany, the main market, where demand was rising.
Read more
Myanmar's Suu Kyi heads to China with dam project clouding ties
YANGON, Aug 16 (Reuters) - Myanmar leader Aung San Suu Kyi
is heading to China on Wednesday for what is likely to be her
government's biggest diplomatic test, with the fate of a
suspended dam project, backed by China but opposed by many
people in Myanmar, in the balance.
Read more
is heading to China on Wednesday for what is likely to be her
government's biggest diplomatic test, with the fate of a
suspended dam project, backed by China but opposed by many
people in Myanmar, in the balance.
Read more
REFILE-UPDATE 1-Amid nuclear spat, Britain's May says wants strong China ties
BEIJING, Aug 16 (Reuters) - British Prime Minister Theresa
May has written to China's president and premier seeking to
enhance trade and cooperation, amid a dispute over London
delaying a $24 billion nuclear project due to security concerns
over Chinese financing.
Read more
May has written to China's president and premier seeking to
enhance trade and cooperation, amid a dispute over London
delaying a $24 billion nuclear project due to security concerns
over Chinese financing.
Read more
Monday, August 15, 2016
China's July power consumption rises 8.17 pct y/y
BEIJING, Aug 16 (Reuters) - China's power consumption
reached 552.3 billion kilowatt hours (kwh) in July, up 8.17
percent from the same period a year earlier, the country's
economic planner said on Tuesday.
Read more
reached 552.3 billion kilowatt hours (kwh) in July, up 8.17
percent from the same period a year earlier, the country's
economic planner said on Tuesday.
Read more
UPDATE 2-Praxair in talks to acquire Linde- source
Aug 15 (Reuters) - U.S. industrial gas supplier Praxair Inc
is in early-stage talks to acquire German peer Linde AG
and create the biggest company in their sector with a
market value of more than $60 billion, a person familiar with
the matter said.
Read more
is in early-stage talks to acquire German peer Linde AG
and create the biggest company in their sector with a
market value of more than $60 billion, a person familiar with
the matter said.
Read more
UPDATE 1-E.ON to compensate UK customers after gas meter mix-up
Aug 15 (Reuters) - British gas suppliers may have to
compensate hundreds of their customers who were overcharged
because of a mix-up involving metric and imperial measurements,
with one having paid too much for 15 years.
Read more
compensate hundreds of their customers who were overcharged
because of a mix-up involving metric and imperial measurements,
with one having paid too much for 15 years.
Read more
Myanmar monsoon floods kill eight, disrupt lives of 400,000
YANGON, Aug 15 (Reuters) - Floods caused by monsoon rains
have killed at least eight people and disrupted the lives of
400,000 across Myanmar, the government said, a year since the
worst floods in decades left thousands homeless and inundated
vast tracts of farmland.
Read more
have killed at least eight people and disrupted the lives of
400,000 across Myanmar, the government said, a year since the
worst floods in decades left thousands homeless and inundated
vast tracts of farmland.
Read more
EUROPE POWER-Spot up on tighter nuclear, end of holiday
FRANKFURT, Aug 15 (Reuters) - European spot power rose on
Monday on expectations for higher demand after the Assumption
Day holiday in many parts of the region, tight wind supply and
some nuclear outages.
Read more
Monday on expectations for higher demand after the Assumption
Day holiday in many parts of the region, tight wind supply and
some nuclear outages.
Read more
UPDATE 1-Xylem to buy smart meter company Sensus for $1.7 bln
NEW YORK, Aug 15 (Reuters) - U.S. water technology company
Xylem Inc said on Monday it would buy Sensus USA Inc, a
provider of advanced metering technologies to utilities, for
around $1.7 billion in cash.
Read more
Xylem Inc said on Monday it would buy Sensus USA Inc, a
provider of advanced metering technologies to utilities, for
around $1.7 billion in cash.
Read more
RPT-Undermining China: towns sink after mines close
HELIN, China, Aug 14 (Reuters) - Deep in the coal
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
Sunday, August 14, 2016
RPT-Undermining China: towns sink after mines close
HELIN, China, Aug 14 (Reuters) - Deep in the coal
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
Undermining China: towns sink after mines close
HELIN, China, Aug 14 (Reuters) - Deep in the coal
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
Read more
Saturday, August 13, 2016
UPDATE 1-Florida woman's hand almost bitten off by alligator
Aug 13 (Reuters) - A woman who reached into the water to
retrieve an empty soda can while visiting the Florida Everglades
was attacked by an alligator that nearly bit her hand off, state
wildlife officials said on Saturday.
Read more
retrieve an empty soda can while visiting the Florida Everglades
was attacked by an alligator that nearly bit her hand off, state
wildlife officials said on Saturday.
Read more
China to use tougher environmental standards to tackle capacity glut
SHANGHAI, Aug 13 (Reuters) - China will use the stricter
enforcement of environmental, safety and energy efficiency
standards as well as tougher credit controls to help fight
against overcapacity in key industrial sectors, the government
said.
Read more
enforcement of environmental, safety and energy efficiency
standards as well as tougher credit controls to help fight
against overcapacity in key industrial sectors, the government
said.
Read more
Friday, August 12, 2016
UPDATE 1-U.S. oil drillers add most rigs since Dec in longest streak in 2 years
Aug 12 (Reuters) - U.S. drillers this week added oil rigs
for a seventh consecutive week, the longest recovery streak in
the rig count in over two years, even as analysts revise down
rig count growth forecasts and energy firms become more cautious
the longer crude holds below $50 a barrel.
Read more
for a seventh consecutive week, the longest recovery streak in
the rig count in over two years, even as analysts revise down
rig count growth forecasts and energy firms become more cautious
the longer crude holds below $50 a barrel.
Read more
SunEdison shareholders denied official role in bankruptcy
NEW YORK, Aug 12 (Reuters) - A U.S. judge denied a request
by shareholders of SunEdison Inc for an official
committee to represent them in the bankruptcy of the U.S.
renewable power plant developer, which the judge described as
"hopelessly insolvent."
Read more
by shareholders of SunEdison Inc for an official
committee to represent them in the bankruptcy of the U.S.
renewable power plant developer, which the judge described as
"hopelessly insolvent."
Read more
U.S. oil drillers add rigs for 7th week in a row -Baker Hughes
Aug 12 (Reuters) - U.S. drillers this week added oil rigs
for a seventh consecutive week, according to a closely followed
report on Friday, even as analysts revise down rig count growth
forecasts and energy firms become more cautious the longer crude
holds below $50 a barrel.
Read more
for a seventh consecutive week, according to a closely followed
report on Friday, even as analysts revise down rig count growth
forecasts and energy firms become more cautious the longer crude
holds below $50 a barrel.
Read more
GLOBAL LNG-Prices slump on Pacific supply, muted Nigeria impact
MILAN, Aug 12 (Reuters) - Asian spot liquefied natural gas
(LNG) prices fell for a second week as Pacific producers added
supply and curbs on Nigerian output were to be lifted by the end
of the month, amid thin demand.
Read more
(LNG) prices fell for a second week as Pacific producers added
supply and curbs on Nigerian output were to be lifted by the end
of the month, amid thin demand.
Read more
EUROPE POWER-Spot down for early next week on holiday, curve up
FRANKFURT, Aug 12 (Reuters) - European spot power on Friday
traded down for early next week, weighed down by more thermal
and solar supply combined with a pending holiday in parts of the
region.
Read more
traded down for early next week, weighed down by more thermal
and solar supply combined with a pending holiday in parts of the
region.
Read more
Indonesian president approves plans to form state holding companies -minister
JAKARTA, Aug 12 (Reuters) - Indonesia's president Joko
Widodo has approved plans to create holding companies for state
firms in oil, mining, financial services and food sectors,
State-Owned Enterprise minister Rini Soemarno told reporters on
Friday.
Read more
Widodo has approved plans to create holding companies for state
firms in oil, mining, financial services and food sectors,
State-Owned Enterprise minister Rini Soemarno told reporters on
Friday.
Read more
Thursday, August 11, 2016
RPT-COLUMN-Oil demand likely rising in sweltering Middle East: Kemp
LONDON, Aug 11 (Reuters) - Saudi Arabia raised its oil
production to a record last month while much of the kingdom
sweltered in record temperatures that have also hit neighbouring
countries across the Middle East.
Read more
production to a record last month while much of the kingdom
sweltered in record temperatures that have also hit neighbouring
countries across the Middle East.
Read more
COLUMN-Oil demand likely rising in sweltering Middle East: Kemp
LONDON, Aug 11 (Reuters) - Saudi Arabia raised its oil
production to a record last month while much of the kingdom
sweltered in record temperatures that have also hit neighbouring
countries across the Middle East.
Read more
production to a record last month while much of the kingdom
sweltered in record temperatures that have also hit neighbouring
countries across the Middle East.
Read more
EUROPE POWER-Spot rises on solar patterns, curve prices off
FRANKFURT, Aug 11 (Reuters) - European spot power prices
rose on Thursday on lower sun power forecasts although more
thermal plant capacity will become available for generation,
traders said.
Read more
rose on Thursday on lower sun power forecasts although more
thermal plant capacity will become available for generation,
traders said.
Read more
Wednesday, August 10, 2016
Australia shares fall 1 pct to hit 6-day low, NZ shares little changed
SYDNEY/WELLINGTON, Aug 11 (Reuters) - Australian shares fell
1 percent on Thursday as negative market sentiment towards the
country's financial sector dragged the index to a six-day low.
Read more
1 percent on Thursday as negative market sentiment towards the
country's financial sector dragged the index to a six-day low.
Read more
UPDATE 1-Chesapeake to sell Barnett land, renegotiate Williams contract
Aug 10 (Reuters) - Chesapeake Energy Corp said on
Wednesday that it would sell its Barnett shale acreage in Texas
to private equity-backed Saddle Barnett Resources LLC and had
renegotiated an expensive pipeline contract with Williams
Partners LP, steps that should save more than $1.9
billion in future liabilities.
Read more
Wednesday that it would sell its Barnett shale acreage in Texas
to private equity-backed Saddle Barnett Resources LLC and had
renegotiated an expensive pipeline contract with Williams
Partners LP, steps that should save more than $1.9
billion in future liabilities.
Read more
SunEdison's "yieldcos" delay filing quarterly reports
Aug 10 (Reuters) - TerraForm Power Inc and
TerraForm Global Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said they would delay filing
their second-quarter earnings reports.
Read more
TerraForm Global Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said they would delay filing
their second-quarter earnings reports.
Read more
Bouygues, Vallourec deny conflict of interest in Hinkley Point vote
PARIS, Aug 10 (Reuters) - French firms Bouygues and
Vallourec denied that members of their boards who are also on
the board of EDF had a conflict of interest when they voted in
favour of the French utility's Hinkley Point nuclear project in
Britain.
Read more
Vallourec denied that members of their boards who are also on
the board of EDF had a conflict of interest when they voted in
favour of the French utility's Hinkley Point nuclear project in
Britain.
Read more
Top power firms say will turn Nigeria off if not paid
LAGOS, Aug 10 (Reuters) - Nigeria's largest electricity
companies will shut down power supplies unless the government
pays longstanding bills it owes them and improves gas supplies,
a joint statement said on Wednesday.
Read more
companies will shut down power supplies unless the government
pays longstanding bills it owes them and improves gas supplies,
a joint statement said on Wednesday.
Read more
U.S. Steel Canada rejects latest offer from Essar consortium
TORONTO, Aug 10 (Reuters) - U.S. Steel Canada on Wednesday
rejected a buyout offer from Ontario Steel Investment Ltd, a
group that includes shareholders of Essar Global, saying it was
not considering further proposals by Essar, which had been
eliminated from the sale process.
Read more
rejected a buyout offer from Ontario Steel Investment Ltd, a
group that includes shareholders of Essar Global, saying it was
not considering further proposals by Essar, which had been
eliminated from the sale process.
Read more
COLUMN-Heatwaves and low prices tighten U.S. gas market: Kemp
LONDON, Aug 10 (Reuters) - Unusually hot weather coupled
with cheap fuel prices caused U.S. power producers to burn a
record volume of gas last month to meet soaring demand for
electricity for airconditioning.
Read more
with cheap fuel prices caused U.S. power producers to burn a
record volume of gas last month to meet soaring demand for
electricity for airconditioning.
Read more
EUROPE POWER-Spot slightly higher, weather forecasts mixed
FRANKFURT, Aug 10 (Reuters) - European prompt power prices
rose on Wednesday as forecasts for more wind power and easing
demand were overridden by less solar and brown coal fired power
supply.
Read more
rose on Wednesday as forecasts for more wind power and easing
demand were overridden by less solar and brown coal fired power
supply.
Read more
S. Africa's Eskom suspends two managers over leak of nuclear documents
JOHANNESBURG, Aug 10 (Reuters) - South Africa's state-run
power utility Eskom said on Wednesday it had suspended two
senior managers as part of an investigation into the leaking of
documents in a court case involving Koeberg, Africa's only
nuclear power plant.
Read more
power utility Eskom said on Wednesday it had suspended two
senior managers as part of an investigation into the leaking of
documents in a court case involving Koeberg, Africa's only
nuclear power plant.
Read more
Tuesday, August 9, 2016
PG&E guilty of federal charges in deadly California blast
SAN FRANCISCO, Aug 9 (Reuters) - Pacific Gas and Electric Co
was found guilty on Tuesday of several federal charges stemming
from a natural gas pipeline explosion in California that killed
eight people and injured 58 others in 2010, a U.S. Justice
Department spokesman said.
Read more
was found guilty on Tuesday of several federal charges stemming
from a natural gas pipeline explosion in California that killed
eight people and injured 58 others in 2010, a U.S. Justice
Department spokesman said.
Read more
UPDATE 1-PG&E guilty of federal charges in deadly California blast
SAN FRANCISCO, Aug 9 (Reuters) - Pacific Gas & Electric Co
was found guilty on Tuesday of several federal
charges stemming from a natural gas pipeline explosion in
California that killed eight people and injured 58 others in
2010, a U.S. Justice Department spokesman said.
Read more
was found guilty on Tuesday of several federal
charges stemming from a natural gas pipeline explosion in
California that killed eight people and injured 58 others in
2010, a U.S. Justice Department spokesman said.
Read more
Syria talks should not rest on halt in Aleppo fighting -Russia
UNITED NATIONS, Aug 9 (Reuters) - Russia warned on Tuesday
that the next round of Syria peace talks should not be
contingent on a halt to fighting in Aleppo after U.N. Syria
envoy Staffan de Mistura told the U.N. Security Council he aims
to reconvene negotiations in late August.
Read more
that the next round of Syria peace talks should not be
contingent on a halt to fighting in Aleppo after U.N. Syria
envoy Staffan de Mistura told the U.N. Security Council he aims
to reconvene negotiations in late August.
Read more
Brazil's Cemig reiterates plans for asset sales
SAO PAULO, Aug 9 (Reuters) - Brazilian utility Companhia
Energética de Minas Gerais said in a securities filing on
Tuesday it plans to sell assets to reduce debt, confirming
statements made by Chief Executive Mauro Borges in an interview
with a local newspaper.
Read more
Energética de Minas Gerais said in a securities filing on
Tuesday it plans to sell assets to reduce debt, confirming
statements made by Chief Executive Mauro Borges in an interview
with a local newspaper.
Read more
US, Australia, Canada indigenous land rights laws lag Africa, Latam - mapping study
LONDON, Aug 9 (Thomson Reuters Foundation) - Wealthier
countries including the United States and Australia score behind
Latin America and African nations when it comes to laws
protecting indigenous land rights, according to the first
analysis of an online global map of land ownership.
Read more
countries including the United States and Australia score behind
Latin America and African nations when it comes to laws
protecting indigenous land rights, according to the first
analysis of an online global map of land ownership.
Read more
CORRECTED-Italy's Enel to accelerate hydroelectric projects in Brazil
SAO PAULO, Aug 9 (Reuters) - Enel Green Power,
controlled by Italy's Enel, plans to accelerate by one
year the beginning of operations at three hydroelectric projects
requiring investments of 1 billion reais ($316 million) in
Brazil's Mato Grosso state, the company told Reuters on Tuesday.
(Reporting by Luciano Costa; Writing by Reese Ewing; Editing by
Bernard Orr ansd Steve Orlofsky)
Read more
controlled by Italy's Enel, plans to accelerate by one
year the beginning of operations at three hydroelectric projects
requiring investments of 1 billion reais ($316 million) in
Brazil's Mato Grosso state, the company told Reuters on Tuesday.
(Reporting by Luciano Costa; Writing by Reese Ewing; Editing by
Bernard Orr ansd Steve Orlofsky)
Read more
Thousands more workers to join strike at South African power utility
JOHANNESBURG, Aug 9 (Reuters) - Thousands more workers at
South African power stations plan to join a strike on Wednesday
over pay at state-run utility Eskom, their union said on
Tuesday.
Read more
South African power stations plan to join a strike on Wednesday
over pay at state-run utility Eskom, their union said on
Tuesday.
Read more
UPDATE 1-UN urges Aleppo ceasefire to repair water system, stem outbreaks
* UN Syria envoy, top aid official to brief Security Council
(Adds details, quotes, byline)
Read more
(Adds details, quotes, byline)
Read more
Britain defends decision to review $24 bln nuclear plant
LONDON, Aug 9 (Reuters) - Britain on Tuesday defended its
decision to review a planned $24 billion nuclear power project
after criticism from China which is helping to fund the deal.
Read more
decision to review a planned $24 billion nuclear power project
after criticism from China which is helping to fund the deal.
Read more
UPDATE 2-Ten-year-old boy on Kansas City waterslide died of neck injury-police
Aug 8 (Reuters) - The 10-year-old son of a state lawmaker
died of a neck injury while riding the world's tallest water
slide in Kansas City, Kansas, police said on Monday.
Read more
died of a neck injury while riding the world's tallest water
slide in Kansas City, Kansas, police said on Monday.
Read more
Monday, August 8, 2016
UPDATE 9-Power outage at Delta causes flight cancellations, delays
Aug 8 (Reuters) - Delta Air Lines Inc canceled
hundreds of flights and delayed many others on Monday after an
outage hit its computer systems, grounding planes and stranding
passengers of one of the world's largest carriers at airports
around the globe.
Read more
hundreds of flights and delayed many others on Monday after an
outage hit its computer systems, grounding planes and stranding
passengers of one of the world's largest carriers at airports
around the globe.
Read more
Egypt announces sharp rises in electricity prices as it aims to phase out subsidies
CAIRO, Aug 8 (Reuters) - Egypt will increase electricity
prices by up to 40 percent for households as part of its plan to
repair its finances by eliminating power subsidies entirely over
the next few years, the government said on Monday.
Read more
prices by up to 40 percent for households as part of its plan to
repair its finances by eliminating power subsidies entirely over
the next few years, the government said on Monday.
Read more
UPDATE 1-Williams Cos, Williams Partners to sell Canadian operations
Aug 8 (Reuters) - Pipeline company Williams Cos Inc
and its master limited partnership agreed on Monday to sell
their Canadian natural gas liquids midstream businesses to Inter
Pipeline Ltd for total cash proceeds of C$1.35 billion
($1.03 billion).
Read more
and its master limited partnership agreed on Monday to sell
their Canadian natural gas liquids midstream businesses to Inter
Pipeline Ltd for total cash proceeds of C$1.35 billion
($1.03 billion).
Read more
RPT-COLUMN-LNG producers' quandary: embrace or rage against new market structure - Russell
LAUNCESTON, Australia, Aug 8 (Reuters) - Global producers of
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
Read more
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
Read more
EUROPE POWER-Wind supply downturn boosts German spot, forwards rise
FRANKFURT, Aug 8 (Reuters) - European prompt power was mixed
on Monday, with German prices rising on tighter renewables
supply while prices in France dropped on falling temperatures.
Read more
on Monday, with German prices rising on tighter renewables
supply while prices in France dropped on falling temperatures.
Read more
Britons will decide how to spend $1.3 bln shale gas fund
LONDON, Aug 8 (Reuters) - Britons living near "fracking"
developments will be able to decide how a 1 billion pound ($1.3
billion) shale gas wealth fund should be spent, either by
accepting direct personal payments or supporting projects such
as railways or flood defences, the government said on Monday.
Read more
developments will be able to decide how a 1 billion pound ($1.3
billion) shale gas wealth fund should be spent, either by
accepting direct personal payments or supporting projects such
as railways or flood defences, the government said on Monday.
Read more
EDF unions say lack of information invalidates Hinkley Point board vote
PARIS, Aug 8 (Reuters) - The EDF board's lack of information
about the UK government's request for more time to review the
Hinkley Point nuclear project renders its go-ahead for the
investment decision invalid, three EDF unions said on Monday.
Read more
about the UK government's request for more time to review the
Hinkley Point nuclear project renders its go-ahead for the
investment decision invalid, three EDF unions said on Monday.
Read more
COLUMN-LNG producers' quandry: embrace or rage against new market structure - Russell
LAUNCESTON, Australia, Aug 8 (Reuters) - Global producers of
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
Read more
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
Read more
Evicted from Tanzanian wetland, herders win 10-year battle for compensation
DAR ES SALAAM, Aug 8 (Thomson Reuters Foundation) - Ten
years after losing their homes and grazing lands in a "brutal"
eviction from a vast Tanzanian wetland, a group of more than 600
farmers have won their battle for compensation.
Read more
years after losing their homes and grazing lands in a "brutal"
eviction from a vast Tanzanian wetland, a group of more than 600
farmers have won their battle for compensation.
Read more
Sunday, August 7, 2016
UK considers plan to pay households affected by fracking
LONDON, Aug 7 (Reuters) - Some tax proceeds from shale gas
developments in Britain could be given directly to residents,
Prime Minister Theresa May said on Sunday, in a bid to help
clear the path for an industry hampered for years by local
opposition to fracking.
Read more
developments in Britain could be given directly to residents,
Prime Minister Theresa May said on Sunday, in a bid to help
clear the path for an industry hampered for years by local
opposition to fracking.
Read more
COLUMN-Heatwave spurs record gas burn by U.S. power producers: Kemp
LONDON, Aug 5 (Reuters) - Record gas consumption at power
plants this summer is accelerating the rebalancing of the U.S.
natural gas market.
Read more
plants this summer is accelerating the rebalancing of the U.S.
natural gas market.
Read more
Saturday, August 6, 2016
EDF to take legal action over union's claims about Hinkley Point
PARIS, Aug 6 (Reuters) - EDF Chairman and CEO
Jean-Bernard Levy had no prior knowledge of Britain's decision
to review the Hinkley Point nuclear project and will sue a
French union for suggesting otherwise, the French utility said.
Read more
Jean-Bernard Levy had no prior knowledge of Britain's decision
to review the Hinkley Point nuclear project and will sue a
French union for suggesting otherwise, the French utility said.
Read more
UPDATE 1-Tropical Storm Earl moves inland over southeastern Mexico
Aug 6 (Reuters) - Tropical Depression Earl was expected to
dissipate over Mexico later on Saturday after it was downgraded
from a tropical storm, the U.S. National Hurricane Center said.
Read more
dissipate over Mexico later on Saturday after it was downgraded
from a tropical storm, the U.S. National Hurricane Center said.
Read more
UPDATE 3-Fire under control in Iran gas pipeline blast - company official
ANKARA/ DUBAI, Aug 6 (Reuters) - A fire from a gas pipeline
explosion in Iran early on Saturday near the town of Gonaveh in
the southern province of Bushehr, has been brought under control
and did not cause any fatalities, the news agency of the
country's oil ministry said on Saturday.
Read more
explosion in Iran early on Saturday near the town of Gonaveh in
the southern province of Bushehr, has been brought under control
and did not cause any fatalities, the news agency of the
country's oil ministry said on Saturday.
Read more
Tropical Storm Earl moves inland over southeastern Mexico
Aug 6 (Reuters) - Tropical Storm Earl moved inland early on
Saturday over southeastern Mexico where torrential rains could
produce deadly flash floods and mudslides, the U.S. National
Hurricane Center said.
Read more
Saturday over southeastern Mexico where torrential rains could
produce deadly flash floods and mudslides, the U.S. National
Hurricane Center said.
Read more
Friday, August 5, 2016
Blast in Iran gas pipeline not sabotage, under control - state TV
Aug 6 (Reuters) - Part of a gas pipeline near the Iranian
town of Gonaveh exploded early on Saturday, a local official
told state TV, adding that it was not an act of sabotage.
Read more
town of Gonaveh exploded early on Saturday, a local official
told state TV, adding that it was not an act of sabotage.
Read more
UPDATE 1-U.S. oil drillers add rigs for 6th week in a row - Baker Hughes
Aug 5 (Reuters) - U.S. drillers this week added oil rigs for
a sixth consecutive week, according to a closely followed report
on Friday, despite crude prices falling to April lows below $40
a barrel this week.
Read more
a sixth consecutive week, according to a closely followed report
on Friday, despite crude prices falling to April lows below $40
a barrel this week.
Read more
GLOBAL LNG-Prices slide as Russian supply, weak demand loosen market
MILAN, Aug 5 (Reuters) - Asian spot liquefied natural gas
(LNG) prices fell this week as new supply from Russia's Sakhalin
plant and weakening demand from Egypt helped snap a months-long
rally.
Read more
(LNG) prices fell this week as new supply from Russia's Sakhalin
plant and weakening demand from Egypt helped snap a months-long
rally.
Read more
Indigenous tribe applauds state move to cancel Brazil Amazon dam
RIO DE JANEIRO, Aug 5 (Thomson Reuters Foundation) -
I ndigenous people living in Brazil's rainforest have welcomed a
decision by the national environment agency to cancel a proposed
mega-dam in the Amazon which they say would have displaced
communities while opening the sensitive region to logging.
Read more
I ndigenous people living in Brazil's rainforest have welcomed a
decision by the national environment agency to cancel a proposed
mega-dam in the Amazon which they say would have displaced
communities while opening the sensitive region to logging.
Read more
Colombia's coffee growers, reeling from drought, brace for La Niña rains
PLANADAS, Colombia, Aug 5 (Reuters) - Jairo Ciro is just
getting back on his feet after more than a third of his coffee
crop withered earlier this year because of Colombia's
devastating El Niño drought.
Read more
getting back on his feet after more than a third of his coffee
crop withered earlier this year because of Colombia's
devastating El Niño drought.
Read more
UPDATE 1-Share rout at Spain's OHL turns up heat on indebted owner
* GVM says in process of changing loans backed by OHL shares
(Recasts to focus on Villar Mir's dealing with OHL, updates
shares and with CFO comments)
Read more
(Recasts to focus on Villar Mir's dealing with OHL, updates
shares and with CFO comments)
Read more
Tropical storm Earl moves along Mexico's Gulf coast
MEXICO CITY, Aug 5 (Reuters) - Tropical storm Earl moved
along Mexico's Gulf coast on Friday, dumping large amounts of
rain in southern states after battering Belize, the U.S.
National Hurricane Center said.
Read more
along Mexico's Gulf coast on Friday, dumping large amounts of
rain in southern states after battering Belize, the U.S.
National Hurricane Center said.
Read more
Turkey imposes import tax on thermal coal for power generation
LONDON, Aug 5 (Reuters) - Turkey imposed a tax this week on
imports of thermal coal from Colombia, Russia and other major
exporters, for use in power generation, to support domestic coal
production.
Read more
imports of thermal coal from Colombia, Russia and other major
exporters, for use in power generation, to support domestic coal
production.
Read more
RPT-Egypt's solar power upset clouds outlook for foreign investors
CAIRO, Aug 4 (Reuters) - When Egypt announced plans to
develop renewable power in 2014, investors piled in, drawn by
year-round sunshine and chronic electricity shortages. Two years
on, many projects have stalled, hitting confidence among foreign
investors Egypt sorely needs.
Read more
develop renewable power in 2014, investors piled in, drawn by
year-round sunshine and chronic electricity shortages. Two years
on, many projects have stalled, hitting confidence among foreign
investors Egypt sorely needs.
Read more
COLUMN-Heatwave spurs record gas burn by U.S. power producers: Kemp
LONDON, Aug 5 (Reuters) - Record gas consumption at power
plants this summer is accelerating the rebalancing of the U.S.
natural gas market.
Read more
plants this summer is accelerating the rebalancing of the U.S.
natural gas market.
Read more
CORRECTED-Amazon dam opposed by tribes fails to get environmental license
BRASILIA, Aug 4 (Reuters) - Brazil's environmental regulator
Ibama decided on Thursday to shelve the environmental license
request for a hydroelectric dam on the Tapajos River in the
Amazon, a project that had been opposed by indigenous tribes and
conservation groups.
Read more
Ibama decided on Thursday to shelve the environmental license
request for a hydroelectric dam on the Tapajos River in the
Amazon, a project that had been opposed by indigenous tribes and
conservation groups.
Read more
Thursday, August 4, 2016
World Bank approves new safeguards criticized by some NGOs
WASHINGTON, Aug 4 (Reuters) - The World Bank approved new
rules on Thursday that aim to expand protections for people and
the environment in projects financed by the bank while making it
easier for borrowers to comply with its standards.
Read more
rules on Thursday that aim to expand protections for people and
the environment in projects financed by the bank while making it
easier for borrowers to comply with its standards.
Read more
Germany's new electric car discount scheme draws nearly 2,000 applicants
BERLIN, Aug 4 (Reuters) - Nearly 2,000 people in Germany
have applied for the government's electric car discount scheme,
introduced on July 1, and a third of them are buyers of BMW
models, a government agency said on Thursday.
Read more
have applied for the government's electric car discount scheme,
introduced on July 1, and a third of them are buyers of BMW
models, a government agency said on Thursday.
Read more
Brazil Eletronuclear CEO gets 43-year sentence for corruption -paper
SAO PAULO, Aug 4 (Reuters) - Othon Luiz Pinheiro da Silva,
the former chief executive of Brazil's nuclear power company
Eletronuclear, was sentenced to serve 43 years in prison by a
Rio de Janeiro judge late on Wednesday, the Valor Economico
newspaper reported.
Read more
the former chief executive of Brazil's nuclear power company
Eletronuclear, was sentenced to serve 43 years in prison by a
Rio de Janeiro judge late on Wednesday, the Valor Economico
newspaper reported.
Read more
Egypt's solar power upset clouds outlook for foreign investors
CAIRO, Aug 4 (Reuters) - When Egypt announced plans to
develop renewable power in 2014, investors piled in, drawn by
year-round sunshine and chronic electricity shortages. Two years
on, many projects have stalled, hitting confidence among foreign
investors Egypt sorely needs.
Read more
develop renewable power in 2014, investors piled in, drawn by
year-round sunshine and chronic electricity shortages. Two years
on, many projects have stalled, hitting confidence among foreign
investors Egypt sorely needs.
Read more
UPDATE 2-Duke Energy targets deal for overseas assets by year-end
Aug 4 (Reuters) - Duke Energy Corp reported a
higher-than-expected quarterly profit, helped by strength in its
regulated power business, and said it was working with selected
bidders to sell its international assets.
Read more
higher-than-expected quarterly profit, helped by strength in its
regulated power business, and said it was working with selected
bidders to sell its international assets.
Read more
EUROPE POWER-Wind decline, tighter nuclear boost prompt
FRANKFURT, Aug 4 (Reuters) - European prompt power prices
rose on Thursday as previously high wind output receded and
thermal plants' availability was lower than expected.
Read more
rose on Thursday as previously high wind output receded and
thermal plants' availability was lower than expected.
Read more
UPDATE 1-Storm Earl lashes Belize with wind, rain, heads for Mexico
BELIZE CITY, Aug 4 (Reuters) - Tropical storm Earl whipped
Belize with wind and heavy rain as it weakened, moving into
Guatemala toward southeastern Mexico on Thursday after hundreds
of people took shelter overnight.
Read more
Belize with wind and heavy rain as it weakened, moving into
Guatemala toward southeastern Mexico on Thursday after hundreds
of people took shelter overnight.
Read more
Plans for UK infrastructure fund worry local authorities
LONDON, Aug 4 (Reuters) - A British government plan to
overhaul how local authorities invest their workers' pension
money is meeting opposition from some trustees worried they will
be forced to accept low returns for funding new roads, railways
and other capital projects.
Read more
overhaul how local authorities invest their workers' pension
money is meeting opposition from some trustees worried they will
be forced to accept low returns for funding new roads, railways
and other capital projects.
Read more
AFRICA-BUSINESS-Africa battles to get big solar projects on grid
SANTHIOU MEKHE, Senegal, Aug 4 (Reuters) - In an expanse of
sand 60 miles (100 km) north of Senegal's capital, two men set
to work digging up tree stumps to clear space for what could
soon be the biggest solar plant in West Africa.
Read more
sand 60 miles (100 km) north of Senegal's capital, two men set
to work digging up tree stumps to clear space for what could
soon be the biggest solar plant in West Africa.
Read more
Power company Duke Energy's profit falls on impairment charge
Aug 4 (Reuters) - Duke Energy Corp, the biggest U.S.
power company by generation capacity, reported a 6.3 percent
fall in quarterly profit, hurt by an impairment charge related
to certain assets in Central America.
Read more
power company by generation capacity, reported a 6.3 percent
fall in quarterly profit, hurt by an impairment charge related
to certain assets in Central America.
Read more
REFILE-NHC says Earl weakening as it moves farther inland over Belize
Aug 4 (Reuters) - Hurricane Earl is forecast to weaken to a
tropical storm later Thursday morning and to a tropical
depression by Friday morning as it moves farther inland over
Belize, the U.S. National Hurricane Center (NHC) said on
Thursday.
Read more
tropical storm later Thursday morning and to a tropical
depression by Friday morning as it moves farther inland over
Belize, the U.S. National Hurricane Center (NHC) said on
Thursday.
Read more
Portugal's competition authority investigates EDP, Sonae
LISBON, Aug 4 (Reuters) - Portugal's competition authority
has launched an investigation into an agreement between Energias
de Portugal (EDP) and the Sonae group relating
to sales of electricity, gas and food products.
Read more
has launched an investigation into an agreement between Energias
de Portugal (EDP) and the Sonae group relating
to sales of electricity, gas and food products.
Read more
British PM May promises to help small businesses navigate Brexit
LONDON, Aug 4 (Reuters) - British Prime Minister Theresa May
will tell small business owners on Thursday that she wants to
help them take advantage of the opportunities provided by
Britain's vote to leave the European Union.
Read more
will tell small business owners on Thursday that she wants to
help them take advantage of the opportunities provided by
Britain's vote to leave the European Union.
Read more
Wednesday, August 3, 2016
Argentine court rejects electricity tariff hikes
BUENOS AIRES, Aug 3 (Reuters) - An Argentine court upheld a
ruling by a lower circuit to block government-proposed hikes in
electricity tariffs, local media reported late Wednesday, a
ruling that could complicate the state's bid to reduce
Argentina's fiscal deficit.
Read more
ruling by a lower circuit to block government-proposed hikes in
electricity tariffs, local media reported late Wednesday, a
ruling that could complicate the state's bid to reduce
Argentina's fiscal deficit.
Read more
Australian and New Zealand shares follow Wall Street higher
SYDNEY/WELLINGTON, Aug 4 (Reuters) - Australian shares rose
on Thursday, taking a lead from Wall Street and defying
weaker-than-expected retail sales numbers, while New Zealand
shares edged higher.
Read more
on Thursday, taking a lead from Wall Street and defying
weaker-than-expected retail sales numbers, while New Zealand
shares edged higher.
Read more
Storm Earl becomes a hurricane off Belize - hurricane center
Aug 3 (Reuters) - Tropical Storm Earl strengthened into a
hurricane off the coast of Belize on Wednesday, the U.S.
National Hurricane Center (NHC) said.
Read more
hurricane off the coast of Belize on Wednesday, the U.S.
National Hurricane Center (NHC) said.
Read more
Most water tests safe after Canada oil spill, but no all-clear
Aug 3 (Reuters) - Out of 900 water samples tested from a
major Canadian river polluted by an oil spill last month, five
exceeded drinking water guidelines, officials said on Wednesday,
cautioning it was unclear when the river would be safe to drink
from again.
Read more
major Canadian river polluted by an oil spill last month, five
exceeded drinking water guidelines, officials said on Wednesday,
cautioning it was unclear when the river would be safe to drink
from again.
Read more
UPDATE 1-First Solar's profit, sales beat estimates; shares rise
Aug 3 (Reuters) - First Solar Inc, the largest U.S.
solar equipment manufacturer, reported better-than-expected
profit and sales due to higher demand for its modules and sale
of stake in its Kingbird project.
Read more
solar equipment manufacturer, reported better-than-expected
profit and sales due to higher demand for its modules and sale
of stake in its Kingbird project.
Read more
UPDATE 1-Storm Earl pounds Honduran coast, bears down on Belize
BELIZE CITY, Aug 3 (Reuters) - Tropical Storm Earl dumped
heavy rains on the coast of Honduras as it barreled toward
Belize, where it is expected to hit the coast as a hurricane on
Wednesday night or early Thursday, the U.S. National Hurricane
Center (NHC) said.
Read more
heavy rains on the coast of Honduras as it barreled toward
Belize, where it is expected to hit the coast as a hurricane on
Wednesday night or early Thursday, the U.S. National Hurricane
Center (NHC) said.
Read more
Tropical Storm Earl almost a hurricane- NHC
Aug 3 (Reuters) - Tropical Storm Earl has almost become a
hurricane, the U.S. National Hurricane Center (NHC) said on
Wednesday adding that hurricane warnings have been issued for
the Bay Islands of Honduras.
Read more
hurricane, the U.S. National Hurricane Center (NHC) said on
Wednesday adding that hurricane warnings have been issued for
the Bay Islands of Honduras.
Read more
Noble Energy reports bigger loss, raises 2016 sales vol forecast
Aug 3 (Reuters) - U.S. oil and gas producer Noble Energy Inc
reported a bigger quarterly loss due to weak oil prices,
but raised its full-year forecast for sales volume.
Read more
reported a bigger quarterly loss due to weak oil prices,
but raised its full-year forecast for sales volume.
Read more
UPDATE 1-Noble Energy raises 2016 sales volume forecast
Aug 3 (Reuters) - U.S. oil and gas producer Noble Energy Inc
reported a smaller-than-expected quarterly loss and
raised its full-year forecast for total sales volume as it
benefits from improved drilling efficiency.
Read more
reported a smaller-than-expected quarterly loss and
raised its full-year forecast for total sales volume as it
benefits from improved drilling efficiency.
Read more
One in five company bonds bought by ECB yielded less than zero
FRANKFURT, Aug 3 (Reuters) - One in five company bonds
bought by the European Central Bank since June yielded less than
zero, the ECB said on Wednesday, raising questions about whether
the bank risks fuelling a market bubble and will need to slow
the pace of its purchases.
Read more
bought by the European Central Bank since June yielded less than
zero, the ECB said on Wednesday, raising questions about whether
the bank risks fuelling a market bubble and will need to slow
the pace of its purchases.
Read more
Debt, high price threaten Celg-D privatization auction
SAO PAULO, Aug 2 (Reuters) - Investors eyeing Brazil's
auction to privatize state-owned utility Celg-D said its heavy
debt and the high minimum price could jeopardize the Aug. 19
sale.
Read more
auction to privatize state-owned utility Celg-D said its heavy
debt and the high minimum price could jeopardize the Aug. 19
sale.
Read more
Tuesday, August 2, 2016
UPDATE 1-Strike to cost Air France about 90 mln euros-CEO
PARIS, Aug 2 (Reuters) - A week-long strike by cabin crew at
Air France would cost the airline about 90 million
euros ($100 million), Air France CEO Frederic Cagey told France
Info radio on Tuesday.
Read more
Air France would cost the airline about 90 million
euros ($100 million), Air France CEO Frederic Cagey told France
Info radio on Tuesday.
Read more
UPDATE 1-White House directs federal agencies to consider climate change
WASHINGTON, Aug 2 (Reuters) - U.S. federal agencies should
disclose whether their actions and decisions will have an impact
on climate change, the White House announced on Tuesday.
Read more
disclose whether their actions and decisions will have an impact
on climate change, the White House announced on Tuesday.
Read more
White House directs federal agencies to consider climate change impacts
WASHINGTON, Aug 2 (Reuters) - U.S. federal agencies will be
required to disclose whether their actions and decisions will
have an impact on climate change, the White House announced
Tuesday.
Read more
required to disclose whether their actions and decisions will
have an impact on climate change, the White House announced
Tuesday.
Read more
UPDATE 1-PM May resurrects industrial policy as Britain prepares for Brexit
LONDON, Aug 2 (Reuters) - Prime Minister Theresa May on
Tuesday kickstarted her bid to reshape the British economy for a
post-Brexit world, reviving the once unfashionable concept of
industrial policy 30 years after Margaret Thatcher killed it
off.
Read more
Tuesday kickstarted her bid to reshape the British economy for a
post-Brexit world, reviving the once unfashionable concept of
industrial policy 30 years after Margaret Thatcher killed it
off.
Read more
UPDATE 1-Britain's lights could go out if Hinkley Point ditched - Labour contender
LONDON, Aug 2 (Reuters) - Britain should get on with
approving the $24 billion Hinkley Point nuclear power project
otherwise the world's fifth-largest economy could face power
shortages in the future, said the man seeking to lead Britain's
opposition Labour Party.
Read more
approving the $24 billion Hinkley Point nuclear power project
otherwise the world's fifth-largest economy could face power
shortages in the future, said the man seeking to lead Britain's
opposition Labour Party.
Read more
Hershey, Alphabet spell another big day of bonds
NEW YORK, Aug 2 (IFR) - Chocolate-maker Hershey and Google's
parent company Alphabet spearheaded another deluge of deals in
the US high-grade bond market Tuesday as companies seize the day
to raise fresh cash.
Read more
parent company Alphabet spearheaded another deluge of deals in
the US high-grade bond market Tuesday as companies seize the day
to raise fresh cash.
Read more
Britain says considering Hinkley Point carefully, needs nuclear as part of energy mix
LONDON, Aug 2 (Reuters) - Britain said on Tuesday it was
carefully considering all parts of the Hinkley Point nuclear
power project and that the economy needed a secure energy supply
with nuclear as an important part of the mix.
Read more
carefully considering all parts of the Hinkley Point nuclear
power project and that the economy needed a secure energy supply
with nuclear as an important part of the mix.
Read more
Sinopec to sell stake in gas pipeline business under reform push
BEIJING, Aug 2 (Reuters) - China's Sinopec Corp
said on Tuesday it would sell half of its premium natural gas
pipeline business to investors, a move spurred by Beijing's
reform push to boost efficiency and increase infrastructure
investment in cleaner fuel.
Read more
said on Tuesday it would sell half of its premium natural gas
pipeline business to investors, a move spurred by Beijing's
reform push to boost efficiency and increase infrastructure
investment in cleaner fuel.
Read more
Britain's lights could go out if Hinkley Point ditched - Labour contender
LONDON, Aug 2 (Reuters) - Britain should get on with
approving the $24 billion Hinkley Point nuclear power project
otherwise the world's fifth-largest economy could face power
shortages in the future, said the man seeking to lead Britain's
opposition Labour Party.
Read more
approving the $24 billion Hinkley Point nuclear power project
otherwise the world's fifth-largest economy could face power
shortages in the future, said the man seeking to lead Britain's
opposition Labour Party.
Read more
PM May resurrects industrial policy as Britain prepares for Brexit
LONDON, Aug 2 (Reuters) - Prime Minister Theresa May will on
Tuesday outline her bid to reshape the British economy for a
post-Brexit world, reviving the once unfashionable concept of
industrial policy 30 years after Margaret Thatcher killed it
off.
Read more
Tuesday outline her bid to reshape the British economy for a
post-Brexit world, reviving the once unfashionable concept of
industrial policy 30 years after Margaret Thatcher killed it
off.
Read more
Monday, August 1, 2016
Brazil's Cemig hires Itau BBA for capitalization of Gasmig -filing
SAO PAULO, Aug 1 (Reuters) - Brazilian utility Companhia
Energética de Minas Gerais SA the hired investment
bank unit of Itau Unibanco Holding SA, Itau BBA, as
adviser for its gas unit Gasmig, the company said in a
securities filing on Monday.
Read more
Energética de Minas Gerais SA the hired investment
bank unit of Itau Unibanco Holding SA, Itau BBA, as
adviser for its gas unit Gasmig, the company said in a
securities filing on Monday.
Read more
UPDATE 1-Williams Cos plans to go it alone after ETE deal collapse
NEW YORK, Aug 1 (Reuters) - Pipeline company Williams Cos
Inc on Monday laid out plans to move forward as a
standalone company and invest $1.7 billion in its master limited
partnership, Williams Partners, in the wake of the
breakup of its more than $20 billion takeover by Energy Transfer
Equity LP.
Read more
Inc on Monday laid out plans to move forward as a
standalone company and invest $1.7 billion in its master limited
partnership, Williams Partners, in the wake of the
breakup of its more than $20 billion takeover by Energy Transfer
Equity LP.
Read more
More than half of Husky oil spill in Canada recovered -officials
Aug 1 (Reuters) - About half of the oil that leaked from a
Husky Energy Inc pipeline into a western Canadian river
more than a week ago has been recovered, but there is no
immediate deadline for when the cleanup will conclude, officials
said on Monday.
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Husky Energy Inc pipeline into a western Canadian river
more than a week ago has been recovered, but there is no
immediate deadline for when the cleanup will conclude, officials
said on Monday.
Read more
Williams plans to go forward on its own after ETE deal collapse
NEW YORK, Aug 1 (Reuters) - Pipeline company Williams Cos
Inc on Monday laid out plans to move forward as a
standalone company and invest $1.7 billion in its master limited
partnership, Williams Partners, in the wake of the
breakup of its more than $20 billion takeover by rival Energy
Transfer Equity LP in June.
Read more
Inc on Monday laid out plans to move forward as a
standalone company and invest $1.7 billion in its master limited
partnership, Williams Partners, in the wake of the
breakup of its more than $20 billion takeover by rival Energy
Transfer Equity LP in June.
Read more
UPDATE 1-N.Y. regulators approve clean energy standard with nuclear subsidies
Aug 1 (Reuters) - New York state energy regulators on Monday
approved a plan to pay several upstate nuclear power plants up
to $965 million over two years to keep the reactors in service
and meet the state's carbon reduction goals.
Read more
approved a plan to pay several upstate nuclear power plants up
to $965 million over two years to keep the reactors in service
and meet the state's carbon reduction goals.
Read more
N.Y. regulators approve clean energy standard with nuclear subsidies
Aug 1 (Reuters) - New York energy regulators on Monday
approved a plan to pay several upstate nuclear power plants up
to $965 million over two years to keep the reactors in service
and meet the state's carbon reduction goals.
Read more
approved a plan to pay several upstate nuclear power plants up
to $965 million over two years to keep the reactors in service
and meet the state's carbon reduction goals.
Read more
UAE's Utico doubling water capacity with $185 mln investment
ABU DHABI, Aug 1 (Reuters) - The United Arab Emirates' only
privately owned utility, Utico Middle East, will invest about
$185 million to more than double its water desalination capacity
in two years, aiming to chip away at state-owned rivals' market
dominance, it said on Monday.
Read more
privately owned utility, Utico Middle East, will invest about
$185 million to more than double its water desalination capacity
in two years, aiming to chip away at state-owned rivals' market
dominance, it said on Monday.
Read more
GLOBAL LNG-Prices edge up, Argentina tenders, Gorgon output resumes
MILAN, Aug 1 (Reuters) - Asian spot liquefied natural gas
(LNG) prices edged up last week on fresh demand from Argentina
as supply remained tight and traders covered short positions,
but falling crude oil prices may mark a turning point in a
months-long gas rally.
Read more
(LNG) prices edged up last week on fresh demand from Argentina
as supply remained tight and traders covered short positions,
but falling crude oil prices may mark a turning point in a
months-long gas rally.
Read more
Britain continues to seek closer ties with China despite nuclear deal delay
LONDON, Aug 1 (Reuters) - Britain will continue to seek a
stronger relationship with China, a spokeswoman for Prime
Minister Theresa May said on Monday following the decision last
week to delay approval of a partly Chinese-funded nuclear
reactor project.
Read more
stronger relationship with China, a spokeswoman for Prime
Minister Theresa May said on Monday following the decision last
week to delay approval of a partly Chinese-funded nuclear
reactor project.
Read more
UPDATE 2-Veolia sees foreign deals boosting revenue, no Brexit fear
* Major international deals to boost H2 revenue
(Adds detail on new revenue, M&A activity, share price)
Read more
(Adds detail on new revenue, M&A activity, share price)
Read more
UPDATE 1-China calls for British nuclear project to proceed
BEIJING, Aug 1 (Reuters) - China on Monday called for
Britain to proceed with a nuclear power plant project partly
invested in by a Chinese firm, saying the project had firm
support from London, after Britain's new government said it
would review it again.
Read more
Britain to proceed with a nuclear power plant project partly
invested in by a Chinese firm, saying the project had firm
support from London, after Britain's new government said it
would review it again.
Read more
Australia shares hit near 1-yr peak on RBA easing hopes
SYDNEY/WELLINGTON, Aug 1 (Reuters) - Australian shares
rallied to a near one-year peak on Monday, with gains across the
board as growing speculation of a rate cut by the Reserve Bank
of Australia (RBA) kept investors bullish in the lead-up to
earnings season.
Read more
rallied to a near one-year peak on Monday, with gains across the
board as growing speculation of a rate cut by the Reserve Bank
of Australia (RBA) kept investors bullish in the lead-up to
earnings season.
Read more
India govt seeks parliament's approval for $15.4 bln extra spending
NEW DELHI, Aug 1 (Reuters) - The Indian government on Monday
sought parliament's approval to spend an extra 1.03 trillion
rupees ($15.43 billion) in the fiscal year ending in March 2017.
Read more
sought parliament's approval to spend an extra 1.03 trillion
rupees ($15.43 billion) in the fiscal year ending in March 2017.
Read more
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