Wednesday, November 30, 2016

California seeks long-term water savings as drought lingers

SACRAMENTO, Calif., Nov 30 (Reuters) - California water

regulators on Wednesday recommended tighter oversight of

agricultural irrigation and a permanent ban on over-watering

urban lawns, a first step toward developing a long-term

conservation plan amid ongoing drought.

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Paladin Energy, lenders in talks as uranium mine stake sale stalls

MELBOURNE, Dec 1 (Reuters) - Uranium miner Paladin Energy

said on Thursday it is talking to its bondholders and

others to shore up its finances as a planned sale of a stake in

its main mine to a Chinese state-owned firm has been delayed.

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Europe's power market reform a boon for struggling utilities

PARIS, Nov 30 (Reuters) - European utilities welcomed

long-awaited power market reform proposals on Wednesday, hoping

a framework to subsidise fossil fuel plants and plans to wind

down a key support for renewable energy could turn the page on

years of crisis.

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Biofuel producers blast EU for slashing crop-based fuel use

PARIS, Nov 30 (Reuters) - European biofuel producers said a

proposal by Brussels to nearly halve the level of crop-based

biofuel used in the European Union by 2030 was a U-turn in

policy that would threaten jobs and boost animal feed and crude

oil imports.

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UPDATE 1-EU unveils power market reform to boost renewables

* Aims for greater EU grid cooperation, price convergence

(Updates with formal presentation of draft law, reaction)

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Shell studies green energy deals to prepare for future after oil

LONDON, Nov 30 (Reuters) - Royal Dutch Shell, the

world's second-biggest publicly listed oil company, is studying

acquisitions in the green energy sector, its CEO told Reuters,

as it bows to shareholder demands for a strategy beyond fossil

fuels.

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UPDATE 1-Innogy CEO promises no M&A "surprises" for shareholders

* Trump's election doesn't change renewable business

(Adds additional comments on liquidity, U.S.)

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