Utilities
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BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
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SALT LAKE CITY-- After four years of negotiations, Utah Gov. Gary Herbert on Wednesday rejected an agreement with Nevada that would allow Las Vegas to pump massive amounts of groundwater from the states' shared border.
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BANGKOK, April 4- The annual maintenance shutdown of gas fields in Myanmar doesn't normally make headlines in Thailand, but this year shows the failure of Thai electricity generation to keep up with economic growth.
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DENVER-- Authorities are investigating after construction crews discovered a problem with a liquid gas pipeline that allowed a carcinogen to seep into the ground near a large creek that feeds into the Colorado River. "It's possible that we've narrowly dodged a bullet this time," said Michael Saul, with the National Wildlife Federation.
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BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments.
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Gary Herbert said Thursday he was struggling over whether to let Las Vegas pump massive amounts of groundwater from the Nevada- Utah border. The water comes from an ice-age aquifer under 120- mile-long Snake Valley, which supports ranching and farming on both sides of the Utah- Nevada border.
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*Deal should help German company grow outside Europe. *Batista lost about $20 bln of his fortune last year. SAO PAULO, March 28- Eike Batista, who lost the title of Brazil's richest man as his fortune shrank by two-thirds in the past year, agreed to sell a stake in power company MPX Energia SA to Germany's E.ON SE for about 2.1 billion reais.
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State-owned China Machinery Engineering Corporation completed the second phase of the Omotosho power plant in southwest Nigeria last month, taking total output from 375 megawatts to 500 MW.
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FRANKFURT/ AMSTERDAM, March 27- Dutch nuclear reactor Borssele has been given permission to operate up to 2033, though the approval can still be contested, Dutch and German stakeholders said on Wednesday. Started in 1973, the 500 megawatt plant is one of the oldest reactors in Europe.
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*Gazprom agrees to Serbian gas price cut. On regional exchanges, Czech and Slovak day ahead jumped nearly 21 percent to 49.59 euros per megawatt hour while Hungarian prompt power rose nearly 22 percent to 50.53 euros as the unseasonable cold weather was forecast to last at least through the weekend.
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DENVER-- Colorado's largest water utility is poised to declare a Stage 2 drought, meaning mandatory watering restrictions would kick in Monday. Denver Water's board intends to make the declaration Wednesday.
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CARLTON, Wis.-- Layoffs from the shutdown of Dominion Resources Inc.' s Kewaunee Power Station in eastern Wisconsin are scheduled to start at the end of May. The Wisconsin Department of Workforce Development says it received notice that a series of layoffs at the nuclear plant will begin May 31.
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I came to PG&E because I didn't want anyone to go through what those families went through in San Bruno. " Stavropoulos added that PG&E can now assure federal regulators that the communities served by PG&E are aware of crucial gas safety information.
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*Prices jumped above 100 pence earlier in morning. The price of gas for Thursday delivery rose 1.25 pence to 99 pence per therm, due to high demand caused by cold weather and gas for immediate delivery rose 0.25 pence to 98.75 pence.
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BRUSSELS, March 27- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Spanish infrastructure group Ferrovial to buy British utility services company Enterprise Plc.
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*Spot price for Thursday eases to 46.3 euros/ MWh. OSLO, March 27- Nordic power prices for delivery in the second quarter inched up on Wednesday to the highest levels since last December as dry weather kept the water supply low for hydropower generation. was trading at 41.60 euros per megawatt-hour by 1100 GMT, 5 cents higher than the previous day.
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LONDON, March 27- EDF Energy took offline its 640 megawatt Torness 2 nuclear reactor in Scotland following an unplanned outage, the operator said on Tuesday.
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BRUSSELS, March 26- The head of Italy's largest power company, Enel, said European Union governments should stop subsidising renewable energy to relieve pressure on utilities struggling with economic weakness.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
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LONDON, March 26- Britain spelled out its aims for nuclear power on Tuesday, committing funds to a sector it expects to create 40,000 jobs while lowering the country's carbon emissions and its reliance on costly energy imports.
Energy
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Brent crude fell in the wake of U.S. jobs data that fanned new concerns about demand.
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The U.S. is vastly increasing its production and replacing OPEC crude with that from oil sands in Canada, adding urgency to Saudi Arabia's efforts to invest in a Texas refinery, The New York Times reports.
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CNBC's Melissa Lee and the Fast Money traders discuss the day's top trades and the stocks they'll be watching tomorrow.