Sarbjit Nahal of BofA Merrill Lynch says that within a few years, demand for water will exceed supply. He advises on how to invest in the sector.» Read More
April 16- Australia's greenhouse gas emissions fell 0.8 percent in 2013, according to government data, driven by lower electricity demand and a bigger share of renewables in the energy mix. Despite the cuts, Australia's emissions per capita stand at 23.2 tonnes, among the highest in the world and nearly four times more than China.
BERLIN— German utility company RWE said Tuesday it has started sending natural gas to Ukraine, a move that could support the country if Russia acts on its threat to cut off supplies because of a massive debt for past deliveries.
The lawsuit, filed on Monday afternoon, sought civil damages, a public apology and data from water quality testing in the past year from Lanzhou Veolia Water Co., a local unit of French firm Veolia Environment, according to the Modern Jinbao newspaper, citing Wu Tianying, one of the Lanzhou residents who filed the suit.
PRAGUE, April 14- The Czech Republic wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units and believes the European Union should be more supportive of atomic power, Industry Minister Jan Mladek said on Monday.
SATSUMASENDAI, Japan, April 14- On the main road leading from the Sendai nuclear plant in southern Japan, a construction crew is laying down asphalt to widen the evacuation route in the event of a future disaster.
TOKYO, April 11- Japan's Cabinet on Friday approved a new energy policy, reversing the previous government's plans to gradually mothball nuclear power plants following the 2011 Fukushima disaster.
U.S.-based Westinghouse Electric Co. and a consortium led by Russia's Atomstroyexport were bidding to build the reactors. The U.S. embassy is Prague said in a statement the U.S. government was "deeply disappointed" by the decision.
SAN FRANCISCO, April 9- California air regulators on Wednesday issued the first carbon offset credits for a forest protection project, credits that power companies and others large emitters can use to meet their compliance obligations under the state's greenhouse gas reduction program.
TOKYO, April 9- Since March 2011, Japan's government has focused on the cost of cleaning up after Fukushima, the worst nuclear accident since Chernobyl. While their reactors have been idled, Japan's nuclear plant operators have had to spend around $87 billion to burn replacement fossil fuels.
April 7- James River Coal Co filed for Chapter 11 bankruptcy protection after struggling with a steep drop in prices and demand for both thermal and steel-making coal. Coal companies have also been hit by President Barack Obama's push for stricter regulation of greenhouse gas emissions by the Environmental Protection Agency.
RICHMOND, Va.— James River Coal Co. says it has filed for Chapter 11 bankruptcy protection as part of its efforts to turn around its business. The Richmond, Va.- based company says it faces challenges from the weak economy, environmental regulations and competition from natural gas.
NISKAYUNA, New York, April 7- Carbon dioxide, used for years to force crude oil out of old wells, likely will not replace water in fracking anytime soon because of technical challenges and limited infrastructure, says General Electric Co, which is studying the issue under a $10 billion research program.
*Deal will also let Energen fund Permian basin drilling. *Energen shares up as much as 4 pct, Laclede falls as much as 3 pct. April 7- Energen Corp will sell its 150- year old natural gas utility Alabama Gas Corp to Laclede Group Inc for $1.28 billion in cash, helping it repay debt and fund drilling for oil and gas in the Permian basin.
BIRMINGHAM, Ala.— The Laclede Group Inc. is acquiring Alabama Gas Corp., the natural gas utility business of Energen, for about $1.28 billion in cash. For Energen Corp., the sale pushes it closer to becoming a pure exploration and production company. Energen shares added 17 cents to reach $81.69.
WASHINGTON— Wind farms, NASCAR tracks and filmmakers would keep their treasured tax breaks as part of an $85 billion package of temporary tax cuts passed by a key Senate committee. Some U.S. firms with foreign income would be winners, too, after Senate Finance Committee Chairman Ron Wyden backed off plans to significantly trim the package.
WASHINGTON, April 3- The U.S. Commodity Futures Trading Commission plans to ease its new swaps rules to help public power utilities using swaps to hedge price risk, the head of the derivatives regulator said on Thursday.
April 2- A plan being discussed to reorganize power company Energy Future Holdings Corp will all but wipe out the investments of owners KKR& Co, TPG Capital and Goldman Sachs Capital Partners, Bloomberg reported.
TOKYO, April 2- Japan's Kyushu Electric Power Co has become the second nuclear generator to seek state support this week as reactors across the country remain idled and industry losses mount three years after the Fukushima nuclear disaster.
*Japan's nuclear reliance could be as low as 10 pct. TOKYO, April 2- Three years after the Fukushima disaster prompted the closure of all Japan's nuclear reactors, Prime Minister Shinzo Abe is moving to revive nuclear power as a core part of the energy mix, but many of those idled reactors will never come back online.
SAN FRANCISCO, March 31- California residents and small businesses will receive a first-of-its-kind climate credit on their utility bills starting on Tuesday, as the state's ambitious greenhouse gas reduction program begins to affect the pocketbooks of average citizens.
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Brent crude advanced to $110 a barrel on Wednesday, as tensions mounted between Russia and Ukraine.
As Russia warns that Ukraine is on the verge of a civil war, here's a look at what could be in store for Ukraine - and what it means for the rest of the world.
Kevin Norrish, head of EMEA and Asia commodities research at Barclays, says the oil price has been relatively stable but investors have been kept "on edge" by the Ukraine crisis.