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  • Drought slows down fracking     Friday, 21 Mar 2014 | 11:55 AM ET

    CNBC's Jane Wells takes a look at how the drought across the western part of the country is impacting the oil industry.

  • California drought could drain $8B, spike prices Friday, 21 Mar 2014 | 9:59 AM ET
    A dog hangs around an abandoned farmhouse on February 6, 2014 near Bakersfield, California. Now in its third straight year of unprecedented drought, California is experiencing its driest year on record, dating back 119 years and possible the worst in the past 500 years.

    California's drought may leave nearly a million acres of idle land this year because of a lack of water, a report said on Friday.

  • *Nigeria needs huge gas consumption to fix power blackouts. *Nigeria has world's ninth largest gas reserves. "Most people are still only here for the oil, yet Nigeria is sitting on a gas canister," said an oil industry executive.

  • *Mining output to rise in Australia, Colombia, South Africa. "As global output is now set to expand, we believe the supply overhang will persist and revise our forecast for Newcastle coal lower to $74 per tonne as an average for 2014, down from $82 per tonne previously," Bank of America Merrill Lynch said in a research note on Thursday.

  • *Sees higher shipments, margins in 2014 as China contributes less. *Says has 1 GW worth of power plant projects across China. A recovery in solar panel prices after a four year slump has helped Yingli's rivals such as Trina Solar Ltd, JA Solar Holdings Co Ltd post profits in recent quarters, while JinkoSolar Holding Co Ltd posted a profit last August.

  • The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel. Coal output is also concentrated in the north and east of India, while power demand growth is more toward the south and west.

  • *83 senators say Iran has no right to enrich uranium. WASHINGTON, March 18- As talks on a nuclear deal for Iran resumed in Vienna Tuesday, a wide majority of U.S. senators urged President Barack Obama to insist that any final agreement state that Iran "has no inherent right to enrichment under the Nuclear Non-Proliferation Treaty."

  • WASHINGTON, March 18- A majority of U.S. senators on Tuesday urged President Barack Obama to insist a final agreement on Iran's nuclear program contains a measure to prevent Tehran from ever having a path to nuclear weapons, as talks on the deal resumed in Vienna.

  • *Sees higher shipments, margins in 2014 as China contributes less. *Says has 1 GW worth of power plant projects across China. A recovery in solar panel prices after a four year slump has helped Yingli's rivals such as Trina Solar Ltd, JA Solar Holdings Co Ltd post profits in recent quarters, while JinkoSolar Holding Co Ltd posted a profit last August.

  • FRANKFURT, March 17- German utility company RWE is to sell its oil and gas unit DEA to investors led by Russia's second-richest man Mikhail Fridman, giving up a profitable part of its business in a bid to emerge from a deep energy industry crisis.

  • JOHANNESBURG, March 16- On paper, South Africa's long-term energy plans look solid, with coal, nuclear, gas and renewables all viable options. But none are likely to prevent potentially crippling future power crunches in Africa's biggest economy unless a decision is made soon on when and how to add capacity to the grid.

  • NEW YORK, March 14- Power producers' coal ash disposal ponds like the one that leaked toxic sludge into a North Carolina river in February may soon become a thing of the past. At least 30,000 tons of arsenic-laced coal ash were released into North Carolina's Dan River in early February when a pipe broke under Duke Energy Corp's 27- acre ash pond.

  • Saboteurs could black out entire US: Report Thursday, 13 Mar 2014 | 9:36 AM ET
    Cars are blurred as they pass by a darkened Flatiron Building in a section of Manhattan still in a blackout following Hurricane Sandy on October 30, 2012 in New York City.

    The federal study found that if saboteurs attacked just nine substations, the country's power network could collapse. The Wall Street Journal reports.

  • *Genesis offer to open March 29 after bookbuild. WELLINGTON, March 13- New Zealand is seeking to raise as much as NZ $800 million through the sale of a minority stake in power company Genesis Energy Ltd, setting a low price range and offering other sweeteners to draw investors to the last of its state asset sales.

  • LIMA, March 12- Peru is talking with Brazilian construction giant OAS about resuming construction on a $4 billion hydroelectric plant that has been stalled since 2011 because of local opposition, an official said on Wednesday. An OAS representative in Peru said by telephone that the company did not have any comment.

  • Fire breaks out in upper Manhattan, 2 dead     Wednesday, 12 Mar 2014 | 1:18 PM ET

    CNBC's Tyler Mathisen reports a large explosion rocked East Harlem Wednesday, where a fire broke out seconds later.

  • LONDON, March 10- Owners and operators of high-voltage transmission lines and substations must identify critical facilities and implement a security plan to protect them from physical attack, the U.S. Federal Energy Regulatory Commission ordered on Friday.

  • MOSCOW, March 8- Rosatom, Russia's state energy corporation, said on Saturday it would resume nuclear fuel shipments to Europe via Ukraine after Kiev lifted a ban imposed during anti-government protests earlier this year on transporting the hazardous material.

  • LONDON, March 6- South African power utility Eskom declared a stage three power emergency on Thursday, implementing a programme of rolling blackouts to reduce demand and stabilise the grid.

  • March 5- Canadian Solar Inc forecast weaker-than-expected revenue for the first quarter and blamed severe winter in North America for delays in construction of power plants, sending its shares down 10 percent.

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