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  • COLUMN-Super-computers and the hunt for oil: Kemp Tuesday, 7 May 2013 | 12:02 AM ET

    By John Kemp LONDON, May 7- No one has ever seen an oil field. Typically buried thousands of feet below the surface, oil fields are like a sponge saturated with a mixture of oil, water and gas, rather than the underground cavern most people imagine when they think about oil and gas reservoirs.

  • OSLO, May 6- The Arctic ecosystem, already under pressure from record ice melts, faces another potential threat in the form of rapid acidification of the ocean, according to an international study published on Monday. Cold water absorbs carbon dioxide more readily than warm water, making the Arctic especially vulnerable.

  • *Spot power for Tues set at 40.93 euros/ MWh. for Tuesday delivery came out at 40.93 euros per megawatt-hour on the Nordic power exchange versus 43.74 euros for Monday. eased by 25 cents to 36 euros per MWh after 1200 GMT, hit by wetter weather forecasts.

  • BRASILIA, May 3- Amazon Indians on Friday refused to end their occupation of a building site that has partially paralyzed work on the world's third largest hydroelectric dam for two days.

  • May 2- When Superstorm Sandy hit the U.S. East Coast on Oct. 29, it inundated low-lying pump stations with silt and seawater at the sewage treatment plant in Sayerville, New Jersey.

  • WASHINGTON, May 1- U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an insurance specialist said on Wednesday as the debate over the cost of farm programs heats up again.

  • LONDON, May 1- Hydropower offers an effective way to balance grids that increasingly have to cope with variable renewable energy supply, and this may end the long lull in hydroelectric projects caused by economic and planning hurdles in developed countries.

  • LONDON, May 1- Eagle Ford in Texas is one of the fastest-growing shale oil and gas plays in the United States, but it is also in one of the driest parts of the country. Following a severe drought in 2011, concerns are mounting that oil and gas extraction is competing with irrigation for scarce water supplies.

  • By Mitra Taj and Teresa Cespedes. LIMA, May 1- Peru's mining minister is winning a crucial cabinet battle by swaying President Ollanta Humala to water down a law that gives indigenous groups more say over new mines and oil projects- and a deputy minister will likely resign in protest.

  • COLUMN-Droughts put U.S. energy supply in peril: Kemp Tuesday, 30 Apr 2013 | 11:55 AM ET

    Rising water consumption for hydraulic fracturing and production of biofuels, coupled with severe droughts in Texas in 2011 and across more than 60 percent of the continental United States in 2012, have propelled that link up the policymakers' agenda.

  • COLUMN-Droughts put U.S. energy supply in peril: Kemp Tuesday, 30 Apr 2013 | 11:55 AM ET

    Rising water consumption for hydraulic fracturing and production of biofuels, coupled with severe droughts in Texas in 2011 and across more than 60 percent of the continental United States in 2012, have propelled that link up the policymakers' agenda.

  • *Phillips 66 238,000 bpd Bayway refinery in New Jersey, which had been shut down for almost a month after the storm, made "some improvements" such as raising electrical equipment above ground to avoid water contact. *Hess Corp's 70,000 Port Reading refinery in New Jersey, also shut down after Sandy, has since closed down.

  • Fitch Ratings has affirmed Bank Ochrony Srodowiska's Long-Term Issuer Default Rating at' BBB' with a Stable Outlook. The Polish state controls BOS through the state-owned National Fund for Environment Protection and Water Management, which held a 57% stake in the bank at end-Q113.

  • LONDON/ WARSAW, April 30 Fitch Ratings has affirmed Bank Ochrony Srodowiska's Long-Term Issuer Default Rating at' BBB' with a Stable Outlook. The Polish state controls BOS through the state-owned National Fund for Environment Protection and Water Management, which held a 57% stake in the bank at end-Q113.

  • *Phillips 66 238,000 bpd Bayway refinery in New Jersey, which had been shut down for almost a month after the storm, made "some improvements" such as raising electrical equipment above ground to avoid water contact. *Hess Corp's 70,000 Port Reading refinery in New Jersey, also shut down after Sandy, has since closed down.

  • NextEra to sell its oil-fired power plants in Maine Tuesday, 30 Apr 2013 | 12:57 AM ET

    The company decided to sell the plants to reduce its exposure to merchant pricing and recognized a charge of roughly $41 million, NextEra said in its first quarter earnings release. Last month, NextEra sold 351 MW of hydropower assets in Maine and New Hampshire to a unit of Brookfield Renewable Energy Partners LP.

  • NextEra to sell its oil-fired power plants in Maine Tuesday, 30 Apr 2013 | 12:57 AM ET

    The company decided to sell the plants to reduce its exposure to merchant pricing and recognized a charge of roughly $41 million, NextEra said in its first quarter earnings release. Last month, NextEra sold 351 MW of hydropower assets in Maine and New Hampshire to a unit of Brookfield Renewable Energy Partners LP.

  • U.S. Army Corps reopens 2 Mississippi River locks Monday, 29 Apr 2013 | 1:27 PM ET

    CHICAGO, April 29- Two navigation locks on the Mississippi River reopened during the weekend as receding water allowed for barge navigation, the U.S. Army Corps of Engineers said on Monday. The Corps closed Lock 24 near Clarksville, Missouri, and Lock 25 near Winfield, Missouri, on April 20 as river levels surged following heavy rains across the U.S.

  • *Spot power for Tuesday set at 39.52 euros/ MWh. OSLO, April 29- Nordic spot power prices firmed slightly on an expected fall in wind power output, while a rise was partly offset by decreasing consumption and higher water inflows, Point Carbon analysts said.

  • A large scale open-pit mine in Alaska's unspoiled Bristol Bay region would destroy up to 90 miles of salmon and trout spawning streams, harm thousands of acres of wetlands that support fish and subject local waters to chemical spills and releases of untreated wastewater, the EPA report said.