A Microsoft Data Plant in Wyoming uses fuel cells and anaerobic digesters for zero-carbon power.» Read More
But a Reuters investigation found in 2012 that coal companies were using affiliated brokers to settle royalty payments on exports to Asia at much lower domestic prices. The findings prompted Senator Ron Wyden, a Democrat from Oregon, to call on the U.S. Interior Department early last year to investigate the practice. While that review continues, the U.S. Office...
After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...
LONDON, Oct 8- Record low inflation expectations are reinforcing a two-year-old rally in euro zone bonds as they keep alive bets on further monetary easing despite signals from the European Central Bank that it's in no hurry to do more. Bonds sold off last week after ECB President Mario Draghi gave no hint that a big programme of sovereign bond buying, known as...
*Republicans plan to force a vote if they win Senate. The $10 billion Keystone project to connect Canadian oil sands with U.S. refineries will top the list of Republican energy priorities if they gain control of the Senate after the Nov. 4 midterm elections.
WASHINGTON, Sept 29- The U.S. Supreme Court on Monday had a change of heart and dismissed a case it had previously agreed to hear on whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed.
*Medicaid expansion key part of Obama's healthcare reform. Up to a dozen states, including several led by Republicans, could move forward with plans to expand coverage under Medicaid after the November elections. Texas Governor Rick Perry once said expanding Medicaid would be similar to "adding a thousand people to the Titanic."
BRUSSELS, Sept 22- The European Central Bank stands ready to use additional unconventional tools if needed to spur inflation and growth in the euro zone, ECB President Mario Draghi said on Monday. Such quantitative easing, or QE, would face strong resistance in Germany.
Sept 16- Bill Barrett Corp said it would exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado, and also sell some natural gas assets in the state.
Sept 16- Bill Barrett Corp said it would exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado, and also sell some natural gas assets in the state in transactions valued at $757 million.
Citigroup, Credit Suisse and RBC Capital Markets are the underwriters for the IPO, the Texas- based company said in a filing to the U.S. Securities and Exchange Commission. Energy& Exploration set a nominal fundraising target of about $400 million.
NEW YORK, Sept 9- Brent crude oil prices fell to a 17- month low below $100 per barrel in volatile trade on Tuesday, a fourth straight daily decline as ample supplies weighed, while U.S. crude rose on the expectation of dwindling fuel stockpiles.
NEW YORK, Sept 9- Brent crude oil prices fell below $100 per barrel in volatile trade on Tuesday, a fourth straight daily decline as ample supplies weighed, while U.S. crude rose on the expectation of dwindling fuel stockpiles.
NEW YORK, Sept 9- Brent crude oil prices fell back below $100 per barrel on Tuesday in a fourth straight daily decline, as ample supplies weighed, while U.S. crude rose on the expectation of dwindling fuel stockpiles.
Charles Plosser continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy.
Sept 6- Charles Plosser, president of the Philadelphia Federal Reserve Bank and the loan dissenter at the Fed's July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on interest rate policy to reflect an improving economy and pave the way for a faster-than expected-interest rate hike.
*Most dealers see first rate hike in Q2 2015. *8 of 15 dealers see Fed ending bond investment in 2016. NEW YORK, Sept 5- A majority of Wall Street's top bond firms see the Federal Reserve starting to raise interest rates by the second quarter of next year, showing slightly more aggressive expectations compared with a month ago, a Reuters survey showed on Friday.
NEW YORK, Sept 4- The euro hit fresh 14- month lows against the U.S. dollar and nearly two-year lows against the Swiss franc on Thursday after the European Central Bank cut interest rates and said it would launch an asset purchase program to ward off deflation.
*Jackson Hole speech increases QE expectations. LONDON, Sept 4- Euro zone bond yields dipped on Thursday as the European Central Bank was expected to reinforce its message that it was ready to use all its tools, including bond-buying, to support the economy and lift inflation.
*Portugal bond sale first since bailing out BES. LONDON, Sept 3- Portugal successfully sold on Wednesday its first bond since it bailed out Banco Espirito Santo, with expectations of more monetary stimulus from the ECB spurring yield-hungry investors to snap up the 15- year paper.
NEW YORK, Sept 2- U.S. "There is a little bit more of a reality check of what that actually would look like, how you would implement it, and then down the road how you would exit from that," said George Rusnak, managing director of global fixed income for Wells Fargo Private Bank in Princeton, New Jersey, in reference to the potential ECB stimulus.