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  • Revenue loss due to CA drought to top $1 billion Thursday, 9 Jul 2015 | 1:28 PM ET
    The New Melones Lake reservoir east of Stockton, California.

    The economic impact of the California drought for 2015 is beginning to emerge. And the forecast doesn't look good.

  • *Appomattox project set to start production by end of decade. LONDON, July 1- Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water project economical despite low oil prices. The decision to pour billions of dollars into the Appomattox project comes as...

  • STOCKHOLM, June 23- Swedish fashion company Hennes& Mauritz is focusing on its ethical profile to drive long-term sales growth as shoppers become more interested in how clothes are produced as well as their environmental impact, its new sustainability chief said. The fashion industry has come under increasing pressure to cut water use and pesticides in...

  • Is big energy busting its own model? Tuesday, 23 Jun 2015 | 1:42 PM ET
    Cattle near Montevideo, Uruguay.

    When it comes to sustainable energy, big energy companies are challenging their own long-held business and technology models.

  • PARIS, June 18- Utility Energias de Portugal and its shareholder China Three Gorges have set up a joint venture to develop hydro-electric projects in South America and Africa, part of a partnership being watched across the industry as a model for Chinese investment in renewables abroad. The 50-50 joint venture, called Hydroglobal, is studying hydropower...

  • North Korea says drought worst in 100 years Wednesday, 17 Jun 2015 | 9:34 PM ET

    North Korea faces its worst drought in a century, state media say, raising food crisis fears in the impoverished nation. The Financial Times reports.

  • Global water supplies are in distress: Scientists Wednesday, 17 Jun 2015 | 1:36 AM ET
    Central Valley Aqueduct in California.

    More than a third of the world's biggest aquifers, a vital source of fresh water for millions, are "in distress" because of human consumption. The Financial Times reports.

  • LOS ANGELES, June 12- California's water board, facing a devastating four-year drought, on Friday curtailed some longstanding water rights for agriculture and other uses in Northern and Central California for the first time in nearly 40 years, officials said. The curtailment affects more than 100 so-called senior water rights holders, including farmers and...

  • LOS ANGELES, June 12- California's water board curtailed senior water rights on Friday in the state's Delta, San Joaquin and Sacramento regions due to drought in the first move of its kind during the current drought, officials said. The curtailment affects more than 100 senior water rights holders, with most of those located near the Sacramento River, the State...

  • *Hydropower key to China's climate talk pledges. BEIJING, June 7- China could be wasting enough hydroelectricity to power Britain and Germany for a year, depriving its smog-bound eastern regions of huge volumes of clean energy as a result of poor planning and weak grid infrastructure. An often controversial dam-building programme raised China's hydropower...

  • NEW YORK, June 5- The record California drought, now in its fourth year, is prompting fund managers to dive into the shares of water technology companies. Fund managers from T. Rowe Price, Janus, and Mairs& Power are among those that have increased their stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient...

  • The EPA also found risks to drinking water in formations where fracking occurred and where water supplies were scarce. But overall, the EPA saw little impact to water supplies from the thousands of fracking wells across the country. The draft study will give state regulators, local communities and companies "a critical resource to identify how best to protect...

  • EPA on fracking: No 'widespread' impact on water Thursday, 4 Jun 2015 | 1:29 PM ET
    Oil pumps wells Monterey Shale fracking

    The EPA said in a Thursday report that it found no evidence fracking has a "widespread" impact on drinking water.

  • In its review of data sources "available to the agency," the EPA study, requested by Congress, found specific instances where fracking affected water sources but found that they were small relative to the overall number of fracking sites around the United States. "EPA's draft assessment will give state regulators, tribes and local communities and industry...

  • In its review of data sources "available to the agency," the EPA study, requested by Congress, found specific instances where fracking affected water sources but found that they were small relative to the overall number of fracking sites around the United States. "EPA's draft assessment will give state regulators, tribes and local communities and industry...

  • In its review of data sources "available to the agency," the EPA study, requested by Congress, found specific instances where fracking affected water sources but found that they were small relative to the overall number of fracking sites around the United States. "EPA's draft assessment will give state regulators, tribes and local communities and industry...

  • VIENNA, June 3- Venezuela sought to open a new front in its months-long verbal assault on the U.S. shale oil industry on Wednesday, suggesting it posed a grave threat to water supplies. "This does not seem to raise any concerns among the governments promoting it or the companies involved," he told an OPEC seminar in Vienna attended by chief executives of some of the...

  • BERLIN, June 2- The impact of Brazil's protracted drought on EDP-Energias de Portugal's hydropower installations there could cut the utility's full-year core earnings by between 150 and 200 million euros, its chief executive said. Brazil, already hit by the severe drought last year, accounted for 17 percent of EDP's core earnings before interest, tax,...

  • BERLIN, June 2- The impact of Brazil's protracted drought on EDP-Energias de Portugal's hydropower installations there could cut the utility's full-year core earnings by between 150 and 200 million euros, its chief executive said. "Hopefully it will be less than that, the lower end of that range, or even below," Antonio Mexia told Reuters on the sidelines of the...

  • BRASILIA, May 30- Three workers died and three were injured in an accident at the construction site of the massive hydroelectric dam Belo Monte in northern Brazil, the builder said on Saturday. The likes of Hollywood director James Cameron and the Inter-American Court on Human Rights have said Belo Monte would displace indigenous people in the Amazon.