PRAGUE (Reuters) – Czech billionaire Daniel Kretinsky, owner of the energy holding group EPH with assets around Europe, said he had contracted the new coronavirus and had been working in isolation. He was quoted on Monday by Blesk and E15 newspapers, both part... More »
TOKYO (Reuters) – (This August 29 story has been corrected to say China National Offshore Oil Corp, not CNOOC Ltd, in paragraph three.) Japan imported its first cargo of liquefied natural gas (LNG) from China in July as utilities from the world’s biggest buyer... More »
SINGAPORE (Reuters) – Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday. Total capital expenditure in renewables will rise above $30 billion in the region ... More »
BERLIN (Reuters) – Germany’s phasing out of coal-fired power stations could be delayed beyond 2038 if the deadline creates problems for the security of electricity supply, a senior legislator in Chancellor Angela Merkel’s party said. The phase-out, proposed la... More »
BEIJING (Reuters) – China’s State Grid Corp [STGRD.UL] will invest 38.7 billion yuan ($5.66 billion) to build five pumped hydro storage plants across the country, in an effort to ease the stranded power system amid Beijing’s push to boost clean energy consumpt... More »
PARIS (Reuters) – The anti-government protests convulsing France will slow growth to close to a standstill in the final quarter, the central bank said on Monday, complicating President Emmanuel Macron’s task of finding concessions to placate the “yellow vest” ... More »
PARIS (Reuters) – French state-owned power group EDF said some padlocks had been stolen from its Flamanville nuclear power site, although EDF said there was no impact on the plant’s safety. EDF added in a statement on Monday that local police in Cherbourg, nor... More »
(Reuters) – Apple Inc (AAPL.O) on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in 43 countries. The iPhone maker also said n... More »
A U.S. congressional committee on Thursday set a Nov. 2 deadline for the Puerto Rico Electric Power Authority (PREPA) to provide information related to its $300 million contract with a small Montana firm to repair damage to the utility's infrastructure caused ... More »
Puerto Ricans still living largely in darkness 12 days after Hurricane Maria leveled their island reveled in small victories on Sunday in what promises to be a months-long slog back to some semblance of normal life. More »
Hurricane Irma took aim at heavily populated areas of central Florida on Monday as it carved a path of destruction through the state with high winds and storm surges that left millions without power, ripped roofs off homes and flooded city streets. More »
U.S. President Donald Trump called Hurricane Irma "some big monster" as it battered the Florida coast, saying he wanted to go to the state very soon and praising emergency officials for their efforts to protect people. More »
The French investigation into alleged emissions cheating by PSA Group (PEUP.PA) and other automakers found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday. More »
Texas on Monday edged toward recovery from the devastation of Hurricane Harvey as shipping channels, oil pipelines and refineries restarted some operations and authorities lifted an evacuation order for the area around a once-burning chemical plant. More »
The cost of electric vehicles (EVs) will fall to match those running on combustion engines by 2022, a key trigger that will mean by 2035 half of all passenger vehicles sold globally will be electric, according to the head of a top energy consultancy. More »
Bankrupt Texas utility Energy Future Holdings will abandon a deal to sell power transmission company Oncor to Warren Buffett's Berkshire Hathaway Inc (BRKa.N) for $9 billion and will accept a $9.45 billion bid for Oncor by Sempra Energy (SRE.N) instead, people... More »
Warren Buffett takes pride in naming his price to buy a company, and not paying a nickel more. But the largest U.S. natural gas distribution utility, an unyielding hedge fund, and a Delaware bankruptcy judge now present one of the biggest challenges to the bil... More »
BlackRock Inc's (BLK.N) largest mutual fund hiked its exposure to "select names" in energy as the sector has lagged this year, one of its portfolio managers said on Thursday. More »
Employees of customer support team of the Wnet internet provider work at the company’s headquarters in Kiev, Ukraine July 26, 2017. When the chief of Microsoft Ukraine switched jobs to work for President Petro Poroshenko, he found that everyone in the office u... More »
June 30, 2017 – A general view shows The Rhine Tower (Rheinturm) on the Rhine river in Duesseldorf. Water on the Rhine and Danube in Germany remains shallow and cargo vessels cannot sail fully loaded, traders said on Monday. More »
U.S. President Donald Trump waves as walks on the South Lawn of the White House upon his return to Washington, U.S., from the G20 Summit in Hamburg, July 8, 2017. REUTERS/Yuri Gripas U.S. President Donald Trump on Sunday backtracked on his push for a cyber sec... More »
South Australian Premier Jay Weatherill (R) listens to Tesla Chief Executive Officer Elon Musk speak during an official ceremony in Adelaide, Australia, July 7, 2017 to announce that Tesla will install the world’s largest grid-scale battery in the South Austra... More »
Cars pass through a new toll road Salatiga-Bawen section in Semarang, Central Java province, Indonesia June 15, 2017 in this photo taken by Antara Foto. Antara Foto/Aditya Pradana Putra via REUTERS Indonesian state firms aim to get big international pension fu... More »
FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files Canadian mergers and acquisitions rose about 13 percent to C$120.5 billion ($93.2 billion) in the first half of 2017,... More »
FILE PHOTO: A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo Ukrainian cyber police have blocked the second cyber attack against Ukraine, Ukrainian... More »
FILE PHOTO: The logo of the American company Westinghouse is pictured in Le Bourget, near Paris October 14, 2014. REUTERS/Benoit Tessier/File Photo The U.S. administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by ... More »
Department of Homeland Security emblem is pictured at the National Cybersecurity & Communications Integration Center (NCCIC) located just outside Washington in Arlington, Virginia September 24, 2010. REUTERS/Hyungwon Kang/File Photo The U.S government warned i... More »
FILE PHOTO: A message demanding money is seen on a monitor of a payment terminal at a branch of Ukraine’s state-owned bank Oschadbank after Ukrainian institutions were hit by a wave of cyber attacks, in Kiev, Ukraine, June 27, 2017. REUTERS/Valentyn Ogirenko U... More »
FILE PHOTO – Solar panels are seen in front of a natural gas power plant at the Tahoe-Reno Industrial Center in McCarran, Nevada, U.S. on September 16, 2014. REUTERS/Max Whittaker/File Photo U.S. solar companies Tesla Inc (TSLA.O) and Sunrun Inc (RUN.O) on Mon... More »
Chinese President Xi Jinping delivers his speech during the welcoming banquet for the Belt and Road Forum at the Great Hall of the People in Beijing, China May 14, 2017. REUTERS/Damir Sagolj Lin Wong More »
A map illustrating China’s silk road economic belt and the 21st century maritime silk road, or the so-called ”One Belt, One Road” megaproject, is displayed at the Asian Financial Forum in Hong Kong, China January 18, 2016. REUTERS/Bobby Yip When leaders of 28 ... More »
A general view shows a power plant under construction on the suburbs of Sevastopol, Crimea, February 9, 2017. Picture taken February 9, 2017. REUTERS/Anton Zverev Russia’s $1.3 billion plan to build two new power plants in Crimea aimed to show that Moscow coul... More »
A landslide caused by rains from Cyclone Debbie is shoveled off the main road between Napier and Taupo on New Zealand’s North Island, April 5, 2017. SNPA/Sarah Lord/via REUTERS Rescue workers used tractors and boats to evacuate thousands of people at the top o... More »
Greek Finance Minister Euclid Tsakalotos speaks during a news conference at the Ministry of Finance in Athens, Greece March 30, 2017. REUTERS/Alkis Konstantinidis Euro zone deputy finance ministers have recommended that Greek bailout review talks continue in A... More »
FILE PHOTO – Australia’s Prime Minister Malcolm Turnbull looks at his phone during House of Representatives Question Time in Parliament House, Canberra, Australia, November 9, 2016. AAP/Lukas Coch/via REUTERS/File Photo Australian Prime Minister Malcolm Turnbu... More »
The Senate confirmed Scott Pruitt to run the Environmental Protection Agency over the objections of Democrats and environmentalists worried he will gut the agency, as the administration readies executive orders to ease regulation on drillers and miners. REUTER... More »
Solar installers place solar panels on the roof of a residential home in Scripps Ranch, San Diego, California, U.S. October 14, 2016. REUTERS/Mike Blake Environmentally conscious investors are using their pocketbooks to protest President Donald Trump’s plans t... More »
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 28, 2016. REUTERS/Andrew Kelly Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman Sachs Group Inc to h... More »
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuc... More »
The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. Picture taken February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has delayed its earnings release, including details of a multi-billion charge related to... More »
An Alcoa aluminum plant in Alcoa, Tennessee, U.S. is seen in this April 8, 2014 file photo REUTERS/Wade Payne/File Photo Plans to provide government support to keep open a 30-year-old aluminum smelter in Australia owned by Alcoa (AA.N) have made “progress”, pa... More »
Greek Prime Minister Alexis Tsipras arrives at a European Union leaders summit in Brussels, Belgium October 21, 2016. REUTERS/Yves Herman Greece will continue talks with international creditors on fiscal and labor reforms, aiming to wrap up the second review o... More »
Donald Trump sits with U.S. Senator Jeff Sessions (R-AL) at Trump Tower in Manhattan, New York, U.S., October 7, 2016. REUTERS/Mike Segar/File Photo The main U.S. visa program for technology workers could face renewed scrutiny under President-elect Donald Trum... More »
A railway track lies damaged alongside State Highway One near Kaikoura on the upper east coast of New Zealand’s South Island following an earthquake, November 14, 2016. Sgt Sam Shepherd/Courtesy of Royal New Zealand Defence Force/Handout via REUTERS A powerful... More »
The Tamgak open air uranium mine is seen at Areva’s Somair uranium mining facility in Arlit, Niger, September 25, 2013. REUTERS/Joe Penney/File Photo The nuclear industry is gradually recovering from its post-Fukushima slump, but excess capacity keeps uranium ... More »
The John Amos coal-fired power plant is seen behind a home in Poca, West Virginia May 18, 2014. REUTERS/Robert Galbraith/File Photo The 27 states challenging Obama’s Clean Power Plan in court say the lower emissions levels it would impose are an undue burden. ... More »
Solar panels are shown on top of a Multifamily Affordable Solar Housing-funded (MASH) housing complex in National City, California, U.S. on November 19, 2015. REUTERS/Mike Blake/File Photo U.S. solar installations rose 43 percent in the second quarter, accordi... More »
Japan’s Prime Minister Shinzo Abe (L) and Kenya’s President Uhuru Kenyatta attend a news conference following bilateral talks at State House in Kenya’s capital Nairobi, August 28, 2016. REUTERS/Thomas Mukoya Japan will give Kenya 1 billion yen ($9.78 million) ... More »
By Greg Roumeliotis | NEW YORK NEW YORK U.S. water technology company Xylem Inc is nearing a deal to acquire Sensus USA Inc, a provider of advanced metering technologies to utilities, for around $1.7 billion, including debt, according to people familiar with t... More »
BEIJING The China-led Asian Infrastructure Investment Bank (AIIB) will be different from institutions like the World Bank because it has a greater understanding of the developing world’s needs, officials said on Sunday at its first annual meeting. Chinese Pres... More »
KABUL Thousands of demonstrators from Afghanistan’s Hazara minority marched in protest through Kabul on Monday saying that they are missing out on a multi-million dollar power transmission line, posing a major challenge to the government of President Ashraf Gh... More »
At an early 2015 investor conference, SunEdison’s then-chief financial officer, Brian Wuebbels, trumpeted the profit potential in the solar developer’s relationship with a venture it had recently spun off. SunEdison had established TerraForm Power Inc as a “yi... More »
MOSCOW Russia’s Onexim group, which manages the assets of tycoon Mikhail Prokhorov, said on Sunday that it was not in talks to sell its RBC media group and power generating company Quadra. Russian online news site gazeta.ru reported earlier on Sunday, citing s... More »
TOKYO The Japanese share market plunged 3 percent on Monday after a series of earthquakes measuring up to 7.3 magnitude struck a southern manufacturing hub, killing at least 42 people and forcing major companies to close factories. About 30,000 rescue workers ... More »
MILAN/LONDON Telecom Italia Chief Executive Marco Patuano officially resigned on Monday, confirming reports at the weekend he was on his way out as top shareholder Vivendi tightens its grip on the Italian phone group. Telecom Italia’s shares rose 4 percent, ad... More »
TOKYO Three former Tokyo Electric Power (Tepco) executives were indicted on Monday for failing to take safety measures to prevent the nuclear disaster at Fukushima Daiichi plant in 2011, a Tokyo District Court official said. The indictments, forced through by ... More »
TOKYO The Japanese government fund may reduce its stake in Tokyo Electric Power Co to below 50 percent in 2017 if the company achieves its goals including its first bond issuance in six years, the company’s president said. Tepco was saved from bankruptcy by th... More »
BEIJING China’s output of electric power and steel fell for the first time in decades in 2015, while coal production dropped for a second year in row, illustrating how a slowing economy and shift to consumer-led growth is hurting industrial consumers. China’s ... More »
LONDON Britain’s top court will decide on Wednesday whether to back U.S. Republican presidential front runner Donald Trump’s bid to stop wind farms being built near his luxury Scottish golf resort amid a growing spat with politicians in his mother’s homeland. ... More »
(This October 28 story has been corrected in 13th paragraph to fix 100 mph metric conversion to 160 kph from 60kph) By Joe McDonald and Phil Stewart EXCHANGE, Pa./WASHINGTON (Reuters) – A high-tech U.S. military blimp designed to detect a missile attack came l... More »
(Corrects fifth paragraph to delete reference to President Barack Obama acting by executive order) By Jeff Mason and Valerie Volcovici WASHINGTON (Reuters) – President Barack Obama challenged America and the world to step up efforts to fight global warming on ... More »
WASHINGTON President Barack Obama will unveil on Monday the final version of his plan to tackle greenhouse gases from coal-fired power plants, kicking off what is expected to be a tumultuous legal battle between federal environmental regulators and coal indust... More »
WASHINGTON The White House said it will launch the first ever rule on Monday to cut carbon emissions from power plants, a plan that opponents in the coal industry and their political allies will fight in the courts. In a fact sheet issued on Sunday, the White ... More »
ATHENS Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. Tsipras faces... More »
BERLIN German lawmakers gave their go-ahead on Friday for the euro zone to negotiate a third bailout for Greece, but a warning from Chancellor Angela Merkel that the alternative was chaos failed to prevent a hefty rebellion in her own party. The Bundestag, the... More »
BERLIN German lawmakers gave their go ahead on Friday for the euro zone to negotiate a third bailout for Greece, heeding a warning from Chancellor Angela Merkel that the alternative to a deal with Athens was chaos. The Bundestag lower house of parliament, whos... More »
WASHINGTON The U.S. Supreme Court on Monday ruled the Obama administration should have considered compliance cost when it decided to limit emissions of mercury and other hazardous air pollutants mainly from coal-fired power plants, a setback for the government... More »
