FRANKFURT (Reuters) – Electrical grids in Europe succeeded in managing the unprecedented disruption to solar power from Friday’s 2-1/2-hour eclipse that brought sudden, massive drops in supply. Germany, Europe’s leading economy and boasting the world’s biggest... More »
UNITED NATIONS (Thomson Reuters Foundation) – It’s time to go “from climate change to climate action” in efforts to save the planet, U.S. pop star Pharrell Williams said at the United Nations on Friday. Singer-producer Williams, 41, partnered with the United N... More »
DUBAI (Reuters) – Two pilots attempting the first flight around the world in a solar-powered plane began the maiden leg of their voyage on Monday, the mission’s official website said. Solar Impulse 2 took off from Abu Dhabi in the United Arab Emirates en route... More »
WESTERWIJTWERD, Netherlands (Reuters) – Dutch church bells that for centuries have tolled to warn of floods across the low-lying countryside are sounding the alarm for a new threat: earthquakes linked to Europe’s largest natural gas field. “Money can buy a lot... More »
NEW DELHI (Reuters) – India may slash its food and fuel subsidy bill by about $8 billion in next week’s budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra M... More »
ROME (Thomson Reuters Foundation) – Despite a scientific consensus that human activity is causing the planet to warm up, ingrained attitudes among Americans mean policy changes on global warming are unlikely, academics said in a new study. Improving dialogue b... More »
NEW ORLEANS (Reuters) – BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. BP said its fine should be m... More »
CAPE CANAVERAL, Fla. (Reuters) – Last year was Earth’s hottest on record in new evidence that people are disrupting the climate by burning fossil fuels that release greenhouse gases into the air, two U.S. government agencies said on Friday. The White House sai... More »
BEIJING (Reuters) – China’s economy showed further signs of fatigue in November, with factory growth slowing more than expected and investment expansion hovering near a 13-year low, putting pressure on policymakers to unveil stronger stimulus measures. A delug... More »
LIMA (Reuters) – U.S. Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline. “Coal and oil may... More »
SANTIAGO (Reuters) – Italian utility Enel SpA (ENEI.MI ) wants to simplify its Latin American operations and focus on electricity distribution and renewable energy as it increases investment in the region’s growing markets, its chief executive said on Thursday... More »
NEW YORK (Reuters) – The Republican takeover of the U.S. Senate on Tuesday could lead to new legislative measures that directly effect the energy sector and other slices of the equities market. Republican Senate candidates picked up formerly Democratic seats i... More »
OSLO (Reuters) – Wind power is blowing gas and coal-fired turbines out of business in the Nordic countries, and the effects will be felt across the Baltic region as the renewable glut erodes utility margins for thermal power stations. Fossil power plants in Fi... More »
WASHINGTON (Reuters) – Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.... More »
WASHINGTON (Reuters) – Advocates of a global infrastructure push foresee hundreds of billions of dollars of efficiently managed projects springing up across developed and developing nations alike, putting the unemployed to work while paving the way for stronge... More »
NEW YORK (Reuters) – General Electric Co (GE.N ) said on Thursday it was on track to generate more than $1 billion in revenue this year from its industrial data-analysis business, and plans to make its software platform broadly available next year. GE is makin... More »
FRANKFURT (Reuters) – Industrial conglomerate Siemens AG (SIEGn.DE ) said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc (DRC.N ) for $7.6 billion in a move that would significantly boost the German company’s oil and gas business i... More »
HONG KONG/BEIJING (Reuters) – State-controlled oil giant Sinopec Corp (0386.HK ) on Sunday unveiled a plan to sell a $17.5 billion stake in its retail business, marking the country’s biggest privatization push since President Xi Jinping came to power almost tw... More »
TOKYO (Reuters) – Japanese trading house Mitsui & Co (8031.T ) may miss the current year’s profit target of $1.1 billion for its metals business due to the slump in iron ore, warned a senior executive, who said prices may fall to as low as $80 a tonne before r... More »
NEW YORK (Reuters) – U.S. policymakers should gradually lift the country’s decades-old ban on crude oil exports because allowing the shipments would make the global energy system and fuel prices more stable, the head of Royal Dutch Shell Plc (RDSa.L ) said on ... More »
LONDON (Reuters) – British and Finnish scientists have found a way of generating renewable propane using a bacterium widely found in the human intestine and say the finding is a step to commercial production of a fuel that could one day be an alternative to fo... More »
NEW YORK (Reuters) – Beaten-down U.S. coal company stocks may receive a lift in coming weeks if deteriorating relations between Russia and the West push President Vladimir Putin to shut off Europe’s natural gas supply. The crisis in eastern Ukraine has embolde... More »
JOHANNESBURG (Reuters) – U.S. planemaker Boeing has teamed up with South African Airways to develop jet fuel from a tobacco plant as part of efforts to cut carbon emissions and promote green energy in Africa’s most advanced economy. The jet fuel will be made f... More »
TOKYO (Reuters) – If Masayoshi Son, the billionaire founder and CEO of SoftBank Corp needs a fresh strategy to fend off a surprise French counterbid for a prized U.S. telecoms target, he could do worse than ask budding entrepreneurs at the SoftBank Academia. H... More »
WASHINGTON (Reuters) – President Barack Obama said corporate America has done well under his economic policies, telling the Economist magazine that chief executive officers should stop complaining about regulations and show greater social responsibility. “If y... More »
BEIJING (Reuters) – China’s Commerce Ministry castigated the United States on Monday for setting new import duties on Chinese solar products, saying Washington’s actions risked damaging the industry in both countries. The U.S. Commerce Department on Friday pla... More »
BEIJING/HONG KONG (Reuters) – PetroChina is reconsidering a plan to auction off its multi-billion dollar natural gas pipeline unit, and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told Reuters.... More »
(Reuters) – Momentum is building toward a deal that would make painful losses inevitable for investors holding about $20 billion in bonds issued by Puerto Rico’s highway, water and electricity authorities even as some big U.S. mutual funds launch a legal battl... More »
MEXICO CITY/NEW YORK (Reuters) – Preliminary findings of a probe by Citigroup’s Mexican unit, Banamex, into how it lost more than $500 million in a corporate loan fraud differ markedly from the results of a separate investigation by the Mexican banking regulat... More »
