LONDON (Reuters) – As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is a red flag for some investors. Ten years ago, the world’s top energy comp... More »
MILAN/FRANKFURT (Reuters) – When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to k... 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 »
KATHMANDU (Reuters) – Nepal has joined hands with China to offer internet services to its citizens, officials said on Friday, ending India’s decades-long monopoly of the Himalayan nation’s cyber connectivity network. For years, Nepal depended on Indian telecom... More »
FILE PHOTO: U.S. President Donald Trump delivers a speech on tax reform legislation at the White House in Washington, U.S., December 13, 2017. REUTERS/Carlos Barria (Reuters) – Republicans in the Senate and House of Representatives are expected to vote within ... More »
(Reuters) – Canada Pension Plan Investment Board (CPPIB) and Brazil’s Votorantim Group’s energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said. The wind parks will have a combined ... More »
A view of the Euphrates river during sunset in Raqqa province, Syria May 15, 2013. REUTERS/Hamid Khatib/File Photo The United Nations is warning of catastrophic flooding in Syria from the Tabqa dam, which is at risk from high water levels, deliberate sabotage ... 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 »
PORTLAND, Ore. The U.S. federal government has killed more than 1,000 seabirds on an Oregon island since May to protect endangered salmon as part of a plan that environmentalists say is flawed and are seeking to stop with a lawsuit. So far, 1,221 adult cormora... More »
