Energy Update
MOSCOW, Jan 10 (Reuters) - It has defeated armies trying to
invade Russia in the past, and now the fabled Russian winter has
come to Moscow's rescue again, this time helping it comply with
a deal among world oil exporters on cutting output.
HELSINKI, Jan 10 (Reuters) - Finnish retailer Kesko Oyj
is allowed to walk away from the Fennovoima nuclear
project, an arbitration court ruled on Tuesday, prompting
questions over the Finnish-Russian project's funding and future
ownership.
The developers of the controversial 99.9-MW Glyn Rhonwy pumped-storage project have been granted licenses by Natural Resources Wales to empty water from a disused Welsh quarry.
MUMBAI/DHAKA, Jan 10 (Thomson Reuters Foundation) - Protests
against a power plant in Bangladesh and an industrial zone in
southern Sri Lanka highlight growing anger across South Asia at
big development projects which displace villagers, analysts and
activists said.
WASHINGTON, Jan 10 (Reuters) - Senior U.S. Republican and
Democratic senators will introduce legislation on Tuesday
seeking to impose a wide range of sanctions on Russia over its
cyber activities and actions in Syria and Ukraine.
Bankrupt clean-energy giant SunEdison Inc. is exiting its business in India by selling 1.7 GW of wind and solar farms to Greenko Energies Pvt., according to two executives with direct knowledge of the transaction.
SINGAPORE/MOSCOW, Jan 10 (Reuters) - Iraq plans to raise
crude exports from its southern port of Basra to an all-time
high in February, keeping exports high even as OPEC production
cuts take effect this month.
LONDON, Jan 10 (Reuters) - The Turkish lira plumbed new
record lows on Tuesday, weighed down by a weakening economy and
destabilising militant attacks, though other emerging markets
were lifted by encouraging Chinese data and a pause in the rise
of U.S. bond yields.
LONDON, Jan 10 (Reuters) - Britain's FTSE 100 share index
climbed to fresh record highs on Tuesday with UK retailers
gaining, while European blue chips failed to hold early gains,
with financials the biggest drag.
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