Energy Update

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MONTERREY, Mexico, June 9 (Reuters) - Mexico's state oil
company Pemex will present to its board this week its first
possible deep-water tie-up with private firms, a long-awaited
landmark of Mexico's energy reform that opened the sector to
private investment, an energy ministry official said on
Thursday.

WASHINGTON, June 9 (Reuters) - The merger of pipeline
companies Energy Transfer Equity LP and Williams
Companies has been approved with conditions, the U.S.
Federal Trade Commission said on Thursday.

* Investors swap debt in distressed energy firms for public
shares

WASHINGTON, June 9 (Reuters) - The merger of pipeline
companies Energy Transfer Equity LP and Williams
Companies has been approved with conditions, the Federal
Trade Commission said on Thursday.

CROW AGENCY, Montana, June 9 (Thomson Reuters Foundation) -
A team of law students which recently descended on the Crow
Indian Reservation in the American West to help tribal members
write property wills, were cautioned in advance by their
professors to be culturally sensitive.

As someone with deep-seated solar-industry experience, I could hear the sighs of relief in the solar industry when the investment tax credit (ITC) extension passed the U.S. Congress on Dec. 13. The battle had been long, the outcome in doubt and the lobbying efforts Herculean. Given the odds stacked against the industry, the passage was nothing short of extraordinary.

The Geothermal Energy Association recently selected Enel Green Power North America for an environmental stewardship award for the Stillwater Hybrid project in Churchill County, Nevada.

BRASILIA, June 9 (Reuters) - Brazil has banned the local
unit of Swedish construction company Skanska AB from
doing government work for at least two years, having accused it
of involvement in a bribery and kickback scandal, the Ministry
of Transparency said on Thursday.

Almost without exception, European markets slipped while less mature markets across Latin America, Africa and Asia continued their ascent, revealed the latest edition of the EY Renewable Energy Country Attractiveness Index (RECAI) report. Emerging markets now represent half of the countries in the 40-strong index, including four African markets featuring in the top 30.

WASHINGTON, June 9 (Reuters) - A subsidiary of Marathon
Petroleum Corp will spend about $334.6 million on
pollution abatement at refineries in five states and pay a
$326,500 civil penalty, the Justice Department and Environmental
Protection Agency said on Thursday.

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