Energy Update
BRUSSELS, April 13 (Reuters) - European politicians advised
on Wednesday that the herbicide glyphosate should only be
approved for another seven years, rather than the 15 proposed by
the EU executive, and should not be used by the general public.
LONDON, April 7 (Reuters) - Renewable energy generation
capacity expanded by 8.3 percent last year to 1,985 gigawatts
globally, the fastest annual rate on record, data from the
International Renewable Energy Agency (IRENA) showed on
Thursday.
DUBAI, April 13 (Reuters) - Middle Eastern stock markets
rose on Wednesday, encouraged by an
overnight jump in oil prices which boosted Saudi Arabian
petrochemical shares in particular, and strength in Asian
bourses after strong Chinese trade data.
A Public Utilities Commission staff report has concluded that Hawaiian Electric Company acted too hastily when it canceled three Oahu solar projects earlier this year. The contract between SunEdiso...
VIENNA, April 13 (Reuters) - Hydropower-focused Austrian
utility Verbund expects to make profits in the coming
years despite a slump in wholesale electricity prices, although
it will reassess its dividend policy, finance chief Peter
Kollmann said on Wednesday.
By Guillermo Parra-Bernal and Tatiana Bautzer
SAO PAULO, April 13 (Reuters) - Brazil's harshest recession
in decades and deepening political turmoil are preventing buyers
and sellers from finalizing dozens of mergers and acquisitions
amid wide disagreements over valuations, according to
dealmakers.
Mergers in Latin America's biggest economy got off to their
worst start in more than a decade in the first quarter as
April 13 (Reuters) - Peabody Energy Corp, the
world's largest privately owned coal producer, filed for U.S.
bankruptcy protection on Wednesday in the wake of a sharp fall
in coal prices that left it unable to service a recent
debt-fueled expansion into Australia.
MANILA, April 13 (Reuters) - Defence officials from the
Philippines and Vietnam will meet this week to explore possible
joint exercises and navy patrols, military sources said, shoring
up a new alliance between states locked in maritime rows with
China.
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