Energy Update
U.S. Geothermal Inc. recently said that it has reached a key milestone in the development of the WGP Geysers project with the completion of a large generator interconnection agreement (LGIA) for the WGP Geysers geothermal project with the California Independent System Operator (CAISO) and Pacific Gas & Electric.
VIENNA, March 22 (Reuters) - The chief executive of Austrian oil and gas group OMV and Austria's finance minister will visit St. Petersburg on April 1, an OMV spokesman said, as the company seeks to reach a deal on an asset swap with Russia's Gazprom.
WASHINGTON, March 22(Reuters) - The Supreme Court on Tuesday sided with an Alaska moose hunter who asserted that the federal government overstepped its authority in banning hovercraft on National Park Service land in the northernmost U.S.
Shenzhen, China's high-tech boomtown, sprung a surprise on its 12 million-plus residents this week. Construction has begun on three giant, state-of-the-art incinerators to handle the heaving tide of trash that the city tosses out daily. One of the mega-burners -- resembling an American-style football dome -- will be the world's largest waste-to-energy plant when it opens in 2018.
LONDON, March 22 (Reuters) - The doubling of Anglo American's share price since late January means the time could be ripe for a rights issue rather than an asset fire sale to boost its defences against tumbling commodity prices, fund managers say.
LONDON/TOKYO, March 22 (Reuters) - Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to officials involved in the initiative.
March 22 (Reuters) - Asset manager Fiera Capital Corp and Aquila Infrastructure Management Inc have formed a joint venture with an initial capital of about C$500 million ($382 million) to invest in infrastructure projects.
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