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Ambani's $20 bln bet on TV, telecoms may rekindle wealthy brothers' rivalry

MUMBAI, March 8 (Reuters) - India's richest man, Mukesh Ambani, is muscling into the country's cable TV sector as part of a media and telecoms offensive that pits him against his once-estranged younger brother and threatens to shake up both industries.

South Korean Grid Will Soon Boast World’s Largest Energy Storage System

On March 8, Kolkam Co announced that it had deployed two battery energy storage systems powered by nickel manganese cobalt oxide in South Korea. The company installed a larger 24-MW / 9-MWh system and a 16 MW / 6 MWh system both of which will perform frequency regulation for Korea Electric Power Corporation (KEPCO). The company said that 24 MW / 9 MWh system is the largest capacity Lithium NMC ESS used for frequency regulation in the world.

Oklahoma expands plan to curtail earthquakes in state

OKLAHOMA CITY, March 7 (Reuters) - Oklahoma's oil and gas regulator released an expanded plan on Monday that will curtail wastewater injection volumes and well depth to deal with the state's increasingly frequent earthquakes.

Brazil’s hydro capacity to grow by more than 5,000 MW in 2016

Brazil’s Ministerio de Minas e Energia states in its latest power sector bulletin that installed generating capacity in the country is forecast to grow by 7,739 MW, with 65% of that growth coming from hydro plants.

Oregon Legislature Passes 50 Percent Renewable Portfolio Standard

The Oregon House and Senate last week passed a bill requiring PacifiCorp and Portland General Electric (PGE) to obtain from renewables 50 percent of the electricity they supply their customers by 2040. The bill also sets a timetable for eliminating coal-fired electric power in the state.

UPDATE 1-Second-biggest U.S. shale output drop seen for April -EIA

NEW YORK, March 7 (Reuters) - U.S. shale oil production in April is expected to chalk up the second-largest monthly decline on record, and the sixth straight monthly decrease, a U.S.

Amazonian tribe in Peru takes hostages after oil spill

LIMA, March 7 (Reuters) - An indigenous community in the Peruvian Amazon took at least eight public officials hostage to demand help from the central government after an oil spill polluted its lands, authorities said Monday.

UPDATE 2-Latin American oil producers to meet in Quito on Friday -Ecuador gov't

QUITO, March 7 (Reuters) - Latin American oil producers - including main exporters Venezuela, Colombia, Ecuador and Mexico - agreed to meet on Friday in Quito to coordinate a strategy to staunch the crude price rout, the Ecuadorean government said.

Chesapeake's McClendon honored by thousands in Oklahoma ceremony

OKLAHOMA CITY, March 7 (Reuters) - Friends, family and employees of Aubrey McClendon paid their respects on Monday to the U.S.

Latin America oil exporters to meet in Quito on Friday -Ecuador gov't

QUITO, March 7 (Reuters) - Latin America's major oil exporters, including Venezuela, Colombia, Ecuador and Mexico, will meet in Quito on Friday to discuss global oil prices, the Ecuadorean government said on Monday.

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