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South Korea plans to buy more Iranian condensate

SEOUL, March 2 (Reuters) - South Korea plans to boost imports of Iranian condensate this year, the country's trade and energy ministry said on Tuesday. "We will increase oil and natural gas imports from Iran, especially Iranian condensate," the ministry said in a statement. It added that the two countries would establish a payment system to facilitate smooth trade of crude and condensate between National Iranian Oil Company and South Korea's SK Energy and Hyundai Oil Bank. South Kor

UPDATE 2-Former Chesapeake CEO McClendon charged with bid-rigging of land leases

ATLANTA/WASHINGTON, March 1 (Reuters) - Aubrey McClendon, former chief executive officer of Chesapeake Energy Corp , was charged on Tuesday with conspiring to rig bids to buy oil and natural gas leases in Oklahoma, the Justice Department said.

Former Chesapeake CEO McClendon charged with bid-rigging of land leases

WASHINGTON, March 1 (Reuters) - Aubrey McClendon, former chief executive officer of Chesapeake Energy Corp, was charged on Tuesday with conspiring to rig bids to buy oil and natural gas leases in Oklahoma, the Justice Department said.

UPDATE 2-Samarco to pay at least $5 bln in Brazil dam spill deal - source

BRASILIA, March 1 (Reuters) - Samarco Mineracao SA will pay at least 20 billion reais ($5 billion) over 15 years as part of a deal reached with the Brazilian government to settle a lawsuit for damages caused by a deadly dam spill at a mine in November, a government source told Reuters on Tuesday.

Oklahoma's Hamm plunges on Forbes billionaires list in oil rout

March 1 (Reuters) - In the 16 months since Oklahoma oilman Harold Hamm dismissed OPEC as a "toothless tiger" because of growing U.S. energy independence, shares in his Oklahoma City-based Continental Resources Inc, a major shale oil driller, have fallen about 60 percent.

CORRECTED-U.S. NRC engineers urge fix for nuclear power stations

WASHINGTON, March 1 (Reuters) - A group of engineers within the U.S. nuclear power regulator is concerned that a design flaw in nearly all U.S. nuclear plants could endanger emergency core cooling systems.

GLOBAL MARKETS-Stocks surge, dollar rises after strong U.S. data

* Fed rate hike priced in by December (Updates to U.S. market close)

Samarco to pay at least $5 bln in Brazil dam spill deal - source

BRASILIA, March 1 (Reuters) - Samarco Mineracao SA will pay at least 20 billion reais ($5 billion) in 15 years as part of a deal with the Brazilian government to settle a lawsuit for damages caused by a deadly dam spill at a mine, a government source told Reuters on Tuesday.

UPDATE 4-Quebec seeks injunction to force Energy East pipeline review

MONTREAL, March 1 (Reuters) - Quebec on Tuesday filed a motion for an injunction to ensure TransCanada Corp's proposed Energy East oil pipeline complies with the Canadian province's environmental laws, another potential setback for the project.

Solar, Wind and Hydro Projects Added to the U.S. Grid in February 2016

Recent data released from Generation Hub shows that four renewable energy projects went into operation in February 2016. The 29-MW Cannelton Hydropower plant in Kentucky and the 22-MW Willow Island Hydropower plant in West Virginia both owned by American Municipal Power – Ohio (AMP) each went online in February.

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