Energy Update
The New Mexico House and Senate have passed a bill that, if signed by Gov. Susana Martinez, will encourage additional geothermal development in the state.
LONDON, Feb 23 (Reuters) - Natural gas only has a stopgap role in moving Britain to low-carbon energy until 2020 and will then be limited without carbon capture and storage (CCS) technology, a UK Energy Research Centre report said on Tuesday.
Researchers from the University of Texas at Arlington (UTA) have developed a one-step process to convert carbon dioxide and water directly into useable liquid hydrocarbon fuels.
HOUSTON, Feb 22 (Reuters) - Oil and gas pipeline and processing companies that borrowed vast amounts to grow when crude oil prices were much higher and U.S.
NEW YORK, Feb 22 (Reuters) - Despite a rally on Monday, bears are still in the driver's seat of the U.S. crude oil market, options data showed, leaving the market vulnerable to another leg down.
SINGAPORE, Feb 23 (Reuters) - China's emergence as a major oil product exporter is depressing oil refining margins across Asia as favourable domestic fuel policies encourage Chinese refiners to keep output high and flood regional markets with surplus supplies.
RIO DE JANEIRO, Feb 22 (Reuters) - A Brazilian judge blocked 500 million reais ($127 million) of assets of Samarco, a joint venture between Vale SA and BHP Billiton, to guarantee the clean up and repair of a town hit by a deadly flood caused by a burst tailings dam in November, local prosecutors said on Monday.
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