Energy Update
WASHINGTON, Jan 29 (Reuters) - The two U.S. Senators representing California said on Friday they will propose a federal task force to investigate the cause and response to the massive natural gas leak near Los Angeles.
RIO DE JANEIRO, Jan 29 (Reuters) - Oil and gas fields already paid for and in production can sustain Brazilian state-run company Petroleo Brasileiro SA for two to three years of low prices, a board member for the firm told reporters on Friday.
If the world is serious about halting the worst effects of global warming, the renewable energy industry will require $12.1 trillion of investment over the next quarter century, or about 75 percent more than current projections show for its growth.
Jan 29 (Reuters) - Chevron Corp reported its first quarterly loss in more than 13 years on Friday despite Wall Street's expectations for a profit, as plunging oil prices eroded profitability across all its divisions.
LONDON, Jan 29 (Reuters) - Saudi Arabia has successfully defended its share of the U.S.
As you may have noticed in the stories around the launch of the Great Green Fleet, it is a complex maze of relationships when it comes to a technology benefitting from mandates like the Renewable Fuel Standard and the California’s Low Carbon Fuel Standard and various carbon taxes and tax credits.
COLOMBO, Jan 29 (Reuters) - Sri Lanka's president announced on Friday a $40 billion mega-development project to build a new city over the next 15 years in a push to attract more foreign investment to the Indian Ocean island nation.
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