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Producing fields can sustain Petrobras for 2-3 years of low prices -board member

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.

Paris Climate Deal Seen Costing $12.1 Trillion Over 25 Years

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.

UPDATE 2-Germany seeks to calm Polish concerns over Nord Stream-2

* Poland says plan undermines EU solidarity, support for Kiev

UPDATE 2-Chevron posts first loss since 2002 on crude oil plunge

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.

COLUMN-How Saudi Arabia successfully defended its U.S. oil market share: Kemp

LONDON, Jan 29 (Reuters) - Saudi Arabia has successfully defended its share of the U.S.

How Carbon Prices, Fuel Mandates Work Together in Breaking Through a Fossil Fuel Monopoly

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.

Sri Lanka announces $40 bln mega-development project

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.

WRAPUP 1-Oil, gas extraction help boost Canada's economy in November

OTTAWA, Jan 29 (Reuters) - Canadian economic growth edged up in November on an increase in oil and gas extraction, as well as greater wholesale and retail trade but the modest improvement still pointed to a fourth quarter that was likely weak at best.

Russian finance ministry readies for fight with big oil over tax

MOSCOW, Jan 29 (Reuters) - Russian oil firms would have to pay more tax on some of their fields under reforms being prepared by the finance ministry, which is seeking to get more revenue into the budget, according to three officials and a draft of the plans seen by Reuters.

Bats and Wind Turbines: Moving Beyond Dracula

The wind industry is addressing bat-related risks from a number of different vantage points – some of which have been initiated voluntarily.

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