Energy Update
(Recasts with comments from committee) By Megan Davies NEW YORK, Jan 12 (Reuters) - Puerto Rico could face widespread blackouts if its power utility, PREPA, runs out of cash, the company's chief restructuring officer told a congressional panel on Tuesday, arguing that the utility needs access to federal bankruptcy law to help close a deal to restructure its debt.
BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into oilfield services provider Halliburton's planned purchase of its smaller rival Baker Hughes.
BRUSSELS, Jan 12 (Reuters) - The European Commission said on Tuesday it had launched an in-depth investigation into Halliburton's planned purchase of its oilfield services rival Baker Hughes.
WASHINGTON, Jan 12 (Reuters) - The U.S. Department of Homeland Security said on Tuesday it was helping Ukrainian authorities investigate an apparent attack last month on the country's power grid that caused a blackout for 80,000 customers of western Ukraine's Prykarpattyaoblenergo utility.
KHARTOUM, Jan 12 (Reuters) - When Saudi Arabia executed a leading Shi'ite cleric and protesters responded by torching the Saudi embassy in Tehran, Sudan was one of only three countries to sever ties with Iran in solidarity with Riyadh.
The European Investment Bank is considering to finance an extension to a geothermal plant in southwestern Kenya, lending 72 million euros ($78 million).
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