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Keeping the hope for more offshore power afloat with wind turbines

Norwegian oil company Statoil’s decision to build the first floating wind farm represents a carbon risk hedge in an area in which it can deploy its considerable offshore expertise. Ross McCracken explains.

EIA expands monthly reporting of crude oil production with new data on API gravity

(Tue, 01 Dec 2015) New data released yesterday by the U.S. Energy Information Administration shows that for the first nine months of 2015, most (50.8%) of the crude oil produced in the Lower 48 states were light oils with an API gravity above 40 degrees. The largest share of production was in the 40.1 to 45 degree API gravity range.

UPDATE 2-Crude oil prices remain weak ahead of OPEC meeting

* Dubai crude falls to lowest since Dec 2008 (Adds analyst comment, detail; updates prices)

UPDATE 1-Brazil sues BHP, Vale for $5 bln in damages for mine disaster

BRASILIA, Nov 30 (Reuters) - Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais ($5.2 billion) to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam.

Billionaire's Australia iron ore mine set to ship first cargo

* Outlook for iron ore mkt remains bleak as China demand slows

Brazil sues BHP, Vale for $5 bln in damages for mine disaster

BRASILIA, Nov 30 (Reuters) - Brazil filed a lawsuit on Monday against two of the world's largest mining companies for 20 billion Brazilian reais ($5.2 billion) to clean up what it says was its worst environmental disaster, caused by the collapse of a tailings dam.

White House says would veto House energy and infrastructure bill

WASHINGTON, Nov 30 (Reuters) - The White House said on Monday that President Barack Obama's advisers would recommend that he veto the North American Energy Security and Infrastructure Act of 2015 if it comes to his desk.

UK's Eden Project Goes Geothermal

Plans have been revealed for a new geothermal on-site heat and power project to be located at the UK’s Eden project in Cornwall.

Bill Gates plots a surprise attack on the energy sector

PARIS, Nov 30 (Reuters) - Bill Gates grows most animated when the talk turns to the "cool" new energy technologies that have yet to leave the lab.

Linde cuts 2017 profit forecast on weak industrial gases

* Also won't reach 2017 ROCE target of 11-12 pct, expects 9-10 pct

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