Energy Update
SHANGHAI, April 21 (Reuters) - The deadline for Baoding Tianwei Group to make an interest payment on a bond due on Tuesday passed without payment, a China bond clearinghouse official said, marking the first default by a state-owned firm.
SAO PAULO, Nov 30 (Reuters) - Murilo Ferreira quit as chairman of Brazil's Petroleo Brasileiro SA, the state-controlled oil company said on Monday, without disclosing the reason for his decision.
PARIS, Nov 30 (Reuters) - U.S. President Barack Obama on Monday said that the United States accepted its responsibility as the world's second biggest greenhouse gas emitter to help fix climate change, adding that global action need not damage economic growth.
MOSCOW, Nov 30 (Reuters) - Russian oil firms are drilling more, showing the world's top crude producer is ready for a longer fight for market share with OPEC, as its industry can carry on even if oil prices reach $35 per barrel.
The German government backtracked on plans to let subsidies for solar batteries expire at the end of the year after cross-party protests.
Bill Gates, the world’s richest man, and fellow philanthropists have revealed details of a fund for clean energy technology to be used in countries that have committed public money to double research and development.
SYDNEY/LONDON, Nov 30 (Reuters) - BHP Billiton shares dropped more than 5 percent to a seven-year low on Monday after Brazil announced plans to sue the mining company and its partners for 20 billion reais ($5.2 billion) over the bursting of a dam.
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