Energy Update
SYDNEY, Oct 7 (Reuters) - A bout of hot, dry weather in Australia over the next three months is likely to exacerbate an expected downturn in agricultural output, with wheat and milk production most affected, analysts said on Wednesday.
Oct 6 (Reuters) - Bankrupt miner Patriot Coal Corp , which is in the midst of auctioning off its assets, has issued a new WARN (Worker Adjustment and Retraining Notification Act) notice to its employees.
Wood Group has received a contract from Bechtel to provide an automation solution consisting of detailed engineering, control hardware and remote instrument enclosures (RIEs) for Tengizchevroil’s (TCO’s) crude storage capacity project at the Tengiz field in Kazakhstan.
Cutbank Ridge Partnership (CRP) has approved the $860m Sunrise gas plant to be built in the Montney region near Dawson Creek in northeastern British Columbia, Canada.
NEW DELHI, Oct 6 (Reuters) - India's prime minister is to tell states to raise electricity prices in return for access to a financial bailout package, a politically contentious move that risks a backlash from farmers and consumers long used to free or cheap power.
LONDON, Oct 6 (Reuters) - Russian billionaire Mikhail Fridman's LetterOne fund has emerged as the front runner for the acquisition of German utility E.ON's Norwegian North Sea assets, three industry and banking sources said on Tuesday.
WASHINGTON, Oct 6 (Reuters) - Washington Mayor Muriel Bowser and others will announce a proposed settlement on Tuesday that they hope will lead to the city's utilities regulator approving a plan for Exelon Corp and Pepco Holdings Inc to merge, according to a statement.
The European Investment Bank is the first issuer to link its individual green bonds to the projects they finance in a second move to respond to the call from world leaders to scale up finance for projects related to climate change.
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