Energy Update
Nitrogen and phosphate nutrients are among the biggest costs in cultivating algae for biofuels. Sandia molecular biologists Todd Lane and Ryan Davis have shown they can recycle about two-thirds of those critical nutrients, and aim to raise the recycling rate to close to 100 percent.
Aug 24 (Reuters) - U.S. power producer Southern Co said it will buy AGL Resources for about $8 billion in cash, creating the second-largest utility company in the country by customers.
NEW YORK, Aug 24 (Reuters) - A key gasoline-making unit at PBF Energy Inc's 182,200-barrel-per-day (bpd) Delaware City, Delaware, refinery is expected to be shut for at least a month - and possibly much longer - following an explosion and fire on Friday, a source familiar with plant operations said on Sunday.
JOHANNESBURG, Aug 24 (Reuters) - The state-run corporations that have shaped South Africa's economy and been part of its every day life for nearly a century are mostly in a state of collapse, threatening to crush already weak growth.
LONDON, Aug 24 (Reuters) - Anglo American is to sell two Chilean copper mines to investment firm Audley Capital for $300 million, the company said on Monday, as it delevers its balance sheet to help combat a global slump in commodity prices.
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