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UPDATE 1-500 days out, Rio risks Olympics cost surge as building lags

RIO DE JANEIRO, May 8 (Reuters) - With less than 500 days until Rio de Janeiro hosts the Olympic Games, construction of several venues has not started and some major contracts have not even been tendered, setting the stage for a last-minute rush that will likely drive up costs.

UPDATE 2-BP wins right to appeal some Gulf spill damages claims

May 8 (Reuters) - A U.S.

Canada aboriginal community pushes back against Petronas LNG plan

VANCOUVER, May 8 (Reuters) - Members of a Canadian aboriginal community edged closer to rejecting a roughly C$1 billion ($827 million) deal with Malaysia's Petronas to support a liquefied natural gas export terminal, voting against the offer in the first two of three polls.

United Airlines sees 2nd-qtr fuel costs higher than expected

May 8 (Reuters) - United Continental Holdings Inc said on Friday that it expects to pay more per gallon of fuel in the second quarter than it had previously forecast as oil prices inch up and chip away at airlines' energy savings.

Why Fungi-Based Biofuels Could Eventually Replace Conventional Jet Fuel

The University of Washington is developing a fungi based aviation biofuel that might be competitive on the open market. Fungi naturally do many of the complicated chemical processes required by other fuels. This should mean that a fungi biofuel has lower production costs.

UPDATE 1-Former U.S. gov't employee attempted to steal nuclear weapons secrets -Justice Dept

WASHINGTON, May 8 (Reuters) - The U.S.

Former U.S. gov't employee attempted to steal nuclear weapons secrets -Justice Dept

WASHINGTON, May 8 (Reuters) - The U.S. Justice Department has charged a former employee of the Department of Energy and the Nuclear Regulatory Commission for allegedly attempting an email attack on government employees to extract sensitive information on nuclear weapons.

Alberta's April job gains seen as anomaly; more weakness expected

OTTAWA, May 8 (Reuters) - Strong job gains in Alberta in April were likely an anomaly, possibly influenced by hiring related to the Western Canadian province's May 5 election, and economists predicted more weakness in coming months due to relatively low oil prices.

Ocean Renewable Energy Conference Joins HydroVision International

The Oregon Wave Energy Trust (OWET) announced that its 10th annual Ocean Renewable Energy Conference will be co-located this year with HydroVision International, the largest gathering of hydro professionals worldwide. PacifiCorp (a Berkshire Hathaway Energy Company) and Portland General Electric are the two official host utilities of the event and OWET is the official marine energy partner.

UPDATE 2-Permian basin sees first rig increase since oil rout -Baker Hughes

May 8 (Reuters) - After weeks of idling rigs on slumping crude prices, U.S. oil drillers added rigs to the Permian Basin for the first time this year, industry data showed on Friday.

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