Energy Update

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WILLISTON, N.D., May 1 (Reuters) - The clock kept ticking in April on a suspension of North Dakota's oil extraction tax after a state-calculated average of the month's crude price fell below $52.59 per barrel for a fourth straight month.

Solar energy is a booming business across North America. Installations grew 30 percent across the United States in 2014 for the industry’s biggest year yet, but industry expansion also brings consolidation – Ernst & Young reports industry deal values hit a four-year high of $177.1 billion in 2014, with investment and acquisitions both predicted to

May 1 (Reuters) - TransCanada Corp , Canada's No.2 pipeline company by market value, reported a 10 percent rise in comparable earnings, helped by higher profit as its Keystone System, Eastern Canadian Power and U.S. Power businesses.

May 1 (Reuters) - TransCanada Corp , Canada's second-largest pipeline company, reported a 6.1 percent fall in quarterly net profit, hurt by derivative losses.

May 1 (Reuters) - Duke Energy Corp, the largest U.S.

DUBAI/KHOBAR, May 1 (Reuters) - Saudi Arabia has approved a restructuring of Saudi Aramco that includes separating it from the oil ministry, a Saudi-owned TV station reported, in a decision analysts said aims to make the state oil giant more transparent and keep it away from political sway.

* Crude futures rise more than 20 percent in April (Recasts, adds Iraq exports, updates prices)

May 1 (Reuters) - Duke Energy Corp, the largest U.S.

The story of Texas wind energy is a success, but it's an odd history. In 1999, when Texas deregulated the energy market, a deal was struck to include a Renewable Portfolio Standard (RPS), a requirement that power companies source a certain amount of their electricity from renewable energy by certain dates. Texas surpassed the original targets, as well as subsequently increased targets, eventually making Texas the U.S. wind leader.

WASHINGTON, May 1 (Reuters) - Canada's transport minister will be in Washington on Friday for a joint announcement with her U.S. counterpart aimed at harmonizing safety regulations on shipping crude oil by rail, a politically sensitive issue on both sides of the border.

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