Energy Update
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) - 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.
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.
LONDON, May 1 (Reuters) - The London Metal Exchange (LME) has fined one of its warehousing operators, CWT Commodities (Metals), 100,000 pounds ($149,000) for breaching information barriers with associated trading companies.
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