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UPDATE 2-Petrobras takes $17 bln charge in wake of scandal, promises 'normality'

* Release of results removes risk of default (Recasts with CEO comments; adds details on results, and analyst quotes)

CERAWEEK-As drillers hunker down, Wall St sees quicker oil price bounce

HOUSTON, April 23 (Reuters) - There is a growing disconnect between Houston and Wall Street over when slumping oil prices will recover.

CERAWEEK-U.S. energy secretary touts nuclear deal with Iran

HOUSTON, April 22 (Reuters) - An agreement between the United States, Iran and other world powers designed to curtail Iran's nuclear program is effective and would work if implemented, U.S.

Petrobras posts audited results, takes $2 bln corruption charge

RIO DE JANEIRO, April 22 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA said on Wednesday that it lost 26.6 billion reais ($8.8 billion) in the fourth quarter after taking a write-down of 50.8 billion reais because of corruption and other impairments.

China-listed firms' earnings growth to hit 3-year low in 2015 -survey

SINGAPORE, April 23 (Reuters) - Earnings growth at China-listed companies is likely to be the slowest in three years in 2015, in line with an economy the government expects to expand at the weakest rate in a quarter of a century.

Former Petrobras executive Costa convicted in corruption case

CURITIBA, Brazil, April 22 (Reuters) - A Brazilian judge convicted a former Petrobras executive on Wednesday of money laundering and racketeering for his role in the massive kickback scandal engulfing the state-run oil company, but he will only serve one year of house arrest.

UAE energy minister is new MD of Abu Dhabi's IPIC after board revamp

ABU DHABI, April 22 (Reuters) - The United Arab Emirates energy minister has been appointed the new managing director of Abu Dhabi investment fund International Petroleum Investment Company (IPIC) in a reshuffle of the board.

Growth of Solar Energy Another Reason to Celebrate Earth Day

In 1970, the first ever Earth Day was held to demonstrate broad global support for environmental protection. At the time, the world’s population stood at 3.63 billion. Today, that number has more than doubled.   Well, guess what? Greenhouse gas emissions have doubled since then, too. Simply put, the world is in real danger, locked in on a collision

Saudi Arabia will continue to stop Houthi advances in Yemen -ambassador

WASHINGTON, April 22 (Reuters) - The Saudi military will continue to use force to stop Houthi militants from making advances in Yemen, the Saudi ambassador in Washington said on Wednesday, despite the announcement on Tuesday of an end to the Saudi-led air campaign.

Using Geothermal Solutions to Desalinate Oil Field Water

Clean water — it’s a precious resource in hot demand right now, for more than taking a shower or watering our crops. The United Nations projects the world’s population will grow by another billion people, to 8.4 Billion, by 2030. More people means more need for food, water, electricity, and other necessities. Beyond the obvious demands for water, our increasing appetite for electricity also requires water — and plenty of it. Most of the electricity generated in the U.S.

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