Energy Update
NEW ORLEANS, Feb 23 (Reuters) - BP Plc on Monday appealed a federal judge's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines.
FRANKFURT, Feb 23 (Reuters) - EU regulators aiming to build a strong energy union to weaken Russia's market power are planning to introduce a law that will require each member state to seek EU commission approval before concluding new gas contracts, German daily Sueddeutsche Zeitung said in an advance copy of its Tuesday edition.
MELBOURNE, Feb 24 (Reuters) - Global miner BHP Billiton reported a 31 percent slide in half-year profit, its weakest since 2013 as prices for its four main products collapsed, and flagged it would cut costs further to weather the weak market.
Is it politics at play? Or is it simply a case of sloppy drafting? Whichever the case, West Virginia Gov. Earl Ray Tomblin has a tough choice to make in the next few days. Legislation now on his desk, HB 2201, could jeopardize the future of rooftop solar in the state by rewriting West Virginia’s net-metering policies. Regardless of the motives of t
MELBOURNE, Feb 23 (Reuters) - When global miner BHP Billiton reports its half-year results on Tuesday, the only parts of the company that are likely to report profit growth are some of the unloved assets it aims to spin off by June.
Apple Inc. plans to spend 1.7 billion euros ($1.9 billion) building data centers in Ireland and Denmark in its biggest European investment, with the facilities set to run services such as iTunes and maps for users of its devices.
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