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TORONTO, Dec 15 (Reuters) - Wood pellets producer Pinnacle Renewable Energy Inc, owned by Canadian private equity firm Onex Corp, wants to raise about C$175 million ($136 million) through a Toronto initial public offering (IPO), people familiar with the matter told Reuters this week.
Dec 15 (Reuters) - Dominion Energy Inc's Millstone nuclear power plant is expected to remain profitable through 2035, according to a study released by Connecticut energy regulators on Thursday, making it less likely the company will shut the reactors early.
By Scott DiSavino Dec 15 (Reuters) - U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending plans for next year. The oil rig count fell by four to 747 in the week to Dec. 15, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. The U.S. rig count, an early indicator of future
SAO PAULO, Dec 15 (Reuters) - French energy group Engie SA and Celeo Redes, a firm controlled by Spain's Elecnor , won licenses on Friday to build and operate power transmission lines in Brazil for 30 years during a government-sponsored auction in Sao Paulo.
Dec 15 (Reuters) - Activist investor Carl Icahn on Friday stepped up its fight against SandRidge Energy Inc's plan to buy a rival, urging fellow stockholders to vote against the oil and gas company's plan to issue shares for the $746 million deal.
TORONTO, Dec 15 (Reuters) - Canada's main stock index gained in early trading on Friday, as auto parts maker Linamar Corp jumped on news of a C$1.2 billion deal to buy an agricultural equipment maker, and heavyweight energy and financial stocks also rose.
(Reuters) - Activist investor Carl Icahn on Friday urged SandRidge Energy Inc's stockholders to vote against the oil and gas company's plan to issue shares for its proposed acquisition of Bonanza Creek Energy .
Dec 15 (Reuters) - Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Group's energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.
* â€AKER BP ASA (AKER BP) HAS SUBMITTED PLANS FOR DEVELOPMENT AND OPERATIONS (PDOS) FOR VALHALL FLANK WEST, Ã†RFUGL (FORMERLY SNADD) AND SKOGUL (FORMERLY STORKLAKKEN) FIELDS TO NORWEGIAN MINISTRY OF PETROLEUM AND ENERGYâ€‹
The Merriam-Webster Dictionary defines the term "feng shui" as: "A Chinese geomantic practice in which a structure or site is chosen or configured so as to harmonize with the spiritual forces that inhabit it."
Dec 14 (Reuters) - U.S. energy regulators on Thursday approved Energy Transfer Partners LP's request to resume horizontal drilling at eight sites in Ohio and West Virginia as it works to complete part of the Rover natural gas pipeline by the end of the year.
Dec 14 (Reuters) - Energy Transfer Partners LP urged U.S. regulators to allow the company to start more horizontal drilling as it works to complete part of the Rover natural gas pipeline by the end of the year, after delays caused by spills.
WASHINGTON (Reuters) - The final version of comprehensive tax legislation being negotiated by House and Senate lawmakers will preserve key renewable energy tax credits that were once at risk of being removed, congressional and business sources said on Thursday.
Dec 14 (Reuters) - Canadian oil sands company Cenovus Energy Inc said on Thursday it would cut an additional 15 percent of its workforce and lower operating expenses as new chief executive, Alex Pourbaix, seeks to aggressively reduce costs and lower debt.
BUDAPEST (Reuters) - Hungary will relax rules on the construction of small solar power plants and subsidize loans to landowners as part of efforts to promote renewable energy, a government official said on Thursday.
BEIRUT, Dec 14 (Reuters) - Lebanon's cabinet approved a bid on Thursday for offshore energy exploration by a consortium made up of France's Total, Italy's ENI and Russia's Novatek, in the country's first oil and gas offshore licensing round, a government source said.
MUNICH (Reuters) - Siemens' chief executive sees the German group as a "fleet of ships", each thriving under its own steam, but rejects the idea of separate listings for its core factory-automation and energy businesses, he told Manager Magazin.
TORONTO, Dec 13 (Reuters) - Canada's main stock index closed at a record high on Wednesday but well off its session highs, as sharp gains for gold miners were offset by losses among energy companies and a fall in grocery retailer Empire Company Ltd .
LONDON, Dec 13 (Reuters) - North Sea operator Ineos has declared force majeure on all shipments of crude oil, natural gas and condensates through its Forties pipeline system that has shut off vital energy supplies to Britain, according to a source familiar with the matter on Wednesday.
Amazon wins the weird-TV Olympics with "Jean-Claude Van Johnson," a surreal flight of comic fancy starring Jean-Claude Van Damme, which begins with lots of manic energy and pretty quickly runs out of gas. Think of it as the scripted version of a reality-TV show about a washed-up star, albeit one who secretly gets his kicks as a super-spy.
Dec 13 (Reuters) - EQT Corp on Wednesday said it expected to spend 60 percent more on its capital budget in 2018 after it became the biggest U.S. natural gas producer when it completed its acquisition of Rice Energy last month.
BRUSSELS (Reuters) - A group of big technology, industry and power companies have called on the European Union to set a target for renewables of at least 35 percent when EU energy ministers meet next week.
BOSTON/HOUSTON (Reuters) - Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business.
BOSTON/HOUSTON, Dec 12 (Reuters) - Climate activists said on Tuesday they would take a tough shareholder resolution off the table at Exxon Mobil Corp after the company agreed to provide new details about how climate change could affect its business.
WARSAW (Reuters) - Poland will remain reliant on coal for power generation for now but in future should consider turning to nuclear energy and renewable sources, the new prime minister said on Tuesday in his first policy speech.
(Reuters) - The Dow Jones Industrial Average opened higher as energy stocks gained and shares of Boeing touched a record high, while the S&P and the Nasdaq opened flat ahead of the Federal Reserve's policy meeting.
Dec 12 (Reuters) - The Dow Jones Industrial Average opened higher as energy stocks gained and shares of Boeing touched a record high, while the S&P and the Nasdaq opened flat ahead of the Federal Reserve's policy meeting.
LONDON, Dec 12 (Reuters) - Emerging equities fell on Tuesday after two days of strong gains as markets looked to a U.S. Federal Reserve meeting and potential policy tightening in China, though a rise in the oil price to mid-2015 highs underpinned energy producers.
TOKYO (Reuters) - Japan's greenhouse gas emissions fell 0.2 percent to a six-year low in the financial year that ended last March, government figures showed on Tuesday, amid growing use of renewable energy and the gradual return of nuclear power.
NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week.
NEW YORK (Reuters) - Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. Federal Reserve rate hike later in the week.
PARIS (Reuters) - French state-owned utility EDF announced on Monday plans for a big push into solar energy in France that is likely to cost around 25 billion euros as the government tries to meet its climate goals.
Dec 11 (Reuters) - SandRidge Energy Inc on Monday pushed back against activist investors Carl Icahn and Fir Tree Partners' attack on the oil and gas producer's proposed $746 million acquisition of rival Bonanza Creek Energy Inc.
* MARKSMEN ENERGY-AGREED TO ACQUIRE ADDITIONAL 20 PCT WORKING INTEREST FROM HOCKING HILLS ENERGY AND WELL SERVICES TO INCREASE CO'S WI SHARE IN WELL TO 60 PCT Source text for Eikon: Further company coverage:
Dec 11 (Reuters) - SandRidge Energy Inc said on Monday it would make some company records available to Carl Icahn, a week after the activist investor asked the oil and gas producer to release internal documents on its proposed acquisition of a rival.
TORONTO, Dec 8 (Reuters) - Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid U.S. jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices.
Dec 8 (Reuters) - New Jersey Governor Chris Christie said he would consider a bill in his last month in office that would subsidize the state's nuclear power plants to prevent them from retiring early, sparking criticism from some energy companies and environmental and public interest groups on Friday.
* CONSOL ENERGY SAYS KATHARINE FREDRIKSEN, PRESIDENT, DEPARTED CO; JAMES BROCK, CO'S CEO, IS ASSUMING ADDITIONAL ROLE OF PRESIDENT - SEC FILING Source text for Eikon: (http://bit.ly/2jckzwJ) Further company coverage:
Dec 8 (Reuters) - U.S. energy companies this week added oil rigs for a third week in a row, the longest string of increases since summer, as higher crude prices prompt drillers to return to the well pad after a break in the autumn. Drillers added two oil rigs in the week to Dec. 8, bringing the total count up to 751, the highest level since September, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.
TORONTO, Dec 8 (Reuters) - Canada's main stock index rose on Friday, boosted by broad gains for energy stocks as oil prices moved higher, and as pipeline operator Kinder Morgan Canada Ltd jumped following a favorable regulator ruling.
References to climate change and the Environmental Protection Agency's use of renewable energy have been removed from several of its web pages, according to an analysis by the Environmental Data and Governance Initiative.
HANOI (Reuters) - Vietnam's National Assembly on Friday expelled a former top Communist Party official suspected of misconduct while he was chairman of the main state energy firm, state media reported.
CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the C$7.4 billion ($5.8 billion) project.
CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the C$7.4 billion ($5.8 billion) project.
CALGARY, Alberta (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.
CALGARY, Alberta, Dec 7 (Reuters) - Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd in its appeal seeking to sidestep some municipal permits needed for the company's C$7.4 billion ($5.8 billion) Trans Mountain pipeline expansion.
Dec 7 (Reuters) - U.S. industrial equipment maker Dover Crop said on Thursday it plans to spin off its upstream energy businesses into a standalone, publicly traded company, following a strategic review announced in September.
WASHINGTON (Reuters) - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants.
TORONTO, Dec 7 (Reuters) - Canada's main stock index rose on Thursday, helped by gains among energy stocks as oil prices picked up and as BlackBerry Ltd moved higher after announcing an automotive partnership with chipmaker Qualcomm.
(Reuters) - The Department of the Interior, the U.S. government's second largest revenue generator behind the IRS, is trying to be a better business partner to oil companies to curb falling revenues, Vincent DeVito, energy advisory to the Secretary of the Interior, said on Thursday.
(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil prices dropped more than 2 percent.
(Reuters) - Wall Street's main indexes edged higher on Wednesday, with Microsoft and other technology stocks making modest gains and helping offset losses in energy shares after oil prices dropped more than 2 percent.
(Reuters) - Wall Street's main indexes were little changed on Wednesday, with technology stocks clinging on to modest gains and helping offset losses in energy shares after oil prices slipped more than 2 percent.
ADU DHABI (Reuters) - Saudi Arabia is interested in reaching a civilian nuclear cooperation agreement with Washington, the U.S. government's energy chief said on Wednesday, a step which would allow American companies to participate in the kingdom's civil nuclear program.
(Reuters) - Wall Street turned weary in late morning trading on Wednesday, with a slide in energy stocks and Home Depot offsetting gains in technology sector as investors readjust their stock holdings.
TORONTO, Dec 6 (Reuters) - Canada's main stock index turned higher on Wednesday as banks and industrial stocks rose, offsetting a slump in department store operator Hudson's Bay Co after it reported a deeper-than-expected loss. Energy stocks fell with lower oil prices.
TORONTO, Dec 6 (Reuters) - Canada's main stock index fell in early trade on Wednesday, hurt by a tumble in shares of Hudson's Bay Co after the department store operator posted a wider-than-expected quarterly loss, while financial and energy stocks also weighed.
CALGARY, Alberta, Dec 5 (Reuters) - Enbridge Inc temporarily shut down its Line 5 oil pipeline across the Straits of Mackinac in North America's Great Lakes on Tuesday, due to high winds and nine-foot (3 meter) high waves, according to the Michigan Agency for Energy (MAE).
* Enbridge Inc temporarily shut down its 540,000 barrel per day Line 5 oil pipeline across Straits of Mackinac in the Great Lakes on Tuesday due to high winds and nine-foot high waves, according to the Michigan Agency for Energy (MAE).