Fri Jul 5, 2013 9:42am EDT * Conergy says could reach agreement with 9 of 10 creditors * EAA the only creditor to block deal – sources * Says investor could still help keep operations going * Kawa Capital Management named as investor – sources * Shares plunge 67 percent (Adds details on potential investor from sources) By Christoph Steitz ...
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Poland’s shale gas dreams fade as investors complain of red tape
Fri Jul 5, 2013 10:25am EDT * Executives say firms may quit unless gas flows soon * They say red tape, tough geology hold up drilling * Reform plans do not go far enough – industry lobby By Agnieszka Barteczko WARSAW, July 5 (Reuters) – Hopes that Poland could lead a U.S.-style shale gas boom in Europe are fading fast ...
Read More »China proposes export caps to solve solar dispute with EU
SHANGHAI/HONG KONG, July 5 | Thu Jul 4, 2013 10:18pm EDT SHANGHAI/HONG KONG, July 5 (Reuters) – China has proposed to cap the annual volume of its solar panel exports to the European Union and set a minimum price of its products sold there in an effort to resolve a potentially costly trade dispute between the two parties, the Shanghai ...
Read More »Brazil seeks at least $7 bln from largest oil find auction
Thu Jul 4, 2013 3:43pm EDT * Expects $7 billion signature bond from Libra auction * Firms must offer Brazil 40 pct of Libra profit oil -CNPE * Libra’s oil output seen at more than 1 mln bpd, may start in 5 years * OGX is qualified to bid SINGAPORE/RIO DE JANEIRO, July 4 (Reuters) – Brazil expects an upfront ...
Read More »ND synthetic gas plant to resume production
Posted: Wednesday, July 3, 2013 12:51 pm Updated: 2:15 pm, Wed Jul 3, 2013. ND synthetic gas plant to resume production Associated Press | BISMARCK, N.D. (AP) — The Great Plains Synfuels Plant in western North Dakota is expected to restart this week after production was halted a month for maintenance work. Bismarck-based Basin Electric Power Cooperative says its plant ...
Read More »Tensions build around ND boomtown’s housing crisis
Developers of the proposed Bakken Village imagine a hamlet emerging from the western North Dakota grasslands, a modern-day version of the famed 1950s-era planned community, Levittown, N.Y., or one of Henry Ford’s company towns. The Bakken Village’s logo sets a carefully balanced scene on the developer’s plot of land northeast of Williston, N.D. Stalks of wheat flank an oil derrick. ...
Read More »This Is Your Town on Fracking
Not long ago I found myself stranded in Williston, North Dakota. You might have heard of it. Despite being the eighth-largest city in the 48th most-populous state, Williston has won some infamy in recent years. It’s at the center of an oil boom that’s likely to make the United States a net exporter of fossil fuels in just a few ...
Read More »Trains full of North Dakota oil heading to Pacific North West
LONGVIEW, Wash. — Trains full of North Dakota crude oil are chugging toward the Pacific Northwest. Oil is bringing jobs and business opportunities to the Lower Columbia region but it also is raising fears that the river will become a fossil fuel highway, The Daily News of Longview reported in Sunday’s newspaper. Last year, oil cars began leaving the Bakken ...
Read More »Fracking critics unhappy with Obama climate speech
PITTSBURGH (AP) — President Barack Obama’s speech this week on climate change forcefully rejected some key arguments made by opponents of natural gas fracking, upsetting some environmental groups that otherwise back his climate goals. Obama, in his address Tuesday calling for urgent action to address climate change, praised what he called “cleaner-burning natural gas” and its role in providing safe, ...
Read More »Name of victim in fiery oil tanker crash released
STANLEY, N.D. – One of three people killed last week in a multiple-vehicle crash involving an oil tanker that exploded was identified Tuesday as Tyler Fischer, 23, of Minot, the North Dakota Highway Patrol said. Authorities withheld the release of his name until receiving positive confirmation from the medical examiner, said Capt. Gary Orluck.Heavy fog contributed to a five-vehicle crash ...
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