Utilities

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U.N.'s Ban: Obama's climate plan shows U.S. can change world

WASHINGTON, Aug 4 - United Nations' Secretary-General Ban Ki-moon applauded the Obama administration's power plant rule at a visit to the White House on Tuesday.

Energy, 12:30pm EDT

UPDATE 3-S.Africa orders Glencore to shut coal mine over job cuts

* Firm starts business rescue on S.African mine (Adds Anglo American comment on coal supply contracts)

India's Modi backtracks on pro-business land bill

NEW DELHI, Aug 4 - Indian Prime Minister Narendra Modi has agreed to drop politically unpopular clauses from a pro-business land bill, a move that will fuel worries among investors that the slow pace of economic reforms is hurting long-term growth prospects.

8:44am EDT

Amid scandal, suitors cautiously eye Malaysia's 1MDB power assets - sources

KUALA LUMPUR/SINGAPORE, Aug 4 - At least half a dozen suitors have bid for energy assets of Malaysia's debt-laden state fund 1Malaysia Development Bhd (1MDB), despite it being at the centre of the country's ongoing political crisis, according to four people familiar with the matter.

Energy, Financials 7:42am EDT

Tamar a rare success as Israel struggles to reap gas bonanza

TAMAR PLATFORM, East Mediterranean, Aug 4 - The Tamar natural gas platform, towering 300 feet above the Mediterranean, is a rare success story in Israel's fledgling energy sector - a state-of-the-art facility that has already saved billions of dollars in electricity costs.

Energy, Stocks, Markets 7:10am EDT
Utilities
Duke Energy Corp $74.23 -0.97%
NextEra Energy Inc $106.93 -0.72%
Dominion Resources Inc $70.48 -1.73%

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