Global Energy Challenges
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New York bans fracking after health report

ALBANY, NY/NEW YORK - New York state will ban hydraulic fracturing after a long-awaited report concluded that the oil and gas extraction method poses health risks, Governor Andrew Cuomo's administration said on Wednesday. | Video

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Alstom nearing $700 million U.S. bribery settlement: source

16 Dec 2014

WASHINGTON/PARIS - Alstom SA is close to settling a bribery case with the U.S. Justice Department for $700 million, a person close to the matter said on Tuesday, in what would be the largest criminal fine levied by the United States for foreign bribery.

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Apache to sell stakes in LNG projects to Woodside for $2.75 billion

16 Dec 2014

BENGALURU/SYDNEY- - Apache Corp has agreed to sell stakes in two liquefied natural gas developments, Wheatstone in Australia and Kitimat in Canada, for $2.75 billion to Woodside Petroleum , which "stress-tested" the projects against low crude prices before signing up to buy them.

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Apache to sell stakes in LNG projects to Woodside for $2.75 billion

15 Dec 2014

- Apache Corp said on Monday it would sell its stakes in two liquefied natural gas projects, Wheatstone LNG in Australia and Kitimat LNG in Canada, to Australia's Woodside Petroleum Ltd for $2.75 billion.

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Denmark to claim slice of continental shelf in Arctic Ocean

15 Dec 2014

COPENHAGEN - Denmark will claim on Monday ownership of around 900,000 square kilometers of the continental shelf in the Arctic Ocean by filing documents to United Nations.

Factbox: What was agreed and what wasn't agreed in Lima climate talks

15 Dec 2014

LIMA - U.N. climate negotiations wrapped up in Lima on Sunday with a modest agreement about the building blocks of a deal due to be agreed on in Paris in a year's time.

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