Reuters: Energy

At least four exposed to radiation after Japan laboratory leak-agency

Sat, 25 May 2013 08:30:24 GMT

TOKYO, May 25 (Reuters) - At least four people, and possibly up to 55, were exposed to radiation when radioactive material leaked during a laboratory experiment in Japan, the facility's operators said on Saturday, although authorities were not told of the leak for two days.

Chinese premier criticises EU move on trade measures

Sat, 25 May 2013 02:49:11 GMT

SHANGHAI, May 25 (Reuters) - Chinese Premier Li Keqiang criticised the European Union over its plans to investigate alleged anti-competitive behaviour by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.

UPDATE 2-Investors boost direct investment in Mexico, cut stocks

Fri, 24 May 2013 22:44:13 GMT

MEXICO CITY, May 24 (Reuters) - A healthy boost in foreign direct investment in the first quarter underscored confidence in Latin America's No. 2 economy even as investment flows into the country's stocks and bonds moderated, central bank data showed on Friday.

UPDATE 8-Oil edges up on book squaring, but posts big weekly drop

Fri, 24 May 2013 19:55:23 GMT

* High U.S. supplies, Fed bond buying concerns weigh (Updates prices, adds details.)

UPDATE 1-U.S. weather-watcher satellite fails just before hurricane season

Fri, 24 May 2013 19:35:09 GMT

CAPE CANAVERAL, Fla., May 24 (Reuters) - A key satellite positioned to track severe weather in the eastern United States has failed, just as the 2013 Atlantic hurricane season is about to start.

COMMODITIES-Biggest weekly loss in a month for oil; gold up on week

Fri, 24 May 2013 18:55:43 GMT

* Industrial commodities weighed down by shaky China demand * Brent crude oil down about 2 percent on week * Gold rises 2 pct on week, helped by conviction of more stimulus * Copper little changed on both the day and week By Barani Krishnan NEW YORK, May 24 (Reuters) - Oil posted its biggest weekly loss in a month on Friday while copper was down slightly on both the day and week after a shaky demand outlook for industrial commodities from major consumer China. Gold had i

U.S. State Department posts feedback on Keystone pipeline

Fri, 24 May 2013 18:27:29 GMT

WASHINGTON, May 24 (Reuters) - The U.S. State Department says it is taking the unusual step of releasing publicly the feedback it has received about a controversial pipeline project after an "unprecedented" response to its draft environmental report.

UPDATE 1-Vestas says fraud squad investigating ex-finance chief

Fri, 24 May 2013 14:48:37 GMT

COPENHAGEN, May 24 (Reuters) - The former chief financial officer of Danish wind turbine maker Vestas Wind Systems A/S is being investigated by the country's fraud squad over two agreements he made with an Indian firm, Vestas said.

China solar companies shun home market in pursuit of margins

Fri, 24 May 2013 13:52:21 GMT

* Panel makers boost shipments to Japan and emerging economies

Death toll from Guinea opposition march rises to four

Fri, 24 May 2013 12:45:34 GMT

CONAKRY, May 24 (Reuters) - The official death toll from Thursday's clashes between Guinean opposition protesters and police and government supporters rose to four on Friday, meaning at least 22 people have now been killed in unrest since March.

UPDATE 1-StanChart's Sands says Muddy Waters' debt bet misplaced

Fri, 24 May 2013 10:28:34 GMT

JAKARTA, May 24 (Reuters) - Standard Chartered PLC's chief executive Peter Sands denied U.S activist investor Muddy Waters' claim that the bank has taken on too much risk, saying its loan book was in a good condition and there is no change in risk appetite for lending.

UPDATE 1-Academics back BP's fight to cap oil spill payouts

Fri, 24 May 2013 10:08:12 GMT

LONDON, May 24 (Reuters) - A group of accountancy professors is backing BP's fight to cap the U.S. oil spill compensation payouts it has to fund as the cash outflow threatens to add billions of dollars to its bill for the disaster.

StanChart says sees no change in risk appetite for lending

Fri, 24 May 2013 09:41:41 GMT

JAKARTA, May 24 (Reuters) - Standard Chartered PLC said on Friday that its risk appetite for lending has not changed and the quality of its loan book is in good condition despite a recent bet against the bank's debt by a high-profile investor.

Banks in the spotlight in debate over UK listing rules

Fri, 24 May 2013 09:15:00 GMT

LONDON, May 24 (Reuters) - As Britain's stock market watchdog pores over the implications of scandals at mining companies ENRC and Bumi, the role of sponsor banks who helped lead their listings is coming under scrutiny.

UPDATE 2-EU denies breakdown in solar panel talks

Fri, 24 May 2013 08:39:45 GMT

BRUSSELS/HONG KONG, May 24 (Reuters) - The European Commission rejected Chinese trade association statements that talks to resolve a dispute over allegations of dumping of solar panels had broken down, while Chinese comments highlighted risks the dispute could escalate.

Germany must curb runaway retail prices for sake of green power -IEA

Fri, 24 May 2013 08:00:00 GMT

* Power price rise may hit consumer support for green energy

Petroceltic abandons Black Sea exploration well off Bulgaria

Fri, 24 May 2013 07:40:53 GMT

May 24 (Reuters) - Petroceltic International Plc said it would abandon an exploration well off the Bulgarian coast that failed to yield enough gas to justify commercial production, sending its shares down 5 percent.

UPDATE 1-Magnitude 8.2 earthquake strikes Russian Far East

Fri, 24 May 2013 07:01:45 GMT

MOSCOW, May 24 (Reuters) - A magnitude 8.2 earthquake struck off Russia's eastern coast on Friday, briefly prompting a tsunami scare but causing no casualties or substantial damage, Russian emergency authorities said.

Russia lifts tsunami warning on Russia's Sakhalin, Kurile islands

Fri, 24 May 2013 06:41:41 GMT

MOSCOW, May 24 (Reuters) - Russian emergency authorities lifted a tsunami warning on Friday several minutes after they announced one, following an earthquake in the Sea of Okhotsk off Russia's eastern coast.

Oil prices set for biggest weekly loss in five

Fri, 24 May 2013 03:45:22 GMT

* Shrinking factory activity in China limits oil demand growth

UPDATE 4-Brazil to auction its biggest-ever oil find in October

Fri, 24 May 2013 01:27:22 GMT

RIO DE JANEIRO, May 23 (Reuters) - Brazil plans to sell the right to explore and develop its largest-ever oil discovery in October, auctioning an offshore petroleum prospect that is expected to produce about 12 billion barrels of oil over 35 years.

UPDATE 2-Phillips to increase shale oil use at New Jersey refinery

Thu, 23 May 2013 23:39:23 GMT

(Adds option of Canadian crude by rail, background on Bayway)

UPDATE 2-One dead, about 10 injured in Guinea opposition protest

Thu, 23 May 2013 23:07:46 GMT

CONAKRY, May 23 (Reuters) - One person was killed and about were 10 injured when security forces and supporters of Guinea's president clashed with protesters marching in the capital on Thursday against planned legislative elections.

UPDATE 2-EU oil pricing probe spurs lawsuit against BP, others

Thu, 23 May 2013 22:56:43 GMT

NEW YORK/CHICAGO May 23 (Reuters) - A Chicago-based commodities trading firm has filed suit against three of the world's largest oil companies, accusing them of colluding to fix oil prices after European authorities opened an investigation last week.

COMMODITIES-Oil cuts loss, shadowing Wall St rebound; copper down

Thu, 23 May 2013 21:35:47 GMT

* Oil erases bulk of early loss, rebounding with US stocks