Reuters: Utilities

Cyprus looks to Israel to back East Med LNG terminal plan

Wed, 19 Jun 2013 07:02:53 -0400

* Cyprus gas reserves could be as high as 1 trillion cubic metres

UPDATE 3-Japan finds highly toxic strontium in Fukushima groundwater

Wed, 19 Jun 2013 05:35:17 -0400

* Discovery may complicate efforts to release groundwater into ocean (Adds new nuclear safety rules finalized on Wednesday)

Gazprom closes in on deal over Enel's Belgium power plant-source

Wed, 19 Jun 2013 03:11:09 -0400

MOSCOW, June 19 (Reuters) - Russia's Gazprom is set to sign a letter of intent to acquire a generating plant in Belgium from Italy's Enel, a Gazprom source told Reuters on Wednesday.

REFILE-Japan ruling party exec apologises for Fukushima disaster gaffe

Wed, 19 Jun 2013 03:11:05 -0400

TOKYO, June 19 (Reuters) - The policy chief of Japanese Prime Minister Shinzo Abe's ruling party apologised on Wednesday and withdrew remarks that appeared to make light of the Fukushima nuclear disaster, adding it was up to the premier whether she would keep her job.

Tepco finds highly toxic strontium in Fukushima groundwater

Tue, 18 Jun 2013 21:26:03 -0400

TOKYO, June 19 (Reuters) - Tokyo Electric Power, the utility that operates the Japanese nuclear plant devastated two years ago by an earthquake and tsunami, said on Wednesday it had found high levels of toxic strontium in groundwater at the plant.

UPDATE 4-Duke Energy turns to insider to succeed CEO Rogers

Tue, 18 Jun 2013 16:56:47 -0400

June 18 (Reuters) - Duke Energy Corp has turned to an insider, Chief Financial Officer Lynn Good, to take over as chief executive when Jim Rogers steps down as part of a regulatory settlement linked to its $18 billion takeover of Progress Energy.

Mini flash crashes caused by sloppiness, not a broken market -SEC

Tue, 18 Jun 2013 15:55:41 -0400

NEW YORK, June 18 (Reuters) - Unexplained rapid price drops in single stocks have generally been triggered by human error, not nefarious trading activity or high-speed trading algorithms gone wild, an official at the U.S. Securities and Exchange Commission said on Tuesday.

Azeri energy company raises offer for Greek natgas grid operator

Tue, 18 Jun 2013 15:26:02 -0400

ATHENS, June 18 (Reuters) - Azeri state energy company SOCAR has improved its offer to buy Greece's natural gas grid operator, DESFA, the semi-official Athens News Agency (ANA) said on Tuesday, citing sources.

UPDATE 3-Major natgas pipeline explodes in Louisiana, area evacuated

Tue, 18 Jun 2013 13:21:59 -0400

* Part of Florida Gas Transmission line shut after explosion

COLUMN-E.ON bets on fuel cells for small-scale energy: Wynn

Tue, 18 Jun 2013 10:03:38 -0400

(The author is a Reuters market analyst. The views expressed are his own.)