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| Japan government joining efforts to contain Fukushima toxic water Tuesday, Aug 06, 2013 08:34 PM PDT  TOKYO (Reuters) - The Japanese government is joining efforts to contain a buildup of radioactive water at the crippled Fukushima nuclear plant, as operator Tokyo Electric Power Co struggles to contain the problem, government officials said on Wednesday. Chief Cabinet Secretary Yoshihide Suga said the buildup of radioactive water at the plant was a very serious issue and that Prime Minister Shinzo Abe would order the Ministry of Economy, Trade and Industry, which regulates Tepco and other power utilities, to significantly step up its role. ... Full Story | Top |
| Japan must support Tepco in containing Fukushima water problem: Suga Tuesday, Aug 06, 2013 07:47 PM PDT  TOKYO (Reuters) - Japan's government must support the operator of the crippled Fukushima nuclear plant in its efforts to contain buildups and leaks of radioactive water at the facility, the top government spokesman said on Wednesday. Prime Minister Shinzo Abe will order the government later in the day to strengthen its response on water containment, said Chief Cabinet Secretary Yoshihide Suga, indicating the government will get directly involved in combating the worsening problem. ... Full Story | Top |
| Tribal activists block Idaho highway over tar sands 'megaload' Tuesday, Aug 06, 2013 06:31 PM PDT By Laura Zuckerman SALMON, Idaho (Reuters) - Police arrested 19 members of the Nez Perce Tribe on Tuesday on suspicion of disorderly conduct for refusing to break a human chain blocking a highway in Idaho in protest against a 322-ton load of equipment bound for the tar sands of Alberta, Canada. The blockade by more than 250 mostly Native American protesters halted travel of a so-called megaload for two hours on a scenic roadway at the front lines of an ideological struggle over North American oil and gas development and its impact on the environment, local communities and native cultures. ... Full Story | Top |
| Exclusive: Chesapeake drops energy leases in fracking-shy New York Tuesday, Aug 06, 2013 04:52 PM PDT  By Edward McAllister NEW YORK (Reuters) - Chesapeake Energy has given up a two-year legal fight to retain thousands of acres of natural gas drilling leases in New York state, landowner and legal sources told Reuters. Landowners in Broome and Tioga counties, who had leased acreage to Chesapeake over the past decade, had battled the pioneering oil driller in court to prevent it from extending the leases under their original terms, many of which were agreed to long before a boom in hydraulic fracturing swept the United States. ... Full Story | Top |
| Union leader sees tough talks over refinery worker pay Tuesday, Aug 06, 2013 03:56 PM PDT By Erwin Seba HOUSTON (Reuters) - Wages will likely be the top issue at the next round of contract negotiations between the leading union of U.S. refinery workers and oil companies, a United Steelworkers' official said on Tuesday as preparations for the talks began. Although the contract talks aren't set to start until January 2015, the union just completed the first conference of refinery workers to assess issues of concern to members, providing an early glimpse of the union's likely negotiating agenda. ... Full Story | Top |
| Mexico energy reform due this week, debate over contracts Tuesday, Aug 06, 2013 03:38 PM PDT  By David Alire Garcia and Adriana Barrera MEXICO CITY (Reuters) - Mexican President Enrique Pena Nieto said on Tuesday that his government will present its energy reform proposal this week, an overhaul aimed at luring more private capital to the oil, gas and electricity sectors to boost flagging output. The energy reform will be presented to the Congress and is a key plank of a wider economic overhaul designed to boost growth in Latin America's No. 2 economy to 6 percent a year, create jobs and lower energy costs. ... Full Story | Top |
| Japan PM to call for stronger response to Fukushima water crisis: Nikkei Tuesday, Aug 06, 2013 03:33 PM PDT  TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is expected to call on Wednesday for a stronger response to try to stop highly radioactive water leaking into the ocean from the crippled Fukushima nuclear plant, the Nikkei newspaper reported. It also said the government would commit taxpayer money to halt the buildup of radioactive water at the plant. On Monday, an official from Japan's nuclear watchdog told Reuters the leakage had become an "emergency", adding that the operator of the plant, Tokyo Electric Power Co (Tepco), was struggling to contain the problem. ... Full Story | Top |
| Signs of new climate 'normal' apparent in hot 2012: report Tuesday, Aug 06, 2013 03:32 PM PDT  By Environment Correspondent Deborah Zabarenko WASHINGTON (Reuters) - Last year was one of the 10 hottest on record, with sea levels at record highs, Arctic ice at historic lows and extreme weather in various corners of the globe signaling a "new normal," scientists said Tuesday in the 2012 State of the Climate report. Meant to be a guide for policymakers, the report did not attribute the changes in climate to any one factor, but made note of continued increases in heat-trapping greenhouse gases including carbon dioxide, methane and nitrous oxide. ... Full Story | Top |
| First study of human transmission of new bird flu raises worries Tuesday, Aug 06, 2013 03:31 PM PDT By Kate Kelland LONDON (Reuters) - The first scientific analysis of probable human-to-human transmission of a deadly new strain of bird flu that emerged in China this year gives the strongest evidence yet that the H7N9 virus can pass between people, scientists said on Wednesday. Research published in the British Medical Journal (BMJ) analyzing a family cluster of cases of H7N9 infection in eastern China found it was very likely the virus "transmitted directly from the index patient (a 60-year-old man) to his daughter. ... Full Story | Top |
| TransCanada signs deal with Progress on BC natural gas line extension Tuesday, Aug 06, 2013 03:14 PM PDT CALGARY, Alberta (Reuters) - TransCanada Corp said on Tuesday it has signed an agreement with Malaysian-owned Progress Energy to transport two billion cubic feet per day of natural gas to underpin the $1.5 billion extension of its NGTL pipeline system in British Columbia. The extension will also include an interconnection with TransCanada's planned Prince Rupert Gas Transmission project, which will supply natural gas to a proposed liquefied natural gas (LNG) export facility in Prince Rupert, BC. Malaysia's Petronas acquired Progress Energy in a $4.9 billion deal last year. ... Full Story | Top |
| Exclusive: China approves genetically modified Argentine corn shipment Tuesday, Aug 06, 2013 03:11 PM PDT By Hugh Bronstein BUENOS AIRES (Reuters) - China has approved its first shipment of genetically modified Argentine corn, Buenos Aires said on Tuesday, signaling that the Asian country may eventually import GMO crops from other producers like the United States. Argentine Agriculture Minister Norberto Yauhar said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed. Benchmark Chicago corn futures fell briefly after Reuters reported on the shipment. ... Full Story | Top |
| Analysis: Commodity funds on track for big launch year in uncertain market Tuesday, Aug 06, 2013 02:50 PM PDT By Barani Krishnan NEW YORK (Reuters) - An ex-Glencore oil trader and a veteran grains merchant are among those behind the largest number of commodity fund launches in 3 years despite investor worries the multi-year rally in those markets is over. A dozen hedge funds trading raw materials derivatives on discretion were launched in the first six months of this year, the same as in the whole of 2012, data from London-based research house Preqin showed. In 2011, only seven of such funds took off, the smallest number in 5 years. ... Full Story | Top |
| Amgen seen raising bid to acquire Onyx Pharmaceuticals: report Tuesday, Aug 06, 2013 02:02 PM PDT (Reuters) - Amgen Inc is expected to sweeten its offer to acquire Onyx Pharmaceuticals Inc to $130 per share after its previous bid was rejected as too low, Bloomberg reported on Tuesday, citing a person familiar with the matter. After Amgen's unsolicited offer of $120 per share was turned down, Onyx said in June it was seeking takeover bids from other potential buyers. The $130 offer is currently the highest bid on the table for Onyx, according the anonymous source, the report said. A spokeswoman for Amgen, the world's largest biotechnology company, declined to comment on the report. ... Full Story | Top |
| Golds pummeled as TSX hits three-week low in broad selloff Tuesday, Aug 06, 2013 02:02 PM PDT  By John Tilak TORONTO (Reuters) - Canada's main stock index fell on Tuesday to a more than three-week low as economic news from Europe and the United States dented the safe-haven appeal of bullion and sent shares of gold miners tumbling. Nearly every major sector was down as Canadian stocks resumed trading after Monday's civic holiday. Data showed German industry orders in June posted their biggest rise since October, and British manufacturing grew much more strongly than expected in June. Meanwhile, the U.S. ... Full Story | Top |
| Tribesmen shoot down Yemeni army helicopter, nine dead Tuesday, Aug 06, 2013 01:34 PM PDT SANAA (Reuters) - At least nine Yemeni military personnel were killed on Tuesday when tribesmen shot down an army helicopter in central Yemen where gunmen had repeatedly blown up oil pipelines, a military source said. The government has been frustrated by repeated attacks on Yemen's main oil export pipeline, often carried out by disgruntled tribesmen seeking personal gain or trying to force authorities to release jailed relatives. ... Full Story | Top |
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