WELLINGTON, New Zealand (AP) — Shares in a state-owned New Zealand power company rose 9 percent in their stock market debut, giving a boost to the government's asset sale plans.
WELLINGTON, New Zealand (AP) — New Zealand's government says it has raised more than a billion dollars from the contentious sale of a 49 percent stake in a state-owned power company.
A Royal Dutch Shell source said the company would shift its Australian head Ann Pickard to lead the company's explorations in the U.S. Arctic Ocean, The Wall Street Journal reports.
A report from the Australian-based Climate Commission found China has made strides to lead on climate change policy in the last nine months but global greenhouse gas emissions continue to surge, AFP reports.
SYDNEY (AP) — Woodside Petroleum Ltd. has shelved its proposed 45 billion Australian dollar ($47 billion) liquefied natural gas plant near the Australian northwestern coastal town of Broome.
Salaries for foreign oil workers are surging worldwide, allowing skilled foreign workers to make thousands more than their local counterparts, FuelFix reports.
A report from Australia's Climate Commission contended that a four-month heat wave and flooding during the country's summer was driven by climate change, The New York Times reports.
UNITED NATIONS (AP) — The Marshall Islands and other low-lying island nations appealed to the U.N. Security Council to recognize climate change as an international security threat that jeopardizes their very survival.
NEW YORK (AP) — Chevron Corp. posted a 41 percent gain in net income for the fourth quarter as the company produced more oil and gas, improved the performance of its refinery business and realized a gain from swapping assets in an Australian natural gas field.
Halliburton Co. deployed its first cleaning unit designed to remove contaminants from water used in hydraulic fracturing in Australia, Bloomberg reports.
The United States and the European Union plan to negotiate settlements with China for the import of cheaper Chinese solar panels into Western markets, The New York Times reports.
The Supreme Court declined to hear a case from an Alaskan village arguing it should be allowed to sue energy companies for climate change damages, Reuters reports.
Business and policy groups including the Business Roundtable and the Chamber of Commerce called on the Senate to approve the Shaheen-Portman energy efficiency bill, The Hill reports.
Alaska Gov. Sean Parnell told the Interior Department his administration is willing to invest up to $50 million in an assessment of oil reserves of the Arctic National Wildlife Refuge, Bloomberg reports.
Republicans on the Senate Environment and Public Works Committee called on the EPA to suspend rulemaking for stormwater runoff until the agency opens the process to small businesses.
