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UK urged to fast-track carbon-capture plans

U.K. ministers should accelerate funding for carbon-capture and storage projects by Drax Group Plc and SSE Plc to kick-start a technology that’s vital for climate protection, a panel of lawmakers said.  More »

First Solar joins developers saying dumping probe flawed

First Solar Inc., one of the largest suppliers of photovoltaic panels to India, challenged in court the findings of a government probe that said U.S. and Asian suppliers dumped products in the local market.  More »

China solar makers seek talks to resolve trade dispute with US

China’s biggest solar-panel makers are seeking talks to end a trade dispute with the U.S. before an American probe into the Asian country’s exports reaches an initial conclusion in June.  More »

Millennials spurning Silicon Valley for oil patch

Mark Hiduke just raised $100 million to build his three-week-old company. This 27-year-old isn’t a Silicon Valley technology entrepreneur. He’s a Texas oilman.  More »

Shale boom lures developer for $500M North Dakota project

A Swiss developer is planning to build a $500 million real estate project in Williston, North Dakota, where a surging energy industry is leading to a population boom and rising property demand.  More »

US natural gas won’t replace Russian supply as Europe seeks options

U.S. exports of liquefied natural gas won’t be able to replace Russian exports to Europe as the Ukrainian crisis threatens to disrupt flows to the region.  More »

Shell considers retiring California coker amid shale boom

Royal Dutch Shell Plc, Europe’s biggest oil company, is considering retiring one of two coking units at its only refinery in California as the company seeks to run lighter crude at the plant.  More »

GE’s $17 billion energy merger in jeopardy (photos)

General Electric Co. (GE), seeking approval from France’s government for its $17 billion Alstom SA (ALO) energy bid, is in early-stage talks with nuclear-plant maker Areva SA (AREVA) and other French companies about asset sales or partnerships, people familiar with the matter said.  More »

Natural gas bets drop to five-month low on US supply

Faster-than-expected gains in U.S. natural-gas inventories are easing concern that a shortage is looming next winter, spurring speculators to cut bullish bets.  More »

Average US gasoline price falls in Lundberg Survey

The average price for regular gasoline at U.S. pumps fell 3.49 cents in the past two weeks to $3.6876 a gallon, according to Lundberg Survey Inc.  More »

Moody’s: Some utilities would benefit from lengthy Russia gas outage

Higher gas prices would lift power costs in nations where gas is the “marginal fuel,” such as the U.K. and Italy, Moody’s analysts Paul Marty and Monica Merli in London said in a report e-mailed Friday.  More »

Piping Tamar gas to Egypt may boost another Israeli site

A deal to pipe natural gas from Israel’s Tamar gas field to Egypt may spur development of a larger reserve nearby, benefiting partners in both discoveries.  More »