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Controversial Dakota pipeline to go ahead after Army approval

By Valerie Volcovici and Ernest Scheyder WASHINGTON/HOUSTON (Reuters) – The U.S. Army will grant the final permit for the controversial Dakota Access oil pipeline after an order from President Donald Trump to expedite the project despite opposition from Native American tribes and climate activists. In a court filing on Tuesday, the Army said that it would allow the final section of the line to tunnel under North Dakota's Lake Oahe, part of the Missouri River system. Energy Transfer …

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Controversial Dakota pipeline to go ahead after Army approval

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Samsung Electronics warns of political risks as chips boost Q4 profit

Samsung Electronics Co Ltd on Tuesday said it expects profit growth in 2017 despite challenges arising from political uncertainty, after record chip earnings glossed over the Note 7 smartphone fiasco in the fourth quarter. The South Korean tech giant and Apple Inc rival …

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Samsung Electronics warns of political risks as chips boost Q4 profit

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More businesses must work with suppliers to curb climate change: study

Too few businesses are working with their suppliers to reduce greenhouse gas emissions, according to study that praised 29 companies including General Motors , Sky and Sony Corp for taking the lead. “The supply chain is the new frontier in environmental responsibility – an area rich with opportunity that remains mostly unexplored,” non-profit group CDP, formerly known as the Carbon Disclosure Project, wrote in its report published on Tuesday.

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More businesses must work with suppliers to curb climate change: study

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

The Japanese government and a Hitachi Ltd unit will compile a package worth around 1 trillion yen ($8.5 billion) for a UK nuclear power plant project, a government official involved in the project said on Thursday. The Japan Bank for International Cooperation and the Development Bank of Japan will provide financing for the project, the official told Reuters. The funding plans are a boost for the project, one of several new nuclear plants planned

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

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BP approves investment in Egypt gas field 15 months after discovery

British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery. BP, which declined to give an investment figure for the project, said the field was on track to deliver its first gas in the first half of 2018, set to pump 300 million cubic feet a day of gas to the Egyptian market. BP decided in November to fast-track the development of Atoll, estimated to contain 1.5 trillion…

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BP approves investment in Egypt gas field 15 months after discovery

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Panama Canal expansion exposes U.S. infrastructure, shipper woes

The Bayonne Bridge outside New York and New Jersey terminals is too low. Delayed port fixes, a freighter glut and a wobbly global economy mean that, in the short term, the benefits of the expanded waterway along

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Panama Canal expansion exposes U.S. infrastructure, shipper woes

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Obama rejects Keystone XL pipeline in win for greens

U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. “The pipeline would not make a meaningful long-term contribution to our economy,” Obama told a press conference. The denial of TransCanada Corp's more than 800,000 barrels per day project will make it more difficult for producers to develop the province

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Obama rejects Keystone XL pipeline in win for greens