pipelines

Shell seeks to cut costs in US shale race

Oil group’s shift to lower-cost Chinese equipment underscores pressure from shareholders to curb spending and improve returns

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Spain’s Abengoa makes U.S. unit’s IPO plans public

April 1 (Reuters) – Spanish renewable energy and engineering firm Abengoa SA made public its U.S. subsidiary’s plans to raise up to $600 million in an initial public offering of ordinary shares.



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Hokkaido Electric in bailout talks

Troubled Japanese utility in talks with Development Bank of Japan about becoming the second rescued utility since the Fukushima disaster

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