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Tuesday, May 29, 2012 3:11 AM PDT

UPDATE 1-World to gain from gas glut if regulation right Reuters - UK Focus via Yahoo! UK & Ireland Finance Tue, 29 May 2012 02:38 AM PDT * Unconventional gas glut to mainly benefit U.S., China -IEA * Strict regulation needed to develop shale gas sector * U.S. to become world's top gas producer -IEA * Gas share in global energy mix could ... China paying billions for oil deals in the Americas CNN Money Tue, 29 May 2012 02:38 AM PDT Eager to feed its growing energy appetite, China's worldwide buying binge for oil and other energy assets is spreading to North and South America. Anger over agency's shale report BBC News Tue, 29 May 2012 02:38 AM PDT The International Energy Agency has infuriated environmentalists with a report on what it calls the "golden age" of gas. World to gain from gas glut if regulation right Reuters via Yahoo! UK & Ireland News Tue, 29 May 2012 02:32 AM PDT OSLO (Reuters) - A boom in unconventional natural gas over the next 20 years could see the United States and others benefit from cheaper energy while the importance of the Middle East declines, the International Energy Agency (IEA) said on Tuesday. Growth in shale and other newly available forms of natural gas in the United States and China could match gains made in conventional gas in Russia ... Energy assistance available for low-income, elderly Fond du Lac Reporter Tue, 29 May 2012 02:30 AM PDT The deadline for the Low-Income Home Energy Assistance Program for elderly and low-income households has been extended to May 31. Pakistan court shuts plants, angers US investor Erie Times-News Tue, 29 May 2012 02:28 AM PDT David Walters saw a business opportunity where few other foreign investors would dare to tread: Pakistan's power sector. He forecast profit by importing power stations, linking them to the national grid and selling the electricity to the energy-starved country. American Companies Beating Europe to First Commercial CCS Plant Bloomberg Tue, 29 May 2012 02:22 AM PDT Companies in the U.S. and Canada are likely to beat European rivals in building the first large-scale project trapping carbon dioxide to sequester underground, Bloomberg New Energy Finance said. Norfolk university technical college bid approved by government EDP24 - Eastern Daily Press Tue, 29 May 2012 02:22 AM PDT A multi-million pound university technical college, hoping to make Norfolk a world-class centre for energy, engineering and advanced manufacturing, has been approved. Moody’s assigns Aa3 to 1MDB Energy notes The Edge Tue, 29 May 2012 02:21 AM PDT PETALING JAYA: Moody’s Investors Service has assigned an Aa3 rating to the US$1.75 billion (RM5.5 billion) notes due in 2022 issued by 1MDB Energy Ltd, a unit of 1Malaysia Development Bhd (IMDB). Orange Beach hotels get state loans to save energy Mobile Press-Register Tue, 29 May 2012 02:20 AM PDT ORANGE BEACH, Alabama -- Three Gulf-front hotels have received a total of $272,541 in state loans to finance major energy efficiency improvements, according to Innisfree Hotels and the Alabama Department of Economic and Community Affairs.

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