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UPDATE 1-Saudi firms bid for 2 million tonnes of carbon credits in Kenya auction

Companies from Saudi Arabia bought more than 2.2 million tonnes of carbon credits on Wednesday as the Kenyan capital hosted what organisers have billed as the world's largest sale of its kind.

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SPECIAL REPORT-Replanting the Amazon could slow climate change. It's harder than it sounds

Milton da Costa Junior nosed his pickup through a remote stretch of the western Brazilian Amazon to check on his babies. The nonprofit organization he works for, Rioterra, has planted millions of young trees in the rainforest as part of an effort to reforest woodland decimated...

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UPDATE 1-SSAB invests SEK 6 bln in Oxelosund mill to cut emissions

Swedish steel maker SSAB will invest 6.2 billion crowns ($611 million) in an electric arc furnace and raw material handling at its Oxelosund mill to slash greenhouse gas emissions, it said on Friday.

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Malaysia to lift export ban on renewable energy in accelerated transition plans

Malaysia will lift a ban on exports of renewable energy as part of efforts to develop its clean power industry and boost generation from non-fossil fuel sources, its economic affairs minister said on Tuesday.

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RPT-INSIGHT-Texas battery rush: Oil state's power woes fuel energy storage boom

BlackRock, Korea's SK, Switzerland's UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power grid problems plaguing the state, according to project owners, developers...

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Norway wealth fund to vote against Chevron, ExxonMobil CEOs being chairs

Norway's $1.4 trillion wealth fund said on Friday it would vote for resolutions urging oil majors Chevron and ExxonMobil to adopt tougher greenhouse gas reduction targets.

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New Zealand's Contact Energy, NZ Steel agree renewable energy deal

New Zealand's Contact Energy (CEN.NZ) said on Sunday it had negotiated to provide 30 megawatts of renewable-generated power to NZ Steel's operations near Auckland, in a move that would cut 800,000 tonnes of carbon emissions.

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Pertamina defers some May gasoline cargoes to June - trade sources

Indonesian state energy company PT Pertamina has deferred some of its gasoline deliveries for May to June after the high-demand season of Ramadan ended, trade sources said.

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Malaysia to lift export ban on renewable energy in accelerated transition plans

Malaysia will lift a ban on exports of renewable energy as part of efforts to develop its clean power industry and boost generation from non-fossil fuel sources, its economic affairs minister said on Tuesday.

Singapore , Malaysia , Kuala-lumpur , Rafizi-ramli , Mei-chu , Kanupriya-kapoor , Reuters , International-renewable-energy-agency , Thomson-reuters-trust-principles , Southeast-asian , Rozanna-latiff , Thomson-reuters-trust

Brazil forest bill aims to unlock carbon credit market

C ompanies with Brazilian forest concessions would be allowed to generate carbon credits under a bill passed by Congress this week that marks a "first step" in regulating the country's voluntary carbon market.

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