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Veresen to sell its power business for $1.18 bln

Feb 21 Canadian energy company Veresen Inc said on Tuesday it would sell its power generation business, its largest division, for $1.18 billion in three separate deals.

Cemig CFO Castellari leaves for Abu Dhabi's Mubadala -source

SAO PAULO, Feb 21 Paulo Castellari, who was named chief financial officer of Brazilian power utility Cia Energética de Minas Gerais SA (Cemig) only two months ago, is joining Mubadala Development Co PJSC, a source told Reuters on Tuesday.

11:31am GMT

UPDATE 3-Singapore carbon tax would hit refiners, help renewables

* Could indicate longer-term shift to cleaner energy (Adds comment from environmental group)

10:16am GMT

CORRECTED-Nuclear not only problem as Toshiba liable for billions in gas contract

TOKYO, Feb 17 Japan's Toshiba, scrambling to fill the balance sheet hole left by a $6.3 billion hit to its nuclear operations, is also on the hook to pay billions of dollars for a U.S. natural gas contract.

Regulatory News, Japan 9:30am GMT

Australia to vet infrastructure investment for geopolitical risks

SYDNEY, Feb 21 Australia will weigh long-term geopolitical considerations when it vets proposals by foreigners to buy critical infrastructure assets such as power grids and ports, the government said on Tuesday.

4:01am GMT

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