Engineer-contractor giant cited project impacts and less-than-expected energy business earnings, but market watchers see key areas of growth next year.
The 30-year contract will enable new transmission infrastructure in a country that expects a peak load power demand spike of 21,075 MW by 2033 from 1,606 MW reported in 2013, with the first major project set near Nairobi.
Re-elected president is set to relax fossil fuel development curbs, including lifting a pause on approvals to build liquefied natural gas export terminals and a broader realignment of permitting and regulatory approaches, but states and advocacy groups are stepping up action on climate change.
US auction of first Atlantic Ocean floating wind project sites gains buyers, but market players show caution in facing impact of changed political support
Data errors inflated projections in Texas and Florida of lead-lined drinking water pipes needing fix funding, according to new agency Inspector General report.
A new report identifies Hurricane Maria as instigating the failure, while possible impacts of the radio telescope's electromagnetic radiation on its zinc components remain hypothesized but unproven.