Energy Update
Jan 13 (Reuters) - U.S. oil drillers cut rigs this week for
only the second week in the last seven months, likely just a
brief pause in a recovery expected to last into 2018 as shale
producers plan to boost spending as crude prices hold near an
18-month high.
Drillers cut seven oil rigs in the week to Jan. 13, bringing
the total rig count down to 522, compared with 515 rigs seen a
year ago, according to energy services firm Baker Hughes Inc
KADUNA, Nigeria Jan 13 (Reuters) - Hundreds of people have
died in a surge of ethnically-charged violence in Nigeria's
divided heartlands, officials said, piling pressure on a
government already facing Islamist militants in its northeast
and rebels in its oil-rich south.
WASHINGTON, Jan 13 (Reuters) - The Obama administration took
steps on Friday to lift a 20-year trade embargo against Sudan,
unfreeze assets and remove financial sanctions in response to
the east African nation's cooperation in fighting Islamic State
and other groups, a move that angered human rights
organizations.
TORONTO, Jan 13 (Reuters) - Canada's main stock index rose
on Friday, led by the country's heavyweight banks as U.S.
fourth-quarter earnings season kicked off and bond yields rose.
The Weir Group PLC has appointed David Paradis to its Group Executive as President of the Weir Flow Control Division
Global energy consumption from air conditioning and refrigeration may increase more than 450 percent by 2050, and the Energy Department’s Building Technologies Office (BTO) is looking for ways to reduce this energy usage while improving performance.
MOSCOW, Jan 13 (Reuters) - Russia's Gazprom has
acknowledged for the first time a threat to its dominant
position in European gas market from an expected influx of
liquefied natural (LNG) gas produced in the United States under
Donald Trump's administration.
WASHINGTON, Jan 13 (Reuters) - The United States moved to
ease some financial sanctions against Sudan, the White House
said on Friday in response to the east African nation's recent
progress in tackling terrorism.
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics include an innovative utility program in Vermont, the importance of quality in the renewable energy industry and how low PPA prices for solar projects impact the industry. Check it out.
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