Energy Update
NEW YORK, Jan 10 (Reuters) - The decline in U.S. crude
output that began amid a global slump in oil markets in mid-2014
appears finally to be over, the U.S. government said on Tuesday,
as higher oil prices and increased drilling activity are set to
boost output for this year.
CALGARY, Alberta, Jan 10 (Reuters) - A Canadian
environmental group on Tuesday filed a legal challenge against
the regulatory review of TransCanada Corp's Energy East
pipeline, seeking to restart what it calls a process tainted by
bias.
WASHINGTON, Jan 10 (Reuters) - U.S. Secretary of State John
Kerry on Tuesday warned of the dangers of authoritarian populism
and offered a thinly veiled critique of Donald Trump's prolific
use of Twitter, saying it allowed the president-elect to avoid
accountability.
NEW YORK, Jan 10 (Reuters) - The U.S. Energy Information
Administration expects U.S. crude oil production in 2018 to rise
by 300,000 barrels per day (bpd) year-on-year, according to its
monthly short term energy outlook released on Tuesday.
LONDON/MILAN, Jan 10 (Reuters) - Britain's FTSE 100
blue-chip index hit fresh record highs on Tuesday, boosted by
gains among retailers, while a rally in mining stocks more than
offset weaker financials, helping European shares end slightly
in positive territory.
California’s three major utilities have proposed plans to move Californians to electricity prices that vary with the time of day. Time-of-use pricing (TOU) is critical to aligning our energy use with times when clean, cheap electricity powered by sunshine and wind is already available.
JAKARTA, Jan 10 (Reuters) - Indonesia will issue new rules
for miners this week, the mining minister said late on Tuesday,
which will cover contracts and permits, exports, taxes,
divestment obligations and domestic processing requirements,
among other issues.
GANDHINAGAR, Jan 10 (Reuters) - Indian Prime Minister
Narendra Modi told a gathering of business leaders on Tuesday
that the country was on the verge of becoming the world's most
digitized economy, and avoided direct mention of the economic
hit from demonetisation.
CALGARY, Alberta, Jan 10 (Reuters) - A Canadian
environmental group on Tuesday will file a legal challenge
against the regulatory review of TransCanada Corp's
Energy East pipeline, it said, seeking to restart what it calls
a process tainted by bias.
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