Energy Update
Jan 5 (Reuters) - U.S. crude oil inventories fell sharply as
higher refining runs prompted a surge in gasoline and distillate
stocks in the last week of 2016, the Energy Information
Administration said on Thursday.
COLOMBO, Jan 5 (Reuters) - Sri Lanka has delayed a joint
venture with China Merchants Port Holdings Company Ltd
to develop a port in its south, where China has also offered to
build an investment zone, a top government official said on
Thursday.
The first time I watched William Kamkwamba’s entertaining and motivating TED talk from 2007, I found myself moved to tears. At the age of 14, Kamkwamba, an inventor from Malawi, built a wind turbine for his family’s farm based on plans from a book in the library.
AMSTERDAM, Jan 5 (Reuters) - A Dutch court on Thursday
upheld a government decision to cap production at the offshore
Groningen gas field, a step aimed at easing the risk of
earthquakes triggered by drawing gas from Europe's biggest
field.
On Dec. 29, the Pakistan Water and Power Development Authority (WAPDA) announced it is moving forward with a modernization project at the 1,000-MW Mangla hydroelectric project to increase the facility’s generating output by 310 MW at an estimated cost of Rs 52.224 billion (US$769 million).
In another shining example of renewable energy leadership, in 2016, Germany used more renewable electricity than ever before, receiving 32 percent of the gross amount of electricity consumed in the country from sun, wind and other renewable sources.
LAMU, Kenya, Jan 5 (Thomson Reuters Foundation) - When Walid
Amed Ali stands beside the only window in his tiny office, he
looks out on an almost perfect world on the Kenyan island of
Lamu where his family has lived for generations.
LONDON, Jan 5 (Reuters) - Sucessive annual cuts in mining
exploration bugets are expected to add impetus to a metal price
revival in the coming years, as a lack of investment exacerbates
deteriorating ore quality for key metals such as copper, zinc
and nickel.
Lobbying and legal challenges are important components of any successful strategy to maintain the pace of the transition to a low-carbon economy; however, what will ultimately win the day is engaging the public—defenders and deniers-- in a rational and resonating dialogue.
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