Energy Update
TORONTO, Jan 3 (Reuters) - Canada's main stock index rose on
Tuesday, touching its highest intraday level in more than 20
months, as financial, gold and energy shares gained on the first
trading day of 2017.
WASHINGTON, Jan 3 (Reuters) - The top U.S. derivatives and
commodities regulator officially offered his resignation on
Tuesday, saying he would step down on Jan. 20, the day of the
presidential inauguration.
The US CFTC acted unanimously to re-propose regulations setting position limits, meant to head off excessive speculation in 25 physical commodity futures and swaps markets.
Former FERC enforcement officials are not expecting the change in administration to greatly impact the commission's watchdog role, but new commissioners could bring nuanced views of what constitutes market manipulation.
The administration of President-elect Donald Trump will be “much more positive than negative” for the nuclear industry, Nuclear Energy Institute President and CEO Marvin Fertel said in an interview.
The U.S. Bureau of Reclamation has awarded a contract worth $6.82 million to Andritz Hydro to modernize and overhaul three original pressure relief valves at the 2,078-MW Hoover Dam.
Queensland, Australia Treasurer Curtis Pitt said in December that the state plans to increase the size of solar power systems eligible for a feed-in-tariff (FiT) from 5 kW to 30 kW in an effort to encourage the uptake of solar.
The Arizona Corporation Commission (ACC) voted 4 to 1 on Dec. 21 to restructure how distributed generation (DG) is compensated and paid for in Arizona.
New solar installations in India this year will reach 9 GW, according to a new report from Mercom Capital Group.
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