Energy Update

You are here

TORONTO, Dec 30 (Reuters) - Canada's main stock index dipped
on Friday as resource and financial stocks led broad but modest
declines in the final trading day of the year.

The Hawaiian Electric Companies on Dec. 23 outlined a detailed plan charting the near-term actions that will lead to the use of renewable resources to meet 100 percent of Hawai'i's power generation needs by 2045.

The Agribusiness Development Corporation (ADC) of Hawaii has approved a five-year lease to the Kauai Island Utility Cooperative (KIUC) for development of its 8.3-MW Puu Opae pumped-storage hydro project, according to the Honolulu Civil Beat.

LONDON, Dec 30 (Reuters) - Britain's blue-chip FTSE 100
index closed 2016 at a record high level on Friday, with
a blistering rally in mining stocks and a sharp fall in sterling
after June's shock Brexit vote boosting the market.

* Gold up 9 percent, snaps three years of decline

(Updates TOCOM rubber)

COPENHAGEN, Dec 30 (Reuters) - A spate of last-minute orders
from the United States has put Danish wind turbine maker Vestas
on track for its highest contract intake in six years and eased
some investors' concerns over U.S. energy policy under the
incoming Trump administration.

BEIRUT, Dec 30 (Reuters) - Syrian government forces and
their allies clashed with rebels near Damascus on Friday, and
used helicopter gunships in raids in the area in the latest
violence to disrupt a nationwide ceasefire that otherwise
appeared to hold, monitors said.

LONDON, Dec 30 (Reuters) - Britain's blue-chip FTSE 100
index looked set for a strong finish to 2016 on Friday
after climbing to a record closing high in the previous session,
although the pan-European STOXX 600 index was set for a
slightly weaker ending.

BHUBANESWAR, India, Dec 30 (Reuters) - At least five Indian
miners were killed and nearly two dozen trapped when mine waste
collapsed at a mine run by state-owned Coal India Limited
, police said on Friday.

SINGAPORE, Dec 30 (Reuters) - Crude oil, rubber and metals
were set to end 2016 on Friday with strong gains, bouncing back
from several years of losses on the back of output cuts and
expectations of firmer demand.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.