Energy Update
TRIPOLI/TUNIS Dec 30 (Reuters) - Libya's Government of
National Accord (GNA) and central bank in Tripoli say they have
agreed to work together to tackle urgent economic problems in
2017, creating a potential lifeline for the U.N.-backed GNA.
Dec 30 (Reuters) - The U.S. oil rig count ended 2016 just
below year-ago levels as drillers added rigs this week as part
of the biggest recovery since a global oil glut crushed the
market over two years.
Drillers added two oil rigs in the week to Dec. 30, bringing
the total count up to 525, the most since December 2015 and 11
shy of the 536 rigs seen at the end of 2015, energy services
firm Baker Hughes Inc said on Friday.
Macquarie Group Ltd. bought a 50 percent stake in the Race Bank offshore wind farm being developed in the U.K. North Sea from Dong Energy A/S for 1.6 billion pounds ($2 billion).
Ohio Governor John Kasich rejected a bill to extend a freeze on a law that requires utilities in the state to buy more electricity from renewable sources including wind and solar power.
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.
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.