Energy Update
India will invest 127 billion rupees ($1.8 billion) on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean-energy capacity to 175 GW by 2022.
JAKARTA, Dec 23 (Reuters) - Indonesia is considering
allowing some exports of mineral ores such as bauxite and nickel
under certain conditions, the country's mining and energy
minister said on Friday.
BEIJING, Dec 23 (Reuters) - China told its companies on
Friday they need to pay attention to the latest U.N. sanctions
on North Korea, especially those related to coal, to avoid any
unnecessary economic losses.
Holiday lights add a significant additional level of electricity demand during the start of winter when cold weather is already driving up load.
MOSCOW, Dec 23 (Reuters) - Russian President Vladimir Putin
said on Friday that evidence against former economy minister
Alexei Ulyukayev, who was accused of attempting to extort a
bribe from a major oil firm, justified his dismissal in
November.
MOSCOW, Dec 23 (Reuters) - The Russian state budget has
received a payment from the Qatar Investment Authority (QIA) and
commodities trader Glencore to pay for a stake in oil
giant Rosneft, President Vladimir Putin said on
Friday.
SHANGHAI, Dec 23 (Reuters) - China stocks ended the week on
a bearish note, with the key CSI300 Index hitting a two-month
closing low to cap its third straight week of declines, as
concerns of tighter regulatory supervision weighed on brokerages
and insurers.
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