Energy Update
NEW YORK, Dec 21 (Reuters) - Brazilian construction firm
Odebrecht SA and affiliated petrochemical company
Braskem SA pleaded guilty in a U.S. court on
Wednesday to violating American foreign bribery laws as part of
a deal resolving a sweeping corruption probe of Brazil's state
oil company.
LONDON, Dec 21 (Reuters) - OPEC and non-OPEC oil producers
have agreed to reduce their combined output by more than 1.7
million barrels per day for six months from January 2017.
DUBAI, Dec 21 (Reuters) - Saudi Arabia's stock market rose
on Wednesday on the eve of the government's release of its 2017
budget, and Egypt's extended a bull run fuelled by foreign money
and last month's float of the Egyptian pound.
I promised to describe A Republican Energy Efficiency Reinvestment Act (AREER); the beginning of an idea I thought would fit neatly within the policy parameters of the incoming administration.
COPENHAGEN, Dec 21 (Reuters) - Danish utility and wind farm
developer DONG Energy, whose listing in June was one
of the biggest IPOs globally this year, raised its full-year
earnings forecast on Wednesday, helped by the sale of a stake in
its UK offshore wind farm.
COPENHAGEN, Dec 21 (Reuters) - Danish utility and wind farm
developer DONG Energy raised its full-year earnings
forecast on Wednesday and announced the sale of a stake in its
UK offshore wind farm.
BRUSSELS, Dec 21 (Reuters) - The European Commission has
recommended keeping import duties and a minimum price for solar
panels and cells from China for two more years, according to
documents seen by Reuters.
ABUJA, Dec 21 (Reuters) - Nigeria is trying to import more
jet fuel but air travelers tired of delays must be patient as a
shortage of foreign currency will continue to hurt the airline
industry, the minister of aviation said.
Like a lot of Americans who work in clean energy, I worried coming into the election about what a Trump presidency might mean for our industry and all of the public benefits it provides.
Total has agreed to acquire nearly 23% stake in US based Tellurian Investments for $207m to develop an integrated gas project.
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