Energy Update

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SINGAPORE, Dec 20 (Reuters) - Oil prices eased on Tuesday as
traders began to unwind positions in the run-up to the year-end
holiday season.

Dec 19 (Reuters) - Honda Motor Co Ltd said customer
deliveries of its hydrogen fuel-cell car, dubbed Clarity Fuel
Cell, began on Monday at select Honda dealerships across
Southern California.

Researchers at the U.S. Department of Energy’s (DOE’s) Argonne National Laboratory have conducted a detailed study of the reflectivity effects of converting land to grow biofuel crops.

SINGAPORE, Dec 20 (Reuters) - Oil prices moved very little
on Tuesday, with liquidity fading in the run-up to the Christmas
weekend.

A transformation is happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.

Dec 19 (Reuters) - U.S. President Barack Obama is preparing
to block the sale of new offshore drilling rights in much of the
U.S. Arctic and parts of the Atlantic, Bloomberg reported,
citing two people familiar with the decision.

Japan's petroleum company Idemitsu Kosan has completed acquisition of 31.2% stake in refiner Showa Shell Sekiyu from Shell for JPY159bn ($1.4bn).

About 50 percent of U.S. residents are not great candidates for rooftop solar. They may live in an apartment, they may have a very shaded roof, or they may have a very small electric bill. The best option for these people may be some kind of shared solar power system. Community Solar, or Solar Gardens, is a great solution for this segment of the population.

NEW YORK, Dec 19 (Reuters) - The founder of an oil and gas
networking website accused of hacking into a rival site he had
created and sold to DHI Group Inc pleaded guilty to a
computer fraud charge on Monday, prosecutors said.

The 88-MW Mount Coffee hydropower plant in Liberia has gone into operation after extensive modernization, with startup of the first turbine-generator unit celebrated Dec. 15.

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