Energy Update

You are here

ACCRA, Dec 15 (Reuters) - The World Bank Group said on
Thursday it two of its units would provide another $517 million
to Ghana in debt and guarantees to support the $7.7 billion
Sankofa oil and gas project developed by Italy's ENI SpA
and upstream trader Vitol Ghana.

Microgrids are not new. Hospitals, universities, government buildings and military bases have relied on backup generators and central heat and power (CHP) systems for years. But the emergence of renewable energy, especially solar PV, and a heightened need for more reliable and resilient electricity supply has in the last few years catapulted microgrids into the limelight.

SAO PAULO, Dec 15 (Reuters) - Prosecutors on Thursday
charged former Brazilian President Luiz Inacio Lula da Silva,
his wife and a former finance minister with more corruption
charges in the investigation of graft at state-run oil company
Petrobras.

Lithium-ion batteries may grab a lot of attention in the conversation about energy storage these days, but on Wednesday panelists at POWER-GEN International shared insights about the benefits to today’s markets for other energy storage technologies, such as pumped storage hydro, flow batteries and compressed air/liquid air.

Policies to support renewable energy adoption have been in place worldwide for more than a decade and as the installed capacity of renewable energy has grown, technology has also improved dramatically.

ACCRA, Dec 15 (Reuters) - The World Bank Group said on
Thursday it would provide $517 million to Ghana in debt and
guarantees to support the $7.7 billion Sankofa oil and gas
project being developed by Italy's ENI and upstream
trader Vitol Ghana.

BRASILIA, Dec 15 (Reuters) - Brazilian President Michel
Temer on Thursday unveiled measures to reduce bureaucracy and
raise productivity to help pull Brazil from its worst recession
on record amid growing popular discontent.

CALGARY, Alberta, Dec 15 (Reuters) - Canadian Natural
Resources Ltd said on Thursday that it expected
2017 production to rise by 6 percent and set its capital budget
for next year at C$3.89 billion ($2.92 billion), a slight
increase from C$3.84 million in 2016.

TRIPOLI, Dec 15 (Reuters) - A group of oil guards in Libya
said on Thursday they had reopened a long blockaded pipeline
leading from the major oil fields of Sharara and El Feel, but an
oil worker said a separate group had prevented a production
restart at El Feel.

KINSHASA, Dec 15 (Reuters) - Authorities in Democratic
Republic of Congo have asked telecoms companies to block social
media networks from Monday, apparently to thwart protests
against plans by President Joseph Kabila to stay in power beyond
the end of his mandate.

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.