Energy Update
WASHINGTON, Dec 13 (Reuters) - U.S. Senate Democrats plan to
enlist accountants and legal experts to pore through the
business records of Exxon Mobil Chief Executive Rex
Tillerson, President-elect Donald Trump's pick for secretary of
state, Democratic aides said.
SINGAPORE, Dec 14 (Reuters) - Oil prices fell on Wednesday
following a reported rise in U.S. crude inventories and an
estimate that OPEC may have produced more crude in November than
previously thought, potentially undermining a planned output
cut.
LONDON, Dec 13 (Reuters) - Saudi Arabia has transformed
sentiment in the oil market by assembling an unprecedented
coalition of oil producing countries to agree output cuts in
2017.
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP).
Dec 13 (Reuters) - President-elect Donald Trump will name
first-term Republican U.S Representative Ryan Zinke of Montana,
a former Navy SEAL commander, as his interior secretary,
according to media reports on Tuesday.
SEOUL, Dec 14 (Reuters) - South Korea aims to vault from
laggard to leader in the renewable energy industry, as Seoul
prepares to hook the country's tech giants up to nearly $40
billion in public funds in a bold plan to become a new global
leader in green power.
CORONADO, Calif., Dec 13 (Reuters) - The governors of the
three U.S. West Coast states on Tuesday vowed to step up their
efforts to fight climate change in the face of the incoming
administration of President-elect Donald Trump, who has
dismissed global warming as a hoax.
Dozens of wineries in Australia’s premier wine state are harnessing the sun’s power for purposes beyond growing grapes. South Australian wineries are embracing solar energy at twice the rate of other business sectors, installers say.
TORONTO, Dec 13 (Reuters) - Canada's main stock index rose
to a fresh 19-month high on Tuesday, led by gains in heavyweight
energy and banking stocks, while materials stocks weighed.
The U.S. Department of Energy’s Sandia National Laboratories on Dec. 6 said it signed a cooperative research and development agreement with the government of Singapore’s Energy Market Authority (EMA) that will tap into the labs’ expertise in energy storage.
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