Energy Update
Deep down in the small village of Tikoishi, in Kajiado county about 100 kilometers off Nairobi city, both men and women are leaving to tell stories of their sleepless nights and battles with the wild animals to protect their livestock.
BRASILIA, Dec 12 (Reuters) - President Michel Temer,
fighting for survival over corruption allegations against him
and his government, is planning new measures to jump start a
stalled economy, improve his dismal approval ratings and stifle
calls for his resignation.
Dec 12 (Reuters) - Privately held power developer Deepwater
Wind said on Monday that commercial operations had begun at its
Block Island Wind Farm, which will deliver electricity into New
England's grid.
WASHINGTON/NEW YORK, Dec 12 (Reuters) - Contenders for
President-elect Donald Trump's two top diplomatic roles, Rex
Tillerson and John Bolton, will face a tough review in
confirmation hearings in a U.S. Senate led by Trump's fellow
Republicans, as support grew in Congress on Monday for a full
review of possible Russian meddling in America's elections.
CARACAS, Dec 12 (Reuters) - Venezuelans are hastily dumping
the country's 100 bolivar bill because leftist President Nicolas
Maduro is pulling the largest note in currency out of
circulation despite having one of the world's highest inflation
rates.
DUBAI, Dec 12 (Reuters) - Dubai's government said on Monday
it had agreed to invest $33.5 million in the pilot projects and
prototypes of 19 companies as part of a new drive to develop its
technology sector.
KAMPALA, Dec 12 (Reuters) - Uganda on Monday started up its
first grid-connected, 10 megawatt solar power plant as the east
African country moves to tap its renewable energy resources and
expand its electricity generation capacity.
BEIJING, Dec 12 (Reuters) - China's Sinopec
has sold a 50 percent stake in its Sichuan-East China
gas pipeline to China Life Insurance and SDIC's transportation
business in a deal that values the asset at 45.6 billion yuan
($6.6 billion).
LAUNCESTON, Australia, Dec 12 (Reuters) - The global crude
oil market is starting to resemble a gigantic game of chess,
with a bold opening gambit by OPEC and its allies giving them an
advantage, but the game is still far from checkmate.
BEIJING, Dec 12 (Reuters) - China's Sinopec
said on Monday it had sold a 50-percent stake in its
key Sichuan-East China gas pipeline to China Life Insurance and
SDIC's transportation unit for 22.8 billion yuan ($3.3 billion).
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