Energy Update

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(Wed, 07 Dec 2016) Distributed solar capacity in the United States, which includes all solar power capacity other than utility-scale installations 1 MW or larger, totaled 12.3 gigawatts (GW) as of September. About 30% of that amount (3.7 GW) was owned by third-party owners. Third-party owners are private companies that provide either solar electricity or equipment to generate it to building owners or tenants, typically with little or no upfront costs.

WELLINGTON, Dec 7 (Reuters) - New Zealand Prime Minister
John Key may have shocked an entire nation with his abrupt
decision to step down, but for one small North Island community,
the move was timed to perfection.

SEOUL, Dec 7 (Reuters) - South Korea's central bank on
Wednesday said any reduction in China's exports to the United
States would hamper shipments from Asia's fourth-largest economy
as it would cut demand for Korea's intermediary goods.

SINGAPORE, Dec 7 (Reuters) - Oil prices fell on Wednesday on
persistent doubts a planned crude production cut led by OPEC and
Russia would be deep enough to end a supply overhang that has
dogged markets for over two years.

LONDON, Dec 6 (Reuters) - OPEC will achieve some but not all
of the production cuts the organisation agreed last month,
according to an informal survey of energy professionals
conducted after the agreement was announced.

Chevron announced a $19.8bn capital and exploratory investment program for 2017. Included in the 2017 program are $4.7bn of planned affiliate expenditures.

N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering, have secured substantial funding from the Data Lab Innovation Centre for an innovative research project to automate subsea pipeline inspection.

Dec 6 (Reuters) - An environmental group said on Tuesday it
filed a lawsuit against De Beers Canada, accusing the diamond
producer of failing to report toxic levels of mercury and
methylmercury at its Victor diamond mine in northern Ontario.

Dec 6 (Reuters) - Latin America will play an increasingly
important role in Barrick Gold's growth strategy, the
world's biggest gold miner said on Tuesday as it named a new
director with decades of mining experience in that region.

WASHINGTON/CANNON BALL, N.D., Dec 6 (Reuters) - The company
building the Dakota Access Pipeline turned to a federal judge
late on Monday for a permit to finish the job after the federal
government ruled against the controversial pipeline.

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