Energy Update
MISRATA, Libya, Dec 5 (Reuters) - Libyan forces took control
on Monday of the final cluster of buildings where Islamic State
militants were holding out in their former North African
stronghold of Sirte and are securing the area, a spokesman said.
LONDON, Dec 5 (Reuters) - OPEC has finally agreed to cut
production, but only after two years of fruitless negotiations.
So what changed to make an agreement possible now, after it had
eluded negotiators at previous OPEC meetings?
NEW YORK, Dec 5 (Reuters) - Nancy King, global head of
commodities trading at Morgan Stanley, has spent the last few
years remodeling what used to be one of the most profitable
units on Wall Street, by downsizing and focusing on smaller,
smart trades for customers instead of the big, risky bets it
used to make on its own account.
HOUSTON, Dec 5 (Reuters) - The U.S. Army's denial of an
easement for the Dakota Access Pipeline, after permitting and
legal obligations were followed, sets an uncertain precedent for
new projects despite President-elect Donald Trump's promise to
support energy infrastructure.
* Graphic on North Korea's coal exports: http://tmsnrt.rs/2gBHw6G
The University of Washington’s Clean Energy Institute (CEI) will install energy storage at its Washington Clean Energy Testbeds facility in Seattle.
WARSAW, Dec 5 (Reuters) - State-run gas company PGNiG
said on Monday that it had taken legal action against
the European Commission's decision to grant Russia's Gazprom
more transit capacity on the German-based Opal pipeline, the
Polish group said on Monday.
The latest developments in blade pitch technology have opened new opportunities for wind turbine manufacturers. In this two-part article, we will look at five key trends of this rapidly evolving technology and three important insights to keep in mind to make wise pitch system decisions, avoid pitfalls, and choose the right pitch partner.
French utility EDF and German energy storage company STORNETIC have embarked on a joint project that seeks to advance the position of flywheel energy storage technology in meeting the needs of the modern grid.
CANNON BALL, N.D., Dec 5 (Reuters) - Thousands of protesters
in North Dakota celebrated after the federal government ruled
against a controversial pipeline project on Sunday, even though
many recognized that the fight is likely to continue into next
year.
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