Energy Update
Nova Lumos Netherlands Holding B.V. raised $90 million from a mix of private equity investors and development banks to deploy pay-as-you-go solar power systems in Nigeria.
CANNON BALL/WEST FARGO, N.D., Dec 2 (Reuters) - More than
2,000 U.S. military veterans are expected to join a protest at a
camp in North Dakota on Friday where thousands of activists,
braving frigid conditions, are demonstrating against a pipeline
project near a Native American reservation.
SEOUL, Dec 2 (Reuters) - South Korea's SK Holdings Co Ltd
said in a regulatory filing on Friday it had
submitted a non-binding bid to purchase Daesung Industrial
Gases, without elaborating.
(Fri, 02 Dec 2016) The first commercial U.S. offshore wind farm, Block Island, is scheduled to come online in late 2016. Located three miles off the southeastern coast of Rhode Island, Block Island consists of five wind turbines that will produce 30 megawatts of electricity. The electricity will be used on Block Island, where electricity is currently supplied by diesel-powered generators.
SYDNEY, Dec 2 (Reuters) - Australia will spend A$1.3 billion
($965.3 million) in the next five years to improve the water
quality and wellbeing of the Great Barrier Reef to prevent the
World Heritage Site being placed on the United Nation's "in
danger" list.
SINGAPORE, Dec 2 (Reuters) - Oil prices slipped on Friday as
some investors opted to cash out after Brent touched 16-month a
high on Thursday, with optimism over this week's OPEC-Russia
accord on cutting output giving way to questions on the
"sticking point" of implementing the deal.
SINGAPORE, Dec 2 (Reuters) - Oil prices extended gains early
on Friday as producer cartel OPEC and Russia agreed to rein in a
global oversupply in crude on Wednesday with analysts now
focusing their attention on implementation of the deal.
Dec 1 (Reuters) - U.S. President-elect Donald Trump is
considering Goldman Sachs Group President and Chief
Operating Officer Gary Cohn for energy secretary, Fox Business
Network reported on Thursday, citing unnamed sources.
Subsea 7 has been awarded a sizeable contract by Woodside Energy for the Greater Western Flank Phase 2 Project, offshore Australia.
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