Energy Update
CARACAS, Nov 21 (Reuters) - Venezuelan state oil company
PDVSA has activated a 30-day grace period for $404 million in
interest payments on its 2021, 2024 and 2035 bonds, JPMorgan
analysts said in a report on Monday.
TORONTO, Nov 21 (Reuters) - Canada will speed up plans to
virtually eliminate traditional coal-fired electricity by 2030,
the government said on Monday, a stance contrasting sharply with
that of U.S. President-elect Donald Trump, who has pledged to
revive the sector.
WASHINGTON, Nov 21 (Reuters) - President-elect Donald
Trump's shortlist of candidates to lead the U.S. Department of
Interior has employees and environmental advocates fearful of a
shift in the agency's direction, from one focused on preserving
public lands to one that would open them up to more drilling and
mining.
(Adds additional comment from Standing Rock Sioux)
By Chris Michaud and Stephanie Keith
NEW YORK/CANNON BALL, N.D., Nov 21 (Reuters) - Police fired
tear gas and water at hundreds of protesters in the freezing
North Dakota weather late Sunday and early Monday, in the latest
violent clash over a pipeline project running through the state.
An estimated 400 protesters mounted the Backwater Bridge
BRASILIA, Nov 21 (Reuters) - President Michel Temer has
decided his minister in charge of relations with Congress will
continue in his post despite allegations he pressed another
cabinet member to allow a luxury building in a historic
preservation area, a spokesman said on Monday.
Nov 21 (Reuters) - Tropical depression 16 has strengthened
into Tropical Storm Otto east of Nicaragua over the Atlantic,
the U.S. National Hurricane Center (NHC) said on Monday.
RIYADH, Nov 21 (Reuters) - Saudi Arabia will establish a
national program to optimise water and energy consumption, it
announced in a cabinet statement on Monday, further moves in
areas where the government is seeking to cut back huge
subsidies.
By the summer of 2017, solar homeowners could store surplus daytime solar in an ice-based energy storage unit with a 20-year life, for less than half the cost of a battery storing the same solar kilowatt-hours, according to Ice Energy CEO Mike Hopkins.
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