Energy Update
NEW DELHI, Nov 17 (Thomson Reuters Foundation) - Social
enterprises in India could attract up to $8 billion in
investment by 2025, eight times more than in 2015, due to the
scale of social needs and available capital in the fast-growing
economy, a study by consultancy firm McKinsey & Company showed.
SOFIA, Nov 17 (Reuters) - Bulgarian prosecutors charged
former economy and energy minister Rumen Ovcharov on Thursday
over state losses of more than 190 million euros ($204 million)
related to a cancelled nuclear power project with Russia's
Atomstroyexport.
Nov 17 (Reuters) - Suncor Energy Inc ,
Canada's largest oil and gas company, said it expected
production to rise by more than 13 percent next year and
spending to fall by more than C$1 billion ($746 million).
Perpetuus Tidal Energy Centre, a consortium that includes Perpetuus Energy Ltd. and the Isle of Wight Council, today announced a partnership with tidal turbine manufacturers Schottel Hydro GmbH and Tocardo Tidal Turbines to develop a 30 MW tidal project off of the Isle of Wight, England.
(Thu, 17 Nov 2016) Residential heating oil and propane prices have started the winter heating season at levels similar to last winterâs levels, while inventories of both fuels are near or above five-year highs for this time of year. On average, prices for residential heating oil and propane during last winter (October 2015 through March 2016) were the lowest in at least a decade.
SINGAPORE, Nov 17 (Reuters) - A wave that has lifted some
coal prices to more than double in the last six months may be
about to ebb away, turned back by China's move to loosen the
restrictions on domestic mining that first triggered the fuel's
rise.
LONDON, Nov 16 (Reuters) - President-elect Donald Trump is
very unlikely to restrict imports of crude oil from Saudi Arabia
despite threats to do so issued during the election campaign.
SANTIAGO, Nov 16 (Reuters) - Global miner Anglo American
said on Wednesday it was suspending all operations at
its Los Bronces copper mine in central Chile after protesters
seized installations at the mine earlier in the day.
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