Energy Update
What will Donald Trump actually do? It’s a question many Americans are asking themselves now that the U.S.
TOKYO, Nov 16 (Reuters) - U.S. crude futures slipped on
Wednesday after an industry report showed an unexpected build in
U.S. oil stocks, paring some of the gains from the session
before when prices rose by the most since early April.
U.S. Secretary of the Interior Sally Jewell on Nov. 10 said that the Bureau of Land Management has finalized a rule that creates a new competitive leasing process and incentives for solar and wind energy development on public lands.
The Canadian Wind Energy Association said Nov. 3 that a provincial leader in Alberta made a major policy pronouncement at the final day of the association's 32nd Annual Conference and Exhibition in Calgary.
Turns out that Americans are a bit overly optimistic about the role that renewable energy plays in the U.S. The average American believes that 20 percent of the country’s energy use comes from renewables—11 percent from solar and 9 percent from wind.
Nov 15 (Reuters) - TransCanada Corp has halted its
offer of lower tolls to move natural gas in Canada, a company
executive said on Tuesday, closing the door to shippers who
balked at prices they have said are still too high.
Nov 15 (Reuters) - Exxon Mobil Corp is negotiating
with Chad over a record $74 billion fine the U.S. oil company
was told to pay by a court in the central African nation over
unpaid royalties, Bloomberg reported on Tuesday.
WASHINGTON, Nov 15 (Reuters) - U.S. lawmakers passed bills
on Tuesday renewing sanctions on Iran for 10 years and imposing
new sanctions on Syria, underscoring their determination to play
a strong role in Middle East policy no matter who occupies the
White House.
Nov 16 (Reuters) - From India's plan to plumb in over 100
million toilets in six years to China's ambitious new Silk Road
network and the continued movement of millions of people into
cities across Asia, plastic makers face years of strong demand.
NEW YORK, Nov 15 (Reuters) - State-controlled Petróleo
Brasileiro SA will stick to a $15.1 billion asset sale goal for
the two years ending in 2016, Chief Executive Officer Pedro
Parente said on Tuesday, signaling the Brazilian oil producer is
making headway on a drastic downsizing plan.
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