Energy Update
Maybe it’s the nature of the “new”: Although the renewable energy movement has been gathering momentum for several decades now, it’s still the young citizens who are primarily transforming the industry, and pushing for greater innovation and higher adoption rates.
Nov 10 (Reuters) - British oil and gas explorer Ophir Energy
Plc said it had signed an agreement with OneLNGSM, a
joint venture between units of Golar LNG Ltd and
Schlumberger, to develop the Fortuna project in
Equatorial Guinea.
LONDON, Nov 10 (Reuters) - The oil market risks running
another surplus in 2017 without an output cut from OPEC, as
producers around the globe ramp up supply and demand growth
falters, the International Energy Agency said on Thursday.
PARIS, Nov 10 (Reuters) - French gas and power group Engie
said on Thursday that its EBITDA measure of core
earnings fell 2 percent to 7.7 billion euros ($8.4 billion) and
said the full-year result would be at the lower end of it
forecast range.
FRANKFURT, Nov 10 (Reuters) - SMA Solar, the
world's largest maker of solar inverters, sees no immediate
impact on its U.S. business from Donald Trump's victory in the
presidential election there, its chief executive said on
Thursday.
(Thu, 10 Nov 2016) U.S. coal production dropped by more than 10% in 2015 to 897 million short tons (MMst), the lowest production level since 1986. Production in all three major coal-producing regions (the Appalachian, the Interior, and the Western) declined, as consumption of coal for electric power generation, industrial, and other uses fell by 13% to 798 MMst in 2015.
The October edition of our “Top 5 Hybrid Energy News” features KarmSolar, SolarAfrica, Singita, Tesla, Sungrow, Aquion Energy, Blue Sky Utility, Bpi, Luxor Solar, Juhayna, and Alpha Omega Winery.
Nov 9 (Reuters) - The surprising victory by Native American
and environmental groups in September to delay the Dakota Access
Pipeline may turn out to be short-lived, after Donald Trump's
unexpected win in the U.S. presidential election.
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