Energy Update
Now that the groundbreaking Paris Agreement on climate change has entered into force, how do countries make good on their national commitments to tackle this global threat?
BP Plc will invest $30 million in Fulcrum BioEnergy Inc., which makes biofuel from garbage, in a new partnership designed to curb airplane pollution.
Senators from Maine on Nov. 1 said that the U.S. Department of Agriculture will invest $427,000 to help businesses in the state invest in renewable energy and energy efficiency.
MOSCOW, Nov 10 (Reuters) - Russian Energy Minister Alexander
Novak said on Thursday global crude oil output could be frozen
at November levels if the world's leading oil producers reach an
agreement on Nov. 30.
As a boy growing up in China, Xiaobing Liu knew all about Oak Ridge and the World War II Manhattan Project. He had no idea that he would one day work at the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), the Secret City’s successor.
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.
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