Energy Update
Australian National University is mapping potential short-term off-river pumped hydro energy storage sites in the country to determine how this technology can support high levels of renewable energy in the grid.
Nov 8 (Reuters) - The U.S. Energy Information Administration
expects U.S. crude oil production for 2016 and 2017 to fall by
less than previously expected, according to its monthly short
term energy outlook released on Tuesday.
ZURICH, Nov 8 (Reuters) - A long-awaited deal for miner
Anglo American to sell its Australian coal assets to a
consortium headed by private equity group Apollo Global
Management is off, two sources with knowledge of the
matter said on Tuesday.
MOSCOW, Nov 8 (Reuters) - Italian banks, including Intesa
Sanpaolo, will provide Russia's Yamal LNG project with
more than 400 million euros ($440 million) in 2017, the RIA
news agency cited Russian Economy Minister Alexei Ulyukayev as
saying on Tuesday.
($1 = 0.9050 euros)
BRUSSELS, Nov 8 (Reuters) - A new, profit-based tax regime
for the Russian oil industry is critical to support the use of
modern, high-cost technologies and maintain oil production,
Leonid Fedun, a vice president at oil producer Lukoil
, said on Tuesday.
BRASILIA, Nov 8 (Reuters) - President Michel Temer said on
Tuesday he expects Brazil's economy to emerge from a severe
recession in the second half of next year, later than expected
by most economists.
ANKARA, Nov 8 (Reuters) - Turkey expects the first unit of
its planned $20 billion Akkuyu nuclear power plant, being built
in collaboration with Russia, to be online by the end of 2023,
energy minister Berat Albayrak said on Tuesday.
Join us on Twitter on Tuesday, Nov. 22 at 11 a.m. EST to explore the path for large renewable energy infrastructure progress in the near and long term.
BRUSSELS, Nov 8 (Reuters) - European Union finance ministers
agreed on Tuesday new targeted sanctions against Crimean
officials, adding to restrictive measures adopted after Russia's
annexation of Crimea in 2014.
ABU DHABI, Nov 8 (Reuters) - Failure to implement a deal
agreed in Algiers in September to cut oil output would bring
negative consequences to an already fragile oil industry, the
secretary-general of the Organization of the Petroleum Exporting
Countries (OPEC) said on Tuesday.
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