Energy Update
BERLIN, Nov 2 (Reuters) - Euro zone states should implement
structural reforms to sustain the economic upswing driven by the
European Central Bank's expansionary policy which should be
curtailed as it threatens financial stability, German economic
experts said on Wednesday.
A report from the independent German think-tank Agora Energiewende has concluded that projected increases in self-consumption through solar PV power systems in the country does not mean upsetting dynamics of the nation’s renewable energy surcharges.
LONDON, Nov 2 (Reuters) - Trade is growing between Britain
and Iran and the government is working to resolve banking sector
concerns which are limiting its further expansion, British trade
minister Liam Fox said on Wednesday.
BEIJING, Nov 2 (Reuters) - An explosion at a coal mine in
China has killed 33 people, media reported on Wednesday after
rescuers recovered the bodies of 15 miners missing since
Monday's blast.
* Output reached 11.2 mln bpd in October
* Energy Ministry expects further rise in 2017
* Increase in drilling supporting output growth
* Russian President Vladimir Putin has offered Lukoil the
chance to take part in the privatisation of top oil
producer Rosneft, Vedomosti reports, citing unnamed
sources.
(Wed, 02 Nov 2016) The consumption of U.S. finished motor gasoline reached a new high of 9.7 million barrels per day (b/d) in June 2016, surpassing the previous one-month high of 9.6 million b/d set in July 2007. U.S. gasoline consumption during summer 2016 (June through August) increased by 169,000 b/d, or 1.8%, relative to the same period in 2015.
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