Energy Update
CALGARY, Alberta, Oct 31 (Reuters) - The Canadian government
on Monday approved the C$1.3 billion ($968.78 million) expansion
of a natural gas gathering pipeline in western Canada belonging
to a wholly owned subsidiary of TransCanada Corp, with
36 conditions attached.
LONDON, Oct 31 (Reuters) - Oil prices are set to remain
under pressure until Saudi Arabia and the rest of OPEC prove
they can show how they will remove enough barrels from the
market to accelerate the rebalancing process.
NAIROBI, Oct 31 (Thomson Reuters Foundation) - Fuel-seller
Nancy Kaisa has for years used solar power to light her premises
at the Entasopia shopping centre in Kajiado, in southern Kenya.
But recently she's started using energy from a solar mini-grid
system to operate her fuel pumps and meet her other energy
needs, ditching her diesel generator.
WASHINGTON, Oct 31 (Reuters) - U.S. diplomat Thomas Shannon
will travel to Venezuela on Monday to meet with senior
government officials and members of the political opposition,
the State Department said, amid weeks of protests that have
roiled the South American OPEC nation.
DUBAI, Oct 31 (Reuters) - Royal Dutch Shell and trading
house Vitol are stepping up their operations in the port of
Fujairah to store Iraqi crude as production from the OPEC member
rises, industry sources said.
The dramatic transformation that China's vast refining landscape has undergone in the last year is rewriting the market dynamics for oil trade flows in Asia.
Although a number of independent power producers have made a foray into East Africa’s renewable energy market, they still face challenges that governments in the region need to address to ensure the fast deployment of clean energy technologies.
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