Energy Update
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.
DOHA, Oct 31 (Reuters) - Qatar's Nebras Power plans to
acquire a 35.5 percent stake held by French utility Engie
in Indonesia's largest independent power producer PT
Paiton Energy by the end of 2016, the CEO of Nebras said on
Monday.
BERLIN, Oct 31 (Reuters) - Cabin crew union UFO has called
off planned strikes at Lufthansa's budget unit
Eurowings for this week, the union said in a letter to members.
Plans to convert a coal-fired power plant in Oregon into what would be the nation’s largest biomass facility will be tested before year’s end when 8,000 tons of toasted wood thinned from a national forest is burned to ensure compatibility with the power plant’s equipment.
TBILISI, Oct 31 (Reuters) - Georgia's economic growth rate
slowed to 1.5 percent year-on-year in September from 2.9 percent
the month before, the National Statistics Service said on
Monday, highlighting the impact of a fall in exports and
remittances.
Elon Musk showcased his ambitions to make Tesla Motors Inc. a clean-energy behemoth Friday, unveiling a new “solar-roof” product at Universal Studios in Los Angeles.
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