Energy Update
China's National Development and Reform Commission (NDRC), the country's top economic planner, has recently issued a draft document seeking opinions on adjusting the feed-in-tariff (FIT) for solar PV systems.
JAKARTA, Oct 31 (Reuters) - Indonesia is offering three new
unconventional oil and gas blocks on the islands of Sumatra and
Kalimantan to potential bidders, an energy ministry official
said on Monday.
ONITSHA, Nigeria, Oct 31 (Reuters) - A Nigerian oil workers
union has confirmed an attack on a pipeline operated by state
oil firm NNPC in the Niger Delta oil hub claimed by a militant
group, an executive said on Monday.
Oct 31 (Reuters) - General Electric Co, banking on a
recovery in oil prices, said on Monday it would merge its oil
and gas business with No. 3 oilfield services provider Baker
Hughes Inc.
Following a surge in demand for solar PV modules between 2012 and 2015, margins increased for top module manufacturers and the supply-demand balance was tightened for the coming years. Across the industry, this supply-demand rebalance gave manufacturers the opportunity to escape—at least temporarily—from the razor-sharp margins usual in commoditized markets.
LONDON, Oct 31 (Reuters) - The U.S., British and Italian
foreign ministers began talks with Libyan Prime Minister Fayez
Seraj on Monday to tackle a political standoff preventing
Tripoli's U.N.-brokered unity government from expanding its
authority outside the capital.
Oct 31 (Reuters) - Britain's largest shale gas developer
IGas Energy Plc said it would continue discussing
options with key stakeholders on capital restructuring, pushing
its shares down 4 percent on Monday.
LONDON, Oct 31 (Reuters) - Britain's latest tender for
offshore exploration permits attracted the lowest interest in 14
years, underlining how the mature North Sea is struggling to
entice explorers to extract the 20 billion barrels of oil
equivalent left untapped.
By Geo Tharappel
Oct 31 (Reuters) - Southeast Asian stock markets ended
Monday flat as oil fell and uncertainty ahead of the U.S.
presidential election prevailed, while a better-than-expected
growth in the U.S. economy improved prospects of a Fed rate
hike.
Federal investigators' new probe related to the email use of
Democratic presidential nominee Hillary Clinton shook markets'
conviction of her victory in the election.
Oct 31 (Reuters) - General Electric Co, banking on a
recovery in oil prices, said on Monday it would merge its oil
and gas business with No. 3 oilfield services provider Baker
Hughes Inc.
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