Energy Update
KIRKUK, Iraq, Oct 24 (Reuters) - At least 100 fighters
sneaked into Kirkuk in the early hours of Friday with machine
guns, rocket propelled grenades, suicide vests and a message:
"Islamic State has taken over."
NEW YORK, Oct 24 (Reuters) - U.S. oil and gas industry
workers have contributed only slightly more money to the
campaign of Democrat Hillary Clinton than to Republican Donald
Trump since the two clinched their parties' nominations for the
White House, according to Reuters' review of federal
disclosures.
VIENNA, Oct 24 (Reuters) - Russia's energy minister said on
Monday he was confident his country would reach an agreement
with the Organization of the Petroleum Exporting countries
(OPEC) to cooperate on oil markets after OPEC announced it was
planning a production cap.
VIENNA, Oct 24 (Reuters) - Russia's energy minister
Alexander Novak told reporters on Monday that Russia considered
oil output freeze to be an effective tool for stabilising global
oil markets.
LONDON, Oct 24 (Reuters) - Oil prices have re-established
their role as the key driver of market-based inflation
expectations in the euro zone, potentially bolstering a
perception that the European Central Bank could start to wind
down its bond-buying stimulus scheme.
Prime Minister Narendra Modi’s government is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials.
KUALA LUMPUR, Oct 24 (Reuters) - Malaysia is considering halting the annual Formula One Grand Prix race after its contract ends in 2018 due to declining ticket sales and TV viewership.
The barriers to offshore wind are formidable. Yet, after many years of delays and cost increases, there are signs of progress. Offshore wind bids coming out of Europe suggest that steep cost reductions are at hand; the most recent of those bids, for a 350 MW near-shore project off the coast of Denmark, came in at a record-low of just $67 per MWh. These and other developments hold promise for further cost reductions in the years and decades ahead.
When you think of Colorado, images of snow-capped mountains and lush evergreen forests may come to your mind. But Colorado’s forests have been under attack. It began more than two decades ago when severe drought led to an infestation of mountain pine beetles, spruce beetles, and other pests. The beetle infestation, over time, killed millions of acres of lodgepole pine trees and other tree species.
Finnish Valmet and Danish HOFOR Energiproduktion A/S have signed a €150 million (US$163 million) contract for development of a state-of-the-art biomass combined heat and power plant for Copenhagen, Denmark.
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