Energy Update
This was supposed to be solar’s moment. Residential panel installations in the U.S. grew 71 percent in 2015 as the falling cost of panels made the power they generate more competitive. In December, Congress unexpectedly extended a tax credit set to expire at the end of 2016. Panel buyers will get reimbursed for 30 percent of the cost of new solar panels through 2019 and at least 22 percent through 2021.
PARIS, Oct 20 (Reuters) - French utility EDF has
postponed the restart of its 900 MW Gravelines 2 reactor from
Oct. 27 to Nov. 15, an update on grid operator RTE's website
showed on Thursday.
DHAKA, Oct 20 (Reuters) - Bangladesh Petroleum Corp (BPC)
has issued an international tender to import oil products as
part of efforts to buy at cheaper rates by moving away from
direct-term deals with suppliers of fuel products.
DHAKA, Oct 20 (Reuters) - Bangladesh Petroleum Corp (BPC)
has issued an international tender to import oil products as
part of efforts to buy at cheaper rates by moving away from
direct-term deals with suppliers of fuel products.
BERLIN, Oct 20 (Reuters) - Germany's DIHK Chambers of
Industry and Commerce has raised its 2016 growth forecast for
Europe's largest economy to 1.9 percent from a previous estimate
of 1.5 percent, but said the longer-term outlook was clouded.
LONDON, Oct 20 (Reuters) - British engineering firm Senior
Plc warned its annual profit would come in below
expectations due to lower demand for parts used in heavy truck
production and oil and gas markets.
Oct 20 (Reuters) - Mining and trading giant Glencore Plc
said it agreed to sell its coal haulage business in New
South Wales for A$1.14 billion ($874.4 million) to Genesee &
Wyoming Inc.
By Susan Mathew
Oct 20 (Reuters) - Southeast Asian stock markets were
subdued on Thursday as investors trod carefully before the final
U.S. presidential debate while strong U.S. earnings and an
overnight rally in oil supported broader sentiment.
Since most recent opinion polls have favoured Democrat
Hillary Clinton, the market's focus had been on whether
Republican rival Donald Trump would be able to use the final
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