Energy Update
CALGARY, Alberta, Oct 19 (Reuters) - Enbridge Inc,
Canada's largest pipeline company, is laying off 5 percent of
its work force after an organizational review, a spokeswoman
said on Wednesday.
CARACAS, Oct 19 (Reuters) - A congressional probe led by
Venezuela's opposition accused the country's giant state oil
company PDVSA of corruption on Wednesday over an allegedly
unaccounted $11 billion of funds while powerful official Rafael
Ramirez was at its helm from 2004 to 2014.
Statkraft opened its renovated and expanded 350-MW Nedre Rossaga hydropower station on Oct. 18.
RIO DE JANEIRO, Oct 19 (Reuters) - Brazilian oilworkers'
unions said they rejected a sweetened pay offer from Petroleo
Brasileiro SA in annual salary talks on Wednesday,
raising chances of a second major strike in two years at the
state-led oil company.
ABUJA, Oct 19 (Reuters) - Nigeria needs more time to
negotiate a railway concession project with U.S. company General
Electric, the transport minister said on Wednesday.
Oct 19 (Reuters) - Southern California Gas said on Wednesday
it completed safety review tests at most of its wells at the
Aliso Canyon natural gas storage facility in Los Angeles, which
shut in October 2015 following a massive methane leak that was
not plugged until February.
Sonnen GmbH, a German solar energy storage maker that competes against Tesla Motors Inc.’s Powerwall battery, may pursue an initial share sale as early as 2017 to develop additional services.
2016 will be remembered as “the year U.S. offshore wind arrived,” as Block Island Wind Farm, a 5-turbine 30 MW offshore-wind project, arose off Rhode Island’s coast this summer and will soon power the grid. Relatively modest in scale, this wind farm's christening carried significance greater than its size. The first "steel in the water" for U.S.
CARACAS, Oct 19 (Reuters) - Venezuelan President Nicolas
Maduro will visit OPEC and non-OPEC countries in coming days to
push a deal to stabilize oil markets and will also travel to key
financier China, as the cash-strapped nation seeks to ease a
steep recession.
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