Energy Update
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.
LONDON, Oct 19 (Reuters) - Exxon Mobil's boss Rex
Tillerson and Saudi Arabia's energy minister on Wednesday took
opposing views on declining investment in the oil sector setting
the stage for a possible major supply crunch.
LISBON, Oct 19 (Reuters) - - The problem with coal's
spectacular rally this year is that it's largely a Chinese
political phenomenon, and what Chinese politicians give they can
just as easily take away.
ZURICH, Oct 19 (Reuters) - Switzerland has given Brazil
access to the bank accounts of Brazilian politicians and
executives at Petrobras that could shed light on
allegations of corruption at the state oil group, the Swiss
Office of the Attorney General (OAG) said.
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