Energy Update
Oct 19 (Reuters) - Halliburton Co, the world's No.2
oilfield services provider, posted a quarterly profit, helped by
cost cuts and increased utilization in North America.
The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy security.
Convinced that a rapid transition away from fossil fuels would be a “win-win” for the city, Amsterdam officials are committed to reducing its greenhouse gas emissions by 80–90 percent by 2050, largely eliminating reliance on fossil fuels.
Enhanced geothermal systems have been touted as an important renewable energy technology for meeting global climate goals, but some concern exists over just how environmentally friendly this technology really is. In anticipation of potential backlash from the anti-fracking community, EGS advocates are working to ensure that this technology can be a viable source of geothermal energy.
By Rushil Dutta
Oct 19 (Reuters) - Most Southeast Asian stock markets ended
higher on Wednesday, with the Philippines gaining 2 percent, as
encouraging Chinese economic data and Wall Street advancing on
solid corporate earnings kept investor sentiment agreeable.
China's economy grew 6.7 percent in the third quarter from a
year earlier, steady from the previous quarter and in line with
market expectations.
An idea that has the potential to create a new clean energy revenue stream from stranded oil assets is being pioneered in Alberta.
KOCHI, India, Oct 19 (Thomson Reuters Foundation) - The
inventor of an innovative solar chick incubator, solar milking
machine and solar-powered boat now has his newest item rolling
onto the streets in this southern Indian city: A solar rickshaw
taxi.
ZURICH, Oct 19 (Reuters) - Syria's President Bashar al-Assad
told a Swiss TV station that government forces had to rid the
city of Aleppo of rebel "terrorists" under its constitutional
mandate to protect the civilian population.
BRATISLAVA, Oct 19 (Reuters) - Slovakia's Nuclear Regulatory
Authority said on Wednesday the expected completion of a third
block at the Mochovce nuclear power plant had been delayed by a
year to November 2017.
It may not change human behavior, but if it did, a recent AAA report on the benefits of premium gasoline might cut into what on paper looks like a pretty profitable business.
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