Energy Update
A boom in solar energy in Texas is about to spoil power generators’ favorite time of day. Developers are expected to build about 4 GW of commercial-scale solar PV capacity in the Lone Star state by the end of the decade, according to a report by Bloomberg New Energy Finance Tuesday.
NEW YORK, Oct 13 (Reuters) - A U.S. government forecaster on
Thursday said the chance has increased for weather phenomenon La
Nina developing in the coming months in the Northern Hemisphere
fall and persist into winter 2016-17.
SOFIA, Oct 13 (Reuters) - Bulgaria's anti-monopoly
commission has "convincing evidence" that six oil companies
operating in the Balkan country's retail fuel market were
involved in cartel agreements on fuel prices, the watchdog's
chief said on Thursday.
LAGOS/LONDON, Oct 13 (Reuters) - When around 100 Nigerian
youths staged a protest calling on Central Bank Governor Godwin
Emefiele to resign over the slide in the naira, bank officials
were keen to play it down.
MOSCOW, Oct 13 (Reuters) - Russian equity capital market
deals may expand by roughly one quarter to $2.5 billion next
year as investor appetite picks up despite Western sanctions and
a sluggish economic recovery, investment bank VTB Capital
predicts.
NEW YORK, Oct 13 (Reuters) - A U.S. government weather
forecaster raised its outlook on Thursday for La Nina conditions
in the coming months, saying the weather phenomenon is likely to
develop in the Northern Hemisphere fall and favored to persist
into the winter 2016-17.
Speculation over a fourth-quarter benchmark settlement near $200/mt in the Asian seaborne coking coal market has Central Appalachian sources talking of strengthening Central Appalachian thermal prices through the winter, with pricing potentially approaching $70/st.
NEW DELHI, Oct 13 (Reuters) - Russian oil major Rosneft
, along with European trader Trafigura and Russian fund
UCP, will acquire 98 percent in India's Essar Oil for about
$12-$13 billion including debt, two sources familiar with the
deal told Reuters on Thursday.
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