Energy Update

You are here

Home » Global Read

Argentina says auction results in $1.8 bln in alt energy investments

BUENOS AIRES, Oct 7 (Reuters) - Argentina expects to receive
investment of $1.8 billion after auctioning off 1,109 megawatts
worth of alternative energy projects, mostly in wind and solar,
Undersecretary of Renewable Energy Sebastian Kind said on
Friday.

UPDATE 1-Spain's Repsol provides $1.2 bln credit line for Venezuela oil JV

CARACAS, Oct 7 (Reuters) - Spain's Repsol is
providing a credit line of up to $1.2 billion to boost oil
output at a joint venture it runs with Venezuelan state oil
company PDVSA, the companies announced on Friday.

US mission at the IEF: Promote transparency and innovation in energy markets

The US is the world’s largest consumer of oil, as well as one of its largest producers, making it uniquely positioned at the recent International Energy Forum in Algiers.

Venezuela PDVSA says bond swap legal

CARACAS, Oct 7 (Reuters) - Venezuela's state oil company
PDVSA said on Friday its ongoing bond swap was
"perfectly legal," hitting back at subsidiaries of U.S. oil
company ConocoPhillips that sued it this week saying the
operation was fraudulent.

U.S. oil rig count extends recovery amid crude rally -Baker Hughes

Oct 7 (Reuters) - The number of rigs drilling for oil in the
United States rose this week, extending one of its best
recoveries with no cuts for 15 straight weeks, with analysts
expecting more additions after crude prices climbed back over
$50 a barrel.
Drillers added three oil rigs in the week to Oct. 7,
bringing the total count up to 428, the most since February, but
still below the 605 rigs seen a year ago, according to energy

Landmark Change for Renewable Gas Markets in the UK

Renewable gas holds a nascent status in the UK, but a recent change in rules for reporting greenhouse gas emissions may provide a promising route for its expansion via enabling large consumers to demonstrate reduction in their carbon footprints by using biomethane.

EUROPE POWER-French spot power prices jump to four-year high on nuclear outage worries

* Forward prices down alongside fuels

(Adds details, price updates)

UL Acquires AWS Truepower

Global safety science provider UL has acquired engineering firm AWS Truepower, in a move that will strengthen UL’s full lifecycle solutions for the wind and solar energy sectors.

7 Solar Myths — Busted

The U.S. solar industry expects to install a record-breaking number of solar panels in 2016, a 94 percent increase from last year. In fact, the U.S. is now producing more solar panel systems than natural gas power plants. But although the demand for solar panels is growing and the installation price is dropping, urban legends still remain.

Azerbaijan says Istanbul OPEC, non-OPEC meeting on Oct. 12 - report

MOSCOW, Oct 7 (Reuters) - Azerbaijan's Energy Ministry said
on Friday a meeting between members and non-members of oil
cartel OPEC would take place in Istanbul on Oct. 12, Russia's
RIA news agency reported.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos