Energy Update
MOSCOW, Oct 6 (Reuters) - The Russian government on Thursday
instructed the board of state oil firm Rosneft to
approve the purchase of a 50.1 percent stake in smaller oil firm
Bashneft for a price not higher than 330 billion
roubles ($5.3 billion).
MOSCOW, Oct 6 (Reuters) - The Russian government plans to
sell a stake in top oil firm Rosneft in November, TASS
news agency cited Russian Economy Minister Alexei Ulyukayev as
saying on Thursday.
LAUNCESTON, Australia, Oct 6 (Reuters) - It's around about
now that liquefied natural gas (LNG) spot prices usually start
rising in Asia ahead of winter demand, and this year looks set
to hold to the pattern, although any relief for producers is
likely to be short-lived.
BARCELONA, Oct 6 (Thomson Reuters Foundation) - A new global
agreement to tackle climate change will take effect on Nov. 4
after the accord crossed an important threshold for support late
on Wednesday.
NEW YORK/HOUSTON, Oct 6 (Reuters) - Robust Asian demand for
West African crude is fueling a worldwide surge in shipping
rates for the largest oil tankers that is being felt from
Houston to Singapore.
MOSCOW, Oct 6 (Reuters) - Russian oil producer Rosneft
may pay up to 330 billion roubles ($5.29 billion) for
a controlling stake in mid-sized oil company Bashneft, Interfax
news agency cited two sources familiar with the planned deal as
saying on Thursday.
Zero-emission electric vehicles charge along the street. People walk along LED-lighted sidewalks. A commuter train drops travelers off from the airport to enjoy dinner at a corner cafe. And the houses? They're entirely powered by sunshine.
India’s largest power generator, which is spearheading Prime Minister Narendra Modi’s ambitious clean-energy goals, is expanding its solar target and slowing down development of its coal-based plants on concerns that the cost of renewables will be cheaper than conventional energy.
U.K. energy markets regulator Ofgem will start a tender round to sell five links to the power grid for offshore wind farms on Oct. 10, which have a total value of 2 billion pounds ($2.6 billion).
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