Energy Update
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).
A data center hosting company and provider of software-as-a-service (SaaS) to power and energy sector companies and market players, Open Access Technology International (OATI), expects to commission an in-house designed and built hybrid microgrid at its new 110,000 square-foot corporate office and data center facility in Bloomington, Minn., in about a month.
SYDNEY, Oct 6 (Reuters) - South Australia's power outage
last week has highlighted a political row between the country's
federal and state governments over renewable energy that will
likely limit action following an emergency meeting of ministers
on Friday.
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.
Oct 6 (Reuters) - Australian shares recovered some ground on
Thursday, tracking Wall Street and driven by financial stocks,
after strong U.S. economic data and sharp gains in oil prices
hinted at a recovering global economy.
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.
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