Energy Update
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.
(Thu, 06 Oct 2016) During the first six months of 2016, residential customers paid on average 12.4 cents per kilowatthour (kWh), or 0.7% lower than the same period last year. If this trend continues for the rest of 2016, annual average residential electricity prices would decline for the first time since 2002.
BRASILIA, Oct 5 (Reuters) - Brazil's lower chamber of
Congress approved the main points of a bill on Wednesday
removing a requirement that state-led oil company Petrobras be
the sole operator of vast offshore oil reserves in the costly
subsalt layer with a minimum 30 percent stake in their
development.
SAO PAULO, Oct 5 (Reuters) - Brazil's federal police have
requested formal corruption charges against former President
Luiz Inacio Lula da Silva in a case involving contracts obtained
by building and engineering conglomerate Odebrecht in
Angola, a source said on Wednesday.
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