Energy Update

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PARIS, Oct 3 (Reuters) - French energy utility EDF
will be able recover about 1 billion euros ($1.12 billion) from
customers following a retroactive increase in bills decided by
France's highest administrative body.

DUBAI, Oct 3 (Reuters) - Iran's President Hassan Rouhani
told his Venezuelan counterpart Nicolás Maduro in a phone call
that it was essential for oil producing countries to take a
decision to raise the price of oil and stabilise the market,
Iranian state news agency IRNA said.

WASHINGTON, Oct 3 (Reuters) - The United States has not been
contacted by Philippines defense authorities about President
Rodrigo Duterte's comments on ending joint military exercises,
the U.S. State Department said on Monday, noting it expected
Manila to live up to its commitments.

MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company
Pemex has issued $4 billion in bonds and repurchased
debt worth $1.5 billion as part of a plan to strengthen its
finances, Chief Financial Officer Juan Pablo Newman said on
Monday.

Wind was the cheapest source of energy in Argentina’s first power auction after the country implemented reforms designed to transform its fossil fuel-dependent grid.

Australia’s Prime Minister Malcolm Turnbull stepped up his government’s attack on renewable energy by seizing on a storm-driven blackout in the mainland state that’s most reliant on wind and solar generation.

Have you ever stared out of your airplane window during takeoff? You’re most likely faced with the acres of clear land surrounding the runway or the expansive roofs of various airport terminals. Just imagine the power that could be gained if all of that empty space were used for renewable energy purposes.

BOGOTA, Oct 3 (Reuters) - Colombia's government and Marxist
FARC guerrillas scrambled on Monday to revive a plan to end
their 52-year war after voters rejected the hard-negotiated deal
as too lenient on the rebels in a shock result that plunged the
nation into uncertainty.

Every year the solar industry gathers for North America’s largest annual conference, Solar Power International. The event, which attracts nearly 18,000 solar developers, installers, lenders, investors, and other important stakeholders, is hosted by the Solar Energy Industries Association and the Smart Electric Power Association.

SAO PAULO, Oct 3 (Reuters) - Brazil's Braskem SA,
Latin America's largest petrochemical producer, said on Monday
it had entered talks with the U.S. Department of Justice and the
Securities and Exchange Commission regarding an internal graft
probe started in 2015.

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