Energy Update
Mobile pay-as-you-go solar pioneer d.light on Sept. 21 announced that it has raised $15 million in Series D equity from KawiSafi Ventures Fund, Energy Access Ventures, Omidyar Network and NewQuest Capital Partners, as well as $2.5 million in debt funding raised through SunFunder.
NEW YORK, Sept 30 (Reuters) - U.S. oil drilling has seen its
best quarter since crude prices tumbled two years ago mainly due
to small operators returning to the well pad, but analysts say
the continued recovery in the rig count depends on whether
OPEC's output reduction plan can bring the market back to $50 a
barrel.
SOCHI, Russia, Sept 30 (Reuters) - Russia has decided to
reopen the privatisation of mid-size oil firm Bashneft and will
not stop the country's largest crude company Rosneft from taking
part in the sale, First Deputy Prime Minister Igor Shuvalov said
on Friday.
(Adds Permian rigs)
Sept 30 (Reuters) - U.S. drillers in the third quarter added
the most oil rigs of any quarter since 2014, according to a
closely followed report on Friday, but the pace of additions has
slowed as crude holds below $50 a barrel despite OPEC's first
plan in eight years to cut output.
Drillers added seven oil rigs in the week to Sept. 30,
bringing the total rig count up to 425, the most since February
In a new report, the International Energy Agency said that renewable energy occupied a 17 percent share of global energy investments in 2015, up slightly from 16 percent in 2014.
UNITED NATIONS, Sept 30 (Reuters) - United Nations
Secretary-General Ban Ki-moon announced on Friday that he would
establish an internal U.N. board of inquiry to investigate a
deadly attack on a humanitarian aid convoy in Syria and urged
all parties to fully cooperate.
LONDON, Sept 30 (Reuters) - OPEC's oil output is likely to
reach its highest in recent history in September, a Reuters
survey found on Friday, as Iraq boosted northern exports and
Libya reopened some of its main oil terminals.
Sept 30 (Reuters) - U.S. drillers in the third quarter added
the most oil rigs of any quarter since 2014, according to a
closely followed report on Friday, but the pace of additions has
slowed as crude holds below $50 a barrel despite OPEC's first
plan in eight years to cut output.
Drillers added seven oil rigs in the week to Sept. 30,
bringing the total rig count up to 425, the most since February
MILAN, Sept 30 (Reuters) - Asian liquefied natural gas (LNG)
gas prices rose this week on fresh Indian and ongoing South
Korean demand as a forthcoming production outage in Australia
was set to curb global supply.
DAKAR, Sept 30 (Reuters) - The United States military said
on Friday it is building a $100 million temporary base for
surveillance drones in Agadez, central Niger, to help the West
African country combat militant groups and protect its borders.
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