Energy Update
By the time this column is published, oral arguments in the legal challenge to the Clean Power Plan will have already been made. The en banc panel of 10 appeals court judges is not likely to render its decision before the New Year. No matter the opinion, it will be appealed to the U.S. Supreme Court.
LONDON, Sept 29 (Reuters) - Britain's top share index
approached a 1-1/2 year high on Thursday, boosted by heavyweight
oil companies after a decision by OPEC to curb output for the
first time since 2008.
DETROIT, Sept 29 (Reuters) - Electric carmaker Tesla Motors
Inc. Chief Executive Elon Musk told employees in an
email to follow company policy of not offering discounts on new
cars, responding to some investors' concerns about the practice.
Here we are again. Election 2016. Deemed “the most important election of our lifetimes” — the same claim made about the 2000, 2004, 2008, and 2012 Presidential elections. As usual, each side is predicting that if their candidate’s opponent wins, we will witness the end of American democracy as we know it.
Sept 29 (Reuters) - Chesapeake Energy Corp said it
received a subpoena from the U.S. Department of Justice seeking
information on the accounting methodology for the acquisition
and classification of oil and gas properties.
WASHINGTON, Sept 29 (Reuters) - The chairman of the U.S.
Senate Foreign Relations Committee said on Thursday he had tried
to find a compromise before Congress' rare override of a
presidential veto of a bill that allows relatives of Sept. 11
victims to sue Saudi Arabia.
According to the latest conclusions of the 46th World Economic Forum (2016), climate changes and reducing its effects, for the first time, are top-ranked in terms of the major risks facing the worldwide economy. It has available an important solar and wind potential, which will allow Morocco to achieve 52 percent of its electrical power from renewable energy in 2030.
French multinational oil major Total continues to diversify and adapt to changing market, industry and political conditions by making strategic investments across the renewable energy value chain. Total Energy Ventures, the corporation's venture capital (VC) arm, joined AutoGrid's Series C-2 funding round as a strategic investor, the Redwood City, Calif.-based developer of distributed energy resource management systems, announced Sept. 16.
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