Energy Update
HOUSTON, Sept 28 (Reuters) - WTI futures rose 3.6
percent to $46.41 a barrel, while Brent crude rose 3.9
pct to $47.78 a barrel on a Reuters report, citing an OPEC
source, that the group had reached a deal to limit oil
production in November.
BEIJING, Sept 28 (Reuters) - China will impose anti-subsidy
duties of between 10 percent and 10.7 percent on imports of U.S.
animal feed ingredient known as distillers' dried grains (DDGS),
the Commerce Ministry said in a preliminary ruling on Wednesday.
New York City has established new long-term goals for energy storage and solar capacity and is on track to meeting its existing goals for both technologies.
OTTAWA, Sept 28 (Reuters) - Canada's verdict on a plan by
Kinder Morgan Inc to double the capacity of a crude
pipeline will be made on its own merits and is not linked to
Ottawa's approval of a liquefied natural gas project, a senior
official said on Wednesday.
SOFIA, Sept 28 (Reuters) - Bulgaria's parliament voted on
Wednesday to extend state aid to energy firm NEK, which must pay
620 million euros ($694 million) to Russia over a cancelled
nuclear power project.
A proposed 300-MW pumped storage hydropower plant combined with 600-MW solar PV plant is taking shape in Chile. Valhalla, the team behind the Espejo de Terapaca plant said in an interview that it has hired Marathon Capital to help find strategic investors in the project.
OTTAWA, Sept 28 (Reuters) - A decision on a proposed plan by
Kinder Morgan Inc to double the capacity of its Trans
Mountain crude pipeline will be made on its own merits and is
not linked to the government's approval of a major liquefied
natural gas project, Energy Minister Jim Carr told reporters on
Wednesday.
TORONTO, Sept 28 (Reuters) - Canada's Artis Real Estate
Investment Trust is looking to sell retail and
industrial assets in Alberta worth about C$300 million ($227
million) to diversify away from the oil-producing province,
according to two sources familiar with the process.
LONDON, Sept 28 (Reuters) - Britain's blue-chip share index
bounced back from a one-week low on Wednesday as engineering
firm Smiths Group surged after posting
higher-than-expected profits and miners tracked stronger metals
prices.
Sept 28 (Reuters) - U.S. crude oil stocks fell for the
fourth straight week as imports dropped, while gasoline stocks
increased and distillate inventories fell, the U.S. Energy
Information Administration said on Wednesday.
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