Energy Update
NEW YORK, Sept 21 (Reuters) - Drivers from Tennessee and
Georgia to New Jersey may soon breathe a collective sigh of
relief as service is restored on Colonial Pipeline, cutting
gasoline prices that have surged following a leak on the key
line.
CARACAS/HOUSTON, Sept 21 (Reuters) - Venezuela's state oil
company PDVSA said on Wednesday it has awarded $3.2 billion in
contracts to drill wells in the Orinoco Belt, although sources
close to the matter said some foreign partners are uncomfortable
with the rushed tender and structural problems that could hinder
projects.
Over the past decade solar costs have declined markedly, but they’re unlikely to continue falling. Thus, revenue from sales of solar electricity will become more important for business success. Revenue in turn depends on receipts per kWh, capacity factor, and tax benefits like accelerated depreciation and the investment tax credit (ITC).
NEW YORK, Sept 21 (Reuters) - The top U.S. securities
regulator on Wednesday charged billionaire investor Leon
Cooperman with insider trading, making him the highest-profile
target in years in Washington's ongoing crackdown on illegal
trading at hedge funds.
The next wave of clean energy policy making will be more focused on energy storage, as evidenced by the release this week of the long-awaited Massachusetts energy storage report, titled “State of Charge.” The study was co-funded by the Massachusetts Department of Energy Resources (DOER) and Massachusetts Clean Energy Center (MassCEC), and it represents a major new policy direction for the state on how to capture the economic and environmental benefits of emerging energy storage technologies.
LAGOS, Sept 21 (Reuters) - Guinness Nigeria
said on Wednesday that is parent Diageo had given it a
$95 million term loan to support its dollar needs through
foreign currency shortages caused by the West African country's
floating of the naira.
COPENHAGEN, Sept 21 (Reuters) - The Danish government is
determined to find an economically viable solution that will
allow A.P. Moller-Maersk's energy arm to continue
production at the Tyra gas field in the North Sea, energy and
climate minister Lars Christian Lilleholt said on Wednesday.
MUMBAI, Sept 21 (Reuters) - India is talking to the United
Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5
million tonnes (mt) of the Mangalore strategic storage, along
with Iranian crude, its oil minister said on Wednesday.
NEW DELHI, Sept 21 (Reuters) - India's government will
partly fund a $2 billion gas pipeline project linking five
eastern states to help kick-start economic growth in a region
that has trailed the rest of the country, the oil minister said
on Wednesday.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.