Energy Update
Electricite du Laos and General Electric have signed a memorandum of understanding to launch joint research and training programs designed to support the development of Laos' hydroelectric power sector and electric grid.
SAO PAULO, Sept 20 (Reuters) - Brazil's state-controlled oil
company Petróleo Brasileiro SA said on Tuesday it
will exit the biofuels sector, as the heavily indebted company
seeks to prioritize investment in crude oil and gas production.
NEW YORK, Sept 20 (Reuters) - Colonial Pipeline Co said on
Tuesday it expects to restart its main gasoline line on
Wednesday after its biggest leak in nearly two decades which led
to a surge in prices at the pump and long lines in the southeast
United States.
In shallow waters off the Dutch coast, you’ll soon see why the world’s biggest carbon market is struggling with slumping prices. Dong Energy A/S plans to build two offshore wind parks there supplying as many as one million homes.
HONG KONG/LONDON, Sept 20 (Reuters) - Holders of Mongolia's
high-yielding dollar bonds are looking beyond a sharp rise in
sovereign default risks on a bet that China or the International
Monetary Fund (IMF) will help the once-booming commodity
producer to stay solvent.
MOSCOW, Sept 20 (Reuters) - The Russian Defence Ministry on
Tuesday rejected assertions that an aid convoy near Aleppo had
been shelled or struck from the air the previous day, saying it
had caught fire instead.
MOSCOW, Sept 20 (Reuters) - Russia's northernmost onshore
oilfield will start production on Wednesday, the Kremlin said on
Tuesday, just days before a major oil producers' meeting.
MOSCOW/LONDON, Sept 20 (Reuters) - A possible deal to
support oil prices by the world's leading producer countries may
last for one year, the secretary-general of OPEC said on
Tuesday, longer than other officials have indicated.
GE Power has secured $800m of new orders across the Asia-Pacific region.
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