Energy Update
Global Trends in Renewable Energy Investment 2016’s list of top 10 developing countries with renewable energy sector investment in 2015 included Latin American countries Brazil ($7.1 billion), Mexico ($4 billion), and Chile ($3.4 billion).
The expression, "Crisis brings opportunity and change", sums up the current situation in the Brazilian aluminum industry perfectly.
MUMBAI, Sept 20 (Reuters) - A unit of India's Adani
Enterprises Ltd will buy the company that operates
Australia's Abbot Point Coal Terminal from Glencore Plc
for A$19.25 million dollars ($14.52 million), ending a legal
wrangle over control of the port.
LAUNCESTON, Australia, Sept 20 (Reuters) - Thermal coal has
been one of the commodity success stories this year, but there
is a risk that it becomes a victim of its own success by eating
into its advantage over liquefied natural gas (LNG) in
generating electricity.
BENGHAZI, Libya Sept 20 (Reuters) - Libya's Arabian Gulf Oil
Company (AGOCO) said on Tuesday its output had risen to 210,000
barrels per day (bpd) after production resumed at the Nafoura
and Hamada fields.
SHANGHAI, Sept 20 (Reuters) - China's nuclear developers
must seek the consent of local stakeholders before going ahead
with new projects, according to draft rules published by the
country's cabinet on Monday.
LONDON, Sept 20 (Reuters) - Tight budgets and nervous
investors have convinced major miners that a cheap, timely way
to ensure a strong pipeline of quality assets is to team up with
junior, more nimble exploration firms.
By Aparajita Saxena
Sept 20 (Reuters) - Southeast Asian markets ended mixed on
Tuesday as uncertainty over policy moves by the U.S. Federal
Reserve and the Bank of Japan kept investors on the sidelines.
The Federal Open Market Committee is expected to stand pat
on interest rates, while the BOJ is expected to make crucial
changes to its easing programme.
A Reuters poll of economists found on Tuesday that the BOJ
BRUSSELS, Sept 20 (Reuters) - European Union plans for
financing the decommissioning of nuclear plants in Bulgaria,
Lithuania and Slovakia are inadequate and more resources need to
be put aside, the European Court of Auditors said in a report.
PARIS, Sept 20 (Reuters) - France's CGT trade union on
Tuesday called its members to down tools at power grid operator
RTE on Sept. 21 to protest the planned sale of about half of the
stake in the company held by state-controlled utility EDF
.
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