Energy Update
Sept 15 (Reuters) - Oil and natural gas producer Ophir
Energy Plc said on Thursday two consortia were bidding
for an engineering contract over the upstream portion of its
Fortuna Floating Liquefied Natural Gas platform (FLNG) in
Equatorial Guinea.
Sept 15 (Reuters) - Oil producer EnQuest Plc said it
ended talks with Israeli conglomerate Delek Group Ltd
regarding a potential stake sale in an oilfield in the North
Sea.
ASTANA, Sept 15 (Reuters) - Kazakhstan's economy ministry
has based its medium-term economic outlook on a Brent crude
price of $35 per barrel, it said on Thursday, implying
reduced earnings from oil and gas exports and putting pressure
on the tenge exchange rate.
(Thu, 15 Sep 2016) Many electric customers lost service as Hurricane Hermine made landfall in Florida and moved over portions of several southern states in early September. Electricity use in the city of Tallahassee, Florida dropped rapidly in the hours after the hurricane's landfall around midnight on September 2, falling to less than 20% of forecast normal hourly demand. Service was not back to near normal levels until at least three days later.
(Thu, 15 Sep 2016) The U.S. Energy Information Administration (EIA) today released the full Annual Energy Outlook 2016 (AEO2016), which focus on the factors expected to shape U.S. energy markets through 2040. The projections provide a basis for examination and discussion of energy market trends and serve as a starting point for analysis of potential changes in U.S. energy policies, rules, and regulations, as well as the potential role of advanced technologies.
In the past, THEnergy has already worked with an international investor who focuses on large-scale off-grid installations. Investments of USD 12-18 million per project were identified as the “sweet-spot.” “In the project screening process, we have come
LAUNCESTON, Australia, Sept 15 (Reuters) - When government
policies are driven by populist politics, it is almost certain
to lead to poor outcomes and a low standard of debate, as shown
by the current conundrum in Australia's natural gas sector.
HONG KONG, Sept 15 (Reuters) - Fast-food giant McDonald's
Corp has received final offers from at least three
bidding groups for its China and Hong Kong outlets, with global
private equity firms Carlyle Group and TPG Capital
teaming up with Chinese partners for the business worth up to $3
billion, sources told Reuters.
BEIJING, Sept 15 (Reuters) - Typhoon Meranti slammed into
southeastern China on Thursday, bringing strong winds and
lashing rain and cutting power in what state media said was the
strongest storm of the year globally, but there were no
immediate reports of casualties.
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