Energy Update
ABUJA, Sept 14 (Reuters) - Nigeria will not increase its
gasoline prices, President Muhammadu Buhari told his oil
minister and state oil firm head, summoned to his villa last
week, sources at the compound said.
BRUSSELS/BEIJING, Sept 14 (Reuters) - A sharp increase in
solar power production in China and a sharp fall in domestic
demand have sparked a sudden surge of cut-price exports,
undermining a China-EU agreement to limit damage to European
producers.
(Wed, 14 Sep 2016) Starting this month, EIA's <em>Drilling Productivity Report</em> (DPR) includes monthly estimates of the number of drilled but uncompleted wells (DUCs) in the seven DPR regions. Estimates will go through the prior month; the September DPR includes estimates through August.
Building a wind farm is no small undertaking. With costs ranging from US $2 million to $5 million per MW installed, the financial backing of a strong insurance partner is a must in order to put stakeholders' minds at ease. But how do insurance companies evaluate risks and determine premium pricing for projects that are "firsts" such as the first U.S. offshore wind farm or the first use of a new MW-class turbine?
Renewable energy is being installed globally at an ever-increasing rate and is driving opportunities for energy storage across all global markets. Here are some key considerations, challenges and use-cases for this important new technology.
LAUNCESTON, Australia, Sept 14 (Reuters) - China's steel and
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
BEIJING, Sept 14 (Reuters) - Chinese prosecutors have
indicted Xu Jianyi, the former chairman of state-owned FAW Group
Corp, on corruption charges, the official Xinhua
news agency said on Wednesday.
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