Energy Update
SPRING, Texas, Sept 12 (Reuters) - Elizabeth Huber lost her
job inspecting oilfield pipes nearly 20 months ago and her
prospects remain bleak even as oil executives cautiously plot
production and budget increases.
Electric cooperatives arose from New Deal legislation that provided government-backed low-interest loans to bring electricity to rural areas that for-profit companies wouldn’t serve in the 1930s. They were engines of the rural economy.
(Mon, 12 Sep 2016) Interruptions in electricity service vary by frequency and duration throughout the country across the many electric distribution systems that serve roughly 145 million customers throughout the United States. While some distribution customers have backup generators to provide auxiliary power, most customers are simply without electricity when outages occur.
Sept 12 (Reuters) - U.S. solar installations rose 43 percent
in the second quarter, according to a new report, as sharp gains
in large projects for utilities offset slowing growth in
residential systems in top solar market California.
SINGAPORE, Sept 12 (Reuters) - A 40-percent rally since June
in prices for Australian thermal coal due to a jump in Chinese
imports has pushed its premium over Europe to more than $10,
offering miners with easy access to the Atlantic and Pacific
basins opportunities for arbitrage.
Petrobras has signed a memorandum of understanding (MOU) with Norwegian state-owned company Statoil under which the two companies undertake to evaluate partnership opportunities to deepen their strategic actions.
BEIRUT, Sept 11 (Reuters) - Syrian rebel groups wrote to the
United States on Sunday, saying they would "cooperate
positively" with a ceasefire but voicing deep concerns over
details of the deal as relayed to them, the text of the letter
as confirmed by two rebel officials said.
BENGHAZI, Libya, Sept 11 (Reuters) - Forces loyal to eastern
Libyan commander Khalifa Haftar took control of key oil ports in
Ras Lanuf, Es Sider and Brega on Sunday, said Ahmed al-Masmari,
a spokesman for the forces.
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