Energy Update
For Elon Musk, the ifs are piling up. A day after fresh disclosures about Musk’s controversial plan to merge his Tesla Motors Inc. and SolarCity Corp., his money-losing solar company, shares of both companies plunged anew Thursday.
OTTAWA, Sept 2 (Reuters) - Canada's trade deficit in July
unexpectedly shrank on stronger non-energy exports, a sector the
Bank of Canada says is crucial to helping revive an economy hit
by low oil prices.
ANKARA, Sept 2 (Reuters) - Turkey published in its official
gazette a deal with China for cooperation in the peaceful use of
nuclear energy on Friday, a step needed to open the way for
China to potentially build Turkey's third nuclear power plant.
* China's buying slips, India rises
* Trade houses sailing oil east on low freight
* Indonesia's Pertamina also books six cargoes
* Graphic: http://link.reuters.com/sav75v
With just over 70 days left until the general election, presidential candidates Hillary Clinton and Donald Trump offer voters two very different visions for the country’s energy agenda and the future of renewables.
PARIS, Sept 2 (Reuters) - The German spot power price for
early next week delivery rose on Friday on an expected decline
in solar power output. The year-ahead contract was under
pressure as oil futures fell.
OTTAWA, Sept 2 (Reuters) - The labor productivity of
Canadian businesses in the second quarter of 2016 fell by 0.3
percent, reflecting the damage caused by a major wildfire in
Alberta, Statistics Canada said on Friday.
Last week’s announcement by US company Apache of a major find in West Texas’ Permian Basin seemed to vindicate recent optimism about shale.
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