Energy Update
The United Nations defended its aid funding in Syria on
Tuesday after an investigation revealed lucrative contracts were
awarded to people close to the nation's President Bashar
al-Assad.
CALGARY/OTTAWA, Aug 30 (Reuters) - Canada's National Energy
Board on Tuesday suspended Montreal hearings on TransCanada
Corp's proposed Energy East pipeline after protests
disrupted the first day of the process on Monday.
South Africa and Kenya are some of the African countries that currently are at various levels of implementing local content regulations on renewable energy projects. An expert has called for a review of the approach used in enforcing the new laws, which would ensure more utilization of local labor and manufactured products.
Batteries won big in the U.K.’s contest to provide power that can be dispatched quickly to help keep the electricity grid stable, a step that will help the nation expand the amount of renewable energy it’s using.
MADRID/FRANKFURT, Aug 30 (Reuters) - Siemens and
Gamesa have rejected a non-binding offer from General
Electric for assets belonging to a wind power venture
between Gamesa and Areva, sources close to the talks
told Reuters on Tuesday.
It was one-part chance and ten-parts experience that enabled Louisiana-based oil and gas liftboat operator Montco Offshore to get the contract to help install the turbines, blades and towers on the recently completed 30-MW Block Island Wind Farm.
BERLIN, Aug 30 (Reuters) - Germany said it has resolved a
dispute with the European Union so that German firms that
generate power for their own consumption can remain exempt from
a green energy surcharge, Economy Minister Sigmar Gabriel said
on Tuesday.
BRUSSELS, Aug 30 (Reuters) - European Commission Vice
President Maros Sefcovic said he will visit Kiev on Friday to
discuss energy reforms and lay the groundwork for trilateral
talks with Ukraine and Russia that he hopes will help ensure
uninterrupted gas supplies in the winter.
NEW YORK, Aug 30 (Reuters) - A U.S. judge has dismissed a
lawsuit by Chevron Corp workers who said the oil company
breached its fiduciary duties by putting costly and poorly
performing investment options in a $19 billion employee savings
plan.
TRIPOLI, Aug 30 (Reuters) - A Libyan armed force controlling
some of the country's southern oilfields has stopped pumping at
two of them because the government has not paid the funds needed
to maintain security operations, a brigade commander said on
Tuesday.
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