Energy Update
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.
YENAGOA, Nigeria, Aug 30 (Reuters) - A militant group said
on Tuesday it attacked a pipeline operated by a subsidiary of
Nigeria's state oil company in the country's southern Delta
region, just a day after the most prolific rebel group in the
restive energy hub said it had halted hostilities.
BAGHDAD, Aug 30 (Reuters) - Iraq would support a decision by
OPEC to freeze oil output to prop up prices, Iraqi Prime
Minister Haider al-Abadi told a news conference in Baghdad on
Tuesday.
STAVANGER, Norway, Aug 30 (Reuters) - Oil firm Statoil
will drill Norway's northernmost oil well next year in
the Barents Sea, where it believes a significant oil discovery
can be made, an executive said on Tuesday.
In the greater scheme of things, direct energy may be little more important than a pimple on an elephant’s butt. Granted it would have to be a pretty big pimple, but the point is that meeting the climate challenge depends upon how energy is used much more than how it is supplied.
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