Energy Update
Energy Minister Segolene Royal put out a request for project proposals for solar farms, according to a statement on the ministry’s website. It is seeking six projects with 500 MW of capacity apiece.
MONTREAL, Aug 29 (Reuters) - Canada's National Energy Board
cancelled the first day of hearings on TransCanada Corp's
proposed Energy East pipeline in Montreal on Monday
after protesters disrupted the panel session, agency spokeswoman
Sarah Kiley said.
* Conoco CEO sees oversupply extending into 2017
TORONTO, Aug 29 (Reuters) - Canada's main stock index made
slight gains in morning trading on Monday, with rises for banks
and miners offsetting energy shares' declines as the price of
oil pulled back.
The owner of what was once the U.K.’s biggest coal plant joined a growing list of companies jostling for position to fill a potential energy gap if the government drops plans for an 18-billion pound ($23 billion) nuclear station in Somerset.
A reader writes: I’d hoped that the biofuels crowd would have gotten beyond ethanol by now. The industry has made progress creating all kinds of specialty chemicals from renewable sources and more or less successfully brought them to market. There’s jet and diesel in commercial use whether or not they’re yet profitable.
JOHANNESBURG, Aug 29 (Reuters) - South Africa's Eskom denied
on Monday that it was blocking a Treasury investigation into
coal contracts with Tegeta Exploration & Resources Ltd., a firm
controlled by the Gupta family.
BAGHDAD, Aug 29 (Reuters) - Iraq has put out fires at four
oil wells in the oil-producing region of Qayyara which Iraqi
forces recaptured from Islamic State last week, the oil ministry
said on Monday.
JUBA, Aug 29 (Reuters) - South Sudan's government wants $300
million in aid and loans to support its next budget, as it seeks
to stabilise the country which has been scarred by civil
conflict since achieving independence in 2011.
MILAN, Aug 29 (Reuters) - European shares were down slightly
in opening deals on Monday with Stada among the
leading losers after shares in the German drugmaker went
ex-dividend, but Alstom soared after a contract win.
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