Energy Update
(Thu, 25 Aug 2016) Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables have contributed to this trend, but in different ways. After a lengthy West Coast drought, hydro generation has increased and is now closer to historical levels.
SINGAPORE, Aug 25 (Reuters) - Crude prices edged lower on
Thursday as brimming U.S. and Asian fuel inventories returned
investors' attention to a large global supply overhang, cutting
short a price rally and restricting Brent crude futures to below
the $50 a barrel mark.
WASHINGTON, Aug 24 (Reuters) - Actors Susan Sarandon, Riley
Keough and Shailene Woodley joined members of North Dakota's
Standing Rock Sioux Tribe outside a courthouse in Washington,
D.C., on Wednesday to protest against construction of a pipeline
they say would pollute water and desecrate sacred land.
WASHINGTON, Aug 24 (Reuters) - U.S. President Barack Obama
spoke by phone with Colombian President Juan Manuel Santos on
Wednesday to congratulate him on finalizing details of a peace
agreement to end the country's 50-year-old guerrilla war with
FARC rebels, the White House said.
Aug 24 (Reuters) - Colombia's historic peace agreement with
FARC rebels, to be unveiled on Wednesday after almost four years
of negotiations, is not likely to give the country's struggling
economy an immediate boost, investors said, as sluggish
commodities prices remain the most pressing issue.
ONITSHA, Nigeria, Aug 24 (Reuters) - A Nigerian man is being
charged for provoking people and "breach of peace" by naming his
dog after President Muhammadu Buhari and painting the name twice
on the pet, police said on Wednesday.
MOSCOW, Aug 24 (Reuters) - When Donald Trump named a
little-known U.S. energy consultant as part of his foreign
policy team, the adviser's ex-boss was puzzled; how could the
relatively junior banker he knew in Moscow a decade ago be
qualified to brief a presidential candidate?
QUITO, Aug 24 (Reuters) - Iran and Ecuador on Wednesday
discussed ways that the two countries can strengthen oil prices
as Iran signals it may support joint efforts by exporters to
prop up flagging crude.
Brazilian power regulator Agencia Nacional de Eneria Eletricqa (Aneel) has set wholesale cap prices for an upcoming power auction that includes more than 130 small hydroelectric plants.
PARIS, Aug 24 (Reuters) - France will launch a series of
tenders for a combined capacity of 3,000 megawatts (MW) of solar
plants, the energy ministry said in a statement on Wednesday.
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