Energy Update
HOUSTON, Aug 18 (Reuters) - The first Suezmax crude oil
tanker that was slated to go through the newly expanded Panama
Canal began its transit on Thursday, a public relations official
told Reuters.
* STOXX 600 still down around 7 pct in 2016
MOSCOW, Aug 18 (Reuters) - A surprise delay to Russia's
privatisation of mid-sized oil producer Bashneft does not bode
well for plans to sell a stake in energy giant Rosneft this
year. A failure of that deal too would deal a heavy blow to
state finances.
BAGHDAD, Aug 18 (Reuters) - Iraq has resumed pumping oil
from fields operated by state-run North Oil Company (NOC) via a
Kurdish pipeline to Turkey, a spokesman for the oil ministry in
Baghdad said on Thursday.
* Kingfisher, Kaz Minerals up after results
This year, the sun’s rays can benefit more than your mood and man tan. Solar power is great for the environment, is cost effective, and can enhance your fun for you and your family during the sunniest time of the year.
Can America’s power grid accommodate a more dominant role for renewables in the energy mix? As the grid stands today, the answer is no. Our society is putting increasing demands on electric infrastructure that wasn’t designed for today needs — much less what we’re asking of it to support a cleaner energy future.
TAKORADI, Ghana, Aug 18 (Reuters) - Ghana began pumping
crude from a second offshore field operated by British company
Tullow Oil on Thursday, hoping the additional revenue
will boost its flagging economy.
LAGOS, Aug 18 (Reuters) - Nigerian oil minister Emmanuel Ibe
Kachikwu said on Thursday that while a cut in OPEC production is
unlikely, there is hope a meeting of producers in Algeria next
month could help shore up crude prices.
BEIJING, Aug 18 (Reuters) - The increase in people dying in
India from air pollution will outpace the rate of such deaths in
China, as India drags its heels over environmental rules while
opening more coal mines, the head of a U.S. research group said
on Thursday.
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