Energy Update
MOSCOW, Aug 16 (Reuters) - Russian Prime Minister Dmitry
Medvedev has decided to postpone the privatisation of a
government stake in oil producer Bashneft for an
unspecified amount of time, the RBC news organisation reported
on Tuesday, citing Medvedev's spokeswoman.
LIBREVILLE, Aug 16 (Reuters) - Gabon's main opposition
parties chose former foreign minister Jean Ping as its candidate
in an election on Aug. 27 against President Ali Bongo, who is
standing for a second term in one of Africa's leading
oil-producing nations.
HOUSTON, Aug 16 (Reuters) - Venezuela, traditionally a
prominent oil exporter, will make a sharply smaller contribution
to the global oil market in 2017 as an acute political and
economic crisis affects its crude production, Columbia
University said in a report released on Tuesday
Sunrun Inc. climbed the most in more than six months after sales increased 69 percent in the second quarter, beating expectations, and the second-biggest U.S. rooftop solar company exceeded its installation forecast.
TORONTO, Aug 16 (Reuters) - Canada's main stock index fell
on Tuesday, dragged lower by some mining and energy companies
despite the advance of gold and global oil prices.
NEW YORK, Aug 16 (Reuters) - Canadian convenience store
operator Alimentation Couche-Tard Inc is in the lead
to acquire CST Brands Inc, a U.S.-based convenience
store retailer, according to two sources familiar with the
matter.
CHUCKWALLA VALLEY, Calif. - Just after noon on a 110-degree summer day, the 5.6-square-mile Desert Sunlight Solar Farm - the biggest of its kind erected on U.S. federal land - is proving why this desolate spot is such a good one for harnessing the sun's rays.
We’re witnessing the transformation of electricity generation, storage and usage of electricity in buildings. The “home of the future” will have an appliance that combines an inverter, rooftop solar, battery storage and an EV charger – linked together with easy to use management software.
The Black Sea wheat market was quiet August 16 mainly due to a lack of trading in
Russian wheat despite the fact that this is now the peak of the season.
LONDON, Aug 16 (Reuters) - OPEC and non-OPEC countries are
again flirting with the idea of a production freeze to
accelerate oil-market rebalancing, according to recent
statements by several oil ministers.
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