Energy Update
Leading certification provider DNV GL has launched a Joint Industry Project which will see the development of design validation standards for floating offshore wind turbines.
BAGHDAD, Aug 11 (Reuters) - Iraq's offensive to dislodge
Islamic State from its de facto capital Mosul is on track
despite a spat between two senior politicians over alleged
corruption in the military, the U.S. envoy to the coalition
fighting the militant group said.
NEW YORK, Aug 11 (Reuters) - Plaintiffs' lawyers will seek
up to $332.5 million in fees and costs for their work in a $10
billion settlement over claims Volkswagen AG outfitted vehicles
with software to cheat on emissions testing, according to a
court filing.
LONDON, Aug 11 (Reuters) - British Prime Minister Theresa
May has written to Argentina's President Mauricio Macri calling
for restrictions on oil exploration in the Falklands Islands to
be lifted and for more flights to the British-run islands, her
office said on Thursday.
DUBAI, Aug 11 (Reuters) - Saudi Arabia will work with OPEC
and non-OPEC members to help stabilise oil markets, it said on
Thursday a month ahead of an informal meeting of major producing
countries in Algeria.
NEW YORK, Aug 11 (Reuters) - Lawyers representing plaintiffs
in a $10 billion settlement over claims that Volkswagen AG
outfitted vehicles with software to cheat on emissions testing
said they will seek up to $332.5 million in fees and other legal
costs, according to a court filing late on Wednesday.
Herman Wang examines the forces impacting OPEC crude oil supply and how that dynamic could play out when the organization meets on the sidelines of the International Energy Forum in September.
DUBAI, Aug 11 (Reuters) - OPEC members and non-members will
discuss the oil market situation next month in Algeria,
including any possible action that may be needed to stabilise
the market, Saudi Arabia's energy minister said on Thursday.
NEW YORK, Aug 11 (Reuters) - A U.S. government weather
forecaster on Thursday reduced its outlook that La Nina
conditions would develop in next few months but said it still
expected the weather phenomenon to occur this fall or winter.
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