Energy Update
TOKYO, Aug 9 (Reuters) - Crude prices inched down on Tuesday
in Asia, paring gains of nearly 3 percent from a day earlier, as
worries over a global oil glut tempered speculation that OPEC
would try to restrain output.
Michael David Winery has completed phase one of its solar power electric systems to its Highway 12 and Bare Ranch locations in Lodi, CA.
Aug 8 (Reuters) - Pipeline company Williams Cos Inc
and its master limited partnership agreed on Monday to sell
their Canadian natural gas liquids midstream businesses to Inter
Pipeline Ltd for total cash proceeds of C$1.35 billion
($1.03 billion).
Aug 8 (Reuters) - Pipeline company Williams Cos Inc
and its master limited partnership said they agreed to sell
their Canadian businesses to Inter Pipeline Ltd for
total cash proceeds of C$1.35 billion ($1.03 billion).
NEW YORK, Aug 8 (Reuters) - Chevron Corp persuaded a
federal appeals court on Monday to block enforcement in the
United States of an $8.65 billion Ecuadorean pollution judgment
that it said, and which the court agreed, was obtained through
bribery and fraud.
Aug 8 (Reuters) - SM Energy Co said on Monday it
would pay more than $980 million to double its holdings in the
prolific Permian Basin in Texas, showing that some oil producers
are still willing to spend big on good assets.
Brazil's Institute of the Environment and Natural Resources, Ibama, has decided not to award an environmental license for the Sao Luiz do Tapajos hydroelectric plant, effectively ending development of the controversial 8,000 MW project.
The electric grid is in a rapid state of change. The arrival of intermittent renewable resources is creating significant new operating challenges for the utilities. Batteries and other storage devices are suggested as a means of providing local firming and backup for intermittent resources. This has led to a common focus on storing and returning energy to the local power system, be that a residence, commercial or industrial establishment.
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