Energy Update
Honeywell UOP and ExxonMobil announced a technology licensing agreement with Hainan Handi Sunshine Petrochemical, marking the first project in China under a joint marketing alliance for premium fuels and lubes between the two technology providers.
Aug 3 (Reuters) - First Solar Inc, the largest U.S.
solar equipment manufacturer, on Wednesday dismissed concern
about slowing growth in the industry, and posted quarterly
profit and sales beat analysts' estimates due to higher demand.
MONTREAL/NEW YORK, Aug 3 (Reuters) - Irving Oil said on
Wednesday it agreed to buy Ireland's only refinery from Phillips
66, scooping it up at a discount in a deal that will
extend the Canadian company's reach across the Atlantic.
Aug 3 (Reuters) - Tesla Motors Inc reported its
13th straight quarterly loss as a rise in sales of its Model S
and Model X electric cars failed to make up for the huge cost of
ramping up production.
WASHINGTON/SAN FRANCISCO, Aug 3 (Reuters) - Democratic U.S.
presidential candidate Hillary Clinton's campaign has solicited
advice from California regulators on how to revamp a federal
regulation requiring biofuels like corn-based ethanol be blended
into the nation's gasoline supply, according to campaign and
state officials.
Aug 3 (Reuters) - First Solar Inc posted a 86
percent drop in quarterly profit due to a restructuring charge
of $86 million, primarily related to the decision to end
production of the TetraSun crystalline silicon product.
Aug 3 (Reuters) - Tesla Motors Inc reported its
13th straight quarterly loss as a rise in sales of its Model S
and Model X electric cars failed to make up for the huge cost of
ramping up production.
Aug 3 (Reuters) - Out of 900 water samples tested from a
major Canadian river polluted by an oil spill last month, five
exceeded drinking water guidelines, officials said on Wednesday,
cautioning it was unclear when the river would be safe to drink
from again.
Aug 3 (Reuters) - Britain's RMT union said on Wednesday that
industrial action over proposed cuts and changes to working
conditions for maintenance workers on Shell's North Sea
oil and gas platforms would go ahead on Thursday.
LONDON/TORONTO, Aug 3 (Reuters) - De Beers' Gahcho Kue
diamond mine in Canada's Northwest Territories is expected to
reach full commercial production early next year, Anglo American
said on Wednesday.
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