Energy Update
HOUSTON, Aug 3 (Reuters) - Targa Resources on
Wednesday said three liquefied petroleum gas (LPG) export
cargoes were canceled out of its Galena Park terminal near
Houston, Texas in the past two months amid fluctuating Asian
demand and collapsing prices.
HOUSTON, Aug 3 (Reuters) - Nimble U.S. shale oil producers
continue to show an uncanny ability to squeeze more and more
crude from new wells, allowing them to do more with less as they
try to weather another dip in oil prices to $40 a barrel.
MONTREAL, Aug 3 (Reuters) - Irving Oil said on Wednesday it
agreed to buy Ireland's only refinery from Phillips 66,
a deal that will extend the Canadian company's reach across the
Atlantic.
Don’t let recent negative news, such as the bankruptcy filing at SunEdison, fool you — renewable energy’s time has arrived. Though market adoption has been slow, renewable energy — driven largely by wind and solar — has gained market share over the past few years, overtaking nuclear power in 2011 and accounting for more than 10 percent of all energy used in the U.S. in 2015.
JUBA, Aug 3 (Reuters) - South Sudan's President Salva Kiir
fired six ministers allied to his long-time rival Riek Machar
late on Tuesday, widening a political rift in the world's newest
nation and drawing threats of more fighting.
A Lancaster engineering undergraduate has invented a new storage solution that could provide the missing-link needed for a renewable energy revolution. The energy storage market in the US alone is estimated to be worth $200-600billion in 10 years. While most research and development efforts have been focused on improving battery technologies, a Lancaster student believes a mechanical solution could provide the answer.
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.
New York this week joined neighbor Vermont in aggressively pushing for more renewable energy in its power portfolio. The New York State Public Service Commission approved a mandate issued last fall by Gov. Andrew Cuomo that New York supply 50 percent of its electricity from renewable energy sources by 2030.
Aug 3 (Reuters) - U.S. oil and gas producer Noble Energy Inc
reported a smaller-than-expected quarterly loss and
raised its full-year forecast for total sales volume as it
benefits from improved drilling efficiency.
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