Energy Update
MEXICO CITY, Aug 2 (Reuters) - Tropical Storm Earl bore down
on Central America's Caribbean coastline late on Wednesday,
strengthening as it was expected to strike land in the next few
hours, the National Hurricane Center (NHC) said.
Aug 2 (Reuters) - Contract driller Nabors Industries Ltd
reported a smaller-than-expected quarterly loss as costs
fell, sending its shares up 3.6 percent in extended trading.
HOUSTON, Aug 2 (Reuters) - The U.S. Chemical Safety Board
said on Tuesday workers were injured in incidents between 2010
and 2014 at Tesoro Corp's San Francisco Bay-area
refinery in Martinez, California because of a weak safety
culture the company permitted to exist.
SAO PAULO, Aug 2 (Reuters) - Investors eyeing Brazil's
auction to privatize state-owned utility Celg-D said its heavy
debt and the high minimum price could jeopardize the Aug. 19
sale.
Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics are New York’s announcement of a new renewable portfolio standard (RPS) of 50 percent renewables by 2030; Intersolar North America; and the Tesla/SolarCity merger.
The show is filmed at 3PM eastern and uploaded to the website by 3PM pacific time. Take a look.
Aug 2 (Reuters) - Contract driller Nabors Industries Ltd
posted a bigger quarterly loss, largely due to an
impairment to the carrying value of the company's investment in
C&J Energy Services Ltd.
WASHINGTON, Aug 2 (Reuters) - U.S. federal agencies should
disclose whether their actions and decisions will have an impact
on climate change, the White House announced on Tuesday.
HOUSTON, Aug 2 (Reuters) - U.S. oil producer Devon Energy
Corp posted an unexpected adjusted quarterly profit on
Tuesday and narrowed its net loss as drastic cost cuts,
especially in labor and supply expenses, offset the slump in
crude prices.
NEW YORK, Aug 2 (Reuters) - A U.S. appeals court on Tuesday
upheld a decision confirming a $465 million judgment won through
arbitration by a unit of KBR Inc in a contract dispute
with Mexico's national oil company, Pemex.
Aug 2 (Reuters) - Cobalt International Energy Inc
said it was unlikely to close a $1.75 billion sale of its 40
percent stake in two offshore oil blocks in Angola to the state
oil company, sending its shares down as much as 43.5 percent.
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