Energy Update
HOUSTON, Aug 1 (Reuters) - BP Plc curtailed
production over the weekend on the 60,000 barrel-per-day (bpd)
reforming unit at the 413,500 bpd Whiting, Indiana, refinery for
repairs, sources familiar with plant operations said on Monday.
MILAN, Aug 1 (Reuters) - Italian oil refiner Saras
has paid back 100 million euros ($112 million) of the debt it
owes Iran for cargoes of crude oil taken before sanctions were
imposed on the country in 2012, the company's managing director
said on Monday.
DUBAI, Aug 1 (Reuters) - Kuwait is to increase the prices of
gasoline by as much as 73 percent from September, showing how
the oil price slump is affecting the energy-rich Gulf state's
finances.
The Swiss team behind the record-breaking Solar Impulse round-the-world flight in a plane that used no fuel said they will press on with plans for drones powered by the sun’s rays.
Listen Up to this week’s Energy Show as we disclose the real money behind these anti-solar lobbying groups, and expose some of their dirty tactics.
Aug 1 (Reuters) - Chinese solar panel maker Trina Solar Ltd
said on Monday it would be taken private in a deal
valuing it at about $1.1 billion, accepting an offer from a
consortium including its chief executive nearly eight months
after it was made.
Elon Musk may have more work to do to convince his own shareholders to go along with the $2.6 billion proposed merger of Tesla Motors Inc. and SolarCity Corp.
DUBAI, Aug 1 (Reuters) - Kuwait's cabinet said on Monday
that it would raise the prices of gasoline in the energy-rich
Gulf Arab state beginning in September, state news agency KUNA
reported.
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