Energy Update
LAUNCESTON, Australia, July 21 (Reuters) - Not all coal
rallies are created equal, with fairly stark differences
emerging in the gains this year for various grades of the fuel,
suggesting buyers are becoming more selective.
The coup attempt has raised concerns about the unstable state of politics as well as the Turkish economy in the near future, especially regarding the volatility of its currency.
More than 150 Vermont businesses wrote a letter to the Vermont Public Service Board (PSB) this week urging regulators to reconsider their recent draft rule for the state’s net metering program.
(Thu, 21 Jul 2016) Primary energy consumption fell slightly in 2015 as a decline in coal use exceeded increases in natural gas, petroleum, and renewables use. In most cases, changes between 2014 and 2015 reflect longer-term trends in energy use.
SYDNEY, July 21 (Reuters) - Top searchers at the Dutch
company leading the underwater hunt for Malaysia Airlines jet
MH370 say they believe the plane may have glided down rather
than dived in the final moments, meaning they have been scouring
the wrong patch of ocean for two years.
BEIJING, July 21 (Reuters) - China's Sinopec Corp
said on Thursday it had cut daily well-head production from its
Puguang gas field in Sichuan province to 4 million cubic metres
after a landslide a day earlier triggered a fire on a trunk gas
pipeline.
MELBOURNE, July 21 (Reuters) - Australia's Oil Search Ltd on
Thursday cleared the way for ExxonMobil Corp to take
over InterOil Corp for $2.2 billion, opting not to raise
its rival offer for its partner in a rich Papua New Guinea gas
field.
LONDON, July 21 (Reuters) - Only one percent of insurers
globally are assessing the risk of being left with investments
in "stranded assets" -- oil and gas reserves held by companies
which may prove unviable as the world moves to a low-carbon
economy, a study showed on Thursday.
Amec Foster Wheeler has received contract from PT Pertamina (Persero) and Saudi Aramco for upgrade and expansion of the 348,000 barrels per day Cilacap refinery in Central Java.
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