Energy Update
PARIS/BENGHAZI, Libya, July 20 (Reuters) - Three French
soldiers were killed in a helicopter accident during an
intelligence-gathering mission in Libya, President Francois
Hollande said on Wednesday.
BRUSSELS, July 20 (Reuters) - The European Commission, which
is due to rule on Russia's plans to pump more gas to Germany via
a land link from its Nord Stream pipeline, says it needs more
details from German regulators before making a decision.
July 20 (Reuters) - U.S. drivers logged 2 percent more miles
in May than a year ago, marking the 27th consecutive month of
year-over-year gains, U.S. data released on Wednesday showed, as
gas prices stayed low.
LONDON, July 20 (Reuters) - European shares advanced on
Wednesday, with the technology sector leading the market higher
after SAP and ASML reported forecast-beating
quarterly results.
The UK's Rough storage facility outage is set to increase UK gas import reliance this winter. What will be the likely impact and how might the shortfall best be managed?
LONDON, July 20 (Reuters) - Britain's top shares index
climbed to its highest closing level in 11 months on Wednesday,
boosted by a rise in insurance stocks, although a slump in Anglo
American pushed down the mining sector.
LONDON, July 20 (Reuters) - The amount of primary materials
extracted from the earth will almost triple by the middle of
this century if action is not taken, as emerging economies
develop and consume more, a U.N.-backed report said on
Wednesday.
The United States, and indeed the world, would do well to reconsider the promise and the limitations of its infatuation with renewable energy. "The issue is, how do we decarbonize the electricity sector, while keeping the lights on, keeping costs low and avoiding unintended consequences that could make emissions increase?"
The Long Island Power Authority plans to approve a 90-MW wind farm off the coast of New York that would become the largest in the U.S. when completed.
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