Energy Update
ACCRA, July 18 (Reuters) - Ghana has cut its 2016 economic
growth forecast to 4.1 percent from 5.4 percent due to lower
export prices and irregular oil production, Finance Minister
Seth Terkper told Reuters on Monday.
ALGIERS, July 18 (Reuters) - Algeria signed deals with
Indonesia's Indorama Corporation on Monday to develop a
phosphate mine and build two plants to process the crop nutrient
in the North African country at a total expected cost of $4.5
billion.
In one of the most ambitious rural electrification projects in Africa that has tapped the use of solar energy, the Kenya government has completed connecting some 4,100 primary schools to power using solar PV systems.
Scientists just got one step closer to the next generation of solar panels. Today’s solar panels convert sunlight to electricity using silicon crystal chemistry.
DOHA, July 18 (Reuters) - Five years ago Samer Habib left
the United Arab Emirates and moved to Qatar where he opened a
restaurant that turned a profit serving Lebanese salads and
sandwiches to expats.
YENAGOA, Nigeria, July 18 (Reuters) - Militants in Nigeria
have attacked a crude oil pipeline on the outskirts of Warri, a
city in the Niger Delta, which is operated by a subsidiary of
the Nigerian National Petroleum Corporation (NNPC), a community
leader said on Monday.
YENAGOA, Nigeria, July 18 (Reuters) - Militants in Nigeria
have attacked a crude oil pipeline on the outskirts of Warri, a
city in the Niger Delta, which is operated by a subsidiary of
the Nigerian National Petroleum Corporation (NNPC), a community
leader said on Monday.
In Washington, as the DOE’s Bioenergy 2016 conference opened its third day, the Energy Department announced up to $15 million for three projects aimed at reducing the production costs of algae-based biofuels and bioproducts through improvements in algal biomass yields.
July 18 (Reuters) - Bank of America Corp reported a
19-percent drop in second-quarter profit on Monday as growth in
businesses from lending to trading failed to offset the impact
of persistently low interest rates.
LONDON, July 18 (Reuters) - Even if Britain's main natural
gas storage site manages to resume some withdrawals, the country
will need to import up to 1.75 billion cubic metres (bcm) of
additional gas this winter, according to analysts.
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