Energy Update
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.
Following on from a failed coup attempt launched late Friday, July 15, by Turkish army officers, what has been the impact -- if any -- on commodities markets?
It was a gamble that went spectacularly wrong for Tory Prime Minister David Cameron: Allow the UK to decide through a national referendum on their future participation in the EU and hope that they choose to remain.
BEIJING, July 18 (Reuters) - Freedom of navigation patrols
carried out by foreign navies in the South China Sea could end
"in disaster", a senior Chinese admiral has said, a warning to
the United States after last week's ruling against Beijing's
claims in the area.
Paul Hickin blogs on how OPEC’s decision to defend its market share by opting for freewheeling crude oil production appears to be working.
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