Energy Update
LONDON, July 14 (Reuters) - U.S. refiners and motor fuel
blenders made too much gasoline during the first half of 2016
and now the market is struggling to clear the resulting overhang
of gasoline stocks.
Morocco is a country undergoing profound changes. The population is growing, and prosperity is rising. Companies are adding locations here. Rural areas are getting connected to the power grid. Demand for energy is expanding, especially for electricity.
NEW YORK, July 14 (Reuters) - Following a damaging El Nino
weather period, a U.S. government weather forecaster on Thursday
said the La Nina weather phenomenon is favored to develop during
August through October 2016.
Thousands of German companies are set to keep their exemptions from payment of green power fees in a shakeup of the nation’s financial support for renewable energy, lawmakers in Berlin said.
NEW YORK, July 14 (Reuters) - A U.S. government weather
forecaster on Thursday said the La Nina weather phenomenon will
likely develop during August through October 2016.
BEIJING, July 14 (Reuters) - China said on Thursday it had
issued a formal protest after Australia announced it would
continue to exercise its right to freedom of navigation and
overflight in the South China Sea following a court ruling
against China's claims.
BAKU, July 14 (Reuters) - Azerbaijan produced 21.06 million
tonnes of oil in January-June, 0.4 percent more than in the
first half of last year and the first rise since May last year,
the State Statistics Committee said on Thursday.
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