Energy Update
MEXICO CITY, July 7 (Reuters) - Mexican state oil company
Pemex expects to boost crude output over the next few years with
a handful of joint ventures that will focus on onshore and
offshore fields, a company official said, outlining areas it
will seek to develop with outside producers.
July 7 (Reuters) - Volkswagen AG will pay an
additional $86 million in penalties to California over its
emissions scandal, state Attorney General Kamala Harris said in
a statement.
LONDON, July 7 (Reuters) - Credit rating agency Fitch said
on Thursday that 2016 looked set to be a record year for
sovereign downgrades, following more than a dozen cuts in the
first half and 22 countries now on downgrade warnings.
July 7 (Reuters) - U.S. crude oil inventories fell for a
seventh consecutive week, within analysts forecasts but far less
than market expectations amid a drop in refinery runs and higher
imports, while gasoline stocks also fell less than expected, the
U.S. Energy Information Administration said on Thursday.
LONDON, July 7 (Reuters) - Royal Dutch Shell has changed its
redundancy terms so it can claim tax refunds that some UK
workers would otherwise have been able to claim on redundancy
payments, internal documents seen by Reuters show.
CAIRO, July 7 (Reuters) - A fire that broke out at a
domestic gas storage facility in Yemen's Marib province on
Thursday killed a worker and seriously injured four others,
according to state media and a local official.
Minnesota’s 2013 solar legislation started two new consumer-oriented solar experiments, both of which gained national attention. Three years later, these two programs have taken markedly different paths.
A team of three Boise State University students has been selected as one of 12 finalists in the U.S. Department of Energy Geothermal Technologies Office’s Geothermal Design Challenge.
Hanergy Holding Group Ltd. introduced four cars powered by solar panels as it seeks to expand the use of photovoltaic technology to products ranging from furniture to bags.
Revolutions in financing have cemented solar energy as a mainstay of U.S. energy production in the residential and utility market segments. But one segment of the solar market still struggling to find its footing among finance professionals is the commercial and industrial (C&I) segment.
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