Energy Update
BARCELONA, July 6 (Thomson Reuters Foundation) - For
developing countries seeking to turn their national climate
action plans into reality, help will soon be at hand in the form
of a support service announced by the German government and the
U.S.-based World Resources Institute this week.
NEW YORK, July 6 (Reuters) - U.S. East Coast refiners have
cut production in recent days amid mounting concerns that a glut
of supply will hammer profits even as motorists are expected to
hit U.S. roads in record numbers this summer.
ATHENS, July 6 (Reuters) - Italy's state railway company
looks poised to buy Greece's railway operator TRAINOSE after
being the sole bidder for the group, which is being sold under
the government's privatisation programme.
(Adds data table)
NEW YORK, July 6 (Reuters) - U.S. crude oil exports rose to a record 662,000 barrels per day in May from 591,000 bpd in April, foreign
trade data from the U.S. Census Bureau showed on Wednesday.
Canada accounted for the most U.S. crude exports at 308,000 bpd, followed by the Netherlands at 110,000 bpd and Curacao at 67,000 bpd.
Other prominent destinations were Britain at 36,000 bpd, Japan at 29,000 bpd and Italy at 23,000 bpd.
Chinese battery technology provider BYD Co. Ltd. on June 30 said it has signed an energy storage joint development agreement with French utility EDF.
The figures for 2015 wind installations are in, and they show two major trends. First, wind capacity continues to be installed at a major rate globally. Second, there are effectively two wind markets: China and the rest of the world.
LONDON, July 6 (Reuters) - Britain's former prime minister
Tony Blair said on Wednesday he felt sorrow and regret over the
Iraq war but defended his decision to join the U.S.-led invasion
of Iraq in 2003.
In Part I of this series on energy storage investment, we discussed concerns about the safety of various battery chemistries. The multi-service capabilities of energy storage are a critical factor affecting the economic value of battery storage platforms, though not all platforms can support several applications at the same time.
LONDON, July 6 (Reuters) - Britain's top share index
extended losses in the afternoon trading session, with energy
stocks falling further after crude oil prices fell more than 1
percent on a firmer dollar and economic growth concerns.
LONDON, July 6 (Reuters) - U.S. gasoline stocks remain
stubbornly high despite record demand from motorists, a
situation that will probably force refiners to cut crude
processing over the next few months and prioritise production of
diesel.
Pages
GET IN TOUCH
- 1875 I Street NW, International Square,
Washington, District Of Columbia, 20006 - Phone: +1 (888) 317-3839
- Email: info@mglllc.com
About
Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.