Energy Update
July 1 (Reuters) - U.S. drillers this week added oil rigs
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, bringing
the total rig count up to 341, compared with 640 a year ago,
energy services firm Baker Hughes Inc said.
SYDNEY/RIO DE JANEIRO, July 1 (Reuters) - BHP Billiton
and Vale SA said on Friday they would appeal
a Brazilian court's decision to reinstate a $6 billion public
civil claim from Brazilian authorities over last year's Samarco
iron ore mine disaster.
LONDON, July 1 (Reuters) - The Federal Reserve will keep a
close eye on China's currency moves and its impact on the global
economy and markets, Cleveland Fed President Loretta Mester said
on Friday.
Building a better mousetrap isn’t easy. Nor is qualifying for a new category for solar water heating. In truth, ICC-SRCC testing for a solar PV water heating system did not exist prior to the introduction of Sun Bandit.
New York’s Reforming the Energy Vision (REV) initiative is transforming how utility stakeholders view the power sector’s future, but for the first time polling has revealed widespread support for REV from consumers themselves.* Evidence of strongly positive attitudes toward clean energy in general, and REV in particular has major implications for utilities and regulators.
LONDON, July 1 (Reuters) - British plans for more power
links with Europe to avert a looming electricity shortfall could
be hindered if the country no longer has a say in European Union
regulation of networks and power trading.
KAMPALA, July 1 (Reuters) - Uganda has begun negotiations
with a consortium led by South Korea's SK Engineering
for the building of a crude oil refinery after ending talks with
a group led by Russia's Rostec Global Resources, the energy
ministry said on Friday.
Novozymes A/S, the world’s largest supplier of enzymes, won a contract for the first full-scale power plant that will use the bugs to clean up household waste.
KAMPALA, July 1 (Reuters) - Uganda has begun negotiations
with a consortium led by South Korea's SK Engineering
for the building of a crude oil refinery and ended talks with a
group led by Russia's Rostec Global Resources, the energy
ministry said on Friday.
Nigeria has signed memoranda of understanding with Chinese investors to pump over $80 billion in oil and gas exploration and production projects.
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