Energy Update
As the energy storage industry gains momentum, it will be increasingly important for consumers to evaluate a number of factors that will impact their returns on investment. It is well known that energy storage systems providing a greater mix of services typically have a more favorable rate of return than those with limited capabilities whether used for applications in front-of-the-meter or behind-the-meter.
OSLO, June 30 (Reuters) - Energy companies and trade unions
in Norway began two-day wage talks on Thursday in a bid to avert
a strike that would cut output from Europe's largest oil
producer by six percent, the Norwegian Oil and Gas Association
(NOG) said.
June 30 (Reuters) - Superior Plus Corp said it had
terminated a C$324 million ($251 million) deal to buy fellow
Canadian chemical company Canexus Corp after failing to
agree on terms.
LONDON, June 30 (Reuters) - Rebalancing the oil market could
take slightly longer as a result of the upsurge in uncertainty
following Britain's vote to leave the EU but most traders seem
to think it will not slow the process by more than 3-6 months.
June 30 (Reuters) - InterOil Corp, which agreed last
month to be acquired by Australia's Oil Search Ltd,
said it received an unsolicited offer from an unnamed bidder,
with whom it would engage in further talks.
BRASILIA, June 30 (Reuters) - Brazil's federal police on
Thursday raided the offices of at least 12 builders to seek
evidence of an alleged cartel in railway projects, Brazilian
antitrust watchdog Cade said.
June 30 (Reuters) - InterOil Corp, which agreed last
month to be acquired by Australia's Oil Search Ltd,
said it had received an unsolicited offer from an unnamed
bidder.
With large parts of the UK steel industry controlled by foreign interests, it should be obvious that “going it alone” is simply not an option.
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