Energy Update
CALGARY, June 23 (Reuters) - Oil output from Canada's vast
reserves is set to outpace infrastructure to bring that crude to
market in coming years, the Canadian Association of Petroleum
Producers (CAPP) said on Thursday, even as it scaled back its
long-term growth forecast.
PG&E Corp.’s plan to shut California’s last nuclear power plant by 2025 would cost $15 billion if all its output is replaced with solar-generated electricity at current prices, according to Bloomberg Intelligence analysts.
SANTIAGO, June 23 (Reuters) - A Chilean court ordered that a
prominent former senator be placed under nighttime house arrest,
while authorities investigate him for possible tax fraud and
bribery.
Offshore wind turbine provider Adwen and blade provider LM Wind Power have unveiled what they say is the longest wind turbine blade in the world.
The tiny East African countries of Rwanda, Djibouti and the Union of Comoros have joined the African league of geothermal power producers, in a field still dominated by Kenya after applying and getting funding to commence surface studies and drilling operations from the US$ 115 Geothermal Risk Mitigation Facility fund, which is administered by the African Union.
COPENHAGEN, June 23 (Reuters) - Danish shipping and oil
group A. P. Moller-Maersk has appointed Soren Skou,
a company veteran who heads its container shipping business, as
chief executive to steer it through a historic downturn in both
its key markets.
NEW DELHI, June 23 (Reuters) - Indian companies are
evaluating buying stakes in Russian state oil firm Rosneft
, India's oil minister said on Thursday, as Moscow
seeks funds to address its state deficit.
Ahmad Chatila, chief executive officer of bankrupt clean-energy giant SunEdison Inc., has resigned. His last day was Wednesday.
June 23 (Reuters) - Canadian oil production will grow by 28
percent to hit 4.9 million barrels per day (bpd) by 2030, the
Canadian Association of Petroleum Producers said in its annual
report.
The 100-MW Quaid-e-Azam Solar Power Plant, at Bahawalpur, was the first grid-connected IPP that was installed in 2015 and has been operational since August 2015, exceeding expectations and demands by NEPRA in terms of producing energy, GWhs, for the months with optimal solar irradiance and temperatures.
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