Energy Update
BEIJING, June 17 (Reuters) - China has granted independent
refiner Qingyuan Group Co Ltd a preliminary oil import quota of
4.04 million tonnes per year, the country's oil industry
association said on Friday.
(Fri, 17 Jun 2016) EIA's <em>Annual Energy Outlook 2016</em> (AEO2016) Reference case projects that natural gas-fired electricity generation will exceed coal-fired electricity generation by 2022, while generation from renewables—driven by wind and solar—will overtake coal-fired generation by 2029. The shift away from coal-fired generation to a combination of higher natural gas-fired and renewables generation and greater energy efficiency is expected to be accelerated by the U.S.
SYDNEY/WELLINGTON, June 17 (Reuters) - Australian shares
edged up on Friday after three sessions of declines but were
still on track to post one of their worst weekly performances
this year.
NANTES, France, June 17 (Reuters) - A Chinese investment in
France's high-voltage network would be a sensitive issue and
utility EDF's grid unit, RTE, is not in talks with Chinese
counterpart China State Grid, as part of a plan to open its
capital, RTE's chief executive said on Thursday.
LONDON, June 17 (Reuters) - British lawmakers called on
Friday for the operation of the country's energy transmission
network to be transferred from National Grid to an
independent system operator, similar to the model used in the
United States.
NEW YORK, June 16 (Reuters) - The World Bank's $16 million
deal to hedge oil for Uruguay is a small one, but its a
milestone for the institution more than a year after it first
got approval for commodity-specific hedges, and it expects
others to follow.
MEDELLIN, Colombia, June 16 (Reuters) - Latin America offers
ample opportunities for the energy sector, but governments must
make changes to protect investors from legal headaches, industry
leaders at the World Economic Forum's Latin America meeting in
Colombia said on Thursday.
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