Energy Update
Almost without exception, European markets slipped while less mature markets across Latin America, Africa and Asia continued their ascent, revealed the latest edition of the EY Renewable Energy Country Attractiveness Index (RECAI) report. Emerging markets now represent half of the countries in the 40-strong index, including four African markets featuring in the top 30.
WASHINGTON, June 9 (Reuters) - A subsidiary of Marathon
Petroleum Corp will spend about $334.6 million on
pollution abatement at refineries in five states and pay a
$326,500 civil penalty, the Justice Department and Environmental
Protection Agency said on Thursday.
BRASILIA, June 9 (Reuters) - Brazil has banned the local
unit of Swedish construction company Skanska AB from
doing government work for at least two years as a result of
alleged in involvement in a bribery and kickback scandal, the
government said on Thursday.
ABUJA, June 9 (Reuters) - A Nigerian militant group, which
has claimed a string of attacks on oil pipelines in the Niger
Delta, said on Thursday the region might break away.
BRUSSELS/MOSCOW, June 9 (Reuters) - Brussels is expected to
rule next month on whether to allow Russia to pump more gas via
its Nord Stream pipeline's gas link to Germany, risking fresh
discord between member states over energy dependence on Russia,
EU and Gazprom sources said.
Ohio Congresswoman Marcy Kaptur on May 27 announced that "Cleveland’s Wind Project qualifies for a [U.S. Department of Energy (DOE)] grant of $40 million in additional funds” to construct turbines on Lake Erie, "unlocking the tremendous offshore wind energy potential of the Great Lakes, which represents 20 percent of the United States’ total offshore wind energy capacity."
BERLIN, June 9 (Reuters) - Germany's economy minister on
Thursday rejected calls for Europe's largest economy to focus on
ending coal use in the way it plans to quit nuclear energy.
NEW YORK, June 9 (Reuters) - A U.S. government weather
forecaster on Thursday maintained its projections for the La
Nina weather phenomenon to take place in the Northern Hemisphere
later this year, as El Nino conditions dissipated.
NEW YORK, June 9 (Reuters) - A U.S. government weather
forecaster on Thursday maintained its projections for the La
Nina weather phenomenon to take place in the Northern Hemisphere
later this year, as El Nino conditions dissipated.
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