Energy Update
Tim Worledge on the likely impact of La Nina on the bread basket of Europe, the wheat fields of Australia, America's corn belt, the great sugar powerhouse of Brazil and the cane fields of India and Thailand.
RIO DE JANEIRO, June 2 (Thomson Reuters Foundation) - A new
clean technology to turn sunlight into liquid fuel could
drastically shrink the need for large plantations to grow crops
for biofuels, while combating climate change, Harvard University
researchers said on Thursday.
VIENNA, June 2 (Reuters) - OPEC's incoming secretary-general
said on Thursday that his appointment showed the oil producer
group was intent on stronger unity and that he wanted to make a
difference when he takes over its top post.
Dubai Electricity & Water Authority is seeking partners to help build 1,000 MW of solar power plants as the Persian Gulf emirate works to diversify its energy sources, according to two people with knowledge of the information.
DUBAI, June 2 (Reuters) - Gulf stock markets were mixed
before an OPEC meeting later on Thursday to discuss coordinated
action among oil producers to support prices. Egypt's market
rose as a newly listed healthcare stock performed strongly.
JERUSALEM, June 2 (Reuters) - Israel's government on
Thursday approved the development of the controversial Leviathan
natural gas field that will give Israel a second source of gas
supply while potentially turning it into a gas exporter.
June 2 (Reuters) - Researchers in the United States and
Canada have located 39 unreported sources of major pollution
using a new satellite-based method, the U.S. National
Aeronautics and Space Administration said.
VIENNA, June 2 (Reuters) - OPEC refrained from changing its
oil output policy on Thursday, meaning the organisation failed
to agree a new production ceiling, an OPEC delegate told
Reuters.
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