Energy Update

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Like all energy sectors, the wind energy industry is one filled with risks. From testing and production of wind turbine components through to transport, installation and lifetime servicing of turbines, occupational safety and health (OSH) risks abound at every step of the process.

CALGARY, Alberta, May 25 (Reuters) - Suncor Energy Inc
is pushing to reach full operations at its oil sands
projects in the fire-stricken Canadian province of Alberta
before July 1, according to several company employees.

* Engie aims to gradually close, sell or convert all coal
plants

NEW YORK, May 25 (Reuters) - Americans drove 5 percent more
in March than they did a year earlier, the U.S. Department of
Transportation said on Wednesday, as low gas prices have spurred
miles driven so far in 2016 to the highest level on record.

NEW YORK, May 25 (Reuters) - U.S. motorists drove 273.4
billion miles in March, up 5 percent from a year earlier, the
Department of Transportation said on Wednesday.

When it comes to learning lessons from the past about the importance of strong shipping links and even stronger logistics, there is no doubt: all roads still lead to Rome.

DALLAS/SAN RAMON, Calif., May 25 (Reuters) - Voters at Exxon
Mobil Corp's annual meeting on Wednesday approved a
measure to let minority shareholders nominate outsiders for
seats on the company's board, meaning a climate activist could
eventually become a director at the oil giant.

A key theme that emerged during the American Wind Energy Association (AWEA) Windpower 2016 tradeshow was how people, companies and products are transitioning from the oil and gas industry into the wind industry. No doubt the downturn in oil prices and the show’s location in Louisiana are two reasons for the heightened interest in moving from one energy industry into another.

This month our motley metals crew assesses China's collapsing steel market and what the impact has been in the US and Europe.

TORONTO/MONTREAL, May 25 (Reuters) - The wildfire that has
ravaged northern Alberta and cut Canadian crude output by 25
percent is set to crimp corporate earnings beyond the oil patch,
especially hitting the rail and hospitality sectors.

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