Energy Update
KAMPALA, May 23 (Reuters) - Uganda said on Monday four
policemen patrolling on its side of Lake Albert had been killed
by Congolese troops and demanded Kinshasa punish those
responsible.
LONDON, May 23 (Reuters) - U.S. investment firm General
Atlantic is to buy a majority stake in oil price reporting
agency Argus Media in a deal valuing London-based Argus at
nearly 1 billion pounds ($1.45 billion) and making dozens of
employees potential millionaires.
A new biomass system fueled by woodchips will begin providing heat to two health facilities this year in Prince Edward Island (PE), the provincial government said on May 20.
DUBAI, May 23 (Reuters) - Saudi Arabia's stock index
sank 3.1 percent on Monday as investors sold shares
indiscriminately, while the United Arab Emirates and Qatar held
onto small gains. Egypt fell as foreign funds exited the market.
PARIS, May 23 (Reuters) - France's hardline CGT union said
on Monday that workers at Elengy, which operates
three liquefied natural gas (LNG) terminals in France, will go
on strike from midnight until May 26 midnight included.
May 23 (Reuters) - Oil prices pared losses on Monday morning
after market intelligence firm Genscape reported a drawdown of
nearly 1 million barrels at the Cushing, Oklahoma delivery point
for U.S. crude futures in the week to May 20, traders said.
Stray reports since last summer that partnership flips are not permitted under the Internal Revenue Code in solar transactions have confused some developers and investors. As it turns out, the reports of the partnership flip’s demise for solar transactions are “greatly exaggerated.”
DUBAI, May 23 (Thomson Reuters Foundation) - As the Gulf
states take steps to expand their use of clean energy, a bold
plan by the United Arab Emirates to boost its use of renewable
electricity from less than 1 percent to 24 percent in the next
five years could be a game-changer for the region, experts say.
BEIRUT, May 23 (Reuters) - Indian Prime Minister Narendra
Modi on Monday pledged up to $500 million to develop the
southern Iran port of Chabahar, in a move to give his country
trade access to Iran, Afghanistan and central Asia.
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