Energy Update
JERUSALEM, May 18 (Reuters) - Israel's military said on
Wednesday it had developed a version of its Iron Dome missile
interceptor system that can be fired from the deck of a cruising
navy ship to protect its offshore gas platforms.
NEW YORK, May 18 (Reuters) - U.S. crude oil stockpiles rose
unexpectedly last week even as gasoline and distillate
inventories fell more than expected, data from the Energy
Information Administration showed on Wednesday.
PARIS, May 18 (Reuters) - Firms could move their
headquarters out of France if the government pursues legislation
to limit the remuneration of company executives, the CEO of oil
major Total said on Wednesday.
MOSCOW, May 18 (Reuters) - Russian Deputy Finance Minister
Alexei Moiseev said on Wednesday that the government would tap
the country's Reserve Fund to compensate for smaller dividends
from state gas giant Gazprom.
Caterpillar became the latest big infrastructure company to unveil a microgrid play with the recent launch of its hybrid microgrid into the global market.
Of the approximately 313 MW of new geothermal capacity that came online last year, most of it was from small binary/organic rankine cycle projects, but the dominance of new binary/ORC installations in 2015 is not indicative of how the geothermal market will grow in the future, according to a report from the Geothermal Energy Association.
Small cities and towns are prime off takers for solar power and solar developers are hoping to delve further into that market in 2016.
LONDON, May 18 (Reuters) - Russia's second largest bank,
state-controlled VTB, is growing its commodities trading
business to help the country's oil, coal and metals producers
expand in new markets from China to Africa.
LONDON, May 18 (Reuters) - India has embarked on a massive
road construction programme that both reflects and will
stimulate increased ownership of cars and motorcycles and drive
continued rapid growth in gasoline and diesel consumption.
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