Energy Update
(Fri, 13 May 2016) Carbon dioxide (CO2) emissions from electricity generation totaled 1,925 million metric tons in 2015, the lowest since 1993 and 21% below their 2005 level. A shift on the electricity generation mix, with generation from natural gas and renewables displacing coal-fired power, drove the reductions in emissions.
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TOKYO, May 13 (Reuters) - Prices of imported liquefied
natural gas (LNG) spot cargoes in April fell to their lowest
since Japan's trade ministry started publishing figures more
than two years ago, official data showed on Friday.
The average price of arriving LNG cargoes to the world's
biggest importer fell by $1 from a month earlier to $5.80 per
million British thermal units (mmBtu) in April, according to the
TOKYO, May 13 (Reuters) - Prices for liquefied natural gas
(LNG) spot cargoes arriving in Japan in April fell to the lowest
since the trade ministry started publishing figures more than
two years ago, official data showed on Friday.
LONDON, May 12 (Reuters) - Global oil consumption is growing
much faster than most analysts expected at the start of the year
but increases in demand remain very uneven geographically and by
fuel.
SINGAPORE, May 13 (Reuters) - Oil prices dipped in early
trading on Friday as a stronger dollar weighed and Russia warned
that a global crude supply overhang could last into next year.
SINGAPORE, May 12 (Reuters) - Noble Group
finalised $3 billion in credit facilities on Thursday, a crucial
move allowing Asia's biggest commodity trader to refinance all
of its debt maturing this year as it reported a 62 percent fall
in quarterly profit.
PARIS, May 12 (Reuters) - The French Senate on Thursday
adopted a revised version of its biodiversity bill in which
Senators scrapped an additional tax on palm oil and delayed
until 2020 a ban on pesticides blamed for harming bees.
SAO PAULO, May 12 (Reuters) - State-controlled Petróleo
Brasileiro SA has entered exclusive talks with Brookfield Asset
Management Inc over the sale of natural gas pipeline
unit Nova Transportadora do Sudeste SA, as part of a plan to
dispose of $15 billion of non-essential assets by year-end.
RIO DE JANEIRO, May 12 (Reuters) - Brazil's state-controlled
oil company Petroleo Brasileiro SA posted its
third-straight quarterly loss on Thursday as oil prices and
production fell and a weaker currency boosted debt costs.
CONAKRY, May 12 (Reuters) - Guinea lost around $500 million
in revenue in 2015 after an outbreak of the deadly Ebola virus
and the drop in global commodity prices slowed growth and hurt
the mining sector in the West African country, Prime Minister
Mamady Youla said on Thursday.
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