Energy Update
(Thu, 12 May 2016) EIA's recently released International Energy Outlook 2016 projects that world energy consumption will grow by 48% between 2012 and 2040. Most of this growth will come from non-OECD countries, including countries where demand is driven by strong economic growth, particularly in Asia. Non-OECD Asia, including China and India, accounts for more than half of the world's total increase in energy consumption over the projection period.
(Thu, 12 May 2016) EIA releases annual data for 2014 about alternative fuel vehicle (AFV) supply and fuel use and number of vehicles for four types of vehicle fleets: federal government, state government, transit agencies, and fuel providers.
TOKYO - Nissan Motor Co confirms that it is in talks with
Mitsubishi Motors Corp over a potential investment, after
sources said Nissan was considering taking a controlling stake
in its smaller, scandal-hit rival.
(NISSAN-MITSUBISHIMOTORS/INVESTMENT (UPDATE 3, PIX, GRAPHICS),
moved, by Maki Shiraki and Naomi Tajitsu, 615 words)
May 12 (Reuters) - Local governments across China are
binging on debt again to pump-prime their slack economies. But
this time round, they are not wasting money propping up zombie
factories or loss-making steel plants.
Wintershall Norge has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton Norge.
ExxonMobil Australia’s subsidiary Mobil Refining Australia (Mobil) announced plans to expand Altona refinery’s capacity utilising locally produced crude to meet the region’s growing demand for refined products.
May 11 (Reuters) - Oil-and-gas producer Linn Energy LLC
filed for Chapter 11 bankruptcy on Wednesday, becoming
one of the biggest victims of global commodity rout, and said it
had an agreement with senior creditors to recapitalize the
company.
NEW YORK, May 11 (Reuters) - U.S. oil and gas explorer
SandRidge Energy Inc said on Wednesday that it would
not be able to file its financial results for the quarter ended
March 31 on time.
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