Energy Update
GENEVA, May 9 (Reuters) - Syria's opposition is hopeful of a
return to peace talks in Geneva if a U.S.-Russian agreement on
reviving a failed truce is swiftly implemented, a member of the
opposition High Negotiations Committee told Reuters on Monday.
PARIS, May 9 (Reuters) - French oil and gas producer Total
plans to sell its specialty chemicals and equipment
division Atotech, its chief executive told Le Figaro newspaper
after the company announced on Monday it would buy battery maker
Saft.
WASHINGTON, May 9 (Reuters) - The White House said it was
looking into whether or not Iran had tested a medium-range
ballistic missile on Monday after Iranian news agencies issued
conflicting reports about whether a precision-guided weapon had
been fired.
PARIS, May 9 (Reuters) - Total plans to sell its
specialty chemicals and equipment division Atotech, the chief
executive of the French oil and gas major told French daily Le
Figaro after the company announced on Monday it planned to buy
battery maker Saft.
A series of new reports is showing how Beijing’s strong support for new energy technologies is benefiting both domestic and foreign companies, as China tries to become a global leader in this emerging area. But the reports also spotlight the dangers that come with such aggressive support, which often leads to abuse of subsidies and other preferential policies that can lead to big waste and market distortions.
Enel S.p.A. said May 5 that through its subsidiary Enel Green Power North America (EGPNA) it has started construction of the 150-MW (dc) Aurora utility-scale distributed solar PV project in Minnesota.
NEW YORK, May 9 (Reuters) - Canadian crude prices climbed
further on Monday as a raging wildfire in northern Alberta
entered a second week and traders braced for possible supply
constraints as the blaze had spurred some producers to shut
facilities as a precaution.
PARIS, May 9 (Reuters) - EDF's works council said
on Monday it had voted to order an external study into the
French utility's project to build two nuclear reactors at
Hinkley Point in Britain.
DAVAO, Philippines, May 9 (Reuters) - The presumptive winner
of the Philippine election on Monday said that if he became
president he would settle rows over the South China Sea with
multilateral talks that would include allies the United States,
Japan and Australia as well as claimant nations.
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