Energy Update
Total SA agreed to buy French battery maker Saft Groupe SA in a 950 million-euro ($1.1 billion) deal, ratcheting up investments in clean energy by one of the world’s largest oil companies.
New York is preparing for a future in which clean, distributed energy resources — such as energy efficiency, electric vehicles, rooftop solar panels, and other types of local, on-site power generation — form an integral part of a more decentralized electric grid.
The Bioenergy Feedstock Library contains no books. What it does contain is information about biomass — organic material such as corn stover, switchgrass, wood chips and wheat straw. Nearly 50,000 biomass database entries and more than 35,000 physical samples reside in a repository located at the Department of Energy’s Biomass Feedstock National User Facility.
Renewables financing under Alberta’s new procurement program is both an exciting and daunting prospect. Equity and debt providers have traditionally shied away from merchant projects in the renewables sector, but on the whole, are enthusiastic about the market potential in Alberta. With some revenue certainty at the right price range, investors are ready to finance new projects and participate in what’s expected to be Canada’s next renewables frontier.
LONDON, May 9 (Reuters) - Brazil has joined a list of
countries exporting diesel to Europe, reversing a traditional
route and underscoring a weakening of the largest South American
economy.
LAUNCESTON, Australia, May 9 (Reuters) - Saudi Arabia's
decision to hike crude oil prices to Asian customers by the most
in more than a year is both understandable and curious.
Venezuela's oil industry is at risk of grinding to a halt, along with the rest of the nation, as El Guri, Venezuela’s largest hydroelectric power facility, could see a drop in output of 3,800 megawatts if eight of 18 turbines are shut down.
NEW YORK/CONKLIN, Alberta, May 9 (Reuters) - The mass
evacuation of residents from the wildfire-devastated Canadian
oil town of Fort McMurray is likely to significantly delay the
restart of production, even though energy facilities themselves
have escaped major damage from the flames.
May 9 (Reuters) - Singapore shares rose on Monday, snapping
a 10-session losing streak, helped by a rally in U.S. stocks
late last week, while most other Southeast Asian markets
suffered losses led by Indonesia, which fell to its lowest in
over two months.
U.S. stocks bounced back on Friday from early losses to
close higher as investors viewed the day's jobs data as less
disappointing than first thought.
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