Energy Update
BERLIN, May 3 (Reuters) - Coal-fired power production in
Germany should come to an end "well before" 2050, according to a
draft environment ministry document seen by Reuters on Tuesday
on how Europe's biggest economy can achieve its climate goals.
* Teapot port congestion, full tanks cool buying
* India's booking rise on tenders, Reliance purchases
* Graphic: http://link.reuters.com/sav75v
In many markets, solar PV is already at grid parity. So why aren’t we seeing greater adoption? What is holding the PV industry at bay?
LONDON, May 3 (Reuters) - Hedge funds increased their net
long positions in Brent and WTI derivatives by 7 million barrels
to a record 663 million barrels in the week ending April 26.
OSLO, May 3 (Reuters) - Norway's $872 billion sovereign
wealth fund, the world's largest, will back shareholder
proposals aimed at changing corporate governance and climate
policies at U.S. oil majors Exxon Mobil and Chevron
, it said on Tuesday.
OSLO, May 3 (Reuters) - Norway's $872 billion sovereign
wealth fund gave its backing on Tuesday to three shareholder
proposals aimed to change corporate governance and climate
policies at U.S. oil major Exxon Mobil.
LONDON, May 3 (Reuters) - Mainstream Renewable Power, a
developer that builds wind and solar plants for clients such as
IKEA, has appointed PJT Partners to raise at least 100
million euros ($114 million) through an equity sale, it said on
Tuesday.
(Tue, 03 May 2016) Since June 2014, decreases in crude oil and natural gas prices have reduced household energy costs. According to initial figures from the U.S. Bureau of Labor Statistics (BLS), the chained consumer price index for urban consumers (C-CPI-U) decreased by 1.2% from June 2014 to February 2016.
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