Energy Update
The acquisition brings to EDF RE an autonomous business unit with a precise focus on distributed generation solar business to meet the growing demands of corporate customers seeking cost-effective renewable energy sources.
SAO PAULO, April 29 (Reuters) - Brazilian grains company
Fiagril Participações SA sold a controlling stake to China's
Hunan Dakang Pasture Farming Co Ltd, a unit of
Shanghai Pengxin Group Co, the Brazilian company said on Friday.
With oversupply, low prices, lack of liquidity and low demand from utilities uranium, market participants have little to no expectation of market conditions improving.
WASHINGTON, April 29 (Reuters) - The United States said on
Friday it was in discussions with Russia about trying to renew
the cessation of hostilities in Syria following the deadly
bombing this week of a hospital in Aleppo.
A vote of the Maine House of Representatives today upheld Gov. Paul LePage’s veto of solar legislation designed to modernize Maine’s solar power policy.
OSLO/LONDON, April 29 (Reuters) - The British civil aviation
authority said it was suspending flights of Airbus
Super Puma helicopters of the same type that crashed off the
west coast of Norway on Friday.
April 29 (Reuters) - Spot U.S. crude oil futures' discount
to the next trading month, known as contango, hit its smallest
levels since January on Friday, reducing the advantages of
storing oil in the United States for later delivery.
WASHINGTON, April 29 (Reuters) - The White House said on
Friday that the United States and Russia have been working to
renew the cessation of hostilities in Syria, despite the deadly
bombing this week of a hospital in Aleppo.
April 29 (Reuters) - U.S. energy firms cut oil rigs for a
sixth week in a row to the lowest level since November 2009, oil
services company Baker Hughes Inc said Friday, as
drillers remained cautious in returning to the well pad despite
crude futures climbing to their highest levels this year.
Drillers cut 11 oil rigs in the week to April 29, bringing
the total rig count down to 332, Baker Hughes said in its
closely followed report.
OSLO, April 29 (Reuters) - An Airbus Super Puma
helicopter that crashed off the Norwegian coast on Friday,
killing at least 11 of the 13 people on board, had maintenance
servicing delayed twice last year, an official at the Norwegian
Civil Aviation Authority told Norwegian daily VG.
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