Energy Update
Setting a new lopsided quarterly record, renewable sources outpaced — in fact, swamped — natural gas by a factor of more than 70:1 for new electrical generating capacity placed in-service during the first three months of calendar year 2016.
LONDON/TRIPOLI, April 28 (Reuters) - Libya's National Oil
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
China is expected to continue to be the world’s fastest growing solar PV market during the five years spanning 2016 to 2020, with an addition of 15 GW to 20 GW in new PV power generation capacity each year, National Energy Administration director Nur Bekri said at the 9th Asia Solar Energy Forum.
Press Releases Ecolibrium Solar is now a Certified Partner Lab of TÃV Rheinland PTL April 19, 2016 | Boulder, CO Boulder, CO. April 19th, 2016 - Ecolibrium Solar, a leading supplier of solar racking systems for commercial and residential applications, announces that the Ecolibrium Boulder R&D Laboratory is now a Certified Partner Lab by TÃV Rheinland PTL.
April 28 (Reuters) - ConocoPhillips, the largest
U.S. independent oil company, posted a first-quarter loss,
compared with a year-earlier profit, and cut its spending budget
for the second time this year as the slump in crude prices
sapped profitability.
April 28 (Reuters) - Refiner Marathon Petroleum Corp
barely eked out a profit in the first quarter, hurt by weak
crack spreads - the difference between the prices of crude oil
and refined products.
April 28 (Reuters) - ConocoPhillips, the largest
U.S. independent oil company, reported a quarterly loss,
compared with a year-earlier profit, and further lowered its
2016 budget as the slump in crude prices sapped profitability.
April 28 (Reuters) - Refiner Marathon Petroleum Corp
barely eked out a profit, hurt by weak crack spreads - the
difference between the prices of crude oil and refined products.
BEIJING, April 28 (Reuters) - Sinopec Corp's
net profit jumped to almost $1 billion in the first
quarter on improved refining margins, Asia's biggest oil
refiner said on Thursday.
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