Energy Update
ALMATY, April 20 (Reuters) - Minority shareholders in
Kazakhstan's biggest listed oil company, Kazmunaigas Exploration
and Production, say the state-owned parent company is
impinging on their interests in a drive to squeeze cash out of
the firm.
JAKARTA, April 20 (Reuters) - Authorities from at least two
Indonesian coal ports have blocked ships from leaving to the
Philippines due to security concerns after a spate of ship
hijackings in the southern Philippines, an Indonesian government
official said on Wednesday.
The Senate overwhelmingly passed a long-term reauthorization of the Federal Aviation Administration on Tuesday, kicking the measure over to the House, where similar efforts have stalled. In a 95-3 vote, lawmakers approved an amended measure that would greenlight FAA programs through fiscal 2017. The agency's current legal authority expires on July 15.
Renewable energy ordinance makes San Francisco first major city in the country to require solar panels be installed on new construction. San Francisco - (April 19, 2016) Today the Board of Supervisors unanimously passed Supervisor Scott Wiener's legislation to require solar panels be installed on new residential and commercial buildings constructed in San Francisco.
BAKU, April 20 (Reuters) - Azeri state oil fund SOFAZ's
assets rose by two percent from the beginning of this year to
$34.3 billion by April 1, the fund said on Wednesday.
LONDON, April 20 (Reuters) - Iran is determined to recover
its share of the world oil market following the lifting of
sanctions, and can withstand low prices since it has sold oil
for as little as $6 a barrel in the past, a source close to
Iranian oil policy said.
The highest carbon tax in an oil producing nation has persuaded Norway’s state-owned driller to experiment with energy storage and wind turbines as an alternative for supplying electricity to offshore rigs.
BAGHDAD, April 20 (Reuters) - Iraq's powerful Shi'ite cleric
Moqtada al-Sadr on Wednesday called for renewed protests
demanding that parliament approves a long-delayed new cabinet
and end political and sectarian wrangling that is hampering a
vote on the matter.
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