Energy Update
MOSCOW/DOHA, April 19 (Reuters) - As far as Venezuelan oil
minister Eulogio Del Pino is concerned, his counterpart Ali
al-Naimi, the world's most influential oil official for the past
two decades, is no longer the voice of authority for Saudi
Arabia.
LONDON, April 19 (Reuters) - Maintenance on the Buzzard
oilfield in the North Sea will take place in September this
year, deferred from an originally planned start date in July,
trade sources said on Tuesday.
Implementation of several renewable energy projects in Russia initiated in 2013-2014 has been postponed, according to investors, as the devaluation of the Russian ruble against hard currency made the projects too expensive.
Today we at GWEC launched our Global Wind Report: Annual Market Update. The wind power industry set new records across the world last year, and wind is leading the charge in the transformation of the global power system, long overdue and very necessary to achieve the objectives agreed by 186 nations in Paris last December.
DUBAI, April 19 (Reuters) - Gulf stock markets rose on
Tuesday as several Saudi companies beat first-quarter earnings
estimates and oil prices held up better than feared after the
failure of Sunday's Doha meeting to agree on an output freeze.
India’s latest offering of solar capacity saw just one foreign bidder among the winners, a reversal of previous auctions when outsiders dominated, winning the right to supply clean power at record-low rates deemed by domestic developers as unrealistic.
The Lochiel Park Green Village in South Australia’s capital Adelaide, consists of about 100 suburban homes powered by rooftop solar. Water efficiency measures include rainwater for re-use as hot water and recycled stormwater for toilets, washing machines and irrigation.
April 19 (Reuters) - Oil and gas producer Denbury Resources
Inc said its lenders reduced its borrowing base by 30
percent to $1.05 billion and that it had to pledge more assets.
DUBAI, April 19 (Reuters) - Iran's crude oil production will
reach pre-sanctions levels within two months, a deputy oil
minister was quoted as saying on Tuesday, a signal the OPEC
member might be willing to discuss an output freeze by the time
when the exporting group meets next.
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