Energy Update
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.
DUQM, Oman, April 19 (Reuters) - On a stretch of barren
coast 550 km (345 miles) south of the capital Muscat, workers at
a ship repair yard swarm over cargo vessels from around the
world, labour that will help to determine Oman's fate in an era
of cheap oil.
MOSCOW, April 19 (Reuters) - Russian President Vladimir
Putin discussed the results of the Doha meeting of oil producing
nations with the Emir of Qatar, Sheikh Tamim bin Hamad al-Thani
on Tuesday, the Kremlin said.
DHAKA, April 19 (Reuters) - Eastern Refinery Ltd (ERL),
which supplies around 40 percent of Bangladesh's fuel needs,
said it plans to more than triple its oil-processing capacity
with a 3.5 million tonne-a-year unit to help meet rising
domestic demand.
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, reaffirming Tehran's
commitment to boosting production.
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