Energy Update
MidAmerican Energy has filed a request with the Iowa Utilities Board to build Wind XI, project that will add up to 2,000 MW of wind generation in Iowa, which is a major move toward 100 percent renewables in Iowa.
April 15 (Reuters) - Oil and gas producer SandRidge Energy
Inc said on Friday the company is no longer a target
of a federal grand jury probe concerning violations of antitrust
law related to the leasing of oil and gas properties.
Hitachi Zosen Corp. won an order for a waste-to-energy plant from KPN Green Energy Solution Co. in Thailand’s Nong Khai province.
April 15 (Reuters) - Citigroup Inc's quarterly profit
plunged 27 percent as bank set aside money to cover losses on
energy loans and its costs related to shrinking some businesses
rose.
April 15 (Reuters) - Oil and gas producer Linn Energy LLC
said it planned to skip interest payments on some of
its senior notes due on Friday, after making bond payments that
were deferred last month.
BEIJING, April 15 (Reuters) - China's largely rubber stamp
parliament will this month again review its controversial draft
law governing foreign non-government organisations, state news
agency Xinhua said on Friday.
KATOWICE, Poland, April 15 (Reuters) - Banks creditors of
Poland's troubled coal miner Kompania Weglowa may convert part
of its debt into equity, a deputy energy minister said.
SINGAPORE, April 15 (Reuters) - Singapore's Ezra Holdings
Ltd, one of the city-state's many oilfield service
firms hit by a challenging market, plans to sell its stake in a
floating production, storage and offloading vessel, seeking to
strengthen its financial position.
(Fri, 15 Apr 2016) U.S. natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as natural gas prices remained relatively low. Production from five states?Pennsylvania, Ohio, West Virginia, Oklahoma, and North Dakota?was responsible for most of this growth, offsetting declines in much of the rest of the United States.
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