Energy Update
NEW YORK, April 7 (Reuters) - A plume of black smoke near Houston's Ship Channel that was visible from miles away originated at Exxon Mobil Corp's Baytown, Texas, facility according to the Coast Guard's Vessel Traffic Service.
HOUSTON, April 7 (Reuters) - Exxon Mobil Corp's Baytown, Texas, refinery, the country's second largest, has begun increasing production levels for the first time since cutting back in early February due to a glut of gasoline in the United States, sources familiar with plant operations said.
TORONTO, April 7 (Reuters) - Acquisitions in the utility sector and a major cross-border pipeline transaction helped drive the volume of Canadian M&A activity up 48 percent in the first quarter of 2016, even though the number of deals declined.
A partly sunny compromise on solar energy legislation, hammered out after five months of negotiation, moved favorably Wednesday afternoon from the Massachusetts House to the Senate, where action is scheduled for today. While some renewable energy advocates support the compromise that the House approved overwhemingly, they caution it's a short-term fix.
The National Renewable Energy Laboratory recently said that rooftop solar panels have the potential to generate nearly 40 percent of electricity in the U.S. But what about the cost of going solar?
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