Energy Update

You are here

Home » Global Read

Venezuela decrees Fridays a holiday to ease energy crisis

CARACAS, April 6 (Reuters) - Venezuela's President Nicolas Maduro has decreed that all Fridays for the next two months will be holidays, in a bid to save energy in the blackout-hit OPEC country.

Australia, NZ shares up, buoyed by oil and Fed

SYDNEY/WELLINGTON, April 7 (Reuters) - Australian shares extended gains on Thursday, while New Zealand stocks were flirting with a record peak after a jump in oil prices and a cautious Federal Reserve underpinned risk assets.

UPDATE 1-U.S. International Trade Commission launches aluminum trade probe

* US aluminium producers have been hit hard by foreign competition

Oil prices up on US inventory draw, but traders warn on premature rally

SINGAPORE, April 7 (Reuters) - Crude futures were lifted by a raft of supportive indicators in early trading on Thursday, although some traders warned that physical supply and demand fundamentals did not warrant a strong price recovery at this stage.

RPT-UPDATE 1-Chevron's $3 bln Asian geothermal assets to draw global suitors-sources

SINGAPORE, April 6 (Reuters) - French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said.

UPDATE 1-Brazil wants Samarco to stop leaks before operations resume

RIO DE JANEIRO, April 6 (Reuters) - Samarco Mineração SA will not receive Brazilian government authorization to resume iron ore mining operations at the site of a dam burst that killed 19 people until leaks of tailings are stopped, environmental protection officials said on Wednesday.

SunEdison setback may delay Modi's "ultra mega" solar drive in India

MUMBAI, April 7 (Reuters) - The likely collapse of SunEdison Inc's solar project in India, the first of 32 planned "ultra mega" complexes, could delay Prime Minister Narendra Modi's goal to increase renewable energy fivefold by several years and probably cost consumers more.

RPT-Asia buys more Mideast heavy crude as Latam supplies fall

* Supply outages, strong WTI prices curb Latam exports to Asia

Hawaiian Electric and Varentec to test technology for enabling more rooftop solar on island grids

Hawaiian Electric Company and Santa Clara-based Varentec, Inc. have announced a strategic partnership to ensure grid reliability and efficiency while allowing more private rooftop solar systems to be added to island grids.

Five Policies Blocking Microgrids (From a Veteran of Local Energy Wars)

The smart phone has changed the consumer psyche about energy.  If we can control so much in the palm of the hands — at so little cost — why not energy too?

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos