Energy Update
TORONTO, March 31 (Reuters) - Canada's main stock index ended slightly lower on Thursday as losses for materials and financial stocks canceled out advances for energy stocks, whose recent strength helped the index notch its best monthly performance in more than four years.
WASHINGTON, March 31 (Reuters) - The International Monetary Fund said on Thursday that it has again cut its growth forecast for Nigeria as the oil exporter faces "substantial challenges" from low crude prices.
YEREVAN, March 31 (Reuters) - Iranian company Sanergy is to build a gas distribution network in two Armenian towns in a project financed by the Iranian government, Armenia's energy minister said on Thursday.
The operator of a massive U.S. government-backed solar project in California that fell short of production targets says the facility more than doubled its output last month, putting it on pace to meet its obligations to Pacific Gas and Electric Co.
The U.S. Bureau of Ocean Energy Management (BOEM) last week approved the first wind energy research activities plan (RAP) for a facility to be located in U.S. federal waters.
March 31 (Reuters) - What do a small-town paratrooper from Venezuela and a billionaire real estate mogul from New York have in common? Hugo Chávez and Donald Trump are both outsized personalities seeing themselves as the sole leaders capable of restoring their countries to greatness. They eschew political correctness and routinely speak in an informal, unscripted style, connecting directly with voters who have felt invisible.
BRASILIA, March 31 (Reuters) - Vice President Michel Temer is quietly assembling a team of respected economists to revive confidence in Brazil's battered economy with cautious spending cuts and privatizations should leftist President Dilma Rousseff be impeached, insiders say.
LIBREVILLE, March 31 (Reuters) - Gabon's long-serving parliament speaker stepped down abruptly on Thursday in the latest sign of eroding support within the ruling party for President Ali Bongo before elections in the Central African oil producer later this year.
Without exception, the U.S. Department of Energy (DOE) is all about Atomic Energy Defense (AED). Energy Efficiency and Renewable Energy (EERE), on the other hand, are far from mission-critical. To the extent that the DOE’s 2016 budget request allocates 63 percent to AED activities and only 9 percent to EERE, energy efficiency and renewable energy programs seem to make good publicity and little else.
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