Energy Update
The U.K. government will provide 810 million pounds ($1.1 billion) for new clean-energy technologies, an effort that sharpens the Treasury’s focus on ways to reduce pollution and ensure electricity supply.
This past fall, Washington, D.C., made headlines when it utilized property-assessed clean energy (PACE) funding to add solar, high efficiency energy and water systems, and LED lighting to the Phyllis Wheatley YWCA affordable housing complex as part of a $17 millio
With scene-setting worthy of the great Bard himself, our very own soothsayers, Peter Brennan, Sebastian Lewis and Chris Davis deliver their predictions for steel markets across the globe.
(Recasts lead, adds overall natural gas and oil rig count) March 18 (Reuters) - U.S. energy firms this week added one oil rig after 12 weeks of cuts, data showed on Friday, after oil futures have soared over 50 percent since falling to a 12-year low in mid February. The total oil rig count rose to 387 in the week to March 18, compared with 825 oil rigs operating in the same week a year ago, oil services company Baker Hughes Inc said in its closely followed report.
March 17 (Reuters) - U.S. energy firms this week added one oil rig after 12 weeks of cuts, data showed on Friday, even though some analysts expect rig counts to decline further over the next few months before rebounding later in the year. The total rig count rose to 387 in the week to March 18, compared with 825 oil rigs operating in the same week a year ago, oil services company Baker Hughes Inc said in its closely followed report.
An area off the coast of New York designated for offshore wind farms has the potential to generate almost as much electricity as a nuclear power plant.
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