Energy Update
LONDON, March 10 (Reuters) - Gasoline stocks building on both sides of the Atlantic could undercut a sustained recovery in oil prices, as crude's 30 percent rise in the last month is partly based on hopes that drivers will gobble up most global inventories of the fuel.
PARIS, March 10 (Reuters) - The French Cour des Comptes, the country's top audit body, said the financing scheme for EDF's 18 billion pound ($25.6 billion)project to build two nuclear plants in Britain is potentially risky for the state-owned utility.
China’s solar PV industry has been in recovery mode since 2013. The capacity utilization rate of PV firms has improved, the sector steadily continues to grow and new technologies have been developed, while the PV makers have seen their margins improve. Looking into 2016, the sector is expected to maintain growth, thanks to favorable policies and increasing market demand.
March 10 (Reuters) - A U.S.
DUBAI/LONDON, March 10 (Reuters) - A meeting between oil producers to discuss a global pact on freezing production is unlikely to take place in Russia on March 20, sources familiar with the matter say, as OPEC member Iran is yet to say whether it would participate in such a deal.
NEW YORK, March 10 (Reuters) - A U.S.
LONDON, March 10 (Reuters) - Global distillate markets remain heavily oversupplied but the glut will not clear unless the world economy avoids recession and there is a renewed acceleration in freight demand.
KINSHASA, March 10 (Reuters) - Activist groups in Democratic Republic of Congo urged the government on Thursday to revive plans for a new mining code, saying the higher revenues it would generate were vital to supporting a young democracy.
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