Energy Update
For minigrid developers in India, there is significant uncertainty about projects’ investment, viability, and customers once the central grid arrives.
MILAN, March 2 (Reuters) - Italian oil contractor Saipem faces new challenges after raising 3.5 billion euro ($3.8 bln) to stay afloat, as rising competition in its lucrative pipe-laying business threatens margins and orders.
NEW YORK, March 2 (Reuters) - Exxon Mobil Corp said on Wednesday it would continue to cut spending as long as crude prices remain low, but the world's largest publicly traded oil company added it may look at potential acquisitions in a bid to offset a dip in production.
March 2 (Reuters) - U.S.
BEIRUT, March 2 (Reuters) - Eighteen fighters were killed in a car bomb blast that hit a Syrian insurgent group in the southern province of Quneitra on Wednesday, a monitoring group reported, and a rebel source said the attack was likely carried out by hardline Islamists.
U.K. utility ScottishPower has determined that it would be possible to expand its 440 MW Cruachan pumped storage hydro project by up to 600 MW.
LONDON, March 2 (Reuters) - The human cost of the oil slump is increasingly apparent in the number of claims for unemployment insurance being filed in states that were formerly at the heart of the drilling boom.
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