Energy Update
Energy storage technologies may save U.K. consumers as much as 2.4 billion pounds ($3.35 billion) a year by 2030, according to a new report funded by three utilities.
MADRID, March 2 (Reuters) - Debt-laden Spanish energy group Abengoa has appointed a new chairman to try to distance the firm's management from its main shareholder and facilitate a debt restructuring.
NEW YORK, March 2 (Reuters) - Jeffrey Sprecher has defined his career by buying up rivals of Intercontinental Exchange Inc, the company he founded as an upstart in 2000.
WASHINGTON, March 2 (Reuters) - A wing of the U.S. Department of Energy focused on breakthrough technologies may soon give billionaire entrepreneur Elon Musk's most recent foray into energy storage a run for its money, the unit's director said.
NEW DELHI, March 2 (Reuters) - India's plan to levy an additional tax of 4 percent on large cars will apply irrespective of the fuel used, the country's auto industry body said on Wednesday.
* South Korea to increase Iran oil imports as sanctions lifted * Iran in talks to lease oil storage in South Korea * Hanwha Total mulls resuming Iranian condensate imports (Adds that Iran could lease oil storage in South Korea) By Rebecca Jang SEOUL, March 2 (Reuters) - South Korea plans to boost imports of Iranian oil, especially condensate, this year to meet growing demand after sanctions on the Islamic nation were lifted in January. The world's fifth largest importer of
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