Energy Update

You are here

Home » Global Read

Now is the Wrong Time for States to Reduce Solar Incentives

Thanks in large part to state and federal incentives, the cost to install solar PV systems has decreased 400 percent over the last eight years, while technology advancements have improved system efficiency. As a result, the cost of solar energy is approaching the point at which governmental incentives will no longer be necessary.

UN's climate chief to quit, praises Paris agreement

PARIS, Feb 19 (Reuters) - The U.N.'s climate chief said on Friday she will step down in July, at the end of a six-year term, and praised governments for reaching a 195-nation deal in Paris in December to shift the world economy from fossil fuels to cleaner energies.

Guinea strike ends after agreement reached over wages, pensions

CONAKRY, Feb 19 (Reuters) - Guinea's four-day general strike ended on Friday after the government agreed to raise wages and pensions for workers, labour union officials and the government said on Friday.

Thailand's PTT returns to net profit in Q4, coal business weighs

BANGKOK, Feb 19 (Reuters) - PTT Pcl, Thailand's largest energy firm, said on Friday it returned to a small net profit in the fourth quarter, though it missed analysts' expectations mainly due to a huge impairment loss from its coal business.

The Saga of a U.S.-China Corporate Murder-Suicide

A few Sunday's ago, my analysis of the Chinese wind industry, which the respected publication, Renewable Energy World, published in 2012, made a cameo appearance in a 60 Minutes’ segment called The Great Brain Robbery, which report described the widespread practice of Chinese cyber hacking of American companies.

UPDATE 2-Half of global oil glut may disappear if output deal works, says Russia

* Russia sees its 2016 oil output up 1.5 pct y/y (Adds details, quotes, background)

UPDATE 1-Statoil says briefed Norwegian police on Angola payments

OSLO, Feb 19 (Reuters) - Oil major Statoil met Norway's white-collar crimes police unit this week to explain payments made to Angola's state energy firm Sonangol, the Norwegian company and public officials said on Friday.

Security, political tensions cloud Niger's presidential vote

* Incumbent Issoufou aiming for first-round win in Sunday's polls

UPDATE 1-Enbridge posts higher profit, defers C$5 bln capex to 2018

Feb 19 (Reuters) - Enbridge Inc , Canada's largest pipeline company, reported a higher-than-expected quarterly profit and said it would defer C$5 billion in capital expenditure planned for this year and the next to 2018 as two pipelines are delayed.

COLUMN-Oil's slump is scattering the workforce and supply chain: Kemp

LONDON, Feb 19 (Reuters) - The U.S. oil and gas industry has lost around 100,000 jobs over the last 16 months, according to the U.S. Bureau of Labor Statistics (http://tmsnrt.rs/212GuVD).

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos