Energy Update
The venerable M-grade, a benchmark in the gasoline trade for decades, soon would lose some of its influence under a change proposed by the nation’s largest pipeline.
NEW YORK, Feb 9 (Reuters) - U.S. oil and gas pipeline companies including Williams Companies Inc and Kinder Morgan Inc have contracts worth billions of dollars that might be at risk as Chesapeake Energy Corp aims to slash its debts amid collapsing energy prices.
(Tue, 09 Feb 2016) This site contains summary data for the photovoltaic industry in the United States. Data including manufacturing, imports, and exports of modules in the United States and its territories. Summary data include volumes in peak kilowatts and average prices. Where possible, imports and exports are listed by country, and shipments to the United States are listed by state. To protect the confidentiality of company-level data, some data elements have been combined.
(Tue, 09 Feb 2016) So far this winter, natural gas consumption in the electric power sector (gas burn) has been higher than in any previous winter. According to Bentek Energy, gas burn in the electric power sector has averaged 25.0 billion cubic feet per day (Bcf/d) so far this winter (November 1 through February 8), up 17% from last year's average of 21.4 Bcf/d during the same period and significantly higher than the 18.8 Bcf/d average of the past five years.
TOKYO, Feb 9 (Reuters) - Liquefied natural gas (LNG) spot prices for delivery in January to Japan, the world's biggest buyer, fell to its lowest since the trade ministry started publishing figures about two years ago, official data showed on Tuesday. The average price for cargoes contracted during the month was $7.10 per million British thermal units (mmBtu), down 30 cents from the previous month and marking the lowest in data going back to March 2014, the trade ministry said.
SYDNEY/WELLINGTON, Feb 9 (Reuters) - Australian and New Zealand shares dived on Tuesday, joining a slump in global markets as sliding oil prices and concerns about the health of banks took a heavy toll on energy firms and reignited worries about growth across the world.
Suzlon Energy Ltd. had its sharpest five-day plunge in 16 months this week, reviving concerns the wind-turbine maker behind India’s biggest corporate default may again face difficulty with its debts.
China, the world’s largest consumer of energy, surpassed Germany as the country with the most installed solar capacity after record additions last year.
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