Energy Update

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Dong Energy A/S is moving ahead with work on what will become the world’s biggest offshore wind farm once it’s complete, a facility generating 1.2 GW of power off the Yorkshire coast in the U.K.

In its first opinion letter of the year, the Kansas Department of Revenue (DOR) confirmed that under Kansas law only a utility can sell power to a residential customer. The text of the letter references the request as being made by a residential solar company, but the identity of that company is redacted.

MOSCOW, Feb 3 (Reuters) - Spanish refiner Cepsa will ship a 1-million barrel cargo of Iranian oil to its refineries, according to vessel agents' data and market players' information on Wednesday.

NEW YORK, Feb 3 (Reuters) - U.S. crude oil and gasoline inventories jumped more than expected last week to record highs, data from the Energy Information Administration showed on Wednesday.

WASHINGTON, Feb 3 (Reuters) - A political fight over the federal government's role in Michigan's water contamination crisis spilled onto the U.S. Senate floor on Wednesday as Democrats threatened to block a bipartisan energy bill if it fails to include immediate aid for the city of Flint.

Tesla is gearing up for its biggest-ever unveiling: the Model 3, an affordable electric car that’s supposed to take the company from 50,000 vehicle sales last year to 500,000 in 2020. Here’s what we know so far:

BAKU, Feb 3 (Reuters) - The International Monetary Fund urged Azerbaijan on Wednesday to boost reforms and diversify its economy in order to withstand a plunge in global crude prices which has badly hit growth, budget revenues and the manat currency.

New geothermal industry guidance for Clean Power Plan compliance has been made available for five U.S. states.

LONDON, Feb 3 (Reuters) - Oil companies looking to steal a jump on rivals in the race to benefit from Iran's emergence from Western sanctions risk having tankers left in limbo by international insurers' continued reluctance to provide cover.

NEW YORK, Feb 3 (Reuters) - Orange Capital, the activist hedge fund firm led by New York-based real estate investment manager Daniel Lewis, is shutting down after a year of poor performance, according to people familiar with the situation.

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