Energy Update
NEW YORK, Jan 28 (Reuters) - Oil market analysts on Thursday largely dismissed the possibility of coordinated production cuts by OPEC and Russia, saying the market's early positive reaction was based on false hope.
The California Public Utilities Commission in a Jan. 28 open meeting voted 3-2 to approve a net metering success program for rooftop solar in the state.
During the meeting, Commissioner Michael Picker, president of the CPUC, said the successor program maintains a full retail net energy metering structure that allows all customers to receive full credit for renewable energy that they export to the grid, but also establishes mandatory time of use rates for those customers.
NEW YORK, Jan 28 (Reuters) - The two-year slide in energy company shares has produced wildly inflated dividend yields - a sign of more pain to come for investors who already have suffered the effects of a historic slide in crude prices.
PARIS, Jan 28 (Reuters) - France and Iran hailed the sale of Airbus planes and the renewal of a decades-old carmaking venture as symbols of thawing relations on Thursday while protesters in Paris tried to get human rights onto the agenda.
Jan 28 (Reuters) - California, which boasts more than half of the households with solar panels in the United States, on Thursday extended a policy that has underpinned the rooftop solar industry's dramatic growth over the last decade.
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