Energy Update
LONDON/DUBAI, Jan 27 (Reuters) - OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut and boost prices, but it is too early to say whether the attempt will work, OPEC sources said on Wednesday.
Last year was big for battery energy storage. Technology prices continued to fall. Milestone projects got under way, and the sector gained wide media visibility in May when Elon Musk, CEO of Tesla Motors, unveiled the company’s sleek new Powerwall, a rechargeable lithium-ion battery designed for residential use.
Jan 27 (Reuters) - U.S. natural gas futures were trading slightly higher early Wednesday for a sixth day in a row on forecasts for cooler weather that will boost heating demand over the next two weeks. On its last day as the front-month, February futures on the New York Mercantile Exchange were up 2.9 cents, or 1.33 percent, to $2.209 per million British thermal units at 8:15 a.m. EST (1315 GMT).
JERUSALEM, Jan 27 (Reuters) - Prime Minister Benjamin Netanyahu on Wednesday appointed attorney Michal Halperin to run Israel's Anti-Trust Authority after a dispute over the country's natural gas reserves led to the resignation of her predecessor.
BRUSSELS, Jan 27 (Reuters) - The European Union sought sweeping powers over national car regulations on Wednesday, aiming to prevent a repeat of Volkswagen's emissions test cheating scandal and sparking a tough debate as governments and industry resist change.
ALGIERS, Jan 27 (Reuters) - Algeria has suspended flights to Tripoli, a few days after it detained hundreds of Moroccans trying to travel to Libya having arrived at the international airport in the capital Algiers.
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