Energy Update
Jan 5 (Reuters) - Nuverra Environmental Solutions Inc , a U.S. provider of environmental services to the energy sector, has been working with investment bank Lazard Ltd on restructuring its debt, according to people familiar with the matter.
LONDON, Jan 5 (Reuters) - OPEC oil output fell in December, a Reuters survey found on Tuesday, led by lower supply from Iraq following a record-breaking month in November and smaller declines elsewhere in the producer group.
Global Bioenergies SA, an unprofitable French maker of sugar-based gasoline, said oil’s recent slump to $35 a barrel is testing the financial viability of its biofuel technology even as it plans expansion in the U.S.
The cost of installing energy storage systems is expected to decline 41 percent over the next five years as key components get cheaper, according to a report by GTM Research.
ALGIERS, Jan 5 (Reuters) - Algeria's government on Tuesday unveiled draft constitutional reforms, including a two-term presidency limit, an obligatory consultation with parliament to name prime ministers and making local Amazigh an official language.
When it comes to federal support for renewable energy deployment, the difference between Canada and the U.S. can be summed up in a quote by the late actor Robin Williams: “Canada is like a sleepy loft apartment over a really great party.”
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