Energy Update
LONDON, Dec 21 (Reuters) - El Nino has helped produce an unusually mild autumn and start to winter across the United States, sharply cutting the demand for heating and worsening the glut in supplies of natural gas and heating oil.
The Omnibus Budget bill is the most significant action by Congress in the last few years and insures a robust growth rate for the depth and breadth of the renewable energy and energy efficiency industries.
MOSCOW, Dec 21 (Reuters) - Russia's bailout of middle-sized bank Trust Bank could rise by 50 billion roubles ($703.43 million) because more money is needed to plug a hole in its balance sheet, two sources familiar with the matter said.
Dec 21 (Reuters) - Pep Boys - Manny Moe & Jack, a U.S. auto parts retailer, said billionaire investor Carl Icahn had raised his offer to buy the company, topping Bridgestone Corp's offer of $15.50 per share.
Dec 21 (Reuters) - Pep Boys - Manny Moe & Jack, a U.S. auto parts retailer, said billionaire investor Carl Icahn had raised his offer to buy the company, topping that of Japanese tire maker Bridgestone Corp.
ALGIERS, Dec 21 (Reuters) - Algeria posted a trade deficit of $12.62 billion for the first 11 months of 2015, against a $5.45 billion surplus a year ago, after a 42.4 percent fall in energy earnings caused by the drop in crude oil prices, official data showed on Monday.
BRUSSELS, Dec 21 (Reuters) - The European Union on Monday extended economic sanctions against Russia until the end of July next year after the deadline for raising objections passed without any member state challenging the decision.
Over the past two years, Hawaii has been ground zero of a historic battle between solar and utilities.
Security researcher Brian Wallace was on the trail of hackers who had snatched a California university's housing files when he stumbled into a larger nightmare: Cyberattackers had opened a pathway into the networks running the United States power grid.
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