Energy Update
NEW YORK, Dec 16 (Reuters) - Shares of oil producers edged higher on Wednesday after U.S. lawmakers approved a spending bill that would lift a 40-year-old ban on domestic crude exports, while U.S. solar companies surged as Congress extended investment tax credits beyond 2016.
WASHINGTON, Dec 16 (Reuters) - The Republican-controlled U.S.
AES Energy Storage said on Dec. 15 that it has reached a multi-year agreement with LC Chem for the supply of batteries for AES’ Advancion grid-scale energy storage solution.
The European Marine Energy Centre (EMEC) has signed Flemish wave energy developer Laminaria to test its marine hydrokinetic (MHK) energy device at EMEC’s grid-connected wave test site at Billia Croo, off the west coast of Orkney, Scotland.
* Price discount for U.S.
NEW YORK, Dec 16 (Reuters) - Oil producers' shares rose while refiners fell in premarket trading on Wednesday after U.S. lawmakers approved a spending bill that would lift a 40-year-old ban on domestic crude exports.
Dec 16 (Reuters) - U.S. natural gas futures set a 14-year low early on Wednesday on forecasts for continued unseasonably mild weather that should keep heating demand extraordinarily light through late December. The front-month January contract is testing the $1.76 2001 support level. If it falls below that, futures would hit their lowest point since March 1999.
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