Energy Update
Dec 8 (Reuters) - The U.S.
NEW YORK, Dec 8 (Reuters) - The U.S. government on Tuesday raised its projected decline rate for crude oil production next year, furthering a year-long rout that has pressured benchmark prices to near a seven-year low.
Examining the history of oil-indexation of natural gas, factors behind the region's increasing preference to hub-pricing, and how new LNG supply is likely to further displace oil-indexed gas.
NEW YORK, Dec 8 (Reuters) - Oil price swings weighed on stocks and exchange-traded funds again on Tuesday, hitting the shares of energy producers for the fifth consecutive trading day.
Dec 8 (Reuters) - Oil bull Andy Hall's Astenbeck Capital Management lost almost 10 percent in November as the hedge fund heads toward its worst year ever amid a global crude glut, data showed on Tuesday.
PARIS, Dec 8 (Reuters) - Norway's $850-billion wealth fund, the world's largest, has sold out of some electricity producers in the course of 2015, its CEO told Reuters on Tuesday, without saying how many and which ones.
Arriving at NRG Energy Inc.’s Ivanpah solar electric generating system while it is making power is nothing less than an awe-inspiring experience.
PARIS, Dec 8 (Reuters) - Norway's $850-billion sovereign wealth fund, the world's largest, would target investments in renewable energy, the transport sector and grids, if it were allowed to invest in unlisted infrastructure, the fund's CEO told Reuters on Tuesday.
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