Energy Update
MOSCOW, Dec 2 (Reuters) - Turkey's worsening dispute with Russia over the downing of a Russian warplane is prompting Ankara to prepare to source vital food and energy imports elsewhere, underscoring the dispute's potential to up-end lucrative trade ties.
Murilo Ferreira, chairman of Brazil-based energy conglomerate Petrobras (Petroleo Brasileiro SA), has stepped down effective Nov. 30.
The Sydney, Australia-based Clean Energy Finance Corporation recently committed $100 million for a new Australian Bioenergy Fund to advance the country’s bioenergy sector.
The African Union, an alliance of 54 countries, announced a plan to mobilize $20 billion to develop at least 10 GW of renewable energy on the continent by the end of the decade.
MOSCOW, Dec 2 (Reuters) - Russia's defence ministry said on Wednesday it had proof that Turkish President Tayyip Erdogan and his family were benefiting from the illegal smuggling of oil from Islamic State-held territory in Syria and Iraq.
President Barack Obama hadn’t even made it home from climate talks in Paris when Republicans in Congress voted to kill the regulations backing his carbon-cutting pledge.
Princeton, N.J.-based Princeton Power Systems said on Dec. 1 that it completed delivery of the latest generation of its 100 kW grid-tied inverters for an energy storage project in Boothbay, Maine.
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