Energy Update
Connecting new housing estates to their own private electricity grids fuelled by renewable energy is the cornerstone of ZEN Energy’s plan to put power back in the hands of consumers.
BOSTON, Dec 1 (Reuters) - Several of the world's biggest climate-focused mutual funds have stakes in traditional oil and gas companies mixed in with their solar, wind and clean tech holdings, a potential shock to green investors seeking to avoid fossil fuels altogether.
LONDON, Dec 1 (Reuters) - As ministers from the Organization of the Petroleum Exporting Countries head to Vienna, hedge funds have almost never been more bearish about the outlook for oil prices.
WASHINGTON, Dec 1 (Reuters) - More than 40 percent of Islamic State's oil revenue has been affected by U.S.-led strikes over the past month, the top U.S.
Austin, Texas-based Thermal Energy Partners recently signed a PPA worth about $800 million for the first of four planned geothermal projects in the Caribbean.
Dec 1 (Reuters) - A federal judge ordered Anadarko Petroleum Corp to pay a $159.5 million civil fine reflecting its stake in the Gulf of Mexico well whose 2010 blowout caused the largest U.S. offshore oil spill.
LONDON/OSLO, Dec 1 (Reuters) - Norwegian companies that provide supply ships and drilling rigs to the global oil industry face a bleak year ahead as contracts disappear and financing options dwindle in the face of weak global crude prices.
VIENNA, Dec 1 (Reuters) - OPEC is heading for a tough meeting this week, delegates and officials said on Tuesday, as country members pump record volumes amid an uncertain demand outlook and as the prospects of a U.S. interest rate hike could push oil prices even lower.
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