Energy Update
Knight Construction & Supply Co. has won a $3.7 million contract from the U.S. Army Corps of Engineers to rehabilitate spillway gates at the Blue River Dam in Oregon.
DICKINSON, N.D./NEW YORK, Oct 15 (Reuters) - Occidental Petroleum Corp, the fourth-largest U.S. oil producer, has agreed to sell all of its North Dakota shale oil acreage and assets to private equity fund Lime Rock Resources in a deal worth around $500 million, according to sources familiar with the matter.
Oct 15 (Reuters) - Schlumberger Ltd, the world's No.1 oilfield services provider, reported a marginally better-than-expected quarterly profit, as deep cost cuts and efficiency improvements helped cushion the impact of weak North American drilling activity.
Oct 15 (Reuters) - Schlumberger Ltd, the world's No.
LONDON, Oct 15 (Thomson Reuters Foundation) - The process of countries building their own national plans to use more clean energy and cut climate-change risks - the basis for a new global climate deal - has kick-started genuine action in many of those countries, climate experts argued on Thursday.
WASHINGTON, Oct 15 (Reuters) - The Obama administration on Thursday awarded nearly $15 million in grants to projects across 12 coal-reliant states and tribal territories to help them diversify their local economies as the domestic coal industry wanes.
Brazil approved higher rates for wind and solar farms that are planning to participate in an energy auction next month as the country’s currency slumps.
I typed the words “free solar” into Google and got 747,000,000 hits in half a second. We all know that solar systems are not free. But the technology that is being marketed is still so new and complicated that it is easy to scam homeowners who are eager to save money.
Platts' Greg Smart explains how concerns over the Chinese economy, supply concerns and weaker global manufacturing impacted base metals markets in September.
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