Energy Update
While dealing with sooty clouds from massive forest fires in the past several weeks, Indonesia has submitted its post-2020 climate action plan, known as an Intended Nationally Determined Contribution.
LOS ANGELES, Oct 7 (Reuters) - California Governor Jerry Brown on Wednesday signed into law a bill requiring the state to produce half of its electricity from renewable sources by 2030, the most aggressive target in the country.
LONDON/MOSCOW Oct 7 (Reuters) - Mining firm Norilsk Nickel's success in selling Russia's first big foreign bond in nearly a year hints at some revival of investor interest towards the sanctions-hit and energy-sapped economy. But it's a trickle not a flood.
LONDON, Oct 7 (Reuters) - Like bulls in a China shop, financial markets have gone on the rampage just as predictions of another global recession gain ground and talk swirls of a lost decade in Beijing.
Oct 7 (Reuters) - A House of Representatives bill is due to go to the floor this week, one step closer to lifting the 40-year-old ban on the export of U.S. crude oil. The window of opportunity was opened by the continuing plunge in oil prices, now at a six-year low, as falling demand and booming production have created an overabundance of global supply.
SAO PAULO, Oct 7 (Reuters) - A commission hired by Brazil's state-run energy utility Eletrobras to probe possible violations of U.S. and Brazilian anti-corruption laws involving the company is studying three Amazonian dam projects and a nuclear power plant, two sources familiar with the investigation said.
Oct 7 (Reuters) - General Electric Co said on Wednesday it had started a company to focus on energy efficiency to help corporate and other customers lower their energy bills and better manage power distribution.
CHICAGO, Oct 7 (Reuters) - Global commodities trader Cargill Inc effectively navigated tumbling commodities markets and volatile currencies to turn in a 20-percent gain in first-quarter profit, the privately held company said on Wednesday.
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