Energy Update
(Fri, 31 Jul 2015) In April, traditionally the month when total electricity demand is lowest, U.S. generation of electricity fueled by natural gas exceeded coal-fired generation for the first time since the start of EIA's monthly generation data in 1973. However, EIA's latest Electric Power Monthly shows that coal's generation share once again exceeded that of natural gas during May.
BEIJING, July 31 (Reuters) - Profits from China's coal sector slumped in the first six months of 2015 with more than 70 percent of firms suffering losses, the country's state planning agency said, as miners grapple with persistently weak demand and chronic oversupply.
SAO PAULO, July 30 (Reuters) - The lawyer behind the plea bargain deals that helped investigators unearth a multi-billion-dollar corruption scandal at Brazilian state-run oil firm Petrobras said on Thursday she closed her law firm because she felt threatened by a congressional committee.
PORTLAND, Ore., July 30 (Reuters) - Greenpeace protesters dangling from a bridge in Portland, Oregon, on Thursday forced back an icebreaker that Royal Dutch Shell needs in Alaska to start drilling in the Arctic, as a U.S.
PORTLAND, Ore., July 30 (Reuters) - Greenpeace protesters dangling from a bridge in Portland, Oregon, on Thursday forced back an icebreaker that Royal Dutch Shell needs in Alaska to start drilling in the Arctic, as a U.S. judge ordered the group to pay daily fines starting at $2,500 per hour.
NEW YORK, July 30 (Reuters) - U.S.
RIO DE JANEIRO, July 30 (Reuters) - A U.S. judge earlier this month kept alive a lawsuit against Brazil's Petrobras in part because he doubted the state-led oil company's contention that some assurances it made about ethics and governance amounted to "mere puffery."
HOUSTON, July 30 (Reuters) - U.S. motorists are using more "premium" high-octane gasoline as low oil prices led to cheaper fill-ups at the pump.
LUSAKA, July 30 (Reuters) - Zambia's Copperbelt Energy Corporation will cut power supply to mines it services by 30 percent from midnight, a senior industry official said on Thursday.
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