Energy Update
SINGAPORE, May 8 (Reuters) - Commodity trader Noble Group has been re-admitted to the trading processes used to set global oil prices by reporting agency Platts, after having been barred from full participation in April, according to two people familiar with the matter.
The fact that the election has had a clear result will help the energy industry to settle down and start planning investments again, but longer-term there remain some important questions.
RIO DE JANEIRO, May 8 (Reuters) - With less than 500 days until Rio de Janeiro hosts the Olympic Games, construction of several venues has not started and some major contracts have not even been tendered, setting the stage for a last-minute rush that will likely drive up costs.
(Fri, 08 May 2015) Increases in the size of commercial buildings have outpaced increases in the number of those buildings over the past decade, according to EIA's Commercial Buildings Energy Consumption Survey. The survey is the only nationally representative data collection for building characteristics and energy use in commercial buildings.
LAS VEGAS, May 7 (Reuters) - Billionaire investor T. Boone Pickens, who cemented his fortune with bets on oil companies, said the price of oil would likely hit $75 dollars a barrel by yearend as demand revives.
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