Energy Update
Two solar news items are drawing attention to both the opportunities and challenges facing this increasingly schizophrenic sector in China. A new mega-project is spotlighting the huge opportunities for new construction in the space, with word that a recently launched private equity fund plans to build a massive solar farm with a whopping 2 gigawatt
WASHINGTON, April 21 (Reuters) - The U.S. Supreme Court on Tuesday ruled that a federal law governing the natural gas market does not shield energy companies from state antitrust claims made over the western U.S. energy crisis between 2000 and 2002.
ALMATY, April 21 (Reuters) - President Nursultan Nazarbayev will extend his nearly 26-year rule of Kazakhstan in an election on Sunday which investors hope will maintain stability in the Central Asian state despite criticism of his rights record.
April 21 (Reuters) - Baker Hughes Inc, which is being bought by Halliburton Co for $35 billion, said it expects "unfavorable market conditions" to persist in the second quarter as drillers turn off more rigs, intensifying a glut in oilfield services.
Juha Sipila, who once converted his own Chevrolet to run on wood-gas, is counting on the abundant Finnish forests to provide the key to an economic revival.
April 21 (Reuters) - U.S.
ATYRAU, Kazakhstan, April 21 (Reuters) - Kazakhstan's leading oil producer has slowed its expansion plans further and cut planned spending this year in response to lower oil prices, a senior executive at Chevron's joint venture Tengizchevroil (TCO) said.
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