Energy Update
CALGARY, Alberta, April 9 (Reuters) - Canadian oil and gas producer Calvalley Petroleum Inc said on Thursday it will liquidate and restructure due to the political crisis in Yemen, where it has almost all of its operations.
BOGOTA, April 9 (Reuters) - Colombia will extend its halt on bombing raids against Marxist FARC rebels for another month, President Juan Manuel Santos said on Thursday after ordering a one-month suspension of the air raids in March to abet talks to end 50 years of war.
With more than 8,000 companies now operating nationwide, solar energy has become one of the fastest-growing industries in America — thanks, in large part, to remarkable growth on both the West and East coasts. California, as expected, continues to lead the way with nearly 10 gigawatts (GW) of installed solar capacity, but on the other side of the c
BRASILIA, April 9 (Reuters) - State-run oil company Petrobras has purged corrupt managers and put a graft scandal behind it, while hitting record output levels from off-shore deposits, Brazil's President Dilma Rousseff said on Thursday.
The government of Shandong province, China has recently disclosed progress in its energy efficiency efforts. To date, the province has planned efficiency conversions of existing residential buildings representing 19.5 million square meters of space.
BEIJING, April 9 (Reuters) - OPEC's strategy of holding output steady is not working and the group's members should discuss production levels before its next meeting in June, Iran's oil minister said, a sign of the pain lower prices are causing OPEC's less wealthy producers.
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