Energy Update
WASHINGTON, March 26 (Reuters) - The International Monetary Fund on Thursday said it was postponing its next review of its $553 million loan program to Yemen given the uncertain situation in the country.
DUBAI, March 26 (Reuters) - Saudi Arabia has begun drawing down its foreign currency reserves for the first time since 2009 to cover a record state budget deficit caused by the plunge in oil prices, data from the Saudi central bank indicated on Thursday.
U.K. electricity from low-carbon sources accounted for almost a quarter of the country’s generation in the fourth quarter as Drax Group Plc converted a second coal-power plant to burn wood.
BRASILIA, March 26 (Reuters) - Brazil's tax agency said on Thursday that it and federal police have detected corrupt activities at the agency that could have cost state coffers at least 5 billion reais ($1.57 billion).
In the first half of 2014, distributed local solar power constituted over 25 percent of new power plant capacity. This impressive growth continues several years where solar power has grown by leaps and bounds, producing power right where it's needed and juicing up local economies. But many states have limited how much of their electricity can come
Whether you’re marketing to solar installers or consumers, you should probably pay attention to this chart, which reveals that every age demographic overwhelmingly prefers to be contacted by email. From 18-year-olds to retirees above 65, they all want you talking to their inbox, and very few want you talking on the phone. Based on this chart, the b
(Updates ahead of U.S. market open) * Oil rises on fears of Middle East supply disruption * Stocks fall in Europe and Asia, energy stocks rise * Dollar retreats versus yen, euro; rouble gains * Wall Street set to open lower after three days of falls By Marc Jones and Nigel Stephenson LONDON, March 26 (Reuters) - Escalating tensions in the Middle East as Saudi Arabia and its allies launched air strikes on Yemen pushed oil prices up as much as 6 percent on Thursday, and
LONDON, March 26 (Reuters) - Air strikes by Saudi Arabia and its allies in Yemen have sparked a modest rise in oil prices of $3 per barrel, even though Yemen plays a marginal role in the global oil market.
LONDON, March 26 (Reuters) - Investors took refuge in German bonds on Thursday after Saudi Arabia launched air strikes in Yemen but analysts said a further fall in yields was capped by the prospect of an inflation-boosting oil price rise.
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