Energy Update
NEW YORK, March 25 (Reuters) - U.S. crude inventories soared last week to extend their record build into the eleventh consecutive week as stocks at the Cushing, Oklahoma, delivery hub also hit another peak, data from the Energy Information Administration (EIA) showed on Wednesday.
NEW YORK, March 25 (Reuters) - The rapid rise in the number of miles driven by U.S. motorists continued into January, federal data showed this week, with travel gaining 4.9 percent from a year ago to another record high.
GENEVA, March 25 (Reuters) - International backers of Libya's rival factions must pressure the warring groups to work out a political deal and help to choke off the supply of guns to the country, a U.N.
VIENNA, March 25 (Reuters) - New board members at Austrian companies OMV and Telekom Austria may include a former member of the European Central Bank's (ECB) executive board and a former OMV chief executive, the committee charged with the choices said.
ADEN, Yemen, March 25 (Reuters) - Sounds of gunfire and explosions were heard at a Yemen army base in the centre of Aden on Wednesday, residents told Reuters, and Houthi militia forces were within about 20 km (12 miles) of the city's northern entrance.
Even a few years ago, renewable energy played only a small role in most countries’ energy planning. While governments and publics were eager to increase the share of renewables in their energy systems, the economics of doing so were challenging. There were also serious concerns about the impact on the electricity grid of adding too much capacity from variable renewable energy sources, such as solar and wind.
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