Energy Update
WASHINGTON, March 20 (Reuters) - The U.S. Federal Aviation Administration plans to unveil new steps soon to make it easier for companies to use drone aircraft for specific business operations, according to people with knowledge of the matter.
BEIJING, March 23 (Reuters) - Chinese prosecutors on Monday charged a former senior energy executive with bribery, abuse of power and other corrupt practices, the latest official to face court in a sweeping crackdown on corruption.
GRAPHIC-Oil prices vs US dollar: http://link.reuters.com/zyp74s By Henning Gloystein SINGAPORE, March 23 (Reuters) - The foreseeable end of years of zero interest rate policy in the United States is putting further downward pressure on oil markets, which have already fallen by more than half because of soaring output clashing with slowing demand.
MUMBAI, March 23 (Reuters) - Shares in India's Jindal Steel and Power Ltd were heading towards their biggest daily loss in almost two years on Monday, hit by concerns over the company's ability to feed its power plants after the rejection of its bids for three coal mines auctioned by the government.
(Mon, 23 Mar 2015) After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased over time.
(Mon, 23 Mar 2015) The Electric Power Annual presents 11 years (2003 - 2013) of national-level data on electricity generating capacity, electricity generation and useful thermal output, fuel receipts, consumption, and emissions.
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