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EIA revises 2015 U.S. oil production upwards, lowers 2016 forecast

NEW YORK, March 10 (Reuters) - Expected U.S. crude oil production was revised upwards for 2015 but was lowered for 2016, according to data from the U.S. Energy Information Administration on Tuesday.

Exxon, Shell's spending patterns may help them through oil price drop

LONDON, March 10 (Reuters) - The world's two biggest oil firms, Exxon Mobil Corp and Royal Dutch Shell, may withstand the oil price collapse better than their rivals because they are closer to finishing expensive investment projects while others must keep spending.

First Solar, SunPower Joint Venture Will Own Rooftop Systems

First Solar Inc. and SunPower Corp., the two largest U.S. solar-panel manufacturers, said their joint venture will own a stake in residential rooftop systems in addition to large-scale projects in California and Maryland.

Libya oilfield attack blow to U.N. peace talks

CAIRO, March 10 (Reuters) - An attack by Islamist militants on a Libyan oilfield where they beheaded security guards and kidnapped foreign workers underlines the difficulties facing U.N.-sponsored peace talks due to resume this week.

Venezuela's Maduro seeks decree powers to face U.S. 'imperialism'

CARACAS, March 10 (Reuters) - President Nicolas Maduro was seeking special decree powers from Venezuela's parliament on Tuesday in response to new U.S.

U.S. lifts sanctions against Belarussian oil firm

MINSK, March 10 (Reuters) - The United States has removed sanctions against Belorusneft, a state-owned Belarussian energy company, imposed in 2011 for its involvement in the Iranian petroleum sector, the U.S. government said on Tuesday.

COLUMN-OPEC is winning its battle with U.S. shale: Kemp

LONDON, March 10 (Reuters) - U.S.

Is Energy Efficiency the More Persistent Threat to Utilities?

While local renewable energy and energy efficiency are both proving to be near-existential threats to electric utilities in the early 21st century, the trends aren’t the same. The rapid rise of renewable energy gets the headlines, and it's big news. Total renewable energy capacity has grown 10-fold since 2003 and in certain parts of the country, wi

U.S. Solar Energy Industry Achieves Record-Shattering Year

Today’s new economy is driven by industries that are characterized by cutting-edge technology and high growth. Sound familiar? Well, it should. Remarkably, America’s solar energy industry, which continues to grow at a very brisk pace, now has more employees than tech giants Apple, Google, Facebook and Twitter combined. And to top it all off, 2014 t

Negotiations drawn out over Mongolia's largest coal mine

ULAN BATOR, March 10 (Reuters) - Talks to allow a consortium led by China's Shenhua Energy to take over Mongolia's largest coal mine have yet to be completed, with the project still paying off debts to another Chinese state miner, an official said on Tuesday.

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