Energy Update

Jenn Runyon, Chief Editor of Renewable Energy World and Paula Mints, Chief Market Research Analyst with SPV Market Research discuss three hot topics in the global solar industry for three minutes each. Today’s topics include the official numbers for China's annual installed capacity for 2016, how the solar industry deceives itself with "alternative facts," and some of the changes already underway with the new U.S. government in place. Check it out.

(Thu, 16 Feb 2017) U.S. production of uranium concentrate (U3O8) totaled 2.9 million pounds in 2016, 13% lower than the uranium produced in 2015 and the lowest annual U.S. production since 2005. U.S. uranium concentrate production in 2016 was less than 7% of the historical peak production level of 43.7 million pounds in 1980.

Chariot Oil & Gas wholly owned subsidiary Chariot Oil & Gas Investments (Morocco), has been awarded a 75% interest and operatorship of the Kenitra Offshore Exploration Permit of Morocco in partnership with the Office National des Hydrocarbures et des Mines (ONHYM) which holds a 25% carried interest.

ExxonMobil announced the expansion of its Singapore refinery to support the production of the company’s EHC Group II base stocks, which will strengthen the global supply of these products and enhance the Singapore facility’s competitiveness. Construction is expected to begin during the second quarter of 2017 with completion anticipated in 2019.