Energy Update
Feb 2 (Reuters) - Oil and natural gas explorer Vanguard
Natural Resources LLC filed for bankruptcy protection,
adding to a long list of energy firms that have succumbed to
weak oil prices.
RIYADH, Feb 2 (Reuters) - Saudi Aramco is likely to list its
shares simultaneously on more than one exchange but this is
still under evaluation, Energy Minister Khalid al-Falih said on
Thursday.
Feb 2 (Reuters) - ConocoPhillips, the largest U.S.
independent oil producer, posted a much smaller quarterly loss
from a year earlier, when it recorded a $2.7 billion charge.
ISLAMABAD, Feb 2 (Thomson Reuters Foundation) - Mushtaq
Khan, a 48-year-old bank manager, used to enjoy his nightly jog
in Islamabad's huge Fatima Jinnah Park - until worsening power
cuts two years ago began plunging him into darkness mid-stride,
forcing him to run in the morning instead.
Of the more than 500 exhibitors at DistribuTECH this week in San Diego, a good percentage of them are showcasing their cutting edge tools and services that will help utilities better manage energy on the grid and/or better manage their own T&D operations.
The world’s biggest solar-thermal power plant is finally producing enough electricity. The Ivanpah Solar Electric Generating System in Southern California initially failed to meet contractual obligations, and a yearlong forbearance deal with Pacific Gas & Electric Co. expired Wednesday.
Most people don’t realize that Alcatraz Island, located in the middle of the San Francisco Bay, is also home to one of the nation’s largest microgrids.
* Russian oil output down to 11.11 mln bpd in January
* Pipeline oil exports up to 4.409 mln bpd last month
* Russia pledged to cut oil output by 300,000 bpd by H1-end
* All Russian majors cut oil output in January
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