Energy Update
MILAN, Feb 1 (Reuters) - French luxury goods group LVMH
will set up a design and manufacturing joint venture
with spectacles maker Marcolin, and take a 10 percent stake in
the Italian company, to give it more control over its
prestigious eyewear brands.
Feb 1 (Reuters) - Natural gas pipeline company Oneok Inc
said it would buy the remainder of the company for $9.3
billion, adding to a string of master limited partnerships deals
aimed at simplifying structures and increasing returns.
ANTWERP, Feb 1 (Reuters) - An extension of OPEC oil
production cuts could push oil prices too high to meet Saudi
Arabia and others' objective of balancing the market without
encouraging U.S. shale output, Gunvor's head of oil market
research said on Wednesday.
On Tuesday at DistribuTECH in San Diego, Calif., experts debated the future of microgrids with a large focus on the economics of these distributed energy resources and energy management systems.
LAUNCESTON, Australia, Feb 1 (Reuters) - There is
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
On Tuesday at a breakfast meeting during DistribuTECH, Julia Hamm, CEO and President of the Smart Electric Power Alliance (SEPA), and Sharon Allan, CEO and President of Smart Grid Interoperability Panel (SGIP), announced their intent to merge the two organizations under the SEPA brand and organizational umbrella.
Feb 1 (Reuters) - Natural gas pipeline company Oneok Inc
, which owns more than 19 percent of Oneok Partners LP
, said it would buy the remainder of the company for $9.3
billion.
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