Energy Update
OSLO, Jan 31 (Reuters) - Oslo's main trash incinerator has
shown promising results in the world's first experiment to
capture greenhouse gases from the fumes of burning rubbish as a
new way to slow climate change, officials said on Tuesday.
Jan 31 (Reuters) - Imperial Oil Ltd, majority owned
by Exxon Mobil Corp, reported a sharp rise in
fourth-quarter profit, helped by a gain from the sale of its
service stations.
In the year following the signing of the Paris Agreement in 2015, there was an increased interest in building a broad spectrum of financial solutions that can both deliver on commitments to reduce global greenhouse gas emissions and deliver in the unique markets of disparate countries.
HOUSTON, Jan 31 (Reuters) - Exxon Mobil Corp, the
world's largest publicly traded oil producer, posted a
better-than-expected quarterly profit on Tuesday helped by
rising crude prices and lower costs.
LONDON, Jan 31 (Reuters) - Britain will maintain the closest
possible nuclear cooperation with the European Union after it
leaves the bloc and the European Atomic Energy Community
(Euratom), Britain's Brexit minister David Davis said on
Tuesday.
Jan 31 (Reuters) - Valero Energy Corp, the largest
independent U.S. refiner, reported a higher quarterly profit as
lower corn and stronger ethanol prices boosted the company's
ethanol unit results.
Jan 31 (Reuters) - Coal and natural gas producer Consol
Energy Inc reported a quarterly loss and said it was
looking to sell its coal business or spin it off to
shareholders.
LONDON, Jan 31 (Reuters) - Chrysaor, which has just bought
much of Shell's UK North Sea assets for up to $3.8
billion, said it was in the market for more North Sea deals to
expand its newly acquired position as one of the basin's biggest
independent producers.
Tesla Motors Inc. is making a huge bet that millions of small batteries can be strung together to help kick fossil fuels off the grid. The idea is a powerful one—one that’s been used to help justify the company’s $5 billion factory near Reno, Nev.—but batteries have so far only appeared in a handful of true, grid-scale pilot projects.
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