On Tuesday, Crude oil futures dropped during early Asian trading hours with investor ignoring signs of tension in the market focusing more on concerns and sudden declines in stocks on worries of approaching vote on Brexit or the likely exit of Britain from the European Union.
This week's rig count report from Baker Hughes shows the number of rigs drilling for oil and gas in the U. S. reached 414. That's a spike of six rigs compared to last week. It indicates some positive note from the oil and gas industry as price rises.
On Friday, a fire broke out at the largest solar power plant of the world in California-Nevada border on 4,000 acres of public land in the Mojave Desert. The reason of the fire is said to be misaligned mirrors.
Submitted by Anil Dayal on Tue, 05/17/2016 - 04:07
The Albuquerque City Council has announced its decision to delay a decision on a proposal to ensure that the New Mexico's largest city gets around a quarter of its electricity from solar sources by the year 2025, by two weeks.
