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Saudi Aramco’s oil output rises to annual record

Bloomberg Saudi Arabian Oil Co., the world’s largest oil exporter, increased production to an annual record last year before the kingdom led OPEC and other major producers to curb output to counter a global oversupply. Crude production averaged 10.5 million barrels a day compared with 10.2 million barrels in 2015, the state-owned company known as Aramco said in its annual ...

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Renewables top nukes in US power mix for first time since 1984

Bloomberg For the first time in more than 30 years, America’s nuclear plants have fallen behind wind farms, solar panels and other renewable energy suppliers as a source of electricity. In March and April, US power from utility-scale renewables topped output from reactors for the first time since July 1984, according to a US Energy Information Administration report. Supplies from ...

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Mississippi order ends Southern clean coal effort

Bloomberg A seven-year, $7.5 billion effort to build a first-of-its-kind “clean coal” power plant in Mississippi is officially over. Mississippi regulators ordered utility owner Southern Co. to come up with a deal that’ll have the Kemper plant — once hailed by the Obama administration as the future of coal — running as a natural gas-fired generator instead. That ratified Southern’s ...

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