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Olkaria III expansion debt signed
Ormat Technologies’ OrPower 4 subsidiary has signed a $310 million facility with the Overseas Private Investment Corporation (OPIC) for the Olkaria III geothermal power complex in Naivasha, Kenya.
UPDATE 1-US crude stocks fall sharply following Hurricane Isaac-EIA
* Gasoline demand at one-year high-EIA
* Refinery utilization falls sharply in Gulf Coast
* U.S. gasoline inventories drop below 200 million bbls
(Adds detail, analyst comment, price reaction, table)
—— API —— —— EIA —–
Stocks Change Change Stocks Change Change
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Crude 35
