OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday
said the odds were "extremely high" that his Berkshire Hathaway
Inc would buy back "a lot" of its stock if the price
fell below 1.2 times book value, a level it recently approached.
Read more
Saturday, April 30, 2016
Buffett defends Berkshire's big Coke stake
OMAHA, Neb., April 30 (Reuters) - Warren Buffett on Saturday
vigorously defended Berkshire Hathaway Inc's
large, long-standing investment in Coca-Cola Co,
rejecting critics who say the company's sugary drinks harm
people's health.
Read more
vigorously defended Berkshire Hathaway Inc's
large, long-standing investment in Coca-Cola Co,
rejecting critics who say the company's sugary drinks harm
people's health.
Read more
Hundreds of protesters storm Baghdad's Green Zone -Reuters witnesses
BAGHDAD, April 30 (Reuters) - Hundreds of supporters of
Shi'ite Muslim cleric Moqtada al-Sadr on Saturday stormed
Baghdad's Green Zone and some entered the parliament building
after lawmakers failed to convene for a vote on overhauling the
government, two Reuters witnesses said.
Read more
Shi'ite Muslim cleric Moqtada al-Sadr on Saturday stormed
Baghdad's Green Zone and some entered the parliament building
after lawmakers failed to convene for a vote on overhauling the
government, two Reuters witnesses said.
Read more
UPDATE 1-China's Hunan Dakang buys control of Brazil grains trader Fiagril
SAO PAULO, April 29 (Reuters) - Brazilian grains company
Fiagril Participações SA sold a controlling stake to China's
Hunan Dakang Pasture Farming Co Ltd, a unit of
Shanghai Pengxin Group Co, the Brazilian company said on Friday.
Read more
Fiagril Participações SA sold a controlling stake to China's
Hunan Dakang Pasture Farming Co Ltd, a unit of
Shanghai Pengxin Group Co, the Brazilian company said on Friday.
Read more
Friday, April 29, 2016
UPDATE 1-U.S. says working with Russia to revive Syria ceasefire
WASHINGTON, April 29 (Reuters) - The United States said on
Friday it was in discussions with Russia about trying to renew
the cessation of hostilities in Syria following the deadly
bombing this week of a hospital in Aleppo.
Read more
Friday it was in discussions with Russia about trying to renew
the cessation of hostilities in Syria following the deadly
bombing this week of a hospital in Aleppo.
Read more
UK regulator suspends flights of Super Puma model that crashed in Norway
OSLO/LONDON, April 29 (Reuters) - The British civil aviation
authority said it was suspending flights of Airbus
Super Puma helicopters of the same type that crashed off the
west coast of Norway on Friday.
Read more
authority said it was suspending flights of Airbus
Super Puma helicopters of the same type that crashed off the
west coast of Norway on Friday.
Read more
White House says U.S. working to refresh Syria ceasefire
WASHINGTON, April 29 (Reuters) - The White House said on
Friday that the United States and Russia have been working to
renew the cessation of hostilities in Syria, despite the deadly
bombing this week of a hospital in Aleppo.
Read more
Friday that the United States and Russia have been working to
renew the cessation of hostilities in Syria, despite the deadly
bombing this week of a hospital in Aleppo.
Read more
UPDATE 2-Spot U.S. crude rally narrows contango, reduces storage economics
April 29 (Reuters) - Spot U.S. crude oil futures' discount
to the next trading month, known as contango, hit its smallest
levels since January on Friday, reducing the advantages of
storing oil in the United States for later delivery.
Read more
to the next trading month, known as contango, hit its smallest
levels since January on Friday, reducing the advantages of
storing oil in the United States for later delivery.
Read more
Output at N.Sea Gullfaks B platform shut after helicopter crash-Statoil
OSLO, April 29 (Reuters) - Production at the
Statoil-operated Gullfaks B platform in the North Sea
is shut for an undetermined period following a helicopter crash
in which 13 platform staff are presumed dead, a senior company
official said.
Read more
Statoil-operated Gullfaks B platform in the North Sea
is shut for an undetermined period following a helicopter crash
in which 13 platform staff are presumed dead, a senior company
official said.
Read more
Crashed helicopter had maintenance delayed twice in 2015-report
OSLO, April 29 (Reuters) - An Airbus Super Puma
helicopter that crashed off the Norwegian coast on Friday,
killing at least 11 of the 13 people on board, had maintenance
servicing delayed twice last year, an official at the Norwegian
Civil Aviation Authority told Norwegian daily VG.
Read more
helicopter that crashed off the Norwegian coast on Friday,
killing at least 11 of the 13 people on board, had maintenance
servicing delayed twice last year, an official at the Norwegian
Civil Aviation Authority told Norwegian daily VG.
Read more
Kenya aims to complete $2.1 bln crude oil pipeline by 2021
NAIROBI, April 29 (Reuters) - Kenya will start a search next
week for companies to design a crude oil export pipeline costing
some $2.1 billion and which should be completed by 2021, Energy
and Petroleum Minister Charles Keter said on Friday.
Read more
week for companies to design a crude oil export pipeline costing
some $2.1 billion and which should be completed by 2021, Energy
and Petroleum Minister Charles Keter said on Friday.
Read more
RPT--Libya outlines ambitious plans to restore oil output
LONDON/TRIPOLI, April 28 (Reuters) - Libya's National Oil
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
Read more
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
Read more
RPT-WRAPUP 1-Refining's silver lining loses luster at Exxon and Chevron
HOUSTON, April 29 (Reuters) - Exxon Mobil Corp and
Chevron Corp posted sharp drops in quarterly results on
Friday as an oversupplied fuel market shrank profits from their
refining units, which until now had provided healthy margins
that helped insulate them from a 60 percent slide in oil prices
since mid-2014.
Read more
Chevron Corp posted sharp drops in quarterly results on
Friday as an oversupplied fuel market shrank profits from their
refining units, which until now had provided healthy margins
that helped insulate them from a 60 percent slide in oil prices
since mid-2014.
Read more
WRAPUP 1-Canadian GDP slips in February after January growth surge
OTTAWA, April 29 (Reuters) - The Canadian economy contracted
in February after a strong start to the year, as activity in the
manufacturing and natural resource sectors declined, suggesting
that low energy prices continue to impede growth.
Read more
in February after a strong start to the year, as activity in the
manufacturing and natural resource sectors declined, suggesting
that low energy prices continue to impede growth.
Read more
Russia considers further increase in mineral tax in 2017 - sources
MOSCOW, April 29 (Reuters) - Russia's finance ministry,
faced with a big budget deficit, has been considering an
additional increase in a mineral extraction tax for oil
companies, which may yield up to 200 billion roubles ($3.1
billion) in revenues, sources said on Friday.
Read more
faced with a big budget deficit, has been considering an
additional increase in a mineral extraction tax for oil
companies, which may yield up to 200 billion roubles ($3.1
billion) in revenues, sources said on Friday.
Read more
11 people found dead in Norway helicopter crash
OSLO, April 29 (Reuters) - Emergency services have found 11
bodies after a helicopter crashed off the west coast off Norway
on Friday, a rescue official told broadcaster NRK.
Read more
bodies after a helicopter crashed off the west coast off Norway
on Friday, a rescue official told broadcaster NRK.
Read more
UPDATE 1-Canada economic activity eased in Feb as goods sectors fell
OTTAWA, April 29 (Reuters) - The Canadian economy stalled in
February after a strong start to the year, as activity in the
manufacturing and natural resource sectors declined, data from
Statistics Canada showed on Friday, suggesting that low oil
prices continue to impede growth.
Read more
February after a strong start to the year, as activity in the
manufacturing and natural resource sectors declined, data from
Statistics Canada showed on Friday, suggesting that low oil
prices continue to impede growth.
Read more
UPDATE 1-Canada's Imperial Oil posts bigger-than-expected loss
April 29 (Reuters) - Imperial Oil Ltd, Canada's
integrated oil producer and refiner, reported a slightly
bigger-than-expected quarterly loss, hurt by continued weakness
in crude prices.
Read more
integrated oil producer and refiner, reported a slightly
bigger-than-expected quarterly loss, hurt by continued weakness
in crude prices.
Read more
CORRECTED-UPDATE 1-Vestas has record Q1 order intake, shares rise 4 pct
COPENHAGEN, April 29 (Reuters) - The world's largest wind
turbine maker Vestas received record orders and posted
forecast-beating operating profit in the first quarter, lifting
the Danish company's share price by as much as 4 percent on
Friday.
Read more
turbine maker Vestas received record orders and posted
forecast-beating operating profit in the first quarter, lifting
the Danish company's share price by as much as 4 percent on
Friday.
Read more
Australian coal prices plummet as Colombian cargoes head to Asia
SINGAPORE/SEOUL, April 29 (Reuters) - Australian thermal
coal prices for delivery in June have dropped to 10-year lows as
Colombian miners start sending large volumes into Asia for the
first time, adding cargoes to an already oversupplied market.
Read more
coal prices for delivery in June have dropped to 10-year lows as
Colombian miners start sending large volumes into Asia for the
first time, adding cargoes to an already oversupplied market.
Read more
Marine engineer Fugro retrenches in face of oil and gas rout
AMSTERDAM, April 29 (Reuters) - Marine engineer Fugro
said it was stepping up cost control efforts, cutting
a further 600 jobs over coming quarters, as its oil and gas
industry clients delayed contract awards and exploration budgets
continued to shrink.
Read more
said it was stepping up cost control efforts, cutting
a further 600 jobs over coming quarters, as its oil and gas
industry clients delayed contract awards and exploration budgets
continued to shrink.
Read more
UPDATE 1-Engie first-quarter revenue drops on lower power prices
PARIS, April 29 (Reuters) - French gas and power company
Engie's first-quarter core earnings decreased 1.7
percent to 3.6 billion euros ($4.1 billion) while revenue
slipped 14.3 percent to 18.9 billion due to lower power prices.
Read more
Engie's first-quarter core earnings decreased 1.7
percent to 3.6 billion euros ($4.1 billion) while revenue
slipped 14.3 percent to 18.9 billion due to lower power prices.
Read more
Thursday, April 28, 2016
UPDATE 1-Brazil prosecutors charge Rousseff campaign strategist
CURITIBA, Brazil, April 28 (Reuters) - Brazilian prosecutors
charged political strategist Joao Santana, the architect of
President Dilma Rousseff's 2010 and 2014 election victories, and
16 others with corruption on Thursday as part of a massive graft
investigation.
Read more
charged political strategist Joao Santana, the architect of
President Dilma Rousseff's 2010 and 2014 election victories, and
16 others with corruption on Thursday as part of a massive graft
investigation.
Read more
TIMELINE-Main events in Brazil corruption probe
April 28 (Reuters) - Brazilian prosecutors charged political
strategist Joao Santana, the architect of President Dilma
Rousseff's 2010 and 2014 election victories, with corruption on
Thursday.
Below are some of the main events in the investigation
focused on state-run oil company Petroleo Brasileiro SA, or
Petrobras.
March 20, 2014
Federal police arrest the former head of Petrobras' refining
and supply department, Paulo Roberto Costa, after noticing Costa
was given a Range Rove
Read more
strategist Joao Santana, the architect of President Dilma
Rousseff's 2010 and 2014 election victories, with corruption on
Thursday.
Below are some of the main events in the investigation
focused on state-run oil company Petroleo Brasileiro SA, or
Petrobras.
March 20, 2014
Federal police arrest the former head of Petrobras' refining
and supply department, Paulo Roberto Costa, after noticing Costa
was given a Range Rove
Read more
Biden to meet Kurdish officials in unannounced visit to Erbil
ERBIL, Iraq, April 28 (Reuters) - U.S. Vice President Joe
Biden made an unannounced visit on Thursday to Erbil, the
capital of Iraq's autonomous Kurdish region, to show support for
the Kurdish government.
Read more
Biden made an unannounced visit on Thursday to Erbil, the
capital of Iraq's autonomous Kurdish region, to show support for
the Kurdish government.
Read more
Equatorial Guinea's President Obiang wins re-election
DAKAR, April 28 (Reuters) - Equatorial Guinea's President
Teodoro Obiang Nguema has won re-election, securing 93.7 percent
of votes cast in an April 24 poll to extend his 37-year rule
over the Central African oil producer, a government statement
said on Thursday.
Read more
Teodoro Obiang Nguema has won re-election, securing 93.7 percent
of votes cast in an April 24 poll to extend his 37-year rule
over the Central African oil producer, a government statement
said on Thursday.
Read more
UPDATE 1-India orders tanker with disputed Libyan oil to await UN instructions
NEW DELHI, April 28 (Reuters) - India has instructed an
Indian-flagged oil tanker that has been blacklisted by the U.N.
not to discharge its cargo of crude oil from Libya's rival
eastern government and to await instructions from the United
Nations, a senior Indian government official said on Thursday.
Read more
Indian-flagged oil tanker that has been blacklisted by the U.N.
not to discharge its cargo of crude oil from Libya's rival
eastern government and to await instructions from the United
Nations, a senior Indian government official said on Thursday.
Read more
UPDATE 1-Areva's first quarter sales slip as uranium deliveries slow
PARIS, April 28 (Reuters) - French state-controlled nuclear
group Areva said first-quarter sales from its nuclear
fuel and uranium unit fell 0.8 percent to 826 million euros
($936 million) as uranium deliveries slowed.
Read more
group Areva said first-quarter sales from its nuclear
fuel and uranium unit fell 0.8 percent to 826 million euros
($936 million) as uranium deliveries slowed.
Read more
National Oilwell Varco says cut 6,000 jobs in quarter
April 28 (Reuters) - National Oilwell Varco Inc, the
largest U.S. provider of oil drilling equipment, said on
Thursday it slashed 6,000 jobs in the first quarter as weak oil
prices forced its customers to cut production and exploration.
Read more
largest U.S. provider of oil drilling equipment, said on
Thursday it slashed 6,000 jobs in the first quarter as weak oil
prices forced its customers to cut production and exploration.
Read more
CANADA STOCKS-TSX rises, led by gold and energy stocks
TORONTO, April 28 (Reuters) - Canada's main stock index rose
on Thursday as resource stocks rose and Bombardier Inc
rallied after winning a large plane order, while the financials
group retreated.
Read more
on Thursday as resource stocks rose and Bombardier Inc
rallied after winning a large plane order, while the financials
group retreated.
Read more
Libya outlines ambitious plans to restore oil output
LONDON/TRIPOLI, April 28 (Reuters) - Libya's National Oil
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
Read more
Corporation has ambitious plans to restore output to pre-2011
levels after years of violence and disruption, officials said.
Read more
World Bank issues $30 million loan to Armenia for energy sector
YEREVAN, April 28 (Reuters) - The World Bank has decided to
issue a $30 million loan to improve governance of the energy
sector in Armenia, the bank said on Thursday.
Read more
issue a $30 million loan to improve governance of the energy
sector in Armenia, the bank said on Thursday.
Read more
UPDATE 2-ConocoPhillips swings to loss and slashes budget, again
April 28 (Reuters) - ConocoPhillips, the largest
U.S. independent oil company, on Thursday reported a quarterly
loss after a year-earlier profit and slashed its 2016 budget for
the second time this year, its latest response to the slump in
crude prices.
Read more
U.S. independent oil company, on Thursday reported a quarterly
loss after a year-earlier profit and slashed its 2016 budget for
the second time this year, its latest response to the slump in
crude prices.
Read more
RPT-COLUMN-China stimulus may give temporary boost to gasoil margins: Russell
LAUNCESTON, Australia, April 28 (Reuters) - - It may prove
only temporary relief, but Asian refiners appear set to enjoy
higher margins in coming weeks for gasoil, the middle distillate
that includes diesel and jet fuel.
Read more
only temporary relief, but Asian refiners appear set to enjoy
higher margins in coming weeks for gasoil, the middle distillate
that includes diesel and jet fuel.
Read more
Algeria offers incentives in new investment law
April 27 (Reuters) - As part of steps to open up its economy
after a sharp fall in energy earnings, Algeria's government has
drafted a new investment law offering incentives to local and
foreign businessmen in its non-oil sector.
Read more
after a sharp fall in energy earnings, Algeria's government has
drafted a new investment law offering incentives to local and
foreign businessmen in its non-oil sector.
Read more
ConocoPhillips posts quarterly loss, cuts 2016 budget again
April 28 (Reuters) - ConocoPhillips, the largest
U.S. independent oil company, reported a quarterly loss,
compared with a year-earlier profit, and further lowered its
2016 budget as the slump in crude prices sapped profitability.
Read more
U.S. independent oil company, reported a quarterly loss,
compared with a year-earlier profit, and further lowered its
2016 budget as the slump in crude prices sapped profitability.
Read more
UPDATE 1-Marathon Petroleum barely ekes out a profit due to weak crack spreads
April 28 (Reuters) - Refiner Marathon Petroleum Corp
barely eked out a profit in the first quarter, hurt by weak
crack spreads - the difference between the prices of crude oil
and refined products.
Read more
barely eked out a profit in the first quarter, hurt by weak
crack spreads - the difference between the prices of crude oil
and refined products.
Read more
UPDATE 1-MEG Energy posts profit as production costs stay at record low
April 28 (Reuters) - MEG Energy Corp, which
operates in Canada's oil sands, reported a first-quarter profit,
compared with a loss a year earlier, as it managed to keep
production costs at record lows to help cushion the impact of a
slump in oil prices.
Read more
operates in Canada's oil sands, reported a first-quarter profit,
compared with a loss a year earlier, as it managed to keep
production costs at record lows to help cushion the impact of a
slump in oil prices.
Read more
UPDATE 2-Norway bank DNB sees 2016 lending loss at 7-year high, hit by oil
* First quarter net profit falls less than forecast
(Adds quote, bullets, share price, detail)
Read more
(Adds quote, bullets, share price, detail)
Read more
MIDEAST STOCKS-Abu Dhabi, Dubai pulled down by banks; Saudi cools
DUBAI, April 28 (Reuters) - Share price declines among
leading banks in the United Arab Emirates after disappointing
quarterly earnings reports pulled down stock markets there on
Thursday, while Saudi Arabian shares edged down.
Read more
leading banks in the United Arab Emirates after disappointing
quarterly earnings reports pulled down stock markets there on
Thursday, while Saudi Arabian shares edged down.
Read more
BUZZ-Weir: top Stoxx industrial services gainer on guidance hike
** Resources capex co Weir +c.6% & top of Stoxx 600
industrial goods & services after says H1 profits to be
slightly ahead of market expectations
Read more
industrial goods & services after says H1 profits to be
slightly ahead of market expectations
Read more
BUZZ-Anglo American: rallies on sale of Brazilian business
** Anglo American +4% & top Stoxx 600 basic
resources gainer after sells niobium & phosphates
businesses to China Molybdenum for $1.5 bln cash
Read more
resources gainer after sells niobium & phosphates
businesses to China Molybdenum for $1.5 bln cash
Read more
REFILE-UPDATE 1-Anglo American agrees $1.5 bln sale of niobium and phosphates units
LONDON, April 28 (Reuters) - Global mining group Anglo
American said on Thursday it had agreed to sell its
niobium and phosphates businesses to China Molybdenum for $1.5
billion in cash to reduce its debts.
Read more
American said on Thursday it had agreed to sell its
niobium and phosphates businesses to China Molybdenum for $1.5
billion in cash to reduce its debts.
Read more
Wednesday, April 27, 2016
RPT-Turkish conglomerates race into construction, hunting quick profits
ISTANBUL, April 27 (Reuters) - Turkish conglomerates are
racing to add high-end apartment blocks and office towers to
Istanbul's rapidly-changing skyline, turning to one of the
world's most profitable real estate markets for quick returns as
other parts of the economy suffer.
Read more
racing to add high-end apartment blocks and office towers to
Istanbul's rapidly-changing skyline, turning to one of the
world's most profitable real estate markets for quick returns as
other parts of the economy suffer.
Read more
Anglo American agrees $1.5 bln sale of niobium and phosphates units
LONDON, April 28 (Reuters) - Miner Anglo American
said on Thursday it had agreed to sell its niobium and
phosphates businesses to China Molybdenum for $1.5 billion in
cash to reduce its debt level.
Read more
said on Thursday it had agreed to sell its niobium and
phosphates businesses to China Molybdenum for $1.5 billion in
cash to reduce its debt level.
Read more
Crude oil prices take a breather after hitting 2016 highs
SINGAPORE, April 28 (Reuters) - Crude futures pulled back
from 2016 highs early on Thursday as traders locked in profits
after April's sharp rally, but analysts said falling U.S.
production and strong investor appetite could push prices
higher.
Read more
from 2016 highs early on Thursday as traders locked in profits
after April's sharp rally, but analysts said falling U.S.
production and strong investor appetite could push prices
higher.
Read more
China's Dalian Commodities Exchange: new rules aim to curb speculation, risks
BEIJING, April 28 (Reuters) - Dalian Commodity Exchange's
recent series of new rules on trading are aimed at curbing
speculation and cutting market risks, the Chinese exchange said
in a statement.
Read more
recent series of new rules on trading are aimed at curbing
speculation and cutting market risks, the Chinese exchange said
in a statement.
Read more
RPT-COLUMN-Saudi Arabia will struggle to kick its addiction to oil: Kemp
LONDON, April 27 (Reuters) - "King Abdulaziz and the men who
worked with him for the establishment of the state did not
depend on oil and they established the kingdom without oil, and
they ran this state without oil, and they lived in this state
without oil," Saudi Deputy Crown Prince Mohammed bin Salman said
in an televised interview on Monday.
Read more
worked with him for the establishment of the state did not
depend on oil and they established the kingdom without oil, and
they ran this state without oil, and they lived in this state
without oil," Saudi Deputy Crown Prince Mohammed bin Salman said
in an televised interview on Monday.
Read more
UPDATE 1-Pacific Exploration gets court approval for $500 mln DIP facility
April 27 (Reuters) - Pacific Exploration & Production Corp
said an Ontario court approved a $500 million
debtor-in-possession financing facility for the Canadian company
and its units, hours after it filed for creditor protection.
Read more
said an Ontario court approved a $500 million
debtor-in-possession financing facility for the Canadian company
and its units, hours after it filed for creditor protection.
Read more
Suncor Energy to acquire additional 5 pct stake in Syncrude
April 27 (Reuters) - Canadian oil and gas producer Suncor
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
Energy Inc said on Wednesday it has agreed to acquire an
additional 5 percent stake in Syncrude for about C$937 million.
Read more
Cenovus mulling diluent recovery unit at Alberta rail terminal
CALGARY, Alberta, April 27 (Reuters) - Cenovus Energy
is looking into building a diluent recovery unit at its
Bruderheim crude-by-rail terminal near Edmonton, Alberta, which
would allow the company to ship raw bitumen in tank cars and
save on condensate costs.
Read more
is looking into building a diluent recovery unit at its
Bruderheim crude-by-rail terminal near Edmonton, Alberta, which
would allow the company to ship raw bitumen in tank cars and
save on condensate costs.
Read more
UPDATE 1-U.N. blacklists India-flagged ship carrying eastern Libya oil
UNITED NATIONS, April 27 (Reuters) - The United Nations
Security Council Libya sanctions committee blacklisted on
Wednesday an Indian-flagged tanker carrying crude oil shipped by
the rival eastern Libya government, said diplomats, which would
prevent it from entering any ports.
Read more
Security Council Libya sanctions committee blacklisted on
Wednesday an Indian-flagged tanker carrying crude oil shipped by
the rival eastern Libya government, said diplomats, which would
prevent it from entering any ports.
Read more
Rig operator Noble's profit plunges 41 pct as oil prices slump
April 27 (Reuters) - Noble Corp Plc's quarterly
profit plunged nearly 41 percent as the prolonged slump in oil
prices pulled down rig demand and rates.
Read more
profit plunged nearly 41 percent as the prolonged slump in oil
prices pulled down rig demand and rates.
Read more
Chemical companies see rosier results on low crude prices
NEW YORK, April 27 (Reuters) - Expectations for chemical
company earnings have been boosted by a combination of lower
crude oil costs during the commodity's slump along with strong
demand for plastics that are used to make everything from
shampoo bottles to grocery bags.
Read more
company earnings have been boosted by a combination of lower
crude oil costs during the commodity's slump along with strong
demand for plastics that are used to make everything from
shampoo bottles to grocery bags.
Read more
First Solar posts quarterly profit; appoints new CEO
April 27 (Reuters) - Solar panel maker First Solar Inc
posted a quarterly profit, compared with a year-earlier
loss, helped by higher revenue from the sale of a large
California solar power plant to Southern Co.
Read more
posted a quarterly profit, compared with a year-earlier
loss, helped by higher revenue from the sale of a large
California solar power plant to Southern Co.
Read more
UPDATE 1-World Bank and Nigerian president discuss economic crisis, Abacha loot
ABUJA, April 27 (Reuters) - The World Bank's managing
director and Nigeria's president on Wednesday discussed how the
multilateral lender could help Nigeria overcome its economic
crisis and repatriate more than $300 million stolen by a former
military ruler.
Read more
director and Nigeria's president on Wednesday discussed how the
multilateral lender could help Nigeria overcome its economic
crisis and repatriate more than $300 million stolen by a former
military ruler.
Read more
EMERGING MARKETS-Brazil stocks outperform Latam as banks, state-run firms gain
BRASILIA, April 27 (Reuters) - Brazilian stocks rose nearly
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
Brazil's currency, the real, and other exchange rates
across Latin America were little changed though, as investors
awaited an upcoming interest rate decision in the United States.
Brazil's Bovespa stock index outperformed the
broader MSCI Latin American stock index on signs
Vice President Michel
Read more
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
Brazil's currency, the real, and other exchange rates
across Latin America were little changed though, as investors
awaited an upcoming interest rate decision in the United States.
Brazil's Bovespa stock index outperformed the
broader MSCI Latin American stock index on signs
Vice President Michel
Read more
Turkish conglomerates race into construction, hunting quick profits
ISTANBUL, April 27 (Reuters) - Turkish conglomerates are
racing to add high-end apartment blocks and office towers to
Istanbul's rapidly-changing skyline, turning to one of the
world's most profitable real estate markets for quick returns as
other parts of the economy suffer.
Read more
racing to add high-end apartment blocks and office towers to
Istanbul's rapidly-changing skyline, turning to one of the
world's most profitable real estate markets for quick returns as
other parts of the economy suffer.
Read more
REFILE-Oil majors' results surprise, but output fall, volatile trading lurk
LONDON, April 27 (Reuters) - Major oil companies'
first-quarter results have so far not been as bad as feared but
volatile trading operations and a likely fall in production mean
any respite could be short lived.
Read more
first-quarter results have so far not been as bad as feared but
volatile trading operations and a likely fall in production mean
any respite could be short lived.
Read more
World Bank and Nigerian president discuss the country's economic crisis
ABUJA, April 27 (Reuters) - The World Bank held talks with
the Nigerian president on Wednesday on how it could help Nigeria
overcome an economic crisis caused mainly by a sharp fall in
crude prices eating into its oil revenues.
Read more
the Nigerian president on Wednesday on how it could help Nigeria
overcome an economic crisis caused mainly by a sharp fall in
crude prices eating into its oil revenues.
Read more
Turkish oil group in talks to invest in Genel's Kurdistan gas project
LONDON, April 27 (Reuters) - A Turkish state-backed energy
firm is in talks to invest in Genel Energy's two big
gas field developments in Iraqi Kurdistan, which would also
include a pipeline to connect them to Turkey, company and
industry sources said.
Read more
firm is in talks to invest in Genel Energy's two big
gas field developments in Iraqi Kurdistan, which would also
include a pipeline to connect them to Turkey, company and
industry sources said.
Read more
UPDATE 1-Baker Hughes says US rig count may stabilize in 2016
April 27 (Reuters) - Oilfield services provider Baker Hughes
Inc said on Wednesday that U.S. rig count will likely
stabilize in the second half of the year after falling in the
current quarter.
Read more
Inc said on Wednesday that U.S. rig count will likely
stabilize in the second half of the year after falling in the
current quarter.
Read more
UPDATE 1-Oil producer Hess reports smaller-than-expected loss
April 27 (Reuters) - U.S. oil producer Hess Corp
reported a smaller-than-expected quarterly loss as cost cuts
helped offset the impact of lower oil prices.
Read more
reported a smaller-than-expected quarterly loss as cost cuts
helped offset the impact of lower oil prices.
Read more
Ukraine introduces new energy tariffs to meet IMF demands
KIEV, April 27 (Reuters) - The Ukrainian government on
Wednesday unified natural gas tariffs for consumers as it seeks
to meet demands by the International Monetary Fund to secure
financial aid.
Read more
Wednesday unified natural gas tariffs for consumers as it seeks
to meet demands by the International Monetary Fund to secure
financial aid.
Read more
Siemens claims EU's largest wind turbine contract with Iberdrola
LONDON, April 27 (Reuters) - Germany's Siemens
has won a five-year deal worth up to 833 million pounds ($1.2
billion) to build and service wind turbines for Scottish Power's
East Anglia ONE project off the eastern coast of England,
Scottish Power said on Wednesday.
Read more
has won a five-year deal worth up to 833 million pounds ($1.2
billion) to build and service wind turbines for Scottish Power's
East Anglia ONE project off the eastern coast of England,
Scottish Power said on Wednesday.
Read more
BUZZ-Worldpay: set to outgrow peers, says UBS
** Payments processor Worldpay +2.5% & 2nd-top FTSE
100 gainer after UBS raises to "buy" from "neutral"
Read more
100 gainer after UBS raises to "buy" from "neutral"
Read more
BUZZ-Amec: top performer on European oil & gas index after Q1 results
** Oilfield services co Amec Foster Wheeler +c.3% &
top of Stoxx 600 oil & gas index as co's in-line Q1
results reassure investors
Read more
top of Stoxx 600 oil & gas index as co's in-line Q1
results reassure investors
Read more
Tuesday, April 26, 2016
UPDATE 1-Oil prices jump on weak dollar, strong investor appetite
* Analysts warn that end of bull-run could be close
(Adds detail on Middle East oilfield, updates prices)
Read more
(Adds detail on Middle East oilfield, updates prices)
Read more
Total Q1 beats forecasts on high output, strong margins
PARIS, April 27 (Reuters) - French oil and gas major Total
reported a better that expected net profit in the
first quarter of the 2016 as high output and a strong
performance in refining and chemicals helped limit the impact of
a prolonged fall in oil prices.
Read more
reported a better that expected net profit in the
first quarter of the 2016 as high output and a strong
performance in refining and chemicals helped limit the impact of
a prolonged fall in oil prices.
Read more
RPT-COLUMN-China tries to tame animal spirits in commodity markets: Andy Home
LONDON, April 26 (Reuters) - Nearly 240 million tonnes of
steel rebar traded on the Shanghai Futures Exchange (ShFE) last
Thursday.
Read more
steel rebar traded on the Shanghai Futures Exchange (ShFE) last
Thursday.
Read more
Oil prices jump on weak dollar, strong investor appetite
SINGAPORE, April 27 (Reuters) - Crude oil futures rose half
a dollar in early Asian trading on Wednesday and remained near
2016 highs on the back of strong investor sentiment and a weak
dollar, although analysts warned this month's bull-run could
soon run out of steam.
Read more
a dollar in early Asian trading on Wednesday and remained near
2016 highs on the back of strong investor sentiment and a weak
dollar, although analysts warned this month's bull-run could
soon run out of steam.
Read more
Stanford climate activists slam university over fossil fuel vote
SAN FRANCISCO, April 26 (Reuters) - Stanford University's
announcement on Monday that it will not rid its $22 billion
endowment of oil and gas companies has raised the ire of campus
climate activists, who said on Tuesday they will protest the
decision.
Read more
announcement on Monday that it will not rid its $22 billion
endowment of oil and gas companies has raised the ire of campus
climate activists, who said on Tuesday they will protest the
decision.
Read more
Britain urged to set 2030 emissions target for power industry
LONDON, April 27 (Reuters) - Britain should set a 2030
emissions target for the power industry to encourage investment
in new low-carbon power plants and keep the country on track for
its climate targets, a parliamentary committee said on
Wednesday.
Read more
emissions target for the power industry to encourage investment
in new low-carbon power plants and keep the country on track for
its climate targets, a parliamentary committee said on
Wednesday.
Read more
WRAPUP 1-Venezuela oil refineries face operating woes, PDVSA launches tenders
PUNTO FIJO, Venezuela/Houston, April 26 (Reuters) -
V enezuela's key Paraguana oil refining complex was this week
operating around half capacity, prompting state-run oil company
PDVSA to launch purchase tenders for products as it tries to
offset power outages and equipment failures.
Read more
V enezuela's key Paraguana oil refining complex was this week
operating around half capacity, prompting state-run oil company
PDVSA to launch purchase tenders for products as it tries to
offset power outages and equipment failures.
Read more
UPDATE 1-Husky may take legal action in gas dispute with China firm
CALGARY, Alberta, April 26 (Reuters) - Husky Energy Inc
said on Tuesday it was confident a dispute with China's
CNOOC Ltd over delivery payments for South China Sea
gas will be resolved but warned it would take legal action
against the state-owned energy company if necessary.
Read more
said on Tuesday it was confident a dispute with China's
CNOOC Ltd over delivery payments for South China Sea
gas will be resolved but warned it would take legal action
against the state-owned energy company if necessary.
Read more
Alberta economy too weak for sales tax -finance minister
TORONTO, April 26 (Reuters) - Alberta should not introduce a
provincial sales tax at this time because it would further slow
activity in an economy battered by low oil prices, the
province's finance minister said on Tuesday.
Read more
provincial sales tax at this time because it would further slow
activity in an economy battered by low oil prices, the
province's finance minister said on Tuesday.
Read more
Refinery outages, stock draw boost U.S. gasoline futures, margins
HOUSTON, April 26 (Reuters) - U.S. gasoline futures rallied
to their highest since August on Tuesday and boosted refinery
margins after a flurry of Gulf Coast refinery unit outages,
buying from Venezuela and a reported drop in New York
inventories.
Read more
to their highest since August on Tuesday and boosted refinery
margins after a flurry of Gulf Coast refinery unit outages,
buying from Venezuela and a reported drop in New York
inventories.
Read more
RPT-UPDATE 1-Venezuela proposes non-OPEC oil producers attend Vienna meeting
CARACAS, April 26 (Reuters) - Venezuela has proposed that
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
from the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
Read more
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
from the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
Read more
Saudi reform plans flirt with social change
RIYADH, April 26 (Reuters) - Reforms promised by a young
Saudi prince are couched in references to the kingdom's Islamic
tradition but include ideas likely to upset some conservatives,
risking future ruptures over the direction of society.
Read more
Saudi prince are couched in references to the kingdom's Islamic
tradition but include ideas likely to upset some conservatives,
risking future ruptures over the direction of society.
Read more
Venezuela formally proposes non-OPEC producers attend Vienna meeting
CARACAS, April 26 (Reuters) - Venezuela has proposed that
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
sent by the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
Read more
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
sent by the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
Read more
U.S. says worried about Libyan oil purchases outside legal channels
WASHINGTON, April 26 (Reuters) - The United States is
concerned about Libyan oil purchases outside legitimate channels
and said all sales must go through the Tripoli-based National
Oil Corp, a U.S. State Department spokesman said on Tuesday.
Read more
concerned about Libyan oil purchases outside legitimate channels
and said all sales must go through the Tripoli-based National
Oil Corp, a U.S. State Department spokesman said on Tuesday.
Read more
Husky may take legal action in gas dispute with Chinese firm
CALGARY, Alberta, April 26 (Reuters) - Husky Energy
said on Tuesday it was confident a dispute with China's CNOOC
Ltd over gas delivery payments from the South China
Sea will be resolved, but warned it would take legal action
against the state-owned energy giant if necessary.
Read more
said on Tuesday it was confident a dispute with China's CNOOC
Ltd over gas delivery payments from the South China
Sea will be resolved, but warned it would take legal action
against the state-owned energy giant if necessary.
Read more
UPDATE 1-S&P reduces Exxon's credit rating, cites cheap oil
April 26 (Reuters) - Standard & Poor's on Tuesday reduced
Exxon Mobil Corp's credit rating to AA+ from AAA, saying
low oil prices will make it difficult for the world's largest
publicly traded oil producer to keep funding high dividends and
share purchases for the next few years.
Read more
Exxon Mobil Corp's credit rating to AA+ from AAA, saying
low oil prices will make it difficult for the world's largest
publicly traded oil producer to keep funding high dividends and
share purchases for the next few years.
Read more
UPDATE 2-Eastern Libya ships first oil cargo in defiance of Tripoli
* Tripoli-based NOC is internationally recognised as sole
exporter
(Adds doubts around unloading and possible sale, comment from
NOC Tripoli, no response from UAE firm)
Read more
exporter
(Adds doubts around unloading and possible sale, comment from
NOC Tripoli, no response from UAE firm)
Read more
WRAPUP 2-Weak U.S. factory, consumer confidence data cloud growth outlook
WASHINGTON, April 26 (Reuters) - Orders for long-lasting
U.S. manufactured goods rebounded far less than expected in
March as demand for automobiles, computers and electrical goods
slumped, suggesting the downturn in the factory sector was far
from over.
Read more
U.S. manufactured goods rebounded far less than expected in
March as demand for automobiles, computers and electrical goods
slumped, suggesting the downturn in the factory sector was far
from over.
Read more
UPDATE 2-Freeport to slash jobs after failing to sell oil business, shares fall
April 26 (Reuters) - U.S. miner and oil producer
Freeport-McMoRan Inc said on Tuesday it would cut about
a quarter of the workforce in its oil and gas business after
failing to sell the unit.
Read more
Freeport-McMoRan Inc said on Tuesday it would cut about
a quarter of the workforce in its oil and gas business after
failing to sell the unit.
Read more
Six Turkish crew freed two weeks after kidnap by pirates off Nigeria -lawyer
ISTANBUL, April 26 (Reuters) - Six Turkish members of a
cargo ship's crew kidnapped by pirates off the coast of Nigeria
just over two weeks ago have been released and are safely back
in Istanbul, their shipping company's lawyer said on Tuesday.
Read more
cargo ship's crew kidnapped by pirates off the coast of Nigeria
just over two weeks ago have been released and are safely back
in Istanbul, their shipping company's lawyer said on Tuesday.
Read more
South Sudan rebel leader Machar back in Juba for first time in two years
JUBA, April 26 (Reuters) - South Sudanese rebel leader Riek
Machar arrived in Juba on Tuesday, a Reuters witness said,
returning to the capital for the first time since a conflict
erupted more than two years ago and after a row last week over
the weapons he could bring.
(Reporting by Denis Dumo; Writing by George Obulutsa)
Read more
Machar arrived in Juba on Tuesday, a Reuters witness said,
returning to the capital for the first time since a conflict
erupted more than two years ago and after a row last week over
the weapons he could bring.
(Reporting by Denis Dumo; Writing by George Obulutsa)
Read more
WRAPUP 1-Rebound in U.S. durable goods orders below expectations
WASHINGTON, April 26 (Reuters) - Orders for long-lasting
U.S. manufactured goods rebounded less than expected in March as
demand for automobiles, computers and electrical goods slumped,
suggesting the downturn in the factory sector was far from over.
Read more
U.S. manufactured goods rebounded less than expected in March as
demand for automobiles, computers and electrical goods slumped,
suggesting the downturn in the factory sector was far from over.
Read more
Indonesian court orders suspension of Bumi's debt payment obligations
JAKARTA, April 26 (Reuters) - Indonesian coal miner PT Bumi
Resources Tbk said on Tuesday a Jakarta court has
suspended its debt payment obligations at the request of one of
its creditors, Castleford Investment Holdings Ltd.
Read more
Resources Tbk said on Tuesday a Jakarta court has
suspended its debt payment obligations at the request of one of
its creditors, Castleford Investment Holdings Ltd.
Read more
Freeport McMoran reports bigger quarterly loss
April 26 (Reuters) - U.S. miner and oil producer
Freeport-McMoRan reported a bigger quarterly loss, hurt
by weak copper and oil prices.
Read more
Freeport-McMoRan reported a bigger quarterly loss, hurt
by weak copper and oil prices.
Read more
COLUMN-China tries to tame animal spirits in commodity markets: Andy Home
LONDON, April 26 (Reuters) - Nearly 240 million tonnes of
steel rebar traded on the Shanghai Futures Exchange (ShFE) last
Thursday.
Read more
steel rebar traded on the Shanghai Futures Exchange (ShFE) last
Thursday.
Read more
Serbian engineer abducted in Libya - foreign ministry
BELGRADE, April 26 (Reuters) - A Serbian engineer has been
kidnapped in a remote area of Libya near the Egyptian border,
the Serbian foreign ministry said on Tuesday.
Read more
kidnapped in a remote area of Libya near the Egyptian border,
the Serbian foreign ministry said on Tuesday.
Read more
UPDATE 1-Teck Resources profit rises 38 pct helped by cost cuts
April 26 (Reuters) - Canadian miner Teck Resources Ltd
reported a 38 percent rise in quarterly profit
as cost cutting measures and a weak Canadian dollar helped
cushion the impact of lower coal and copper prices.
Read more
reported a 38 percent rise in quarterly profit
as cost cutting measures and a weak Canadian dollar helped
cushion the impact of lower coal and copper prices.
Read more
Teck Resources quarterly profit rises 38 percent
April 26 (Reuters) - Canadian miner Teck Resources Ltd
reported a 38 percent rise in quarterly
profit, helped by lower costs.
Read more
reported a 38 percent rise in quarterly
profit, helped by lower costs.
Read more
UPDATE 2-E.ON's Uniper plans cost cuts and asset sales
* E.ON to spin off 53.35 pct of Uniper in first step
(Adds company, trader quotes, background)
Read more
(Adds company, trader quotes, background)
Read more
COLUMN-Russia, Australia await the big "if" of China ban on North Korean coal: Russell
LAUNCESTON, Australia, April 26 (Reuters) - Australia and
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.
Read more
Russia could emerge the relative winners if China does restrict
imports of North Korean coal, as it has pledged to do.
Read more
Monday, April 25, 2016
Australia, NZ shares slip on caution ahead of policy meetings
SYDNEY/WELLINGTON, April 26 (Reuters) - Australian and New
Zealand shares dipped on Tuesday, mirroring softness across much
of Asia with investors wary of taking big positions ahead of key
policy meetings this week.
Read more
Zealand shares dipped on Tuesday, mirroring softness across much
of Asia with investors wary of taking big positions ahead of key
policy meetings this week.
Read more
REFILE-UPDATE 1-Malaysia's 1MDB says in default on some bonds after missed payment
HONG KONG, April 26 (Reuters) - 1Malaysia Development Bhd
(1MDB) said on Tuesday it did not pay a $50.3 million coupon on
a $1.75 billion bond, following a stand-off with Abu Dhabi
sovereign fund IPIC, triggering cross-defaults on some of its
other bonds.
Read more
(1MDB) said on Tuesday it did not pay a $50.3 million coupon on
a $1.75 billion bond, following a stand-off with Abu Dhabi
sovereign fund IPIC, triggering cross-defaults on some of its
other bonds.
Read more
U.N. to distribute food as hunger grows in wake of Ecuador quake
NEW YORK, April 25 (Thomson Reuters Foundation) - The United
Nations will distribute food to more than a quarter of a million
people who survived Ecuador's devastating 7.8-magnitude
earthquake but are growing hungry in its aftermath, the
organization said on Monday.
Read more
Nations will distribute food to more than a quarter of a million
people who survived Ecuador's devastating 7.8-magnitude
earthquake but are growing hungry in its aftermath, the
organization said on Monday.
Read more
UPDATE 2-U.S. challenged China, 12 others on navigation rights last year
WASHINGTON, April 25 (Reuters) - The U.S. military conducted
"freedom of navigation" operations against 13 countries last
year, including several to challenge China's claims in the
South and East China seas, according to an annual Pentagon
report released on Monday.
Read more
"freedom of navigation" operations against 13 countries last
year, including several to challenge China's claims in the
South and East China seas, according to an annual Pentagon
report released on Monday.
Read more
Brazil's Supreme Court revokes house arrest of BTG Pactual's Esteves
SAO PAULO, April 25 (Reuters) - Brazil's Supreme Court has
revoked a house arrest order against billionaire financier Andre
Esteves, the former chief executive of Banco BTG Pactual SA
, Latin America's largest independent investment bank,
local media reported on Monday.
Read more
revoked a house arrest order against billionaire financier Andre
Esteves, the former chief executive of Banco BTG Pactual SA
, Latin America's largest independent investment bank,
local media reported on Monday.
Read more
UPDATE 1-Husky selling part interest in midstream assets for C$1.7 bln
CALGARY, Alberta, April 25 (Reuters) - Oil and gas producer
Husky Energy reported a first-quarter loss on Monday
and said it has agreed to sell a partial interest in a package
of Canadian midstream energy assets to two Hong Kong-based firms
for C$1.7 billion ($1.34 billion) in cash.
Read more
Husky Energy reported a first-quarter loss on Monday
and said it has agreed to sell a partial interest in a package
of Canadian midstream energy assets to two Hong Kong-based firms
for C$1.7 billion ($1.34 billion) in cash.
Read more
Oil futures rise on weaker dollar, new cash inflows
SINGAPORE, April 26 (Reuters) - Crude oil futures rose early
on Tuesday, pushed up by a weaker dollar and a flood of new cash
into the market, but analysts warned that fundamentals remain
weak as a producer race for customers heats up in the Middle
East.
Read more
on Tuesday, pushed up by a weaker dollar and a flood of new cash
into the market, but analysts warned that fundamentals remain
weak as a producer race for customers heats up in the Middle
East.
Read more
Husky selling part interest in midstream assets for C$1.7 billion
CALGARY, Alberta, April 25 (Reuters) - Husky Energy
said on Monday it will sell 65 percent ownership in select
midstream energy assets in Canada to Cheung Kong Infrastructure
Holdings Ltd and Power Asset Holdings Ltd
for C$1.7 billion ($1.34 billion).
Read more
said on Monday it will sell 65 percent ownership in select
midstream energy assets in Canada to Cheung Kong Infrastructure
Holdings Ltd and Power Asset Holdings Ltd
for C$1.7 billion ($1.34 billion).
Read more
Brazil to ask Congress to pass Paris climate deal -minister
NEW YORK/SAO PAULO, April 25 (Reuters) - Brazil's government
will ask legislators this week to ratify the Paris climate
agreement, the environment minister said late on Sunday, even as
President Dilma Rousseff faces possible impeachment and lacks
majority support in Congress.
Read more
will ask legislators this week to ratify the Paris climate
agreement, the environment minister said late on Sunday, even as
President Dilma Rousseff faces possible impeachment and lacks
majority support in Congress.
Read more
UPDATE 3-Canadian regulator approves Enbridge Line 3 with conditions
CALGARY, Alberta, April 25 (Reuters) - Canadian regulators
on Monday recommended the federal government approve Enbridge
Inc's plan to replace one of its major crude oil export
pipelines, but also imposed 89 conditions on the project to
enhance safety and environmental protection.
Read more
on Monday recommended the federal government approve Enbridge
Inc's plan to replace one of its major crude oil export
pipelines, but also imposed 89 conditions on the project to
enhance safety and environmental protection.
Read more
Canada timelines for pipelines could be shorter -govt
KANANASKIS, Alberta, April 25 (Reuters) - Canada's approval
process for pipelines to export crude from the landlocked
province of Alberta to the coast could be shorter, Natural
Resources Minister Jim Carr said on Monday, in response to
pressure to help get the region's oil to market.
Read more
process for pipelines to export crude from the landlocked
province of Alberta to the coast could be shorter, Natural
Resources Minister Jim Carr said on Monday, in response to
pressure to help get the region's oil to market.
Read more
Moody's downgrades Canadian province of Alberta on rising debt
TORONTO, April 25 (Reuters) - Moody's Investors Service
stripped the Canadian province of Alberta of its Aaa credit
rating on Monday, citing its worsening fiscal position and
resulting rapid rise in debt.
Read more
stripped the Canadian province of Alberta of its Aaa credit
rating on Monday, citing its worsening fiscal position and
resulting rapid rise in debt.
Read more
UPDATE 2-Oil corporation allied to east Libya government loads tanker for export - officials
BENGHAZI/TUNIS April 25 (Reuters) - A parallel national oil
corporation allied to Libya's eastern government loaded a
shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
Read more
corporation allied to Libya's eastern government loaded a
shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
Read more
Billionaire green donor launches U.S. millennial voter drive
WASHINGTON, April 25 (Reuters) - Billionaire environmental
activist Tom Steyer's super PAC launched a $25 million youth
voter drive on Monday in seven political battleground states to
help elect candidates that champion climate change policies in
November's general election.
Read more
activist Tom Steyer's super PAC launched a $25 million youth
voter drive on Monday in seven political battleground states to
help elect candidates that champion climate change policies in
November's general election.
Read more
EU energy chief casts doubt on need for Nord Stream 2 pipeline
HANOVER, April 25 (Reuters) - Europe may end up with more
gas than it needs if the Nord Stream 2 pipeline, designed to
double the amount of gas Russia pumps to Germany via the Baltic
Sea, is built, the European Union's most senior energy official
said on Monday.
Read more
gas than it needs if the Nord Stream 2 pipeline, designed to
double the amount of gas Russia pumps to Germany via the Baltic
Sea, is built, the European Union's most senior energy official
said on Monday.
Read more
Oil corporation allied to east Libya govt loading tanker for export - officials
BENGHAZI, Libya, April 25 (Reuters) - A parallel national
oil corporation allied to Libya's eastern government was loading
a shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
Read more
oil corporation allied to Libya's eastern government was loading
a shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
Read more
Iraq's southern oil exports hit record high so far in April
LONDON, April 25 (Reuters) - Oil exports from southern Iraq
have reached a record monthly rate so far in April as OPEC's
second-largest producer resumes the supply growth that has added
downward pressure on prices.
Read more
have reached a record monthly rate so far in April as OPEC's
second-largest producer resumes the supply growth that has added
downward pressure on prices.
Read more
UPDATE 1-U.S. accuses South Sudan sides of blocking peace, warns over support
* Chief of staff arrives, no news when Machar will follow
(Adds arrival of Machar's chief of staff in Juba)
Read more
(Adds arrival of Machar's chief of staff in Juba)
Read more
Bangladesh tightens security at gas field after militant threat
DHAKA, April 25 (Reuters) - Bangladesh has increased
security at its largest natural gas field, which is operated by
Chevron, the government said on Monday, citing a rare
threat by a militant group operating in neighbouring India.
Read more
security at its largest natural gas field, which is operated by
Chevron, the government said on Monday, citing a rare
threat by a militant group operating in neighbouring India.
Read more
WRAPUP 1-Saudi prince unveils sweeping reform plan for economy
RIYADH, April 25 (Reuters) - Saudi Arabia's Deputy Crown
Prince Mohammed bin Salman announced a sweeping reform plan on
Monday that he said would transform the kingdom into a global
investment power and wean the world's top oil exporter off crude
by 2020.
Read more
Prince Mohammed bin Salman announced a sweeping reform plan on
Monday that he said would transform the kingdom into a global
investment power and wean the world's top oil exporter off crude
by 2020.
Read more
Swift Energy emerges from bankruptcy
April 25 (Reuters) - Oil producer Swift Energy Co
said on Monday it emerged from Chapter 11 bankruptcy, less than
four months after filing for creditor protection.
Read more
said on Monday it emerged from Chapter 11 bankruptcy, less than
four months after filing for creditor protection.
Read more
UPDATE 1-Bulgaria's BEH agrees 535 mln euros loan financing
SOFIA, April 25 (Reuters) - Bulgarian state energy firm BEH
has signed a 535 million euro ($602 million) bridge loan with
three international banks which is to be refinanced by a global
bond issue within a year, a senior BEH official said on Monday.
Read more
has signed a 535 million euro ($602 million) bridge loan with
three international banks which is to be refinanced by a global
bond issue within a year, a senior BEH official said on Monday.
Read more
UPDATE 1-Bulgarian competition watchdog raids OMV offices in fuel pricing probe
SOFIA, April 25 (Reuters) - Bulgaria's competition regulator
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
RPT-INSIGHT-Yieldcos enabled SunEdison's debt-fueled acquisition spree
April 25 (Reuters) - At an early 2015 investor conference,
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a venture it had recently spun
off.
Read more
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a venture it had recently spun
off.
Read more
NWR creditors raise pressure on Czech government in rescue talks
PRAGUE, April 25 (Reuters) - Coal miner New World Resources
said on Monday it was in default on part of its debt and would
have to consider filing for insolvency at its main operating
business unless the government and creditors agree on the firm's
restructuring by Friday.
Read more
said on Monday it was in default on part of its debt and would
have to consider filing for insolvency at its main operating
business unless the government and creditors agree on the firm's
restructuring by Friday.
Read more
Bulgarian competition watchdog raids OMV offices in fuel pricing probe
SOFIA, April 25 (Reuters) - Bulgaria's competition regulator
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
said on Monday it had raided the offices of the local subsidiary
of Austrian oil group OMV as part of its investigation
into possible cartel agreements.
Read more
Russian government in talks with potential bidders for Rosneft, Bashneft stakes -agencies
MOSCOW, April 25 (Reuters) - Russia's government is in talks
with potential buyers of stakes in the nation's top oil producer
Rosneft and medium-sized oil producer Bashneft
, Russian news agencies quoted Russian Deputy Prime
Minister Igor Shuvalov as saying on Monday.
Read more
with potential buyers of stakes in the nation's top oil producer
Rosneft and medium-sized oil producer Bashneft
, Russian news agencies quoted Russian Deputy Prime
Minister Igor Shuvalov as saying on Monday.
Read more
Japan says China's maritime expansion making the world "greatly worried"
TOKYO, April 25 (Reuters) - Japanese Foreign Minister Fumio
Kishida, speaking ahead of a visit to Beijing, said on Monday
China was making the world "worried" with its military buildup
and maritime expansion in the East and South China Seas.
Read more
Kishida, speaking ahead of a visit to Beijing, said on Monday
China was making the world "worried" with its military buildup
and maritime expansion in the East and South China Seas.
Read more
UPDATE 1-China confirms to strictly control coal-fired power capacity
BEIJING, April 25 (Reuters) - China's government said on
Monday that it would strictly control the total capacity of its
coal-fired power sector, confirming a move that had previously
been flagged by the country's energy watchdog.
Read more
Monday that it would strictly control the total capacity of its
coal-fired power sector, confirming a move that had previously
been flagged by the country's energy watchdog.
Read more
Sunday, April 24, 2016
INSIGHT-Yieldcos enabled SunEdison's debt-fueled acquisition spree
April 25 (Reuters) - At an early 2015 investor conference,
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a venture it had recently spun
off.
Read more
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a venture it had recently spun
off.
Read more
REFILE-Death toll rises to 32 at petrochemical plant explosion
MEXICO CITY, April 24 (Reuters) - Four more people have been
found dead after last week's explosion at a petrochemical plant
in southeastern Mexico, raising the death toll to 32, state oil
giant Pemex and Mexican plastic pipe maker Mexichem said in a
joint statement on Sunday.
Read more
found dead after last week's explosion at a petrochemical plant
in southeastern Mexico, raising the death toll to 32, state oil
giant Pemex and Mexican plastic pipe maker Mexichem said in a
joint statement on Sunday.
Read more
UPDATE 1-Kurdish forces to keep areas taken from Syrian govt forces truce
BEIRUT, April 24 (Reuters) - Kurdish security forces will
keep territory taken from pro-government forces during a rare
three-day outbreak of violence in a city in northeastern Syria,
a truce announced by Kurdish authorities on Sunday indicated.
Read more
keep territory taken from pro-government forces during a rare
three-day outbreak of violence in a city in northeastern Syria,
a truce announced by Kurdish authorities on Sunday indicated.
Read more
MIDEAST STOCKS-Petchems lift Saudi, other Gulf markets mixed
DUBAI, April 24 (Reuters) - Saudi Arabia's stock market rose
strongly in heavy trade on Sunday as firm oil prices boosted
petrochemical shares, while other markets in the region were
mixed.
Read more
strongly in heavy trade on Sunday as firm oil prices boosted
petrochemical shares, while other markets in the region were
mixed.
Read more
Britain says can't rule out sending troops to Libya - newspaper
LONDON, April 24 (Reuters) - British Foreign Secretary
Philip Hammond said on Sunday that he could not rule out sending
troops to Libya if requested to do so by the Libyan government,
but that any deployment would need to be approved by parliament.
Read more
Philip Hammond said on Sunday that he could not rule out sending
troops to Libya if requested to do so by the Libyan government,
but that any deployment would need to be approved by parliament.
Read more
S.African President Zuma in Iran to develop trade, political ties -presidency
DUBAI / JOHANNESBURG, April 24 (Reuters) - South African
President Jacob Zuma arrived in Iran on Sunday to strengthen
political, trade and investment ties after crippling
international sanctions against the Islamic Republic were lifted
earlier this year, his office said.
Read more
President Jacob Zuma arrived in Iran on Sunday to strengthen
political, trade and investment ties after crippling
international sanctions against the Islamic Republic were lifted
earlier this year, his office said.
Read more
Asia Naphtha-Bangladesh tenders to sell 170,000 bbls naphtha
DHAKA, April 24 (Reuters) - Bangladesh Petroleum Corp (BPC)
has issued an international tender to sell 170,000 barrels of
naphtha for May 26-28 loading from Chittagong, a company
official said on Sunday.
Read more
has issued an international tender to sell 170,000 barrels of
naphtha for May 26-28 loading from Chittagong, a company
official said on Sunday.
Read more
REPEAT-Disgruntled investors flex vote muscle on UK executive pay
LONDON, April 22 (Reuters) - Change the way you pay or risk
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
UPDATE 1-Militants, guards clash near Libya's Brega port, oil commander wounded
BENGHAZI, Libya April 23 (Reuters) - Islamic State militants
clashed with a Libyan force guarding oil ports near Brega
terminal on Saturday, killing one guard and wounding four
including Ibrahim Jathran, leader of the Petroleum Facilities
Guard (PFG), a spokesman and medical sources said.
Read more
clashed with a Libyan force guarding oil ports near Brega
terminal on Saturday, killing one guard and wounding four
including Ibrahim Jathran, leader of the Petroleum Facilities
Guard (PFG), a spokesman and medical sources said.
Read more
Saturday, April 23, 2016
UPDATE 1-IMF says Mozambique admits to over $1 bln of hidden debt
JOHANNESBURG, April 23 (Reuters) - The International
Monetary Fund said on Saturday that Mozambique has admitted to
having over one billion dollars of undisclosed debt and the two
sides were now evaluating the implications of this disclosure.
Read more
Monetary Fund said on Saturday that Mozambique has admitted to
having over one billion dollars of undisclosed debt and the two
sides were now evaluating the implications of this disclosure.
Read more
IMF says Mozambique has over $1 bln of hidden debt
JOHANNESBURG, April 23 (Reuters) - The International
Monetary Fund said on Saturday that Mozambique had more than one
billion dollars of debt guaranteed by the government that had
not been disclosed to the Fund, and said it was evaluating the
implications of the loans on the country's financial stability.
Read more
Monetary Fund said on Saturday that Mozambique had more than one
billion dollars of debt guaranteed by the government that had
not been disclosed to the Fund, and said it was evaluating the
implications of the loans on the country's financial stability.
Read more
Uganda picks Tanzania for oil pipeline route rather than Kenya
KAMPALA, April 23 (Reuters) - Uganda will build a pipeline
for its oil through Tanzania rather than Kenya, which had wanted
to secure the export route, a summit of East African leaders
said on Saturday.
Read more
for its oil through Tanzania rather than Kenya, which had wanted
to secure the export route, a summit of East African leaders
said on Saturday.
Read more
UPDATE 1-Sudan's Darfur votes to keep multi-state system opposed by opposition groups
KHARTOUM, April 23 (Reuters) - The people of Sudan's Darfur
have voted not to reunite the multiple states of its
conflict-torn western region into one entity, the option
favoured by the central Khartoum government, the Darfur
referendum commission said on Saturday.
Read more
have voted not to reunite the multiple states of its
conflict-torn western region into one entity, the option
favoured by the central Khartoum government, the Darfur
referendum commission said on Saturday.
Read more
UPDATE 2-Syrian government strikes on two rebel-held areas kill 23 - monitor
BEIRUT, April 23 (Reuters) - Syrian warplanes bombed the
rebel-held town of Douma near Damascus and parts of Aleppo in
the north on Saturday, killing 23 people, with the death toll
likely to rise, the Syrian Observatory for Human Rights said.
Read more
rebel-held town of Douma near Damascus and parts of Aleppo in
the north on Saturday, killing 23 people, with the death toll
likely to rise, the Syrian Observatory for Human Rights said.
Read more
Iran finds Doha meeting, despite failure, a positive step
DUBAI, April 23 (Reuters) - Iran's oil minister said on
Saturday that last week's Doha meeting to freeze oil production,
despite its failure, was a positive step and Iran would support
any plan to stabilise the market.
Read more
Saturday that last week's Doha meeting to freeze oil production,
despite its failure, was a positive step and Iran would support
any plan to stabilise the market.
Read more
Sudan's Darfur votes to keep current multi-state system -referendum commission
KHARTOUM, April 23 (Reuters) - The people of Sudan's Darfur
have voted not to reunite the multiple states of its
conflict-torn western region into one entity, the option
favoured by the central Khartoum government, the Darfur
referendum commission said on Saturday.
Read more
have voted not to reunite the multiple states of its
conflict-torn western region into one entity, the option
favoured by the central Khartoum government, the Darfur
referendum commission said on Saturday.
Read more
Pemex raises death toll at petrochemical plant explosion to 28
COATZACOALCOS, Mexico, April 22 (Reuters) - Mexican state
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to 28, in the latest fatal accident to
befall the beleaguered company.
Read more
oil giant Pemex said on Friday that the death toll from a
petrochemical plant blast in the southeastern oil hub of
Coatzacoalcos had risen to 28, in the latest fatal accident to
befall the beleaguered company.
Read more
Friday, April 22, 2016
Samarco continues polluting after dam burst - Brazil prosecutor
RIO DE JANEIRO, April 22 (Reuters) - Samarco Mineração SA
has not adopted measures to stop the leaking of mine tailings as
required by a court after a deadly dam burst, a prosecutor said
on Friday, an allegation that could delay the miner's return to
operations.
Read more
has not adopted measures to stop the leaking of mine tailings as
required by a court after a deadly dam burst, a prosecutor said
on Friday, an allegation that could delay the miner's return to
operations.
Read more
UPDATE 1-U.S. oil baron Harold Hamm endorses Trump for president
HOUSTON, April 22 (Reuters) - Harold Hamm, chief executive
of shale oil producer Continental Resources Inc and Mitt
Romney's 2012 energy adviser, endorsed U.S. presidential
candidate Donald Trump on Friday, saying he has the "fortitude
to make tough decisions."
Read more
of shale oil producer Continental Resources Inc and Mitt
Romney's 2012 energy adviser, endorsed U.S. presidential
candidate Donald Trump on Friday, saying he has the "fortitude
to make tough decisions."
Read more
Bankruptcy judge puts off decision on SunEdison independent examiner
NEW YORK, April 22 (Reuters) - A U.S. bankruptcy judge on
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
UPDATE 2-Halliburton says it cut 6,000 jobs in Q1, delays earnings call
* Expects Q2 will mark "landing point" for U.S. rig count
(Adds details on results, background)
Read more
(Adds details on results, background)
Read more
CANADA STOCKS-TSX dips as gold stocks drag, index still rises 1.7 pct for week
TORONTO, April 22 (Reuters) - Canada's main stock index
edged lower on Friday, slightly reducing this week's gains as
gold stocks dragged, while higher oil prices supported energy
stocks.
Read more
edged lower on Friday, slightly reducing this week's gains as
gold stocks dragged, while higher oil prices supported energy
stocks.
Read more
Halliburton says it cut 6,000 jobs in Q1, delays earnings call
April 22 (Reuters) - Halliburton Co said on Friday
that it reduced headcount by more than 6,000 during the first
quarter due to the prolonged slump in oil prices.
Read more
that it reduced headcount by more than 6,000 during the first
quarter due to the prolonged slump in oil prices.
Read more
UPDATE 1-Speculators boost U.S. natural gas net long positions -CFTC
April 22 (Reuters) - U.S. natural gas speculators boosted
their net long positions on a bet that prices will rise in
future months as an easing in production and pick-up in demand
combine to absorb the record high amount of fuel left in
inventories after a warm winter.
Read more
their net long positions on a bet that prices will rise in
future months as an easing in production and pick-up in demand
combine to absorb the record high amount of fuel left in
inventories after a warm winter.
Read more
OFFICIAL CORRECTED-Mexichem declares force majeure on internal contract post blast - CEO
MEXICO CITY, April 22 (Reuters) - Mexichem has declared
force majeure on one internal contract in the wake of a blast at
a petrochemical plant that killed at least 24 people, the
company's Chief Executive Officer Antonio Carrillo said in an
interview on Friday.
Read more
force majeure on one internal contract in the wake of a blast at
a petrochemical plant that killed at least 24 people, the
company's Chief Executive Officer Antonio Carrillo said in an
interview on Friday.
Read more
CORRECTED-Disgruntled investors flex vote muscle on UK executive pay
LONDON, April 22 (Reuters) - Change the way you pay or risk
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
Read more
UPDATE 1-Russia's Rosneft recommends 2015 dividends of 11.73 rbls per share
MOSCOW, April 22 (Reuters) - Rosneft, Russia's
biggest oil producer, said on Friday its board had recommended
paying a dividend of 11.73 roubles per share on its profits
last year, up from the 8.21 roubles paid for 2014.
Read more
biggest oil producer, said on Friday its board had recommended
paying a dividend of 11.73 roubles per share on its profits
last year, up from the 8.21 roubles paid for 2014.
Read more
U.S. regional banks brace for losses from energy loans
April 22 (Reuters) - The five U.S. regional banks most
exposed to the energy sector set aside millions of dollars more
in the first quarter to cover potential losses from bad loans
to the struggling oil industry.
Read more
exposed to the energy sector set aside millions of dollars more
in the first quarter to cover potential losses from bad loans
to the struggling oil industry.
Read more
UPDATE 1-U.S. to buy heavy water from Iran's nuclear program, delivery in weeks
WASHINGTON, April 22 (Reuters) - The United States will buy
heavy water from Iran's nuclear program, and expects it to be
delivered within weeks, U.S. officials said on Friday, a move
that was quickly criticized by Republican lawmakers.
Read more
heavy water from Iran's nuclear program, and expects it to be
delivered within weeks, U.S. officials said on Friday, a move
that was quickly criticized by Republican lawmakers.
Read more
W. Virginia regulator says Alpha Natural asset sale may jeopardize cleanup
CHICAGO, April 22 (Reuters) - West Virginia's environmental
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court filing that it could undermine a $1
billion cleanup.
Read more
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court filing that it could undermine a $1
billion cleanup.
Read more
Kuwait not ruling out taking part in Rosneft, Bashneft privatisations -TASS
MOSCOW, April 22 (Reuters) - Kuwait has not ruled out the
possibility of participating in the privatisation of Russian oil
firms Rosneft and Bashneft, TASS news agency
cited a Kuwaiti official as saying on Friday.
Read more
possibility of participating in the privatisation of Russian oil
firms Rosneft and Bashneft, TASS news agency
cited a Kuwaiti official as saying on Friday.
Read more
Pakistan shares end higher; rupee steady, o/n rates rise
KARACHI, Pakistan, April 22 (Reuters) - Pakistan shares
ended higher on Friday, led by oil stocks on higher
international crude oil prices, even as investors booked profits
on cement stocks, analysts said.
Read more
ended higher on Friday, led by oil stocks on higher
international crude oil prices, even as investors booked profits
on cement stocks, analysts said.
Read more
UPDATE 1-GE profit tops estimates but organic revenue falls 1 percent
NEW YORK, April 22 (Reuters) - General Electric Co
reported a higher-than-expected first-quarter profit on Friday,
but organic revenue fell 1 percent, raising questions about the
company's full-year revenue target.
Read more
reported a higher-than-expected first-quarter profit on Friday,
but organic revenue fell 1 percent, raising questions about the
company's full-year revenue target.
Read more
Bulgaria anti-monopoly watchdog raids more oil firms in fuel inquiry
SOFIA, April 22 (Reuters) - Bulgaria's anti-monopoly
watchdog said it had raided the offices of Eco Petroleum, part
of Hellenic Petroleum, and Shell Bulgaria, owned by
Royal Dutch Shell, as part of an investigation into
possible cartel agreements.
Read more
watchdog said it had raided the offices of Eco Petroleum, part
of Hellenic Petroleum, and Shell Bulgaria, owned by
Royal Dutch Shell, as part of an investigation into
possible cartel agreements.
Read more
Thursday, April 21, 2016
Oil prices set for one of the biggest weekly rises in 2016
SINGAPORE, April 22 (Reuters) - Oil prices rose in Asian
trade on Friday, setting crude futures on course for one of
their biggest weekly gains this year, as sentiment has become
more upbeat despite ongoing oversupply.
Read more
trade on Friday, setting crude futures on course for one of
their biggest weekly gains this year, as sentiment has become
more upbeat despite ongoing oversupply.
Read more
Santos quarterly revenue steady as LNG output ramps up
MELBOURNE, April 22 (Reuters) - Australia's Santos Ltd
reported a 1 percent rise in first quarter revenue as
it stepped up coal seam gas sales to its Gladstone liquefied
natural gas (LNG) plant, offsetting a collapse in oil and gas
prices.
Read more
reported a 1 percent rise in first quarter revenue as
it stepped up coal seam gas sales to its Gladstone liquefied
natural gas (LNG) plant, offsetting a collapse in oil and gas
prices.
Read more
CalPERS says Anglo shareholders pass climate change reporting requirement
April 21 (Reuters) - California Public Employees' Retirement
System (Calpers) said its proposal for Anglo American Plc
to report on environmental risks associated with climate
change was passed at the miner's annual shareholders meeting.
Read more
System (Calpers) said its proposal for Anglo American Plc
to report on environmental risks associated with climate
change was passed at the miner's annual shareholders meeting.
Read more
SunEdison seeks examiner to probe recent transactions
April 21 (Reuters) - SunEdison Inc asked a U.S.
bankruptcy judge on Thursday to appoint an independent examiner
to review recent transactions, although the company said it is
not aware of any particular wrongdoing.
Read more
bankruptcy judge on Thursday to appoint an independent examiner
to review recent transactions, although the company said it is
not aware of any particular wrongdoing.
Read more
UPDATE 1-Schlumberger profit nearly halves as spending cuts weigh
April 21 (Reuters) - Schlumberger Ltd, the world's
No.1 oilfield services provider, reported a 48.6 percent slump
in quarterly profit, as spending cuts by oil producers continued
to take a toll.
Read more
No.1 oilfield services provider, reported a 48.6 percent slump
in quarterly profit, as spending cuts by oil producers continued
to take a toll.
Read more
Venezuela to cut electricity 4 hrs/day amid drought: minister
CARACAS, April 21 (Reuters) - Venezuela will cut power for
four hours per day during forty days starting next week amid a
drought that has limited hydroelectric power generation, the
country's Electricity Minister Luis Motta said on Thursday.
Read more
four hours per day during forty days starting next week amid a
drought that has limited hydroelectric power generation, the
country's Electricity Minister Luis Motta said on Thursday.
Read more
UPDATE 2-Kazakh Kazmunaygaz denies it plans to issue debt to buy out subsidiary
ALMATY, April 21 (Reuters) - Kazakh national oil company
Kazmunaygaz said on Thursday it had no plans to issue
debt to finance the buyout of minority shareholders of its
upstream subsidiary KMG EP , contradicting an
earlier statement by one of its executives.
Read more
Kazmunaygaz said on Thursday it had no plans to issue
debt to finance the buyout of minority shareholders of its
upstream subsidiary KMG EP , contradicting an
earlier statement by one of its executives.
Read more
UPDATE 2-Mexico's Pemex says blast death toll hits 13, blames leak
MEXICO CITY, April 21 (Reuters) - An accidental leak caused
a deadly petrochemical plant blast that has killed at least 13
people and the toll could rise, Mexican oil company Pemex said
on Thursday, the latest in a series of fatal accidents to batter
the company.
Read more
a deadly petrochemical plant blast that has killed at least 13
people and the toll could rise, Mexican oil company Pemex said
on Thursday, the latest in a series of fatal accidents to batter
the company.
Read more
SunEdison files for Chapter 11 bankruptcy protection
April 21 (Reuters) - Solar energy company SunEdison Inc
filed for creditor protection on Thursday, making it
one of the largest bankruptcies by asset value involving a
non-financial company in a decade.
Read more
filed for creditor protection on Thursday, making it
one of the largest bankruptcies by asset value involving a
non-financial company in a decade.
Read more
UPDATE 1-SunEdison files for Chapter 11 bankruptcy protection
April 21 (Reuters) - U.S. solar energy company SunEdison Inc
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
RPT-COLUMN-Iron ore in bear market rally, likely to fade on fundamentals: Russell
LAUNCESTON, Australia, April 21 (Reuters) - - Is iron ore's
rapid move from one of the commodities with the gloomiest
outlook to a star performer justifiable and sustainable?
Read more
rapid move from one of the commodities with the gloomiest
outlook to a star performer justifiable and sustainable?
Read more
China's CNPC: Russia's Yamal LNG to get loans of around $10 billion
MOSCOW, April 21 (Reuters) - Russia's Yamal LNG project,
which is expected to start producing liquefied natural gas next
year, will receive around $10 billion in loans from Chinese
banks in May, an official at China National Petroleum Corp
(CNPC) said on Thursday.
Read more
which is expected to start producing liquefied natural gas next
year, will receive around $10 billion in loans from Chinese
banks in May, an official at China National Petroleum Corp
(CNPC) said on Thursday.
Read more
At least 13 killed in blast at Pemex plant in southeast Mexico oil hub
MEXICO CITY, April 21 (Reuters) - At least 13 people died in
an explosion that rocked a major petrochemical facility of
Mexican national oil company Pemex in the Gulf state of Veracruz
on Wednesday, Luis Felipe Puente, the head of the country's
emergency services said on Thursday.
Read more
an explosion that rocked a major petrochemical facility of
Mexican national oil company Pemex in the Gulf state of Veracruz
on Wednesday, Luis Felipe Puente, the head of the country's
emergency services said on Thursday.
Read more
Indonesia fears piracy surge could turn regional waters into 'new Somalia'
JAKARTA, April 21 (Reuters) - Indonesia fears piracy on a
busy shipping route along its maritime border with the
Philippines could hit levels seen in Somalia unless security is
tightened, the chief security minister said on Thursday,
following a spate of kidnappings.
Read more
busy shipping route along its maritime border with the
Philippines could hit levels seen in Somalia unless security is
tightened, the chief security minister said on Thursday,
following a spate of kidnappings.
Read more
UPDATE 1-Fertiliser group Yara sees benefits of lower energy costs
OSLO, April 21 (Reuters) - Fertiliser maker Yara
International on Thursday reported stronger than
expected first-quarter earnings and said lower energy costs in
the next two quarters would help its performance, sending its
shares up.
Read more
International on Thursday reported stronger than
expected first-quarter earnings and said lower energy costs in
the next two quarters would help its performance, sending its
shares up.
Read more
China to strictly control credit for new coal, steel projects
BEIJING, April 21 (Reuters) - China will strictly control
credit available for new capacity additions in the steel and
coal sectors, both of which are suffering from price sapping
supply gluts, according to a government statement issued on
Thursday.
Read more
credit available for new capacity additions in the steel and
coal sectors, both of which are suffering from price sapping
supply gluts, according to a government statement issued on
Thursday.
Read more
UPDATE 1-Anglo American's Q1 production falls at most units
April 21 (Reuters) - Global mining company Anglo American
Plc said first-quarter production at most of its units fell, or
remained flat, as it cut production, sold assets, and
reconfigured mines to cope with the slump in commodities prices.
Read more
Plc said first-quarter production at most of its units fell, or
remained flat, as it cut production, sold assets, and
reconfigured mines to cope with the slump in commodities prices.
Read more
Wednesday, April 20, 2016
China March diesel exports jump 316.5 pct on year -customs
BEIJING, April 21 (Reuters) - China's diesel exports soared
316.5 percent in March from a year earlier to 1.25 million
tonnes, customs data showed on Thursday.
Read more
316.5 percent in March from a year earlier to 1.25 million
tonnes, customs data showed on Thursday.
Read more
S.Korea won moves gingerly ahead of ECB decision; stocks edge up
* Won nearly flat; major central bank meetings eyed
* KOSPI heads up on offshore buying
SEOUL, April 21 (Reuters) - The South Korean won
zigzagged in and out of negative territory on Thursday as a
wait-and-see mood spread ahead of an European Central Bank
interest rate decision later in the day.
The won, which touched a more than five-month high on
Wednesday at 0221 GMT stood at 1,135.3 to the dollar, barely
changed from Wednesday's close of 1,135.2.
"Although the dollar streng
Read more
* KOSPI heads up on offshore buying
SEOUL, April 21 (Reuters) - The South Korean won
zigzagged in and out of negative territory on Thursday as a
wait-and-see mood spread ahead of an European Central Bank
interest rate decision later in the day.
The won, which touched a more than five-month high on
Wednesday at 0221 GMT stood at 1,135.3 to the dollar, barely
changed from Wednesday's close of 1,135.2.
"Although the dollar streng
Read more
UPDATE 4-Three dead, dozens injured in blast at chemical plant in Mexico
MEXICO CITY, April 20 (Reuters) - A massive explosion rocked
a major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, killing at
least three people, injuring dozens more, and pumping a cloud of
noxious chemicals into the sky.
Read more
a major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, killing at
least three people, injuring dozens more, and pumping a cloud of
noxious chemicals into the sky.
Read more
Regional crises, not human rights, to dominate Obama-Gulf talks
RIYADH, April 21 (Reuters) - U.S. President Barack Obama
aired his human rights concerns with Saudi Arabia's King Salman
on Wednesday, but his talking points on that subject are
expected to be get less attention when he meets Gulf Arab
monarchs on Thursday.
Read more
aired his human rights concerns with Saudi Arabia's King Salman
on Wednesday, but his talking points on that subject are
expected to be get less attention when he meets Gulf Arab
monarchs on Thursday.
Read more
Venezuela opposition-backed Congress approves new referendum rules
CARACAS, April 20 (Reuters) - Venezuela's
opposition-dominated parliament on Wednesday approved a law to
speed up the process of requesting recall referendums, as
adversaries of President Nicolas Maduro seek to push him from
office amid a deepening economic crisis.
Read more
opposition-dominated parliament on Wednesday approved a law to
speed up the process of requesting recall referendums, as
adversaries of President Nicolas Maduro seek to push him from
office amid a deepening economic crisis.
Read more
UPDATE 2-Brazil's Rousseff going to U.N. over impeachment; cabinet in crisis
BRASILIA, April 20 (Reuters) - Beleaguered Brazilian
President Dilma Rousseff will travel to New York in a bid to
rally international support against her impeachment, leaving
behind a Cabinet paralyzed by political crisis as another
minister defected on Wednesday.
Read more
President Dilma Rousseff will travel to New York in a bid to
rally international support against her impeachment, leaving
behind a Cabinet paralyzed by political crisis as another
minister defected on Wednesday.
Read more
UPDATE 3-At least 8 dead in Houston-area floods, more rain falls
HOUSTON, April 20 (Reuters) - At least eight people have
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in the region on Wednesday adding to vast
pools of standing water.
Read more
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in the region on Wednesday adding to vast
pools of standing water.
Read more
Venezuela proposes non-OPEC observers at June meeting, urges deal
CARACAS, April 20 (Reuters) - Venezuela's proposal "for now"
is that non-OPEC producers who participated in the recent Doha
meeting to try to address a global oil glut attend a June OPEC
meeting as observers, the South American country's oil minister
said on Wednesday.
Read more
is that non-OPEC producers who participated in the recent Doha
meeting to try to address a global oil glut attend a June OPEC
meeting as observers, the South American country's oil minister
said on Wednesday.
Read more
Kinder Morgan posts lower profit amid oil price slump
April 20 (Reuters) - U.S. pipeline operator Kinder Morgan
Inc reported a lower first-quarter profit, hurt by a
prolonged slump in crude oil prices.
Read more
Inc reported a lower first-quarter profit, hurt by a
prolonged slump in crude oil prices.
Read more
UPDATE 1-Kinder Morgan posts lower profit, cuts 2016 budget amid oil slump
April 20 (Reuters) - U.S. pipeline operator Kinder Morgan
Inc reported a lower first-quarter profit and further
cut its 2016 capital budget as a result of a prolonged slump in
crude oil prices.
Read more
Inc reported a lower first-quarter profit and further
cut its 2016 capital budget as a result of a prolonged slump in
crude oil prices.
Read more
Ecuador eyeing international bond issue after quake - Correa
QUITO, April 20 (Reuters) - Ecuador is eyeing the
possibility of issuing bonds on the international market to help
fund reconstruction after a devastating weekend quake, President
Rafael Correa said on Wednesday.
(Reporting by Diego Ore and Alexandra Valencia; Writing by
Alexandra Ulmer; Editing by Diane Craft)
Read more
possibility of issuing bonds on the international market to help
fund reconstruction after a devastating weekend quake, President
Rafael Correa said on Wednesday.
(Reporting by Diego Ore and Alexandra Valencia; Writing by
Alexandra Ulmer; Editing by Diane Craft)
Read more
UPDATE 2-South Sudan and rebels say deal reached for Machar's return
* Sporadic clashes since deal signed
(Recasts with government saying deal reached on Machar's
return)
Read more
(Recasts with government saying deal reached on Machar's
return)
Read more
UPDATE 1-Axpo looks to sell three power plants in Italy - sources
LONDON/MILAN, April 20 (Reuters) - Swiss energy company Axpo
Group is looking to sell its holdings in three gas power plants
in Italy, two sources said on Wednesday.
Read more
Group is looking to sell its holdings in three gas power plants
in Italy, two sources said on Wednesday.
Read more
EU regulators set to warn Halliburton on Baker Hughes deal - sources
BRUSSELS, April 20 - European Union antitrust regulators are
set to warn U.S. oil industry services group Halliburton Co
that its plan to buy Baker Hughes will hurt
competition, two people familiar with the matter said on
Wednesday.
Read more
set to warn U.S. oil industry services group Halliburton Co
that its plan to buy Baker Hughes will hurt
competition, two people familiar with the matter said on
Wednesday.
Read more
Brazil energy minister to quit Rousseff gov't, return to Senate
SAO PAULO, April 20 (Reuters) - Brazilian Mines and Energy
Minister Eduardo Braga said on Wednesday he is leaving the post
to retake his seat in the Senate as the upper chamber of
Congress prepares to vote on the impeachment of President Dilma
Rousseff next month.
Read more
Minister Eduardo Braga said on Wednesday he is leaving the post
to retake his seat in the Senate as the upper chamber of
Congress prepares to vote on the impeachment of President Dilma
Rousseff next month.
Read more
UPDATE 2-U.S. Senate passes bill to bolster power grid, speed LNG exports
WASHINGTON, April 20 (Reuters) - The U.S. Senate passed the
first broad energy bill in nine years on Wednesday, legislation
containing modest measures popular with both Republicans and
Democrats to modernize the power grid and speed the permitting
process for liquefied natural gas exports.
Read more
first broad energy bill in nine years on Wednesday, legislation
containing modest measures popular with both Republicans and
Democrats to modernize the power grid and speed the permitting
process for liquefied natural gas exports.
Read more
UPDATE 1-Anglo American finance chief Medori to retire in 2017
April 20 (Reuters) - Global mining company Anglo American
Plc said Finance Director Rene Medori would retire in
2017 when he reaches the age of 60.
Read more
Plc said Finance Director Rene Medori would retire in
2017 when he reaches the age of 60.
Read more
UPDATE 1-Evacuation from blockaded Syrian towns begins, witness says
BEIRUT, April 20 (Reuters) - The evacuation of 250 Syrians
from two towns blockaded by pro-government forces near the
Lebanese border began on Wednesday, a witness told Reuters,
after an agreement was reached which also allowed for another
250 people to leave two other towns blocked off by Syrian rebels
in northwestern Syria.
Read more
from two towns blockaded by pro-government forces near the
Lebanese border began on Wednesday, a witness told Reuters,
after an agreement was reached which also allowed for another
250 people to leave two other towns blocked off by Syrian rebels
in northwestern Syria.
Read more
UPDATE 1-New quake, magnitude 6.2, strikes off Ecuador coast
PEDERNALES, Ecuador, April 20 (Reuters) - A magnitude 6.2
earthquake shook Ecuador's coast early on Wednesday, terrifying
locals and impeding rescuers after a bigger weekend quake
battered the same area and killed nearly 500 people.
Read more
earthquake shook Ecuador's coast early on Wednesday, terrifying
locals and impeding rescuers after a bigger weekend quake
battered the same area and killed nearly 500 people.
Read more
Shell starts voluntary redundancy process for Dutch staff
LONDON, April 20 (Reuters) - Shell said it had
started a voluntary severance process in the Netherlands as part
of a plan to cut around 10,300 jobs worldwide.
Read more
started a voluntary severance process in the Netherlands as part
of a plan to cut around 10,300 jobs worldwide.
Read more
UPDATE 2-Dutch court overturns $50 bln Yukos award against Russia
AMSTERDAM, April 20 (Reuters) - In a victory for Moscow, a
Dutch court on Wednesday annulled an international tribunal's
award of $50 billion in compensation to shareholders of defunct
Russian oil giant Yukos, saying the tribunal had no
jurisdiction.
Read more
Dutch court on Wednesday annulled an international tribunal's
award of $50 billion in compensation to shareholders of defunct
Russian oil giant Yukos, saying the tribunal had no
jurisdiction.
Read more
GCC, US agree joint patrols to block Iran arms to Yemen-Zayani
DUBAI, April 20 (Reuters) - Gulf Cooperation Council (GCC)
countries and the United States have agreed to carry out joint
patrols to stop any Iranian arms shipments reaching Yemen, the
bloc's secretary general, Abdullatif al-Zayani, said on
Wednesday.
Read more
countries and the United States have agreed to carry out joint
patrols to stop any Iranian arms shipments reaching Yemen, the
bloc's secretary general, Abdullatif al-Zayani, said on
Wednesday.
Read more
Iraq's Sadr calls for protests to bring about new government - statement
BAGHDAD, April 20 (Reuters) - Iraq's powerful Shi'ite cleric
Moqtada al-Sadr on Wednesday called for renewed protests after
the nation's politicians missed a deadline he gave to vote on a
cabinet of technocrats proposed by Prime Minister Haider
al-Abadi to tackle corruption.
Read more
Moqtada al-Sadr on Wednesday called for renewed protests after
the nation's politicians missed a deadline he gave to vote on a
cabinet of technocrats proposed by Prime Minister Haider
al-Abadi to tackle corruption.
Read more
UPDATE 1-Venezuela minister warns oil prices may collapse if producers don't talk
MOSCOW, April 20 (Reuters) - Venezuelan Oil Minister Eulogio
Del Pino warned on Wednesday that global oil stocks were nearly
full and the oil price could collapse if producers did not
resume talks about freezing output levels.
Read more
Del Pino warned on Wednesday that global oil stocks were nearly
full and the oil price could collapse if producers did not
resume talks about freezing output levels.
Read more
UPDATE 3-Crude futures fall after Kuwaiti oil workers end strike
TOKYO, April 20 (Reuters) - Crude futures fell on Wednesday
after Kuwaiti oil workers ended a three-day strike that had cut
the nation's crude output by around half, with worries about an
oversupplied market returning to the fore.
Read more
after Kuwaiti oil workers ended a three-day strike that had cut
the nation's crude output by around half, with worries about an
oversupplied market returning to the fore.
Read more
Houston schools to reopen Wednesday but flood warnings not yet lifted
April 20 (Reuters) - Houston schools will reopen on
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth most populous city.
Read more
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth most populous city.
Read more
Tuesday, April 19, 2016
Communist Laos appoints new president, prime minister
BANGKOK, April 20 (Reuters) - Laos's National Assembly on
Wednesday appointed Communist Party chief Bounnhang Vorachit as
the country's new president and named foreign minister Thongloun
Sisoulith as prime minister.
Read more
Wednesday appointed Communist Party chief Bounnhang Vorachit as
the country's new president and named foreign minister Thongloun
Sisoulith as prime minister.
Read more
RPT-COLUMN-Brent signals traders to release oil stocks: Kemp
LONDON, April 19 (Reuters) - Crude oil storage helped
commodity traders and refiners make strong profits last year and
in the first quarter of 2016 but now the price structure which
made it possible is evaporating.
Read more
commodity traders and refiners make strong profits last year and
in the first quarter of 2016 but now the price structure which
made it possible is evaporating.
Read more
BHP Billiton weighs getting out of Indonesian coal
MELBOURNE, April 20 (Reuters) - BHP Billiton is considering
giving up its coal stakes in Indonesia, where it recently
started producing coal, amid uncertainty over Indonesian
regulations and a weak outlook for coal.
Read more
giving up its coal stakes in Indonesia, where it recently
started producing coal, amid uncertainty over Indonesian
regulations and a weak outlook for coal.
Read more
RPT-COLUMN-Hedge funds bet on tightening oil market despite Doha debacle: Kemp
LONDON, April 19 (Reuters) - Brent futures prices are
signalling the market expects a rapid tightening of the
supply-demand balance in the second half of 2016.
Read more
signalling the market expects a rapid tightening of the
supply-demand balance in the second half of 2016.
Read more
U.N.concerned by Machar delay in return to South Sudan capital
UNITED NATIONS, April 19 (Reuters) - The United Nations
Security Council expressed serious concern on Tuesday over the
failure of South Sudanese rebel leader Riek Machar to return to
Juba to take up his old post as deputy to President Salva Kiir
as part of a peace deal.
Read more
Security Council expressed serious concern on Tuesday over the
failure of South Sudanese rebel leader Riek Machar to return to
Juba to take up his old post as deputy to President Salva Kiir
as part of a peace deal.
Read more
Colombia's Santos names Arce as energy minister
April 19 (Reuters) - Colombia's President Juan Manuel Santos
on Tuesday named German Arce as mines and energy minister,
replacing Tomas Gonzalez who resigned amid an energy crisis that
has left the country on the verge of electricity rationing.
Read more
on Tuesday named German Arce as mines and energy minister,
replacing Tomas Gonzalez who resigned amid an energy crisis that
has left the country on the verge of electricity rationing.
Read more
UPDATE 2-Kuwait oil, gas workers end 3-day strike -union
DUBAI, April 19 (Reuters) - Kuwaiti oil and gas workers have
ended a three-day strike that had temporarily cut the OPEC
member's crude production by nearly half, the trade union said
in a statement posted on its Twitter account.
Read more
ended a three-day strike that had temporarily cut the OPEC
member's crude production by nearly half, the trade union said
in a statement posted on its Twitter account.
Read more
U.S. criticizes Machar for failing to return to South Sudan capital
WASHINGTON, April 19 (Reuters) - The United States voiced
dismay on Tuesday at rebel leader Riek Machar's failure to
return to South Sudan's capital to form a unity government under
a peace deal aimed at ending more than two years of violence.
Read more
dismay on Tuesday at rebel leader Riek Machar's failure to
return to South Sudan's capital to form a unity government under
a peace deal aimed at ending more than two years of violence.
Read more
UPDATE 5-Hopes fade of finding survivors from Ecuador quake as death toll nears 500
PEDERNALES, Ecuador, April 19 (Reuters) - Rescuers in
Ecuador were losing hope on Tuesday of finding more survivors
from an earthquake that killed nearly 500 people and dealt a
shattering blow to the South American OPEC country's already
fragile economy.
Read more
Ecuador were losing hope on Tuesday of finding more survivors
from an earthquake that killed nearly 500 people and dealt a
shattering blow to the South American OPEC country's already
fragile economy.
Read more
UPDATE 1-U.S. SEC sets penalties in two corporate fraud cases
April 19 (Reuters) - The U.S. Securities and Exchange
Commission announced two fraud cases alleging that accounting
failures left investors in the dark about the finances of
computer accessories maker Logitech International SA
and now-defunct electric car battery maker Ener1 Inc.
Read more
Commission announced two fraud cases alleging that accounting
failures left investors in the dark about the finances of
computer accessories maker Logitech International SA
and now-defunct electric car battery maker Ener1 Inc.
Read more
UPDATE 1-Kuwait oil union says it will continue strike -spokesman
KUWAIT, April 19 (Reuters) - Thousands of striking Kuwaiti
oil and gas workers will carry on with their three-day-old
strike until planned public sector pay cuts are cancelled, their
spokesman said on Tuesday.
Read more
oil and gas workers will carry on with their three-day-old
strike until planned public sector pay cuts are cancelled, their
spokesman said on Tuesday.
Read more
UPDATE 2-EDF staff investors demands France buys out minorities in nuclear dispute
* EAS fears Hinkley Point will crimp future dividends
(Adds detail on dividend, EDF no comment)
Read more
(Adds detail on dividend, EDF no comment)
Read more
UPDATE 1-Ecuador Esmeraldas refinery to be fully operational Wednesday
QUITO, April 19 (Reuters) - Ecuador's 110,000 barrel-per-day
Esmeraldas refinery restarted at 41.5 percent capacity on Monday
night and will be fully operational by Wednesday after a
precautionary stoppage because of a major earthquake, state oil
company Petroecuador said.
Read more
Esmeraldas refinery restarted at 41.5 percent capacity on Monday
night and will be fully operational by Wednesday after a
precautionary stoppage because of a major earthquake, state oil
company Petroecuador said.
Read more
Kuwait oil union says it will continue strike -spokesman
KUWAIT, April 19 (Reuters) - The spokesman for thousands of
striking Kuwaiti oil and gas workers said on Tuesday that their
three day-old strike would continue until planned public sector
pay reforms are cancelled.
Read more
striking Kuwaiti oil and gas workers said on Tuesday that their
three day-old strike would continue until planned public sector
pay reforms are cancelled.
Read more
Ecuador Esmeraldas refinery restarted ops Monday night - Petroecuador
QUITO, April 19 (Reuters) - Ecuador's 110,000 barrel-per-day
Esmeraldas refinery restarted at 41.5 percent capacity on Monday
night and will be fully operational by Wednesday after a
precautionary stoppage because of a major quake, state oil
company Petroecuador said in a statement.
(Reporting by Alexandra Valencia)
Read more
Esmeraldas refinery restarted at 41.5 percent capacity on Monday
night and will be fully operational by Wednesday after a
precautionary stoppage because of a major quake, state oil
company Petroecuador said in a statement.
(Reporting by Alexandra Valencia)
Read more
YOUR MONEY-Shedding light on the cost of going solar
NEW YORK, April 19 (Reuters) - When you say you want to help
the environment, few steps could signal it any louder than
putting solar panels on the roof of your house.
Read more
the environment, few steps could signal it any louder than
putting solar panels on the roof of your house.
Read more
MIDEAST STOCKS-Saudi earnings, oil boost Gulf, Egypt breaks chart barrier
DUBAI, April 19 (Reuters) - Gulf stock markets rose on
Tuesday as several Saudi companies beat first-quarter earnings
estimates and oil prices held up better than feared after the
failure of Sunday's Doha meeting to agree on an output freeze.
Read more
Tuesday as several Saudi companies beat first-quarter earnings
estimates and oil prices held up better than feared after the
failure of Sunday's Doha meeting to agree on an output freeze.
Read more
COLUMN-Brent signals traders to release oil stocks: Kemp
LONDON, April 19 (Reuters) - Crude oil storage helped
commodity traders and refiners make strong profits last year and
in the first quarter of 2016 but now the price structure which
made it possible is evaporating.
Read more
commodity traders and refiners make strong profits last year and
in the first quarter of 2016 but now the price structure which
made it possible is evaporating.
Read more
FEATURE-Solar panels power business surge - not just lights - in Tanzania
UKARA, Tanzania, April 19 (Thomson Reuters Foundation) -
S amwel Nyakalege's life has recently become more of a grind -
and that's a good thing.
Read more
S amwel Nyakalege's life has recently become more of a grind -
and that's a good thing.
Read more
Pakistan shares edge lower; rupee steady, o/n rates rise
KARACHI, Pakistan, April 19 (Reuters) - Pakistan shares fell
on Tuesday as losses in cement sector stocks outweighed a rally
in oil stocks following higher international crude oil prices,
analysts said.
Read more
on Tuesday as losses in cement sector stocks outweighed a rally
in oil stocks following higher international crude oil prices,
analysts said.
Read more
Seventy Seven Energy to file for bankruptcy amid oil slump
April 19 (Reuters) - Oilfield services company Seventy Seven
Energy Inc said it intended to file for a prepackaged
Chapter 11 bankruptcy on or before May 26.
Read more
Energy Inc said it intended to file for a prepackaged
Chapter 11 bankruptcy on or before May 26.
Read more
Russian PM orders state firms to spend 50 pct of profits on dividends
MOSCOW, April 19 (Reuters) - Russian Prime Minister Dmitry
Medvedev on Tuesday ordered state companies to spend 50 percent
of their profits on dividend payouts in 2016, according to a
document published on the government website.
Read more
Medvedev on Tuesday ordered state companies to spend 50 percent
of their profits on dividend payouts in 2016, according to a
document published on the government website.
Read more
UPDATE 1-Britain says has no plans to send combat troops to Libya
LONDON, April 19 (Reuters) - Britain has no plans to send
combat troops to Libya, Foreign Secretary Philip Hammond said on
Tuesday, responding to media reports that British special forces
were already operating in the country.
Read more
combat troops to Libya, Foreign Secretary Philip Hammond said on
Tuesday, responding to media reports that British special forces
were already operating in the country.
Read more
UPDATE 1-Denbury Resources' borrowing base cut by 30 pct to $1.05 bln
April 19 (Reuters) - Oil and gas producer Denbury Resources
Inc said its lenders reduced its borrowing base by 30
percent to $1.05 billion and that it had to pledge more assets.
Read more
Inc said its lenders reduced its borrowing base by 30
percent to $1.05 billion and that it had to pledge more assets.
Read more
Oil industry services group Aker to cut 280 jobs in Britain
LONDON, April 19 (Reuters) - Norwegian oil industry
engineering group Aker Solutions is to cut around 280
jobs, 11 percent of its UK workforce, in its Aberdeen and London
offices, the company said on Tueday, blaming poor market
conditions.
Read more
engineering group Aker Solutions is to cut around 280
jobs, 11 percent of its UK workforce, in its Aberdeen and London
offices, the company said on Tueday, blaming poor market
conditions.
Read more
COLUMN-Hedge funds bet on tightening oil market despite Doha debacle: Kemp
LONDON, April 19 (Reuters) - Brent futures prices are
signalling the market expects a rapid tightening of the
supply-demand balance in the second half of 2016.
Read more
signalling the market expects a rapid tightening of the
supply-demand balance in the second half of 2016.
Read more
Monday, April 18, 2016
COLUMN-Mining M&A still waiting for the good times to roll: Russell
LAUNCESTON, Australia, April 19 (Reuters) - Wanted: One
mine, just started or close to production, preferably gold, must
be in secure country with high-quality ore body and low costs.
Also, must be cheap.
Read more
mine, just started or close to production, preferably gold, must
be in secure country with high-quality ore body and low costs.
Also, must be cheap.
Read more
California governor, agencies face legal claims in gas blowout
LOS ANGELES, April 18 (Reuters) - Hundreds of Los Angeles
homeowners who live near the site of the worst U.S. methane leak
have filed claims against state regulators and the governor,
seeking $3.5 million each in damages for government failures
they blame for the gas blowout.
Read more
homeowners who live near the site of the worst U.S. methane leak
have filed claims against state regulators and the governor,
seeking $3.5 million each in damages for government failures
they blame for the gas blowout.
Read more
Australia shares rally on commodities, NZ hits yet another record high
SYDNEY/WELLINGTON, April 19 (Reuters) - Australian shares
climbed to a 3-1/2-month high on Tuesday, while New Zealand
stocks reached another record after a sudden reversal higher in
oil prices whetted appetite for risk assets from equities to
commodity currencies.
Read more
climbed to a 3-1/2-month high on Tuesday, while New Zealand
stocks reached another record after a sudden reversal higher in
oil prices whetted appetite for risk assets from equities to
commodity currencies.
Read more
Crude prices edge up on Kuwait oil worker strike
SINGAPORE, April 19 (Reuters) - Oil prices edged up in early
trading on Tuesday as an oil worker strike in Kuwait cut huge
amounts of crude out of the supply chain.
Read more
trading on Tuesday as an oil worker strike in Kuwait cut huge
amounts of crude out of the supply chain.
Read more
RPT-COLUMN-Saudi Arabia turns oil weapon on Iran: Kemp
LONDON, April 18 (Reuters) - Saudi Arabia's decision to
scupper negotiations on a coordinated oil output freeze in Doha
on Sunday seems to confirm a significant shift in the kingdom's
oil policy.
Read more
scupper negotiations on a coordinated oil output freeze in Doha
on Sunday seems to confirm a significant shift in the kingdom's
oil policy.
Read more
Petrobras, Brazil oil sector could get lift from impeachment
RIO DE JANEIRO, April 18 (Reuters) - Brazil's
corruption-battered state oil company Petrobras could be a big
beneficiary if the country's opposition parties impeach
President Dilma Rousseff, investors and analysts said on Monday.
Read more
corruption-battered state oil company Petrobras could be a big
beneficiary if the country's opposition parties impeach
President Dilma Rousseff, investors and analysts said on Monday.
Read more
Ecuador to receive $2 bln from China Development Bank for investment
QUITO, April 18 (Reuters) - Ecuador signed off on Monday on
a credit line for $2 billion from the China Development Bank
(CDB) to finance public investment, the Finance Ministry in the
quake-hit Andean country said in a statement.
Read more
a credit line for $2 billion from the China Development Bank
(CDB) to finance public investment, the Finance Ministry in the
quake-hit Andean country said in a statement.
Read more
Australia stocks seen rallying, NZ shares hover near record high
SYDNEY, April 19 (Reuters) - Australian shares are set to
gain on Tuesday, tracking a rise on Wall Street, with rising
commodity prices likely to support natural resource stocks.
Global mining giant BHP Billiton is expected to
open 3.2 percent higher based on the closing of its U.S. ADRs,
while investors digested Rio Tinto's production report
released earlier in the session.
Local share price index futures rose 1 percent to
5,182.0, which was a 44.9-point premium to the close of the
unde
Read more
gain on Tuesday, tracking a rise on Wall Street, with rising
commodity prices likely to support natural resource stocks.
Global mining giant BHP Billiton is expected to
open 3.2 percent higher based on the closing of its U.S. ADRs,
while investors digested Rio Tinto's production report
released earlier in the session.
Local share price index futures rose 1 percent to
5,182.0, which was a 44.9-point premium to the close of the
unde
Read more
UPDATE 3-Tax issue throws Energy Transfer's Williams deal into doubt
NEW YORK, April 18 (Reuters) - U.S. pipeline company Energy
Transfer Equity said on Monday its lawyers may not be
able to deliver an important tax opinion for its takeover of
peer Williams Cos Inc, throwing the agreed $14 billion
acquisition into doubt.
Read more
Transfer Equity said on Monday its lawyers may not be
able to deliver an important tax opinion for its takeover of
peer Williams Cos Inc, throwing the agreed $14 billion
acquisition into doubt.
Read more
RPT-Australia state bans underground coal gas drilling
SYDNEY, April 18 (Reuters) - Australia's Queensland state on
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
CANADA STOCKS-TSX rises to a 5-month high as oil losses pared
TORONTO, April 18 (Reuters) - Canada's main stock index rose
to a five-month high on Monday as energy stocks rallied after
oil pared losses, while mining and financial sector stocks also
advanced.
Read more
to a five-month high on Monday as energy stocks rallied after
oil pared losses, while mining and financial sector stocks also
advanced.
Read more
French nuclear watchdog says investigating falsified engineering reports
PARIS, April 18 (Reuters) - French nuclear security watchdog
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
French nuclear watchdog says investigating falsified engineering reports
PARIS, April 18 (Reuters) - French nuclear security watchdog
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
ASN said on Monday that it had been informed of the
falsification of control reports by a French engineering company
which produces parts used by industries that supply the nuclear
sector among others.
Read more
Siemens and Valeo team up to produce electric car engines
FRANKFURT, April 18 (Reuters) - German engineering giant
Siemens and French auto supplier Valeo are
teaming up to make engines for electric and hybrid cars, the
companies said in a joint statement on Monday.
Read more
Siemens and French auto supplier Valeo are
teaming up to make engines for electric and hybrid cars, the
companies said in a joint statement on Monday.
Read more
Sanders opposes Constitution pipeline between Pennsylvania, NY
WASHINGTON, April 18 (Reuters) - U.S. Democratic
presidential candidate Bernie Sanders on Monday said he opposes
a proposed natural gas pipeline between Pennsylvania and New
York and called on New York officials to reject the project.
Read more
presidential candidate Bernie Sanders on Monday said he opposes
a proposed natural gas pipeline between Pennsylvania and New
York and called on New York officials to reject the project.
Read more
Russia wants no more delay in Ukraine Eurobond case
MOSCOW/LONDON, April 18 (Reuters) - Ukraine has asked for
more time to file a defence in its legal stand-off in a London
court over a $3 billion bond held by Russia, but Moscow does not
want another stay in the case, Russia's deputy finance minister
was quoted as saying on Monday.
Read more
more time to file a defence in its legal stand-off in a London
court over a $3 billion bond held by Russia, but Moscow does not
want another stay in the case, Russia's deputy finance minister
was quoted as saying on Monday.
Read more
RPT-Cheap oil slows appetite for LNG as alternative shipping fuel
LONDON, April 18 (Reuters) - Low oil prices are denting the
take-up of liquefied natural gas as a cleaner source of energy
to power ships, and it will be a few more years yet before the
fuel makes serious inroads into the marine bunker market.
Read more
take-up of liquefied natural gas as a cleaner source of energy
to power ships, and it will be a few more years yet before the
fuel makes serious inroads into the marine bunker market.
Read more
Suncor to disclose more information on carbon risk, lobbying
April 18 (Reuters) - Suncor Energy, Canada's largest
oil and gas company, said it would disclose more details on its
plans to compete in a lower-carbon future and on its lobbying
activities.
Read more
oil and gas company, said it would disclose more details on its
plans to compete in a lower-carbon future and on its lobbying
activities.
Read more
UPDATE 1-Vattenfall sells German lignite assets to Czech EPH
* EPH bets on German power prices recovering post-2020
(Adds EPH, Vattenfall quotes, details)
Read more
(Adds EPH, Vattenfall quotes, details)
Read more
Q&A-Key facts about the Doha oil meeting collapse
DOHA, April 18 (Reuters) - A deal to freeze oil output by
OPEC and non-OPEC producers fell apart on Sunday, leading to a
steep drop in oil prices towards $40 on Monday.
Read more
OPEC and non-OPEC producers fell apart on Sunday, leading to a
steep drop in oil prices towards $40 on Monday.
Read more
UPDATE 1-Congressional vote moves Brazil's Rousseff closer to impeachment
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss when the lower house
of Congress voted to impeach her on Sunday, leaving her almost
certain to be forced from office months before the nation hosts
the Olympics.
Read more
Dilma Rousseff suffered a humiliating loss when the lower house
of Congress voted to impeach her on Sunday, leaving her almost
certain to be forced from office months before the nation hosts
the Olympics.
Read more
Fund managers, convinced oil bottom is here, buy up energy stocks
By David Randall
NEW YORK, April 18 (Reuters) - After several false starts
over the last two years, U.S. fund managers are betting that
energy stocks have finally hit bottom.
Firms including T. Rowe Price, Fidelity, and American Funds
have been adding shares of exploration and production companies
that they say have the most to gain from oil prices stabilizing.
The price of oil fell from $115 a barrel to $27.88 between June
2014 and January of this year, yet is up more than 50 percent
s
Read more
NEW YORK, April 18 (Reuters) - After several false starts
over the last two years, U.S. fund managers are betting that
energy stocks have finally hit bottom.
Firms including T. Rowe Price, Fidelity, and American Funds
have been adding shares of exploration and production companies
that they say have the most to gain from oil prices stabilizing.
The price of oil fell from $115 a barrel to $27.88 between June
2014 and January of this year, yet is up more than 50 percent
s
Read more
U.S. to give Philippines eye in sky to track South China Sea activity
MANILA, April 18 (Reuters) - The United States will transfer
an observation blimp to the Philippines to help it track
maritime activity and guard its borders amid rising tensions in
the South China Sea, a U.S. diplomat said on Monday.
Read more
an observation blimp to the Philippines to help it track
maritime activity and guard its borders amid rising tensions in
the South China Sea, a U.S. diplomat said on Monday.
Read more
Siemens may build gas-fired power plant in Germany
FRANKFURT, April 18 (Reuters) - Siemens cleared a
regulatory hurdle on Monday in a bid to build a gas-fired power
station in southern Germany, a rare event in a country where a
drive for renewable energy has made many traditional sources of
power unprofitable.
Read more
regulatory hurdle on Monday in a bid to build a gas-fired power
station in southern Germany, a rare event in a country where a
drive for renewable energy has made many traditional sources of
power unprofitable.
Read more
COLUMN-America's Secret Weapon
April 18 (Reuters) - This presidential election has the
country captivated. As many commentators have pointed out, the
primaries are more focused on personalities than policy. While
the parties focus on who is going to represent them in the fall,
I want to make the case for something that I hope every
candidate will agree on in November: America's unparalleled
capacity for innovation. When the United States invests in
innovation, it creates companies and jobs at home, makes
Americans healthier a
Read more
country captivated. As many commentators have pointed out, the
primaries are more focused on personalities than policy. While
the parties focus on who is going to represent them in the fall,
I want to make the case for something that I hope every
candidate will agree on in November: America's unparalleled
capacity for innovation. When the United States invests in
innovation, it creates companies and jobs at home, makes
Americans healthier a
Read more
Australia state bans underground coal gas drilling
SYDNEY, April 18 (Reuters) - Australia's Queensland state on
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
Monday banned underground coal gasification, a controversial
process used to convert coal into gas.
Read more
European shares led lower by oil stocks as Doha deal fails
* Reckitt rises after earnings update
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets
for site in development). Adds details, updates prices)
Read more
(ADVISORY- Reuters plans to replace intra-day European and UK
stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets
for site in development). Adds details, updates prices)
Read more
Hong Kong shares fall, in line with others, as oil prices drop
April 18 (Reuters) - Hong Kong stocks tracked regional
markets lower on Monday, with risk appetites reduced by a tumble
in crude oil futures after exporters failed to reach agreement
on production cuts.
Read more
markets lower on Monday, with risk appetites reduced by a tumble
in crude oil futures after exporters failed to reach agreement
on production cuts.
Read more
South Korean President Park to make state visit to Iran in May
SEOUL, April 18 (Reuters) - South Korean President Park
Geun-hye will make a state visit to Iran from May 1 to 3 to meet
President Hassan Rouhani and initiate discussions with Iran on a
wide range of areas including energy and engineering, her office
said on Monday.
Read more
Geun-hye will make a state visit to Iran from May 1 to 3 to meet
President Hassan Rouhani and initiate discussions with Iran on a
wide range of areas including energy and engineering, her office
said on Monday.
Read more
BHP CEO Mackenzie says Brexit would lead to lost decade of damaging uncertainty
LONDON, April 18 (Reuters) - BHP Billiton
Chief Executive Andrew Mackenzie said on Monday that businesses
could face a decade of damaging uncertainty if Britain voted to
leave the European Union in a June 23 referendum.
Read more
Chief Executive Andrew Mackenzie said on Monday that businesses
could face a decade of damaging uncertainty if Britain voted to
leave the European Union in a June 23 referendum.
Read more
U.N. chief urges rival South Sudan leaders to form government soon
JUBA, April 18 (Reuters) - U.N. Secretary General Ban
Ki-moon has urged the leaders of war-torn South Sudan to form a
transitional government quickly and roll out other parts of a
fragile peace deal aimed at ending more than two years of
conflict.
Read more
Ki-moon has urged the leaders of war-torn South Sudan to form a
transitional government quickly and roll out other parts of a
fragile peace deal aimed at ending more than two years of
conflict.
Read more
Sunday, April 17, 2016
In crushing defeat, Brazil's Rousseff moves close to impeachment
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss in a crucial
impeachment vote in the lower house of Congress on Sunday and is
almost certain to be forced from office months before the nation
hosts the Olympics.
Read more
Dilma Rousseff suffered a humiliating loss in a crucial
impeachment vote in the lower house of Congress on Sunday and is
almost certain to be forced from office months before the nation
hosts the Olympics.
Read more
COLUMN-Oil producers get worst possible outcome, destroy remaining credibility: Russell
LAUNCESTON, Australia, April 18 (Reuters) - It was the worst
possible outcome for oil producers at their weekend meeting in
Doha, with their failure to reach even a weak agreement showing
very publicly their divisions and inability to act in their own
interests.
Read more
possible outcome for oil producers at their weekend meeting in
Doha, with their failure to reach even a weak agreement showing
very publicly their divisions and inability to act in their own
interests.
Read more
In need of cash, India chases $117 bln in elusive back taxes
NEW DELHI, April 18 (Reuters) - India's finance ministry is
asking for regular progress reports from tax collectors and has
set a date for an amnesty to pay off arrears on undeclared
domestic assets, as the government intensifies efforts to meet
its ambitious deficit target.
Read more
asking for regular progress reports from tax collectors and has
set a date for an amnesty to pay off arrears on undeclared
domestic assets, as the government intensifies efforts to meet
its ambitious deficit target.
Read more
73 of Brazil's lower house vote for impeachment after 100 votes
BRASILIA, April 17 (Reuters) - With 100 votes cast, 73
congressmen voted in favor of the impeachment of President Dilma
Rousseff in Brazil's lower house on Sunday and 27 voted against
or abstained.
Read more
congressmen voted in favor of the impeachment of President Dilma
Rousseff in Brazil's lower house on Sunday and 27 voted against
or abstained.
Read more
Nigeria pipeline saboteurs vow further Niger Delta attacks
YENAGOA, Nigeria, April 17 (Reuters) - A group that claimed
responsibility for a major attack on a pipeline in Nigeria's
oil-producing Delta region said it will carry out more strikes,
just days after President Muhammadu Buhari vowed to crack down
on "vandals and saboteurs".
Read more
responsibility for a major attack on a pipeline in Nigeria's
oil-producing Delta region said it will carry out more strikes,
just days after President Muhammadu Buhari vowed to crack down
on "vandals and saboteurs".
Read more
OPEC, non-OPEC fail to reach deal on output freeze - sources
DOHA, April 17 (Reuters) - OPEC and non-OPEC producers on
Sunday failed to reach a deal to freeze oil output, three oil
industry sources told Reuters.
Read more
Sunday failed to reach a deal to freeze oil output, three oil
industry sources told Reuters.
Read more
Heavy rains in central Chile affect millions, hit copper output
SANTIAGO, April 17 (Reuters) - Heavy rains battering central
Chile have left an estimated 4 million people without drinking
water as landslides wreaked havoc and rivers breached their
banks, leaving at least one person dead and closing the world's
largest copper mine.
Read more
Chile have left an estimated 4 million people without drinking
water as landslides wreaked havoc and rivers breached their
banks, leaving at least one person dead and closing the world's
largest copper mine.
Read more
Ecuador's Esmeraldas refinery still down after quake
QUITO, April 17 (Reuters) - Ecuador's 110,000 barrel-per-day
Esmeraldas refinery remained down on Sunday as a precautionary
measure though will likely soon restart after a major earthquake
in the OPEC nation that killed at least 235 people, the state
oil company said.
Read more
Esmeraldas refinery remained down on Sunday as a precautionary
measure though will likely soon restart after a major earthquake
in the OPEC nation that killed at least 235 people, the state
oil company said.
Read more
UPDATE 1-Kuwait lowers crude, refining output as workers strike
KUWAIT, April 17 (Reuters) - Kuwait reduced its crude oil
output and refining production on Sunday as part of an emergency
plan to help the OPEC member deal with the largest petroleum
workers' strike in years.
Read more
output and refining production on Sunday as part of an emergency
plan to help the OPEC member deal with the largest petroleum
workers' strike in years.
Read more
UPDATE 1-Congress to vote on impeaching Rousseff in divided Brazil
BRASILIA, April 17 (Reuters) - Brazil's lower house of
Congress will decide on Sunday whether to recommend impeaching
President Dilma Rousseff on charges of manipulating budgetary
accounts, in a vote that could hasten the end of 13 years of
leftist Workers Party rule.
Read more
Congress will decide on Sunday whether to recommend impeaching
President Dilma Rousseff on charges of manipulating budgetary
accounts, in a vote that could hasten the end of 13 years of
leftist Workers Party rule.
Read more
RPT-Poland feels the pain of its love affair with coal
WARSAW/BRUSSELS, April 15 (Reuters) - For generations, the
region of Silesia has been at the heart of Poland's love affair
with coal as a source of pride and heroism.
Read more
region of Silesia has been at the heart of Poland's love affair
with coal as a source of pride and heroism.
Read more
Iran shows off Russian S-300 defence system on Army Day
DUBAI, April 17 (Reuters) - Iran showed off parts of its new
Russian S-300 missile defence system during National Army Day on
Sunday, where President Hassan Rouhani said the country's armed
forces were no threat to neighbouring countries.
Read more
Russian S-300 missile defence system during National Army Day on
Sunday, where President Hassan Rouhani said the country's armed
forces were no threat to neighbouring countries.
Read more
Hundreds rally in Baghdad backing Sadr deadline on cabinet change
BAGHDAD, April 17 (Reuters) - Hundreds rallied in central
Baghdad in support of powerful Shi'ite Muslim cleric Moqtada
al-Sadr who has threatened to call mass protests if the prime
minister fails to name a new cabinet to fight corruption by
Tuesday.
Read more
Baghdad in support of powerful Shi'ite Muslim cleric Moqtada
al-Sadr who has threatened to call mass protests if the prime
minister fails to name a new cabinet to fight corruption by
Tuesday.
Read more
UPDATE 1-Italians go to polls for drilling referendum Renzi did not want
ROME, April 17 (Reuters) - Italy went to the polls on Sunday
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
Italians go to polls for drilling referendum Renzi did not want
ROME, April 17 (Reuters) - Italy went to the polls on Sunday
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
for a referendum on off-shore oil and gas drilling rights, a
complex issue that the government hopes voters will shun.
Read more
Powerful earthquake kills 77 in Ecuador
GUAYAQUIL, Ecuador, April 17 (Reuters) - A powerful
earthquake killed at least 77 people, injured hundreds more,
ravaged coastal towns and sent residents fleeing for higher
ground in Ecuador on Saturday night.
Read more
earthquake killed at least 77 people, injured hundreds more,
ravaged coastal towns and sent residents fleeing for higher
ground in Ecuador on Saturday night.
Read more
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