* Euroclear, Russia's NSD to serve deal
(Adds details, quotes, background)
Read more
Thursday, September 22, 2016
Canada, China to start free trade talks, explore extradition treaty
OTTAWA, Sept 22 (Reuters) - Canada and China said on
Thursday they will launch exploratory talks on a free trade
agreement and explore a possible extradition treaty for Chinese
fugitives from Canada, even as they announced agreements on beef
and canola exports to China.
Read more
Thursday they will launch exploratory talks on a free trade
agreement and explore a possible extradition treaty for Chinese
fugitives from Canada, even as they announced agreements on beef
and canola exports to China.
Read more
Pouyanne says Total looking to divest Italy petrol station JV with ERG
PARIS, Sept 22 (Reuters) - Total is looking at
divesting its Italian petrol station joint-venture with ERG
next year, Chief Executive Officer Patrick Pouyanne
told investors in London on Thursday.
Read more
divesting its Italian petrol station joint-venture with ERG
next year, Chief Executive Officer Patrick Pouyanne
told investors in London on Thursday.
Read more
Bharat Petroleum looks for more oil, gas assets already in production
MUMBAI, Sept 22 (Reuters) - Indian energy group Bharat
Petroleum Corp Ltd is looking at buying more stakes in
oil and gas assets that are already producing to speed up
investment returns, the managing director of the company's
exploration business told Reuters.
Read more
Petroleum Corp Ltd is looking at buying more stakes in
oil and gas assets that are already producing to speed up
investment returns, the managing director of the company's
exploration business told Reuters.
Read more
UPDATE 1-Brazil police arrest former minister in Petrobras probe -source
SAO PAULO, Sept 22 (Reuters) - Brazilian police arrested
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at state-run oil company Petroleo Brasiliero
, according to a source close to the former minister.
Read more
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at state-run oil company Petroleo Brasiliero
, according to a source close to the former minister.
Read more
Election data offers clues about Russian troop strength in Syria
MOSCOW, Sept 22 (Reuters) - Data showing how many Russian
citizens in Syria took part in a weekend election for a new
Russian parliament suggests the Kremlin may have around 4,000
military personnel based there backing Syrian President Bashar
al-Assad.
Read more
citizens in Syria took part in a weekend election for a new
Russian parliament suggests the Kremlin may have around 4,000
military personnel based there backing Syrian President Bashar
al-Assad.
Read more
Demand for Russia's Eurobond seen at more than $3 bln
MOSCOW, Sept 22 (Reuters) - Demand for Russia's Eurobond top
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
UPDATE 1-EU clears Vattenfall sale of German lignite assets to Czech EPH
* Predicts lignite will face competition from lower carbon
energy
(Adds more on sale, debate over lignite)
Read more
energy
(Adds more on sale, debate over lignite)
Read more
White House seeks improved tribal relations as pipeline fight lingers
By Valerie Volcovici
WASHINGTON, Sept 22 (Reuters) - The leaders of hundreds of
Native American tribes will meet with President Barack Obama at
his eighth and final Tribal Nations Conference at the White
House next week, while thousands of activists are encamped on
the North Dakota prairie protesting a $3.7 billion oil pipeline.
The conference, designed to improve the relationship between
Washington and the tribes, offers the last chance for this
administration to hear from tribal leader
Read more
WASHINGTON, Sept 22 (Reuters) - The leaders of hundreds of
Native American tribes will meet with President Barack Obama at
his eighth and final Tribal Nations Conference at the White
House next week, while thousands of activists are encamped on
the North Dakota prairie protesting a $3.7 billion oil pipeline.
The conference, designed to improve the relationship between
Washington and the tribes, offers the last chance for this
administration to hear from tribal leader
Read more
Turkey won't take part in Raqqa operation if Kurdish militants do - Erdogan spox
ANKARA, Sept 22 (Reuters) - Turkish President Tayyip
Erdogan's spokesman on Thursday ruled out the possibility of
Turkey joining an operation by coalition forces against Islamic
State militants in Syria's Raqqa if Kurdish fighters also take
part.
Read more
Erdogan's spokesman on Thursday ruled out the possibility of
Turkey joining an operation by coalition forces against Islamic
State militants in Syria's Raqqa if Kurdish fighters also take
part.
Read more
Fifty pct coal price jump no leap to competitive joy for Asia LNG
SINGAPORE, Sept 22 (Reuters) - Natural gas producers have
long yearned for a price spike in coal that would allow them to
compete in Asian power generation.
Read more
long yearned for a price spike in coal that would allow them to
compete in Asian power generation.
Read more
Singapore's Marco Polo Marine flags doubt on continuing as a going concern
SINGAPORE, Sept 22 (Reuters) - Marine logistics firm Marco
Polo said it has substantial doubt about being able to
continue as a going concern due to a cash crunch, as it sought
noteholders' approval to defer redeeming bonds worth S$50
million ($37 million) by three years.
Read more
Polo said it has substantial doubt about being able to
continue as a going concern due to a cash crunch, as it sought
noteholders' approval to defer redeeming bonds worth S$50
million ($37 million) by three years.
Read more
High costs slowing Sri Lanka push toward solar energy
COLOMBO, Sept 22 (Thomson Reuters Foundation) - An ambitious
plan by the Sri Lankan government to outfit 100,000 homes with
solar panels, to turn them into power producers for the national
grid, may be too expensive for many families to afford, experts
warn.
Read more
plan by the Sri Lankan government to outfit 100,000 homes with
solar panels, to turn them into power producers for the national
grid, may be too expensive for many families to afford, experts
warn.
Read more
Wednesday, September 21, 2016
UPDATE 1-Venezuela election board sinks push for Maduro referendum in 2016
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
UPDATE 1-Oil climbs 1 percent after surprise U.S. crude stock draw
* UAE dampens expectations for upcoming producer talks
(Adds producer talk expectations, updates prices)
Read more
(Adds producer talk expectations, updates prices)
Read more
Oil extends rise after surprise U.S. crude stock draw
SINGAPORE, Sept 22 (Reuters) - Oil prices extended gains
from the previous session in Asian trading on Thursday after a
surprise third consecutive weekly U.S. crude inventory draw
tightened the market.
Read more
from the previous session in Asian trading on Thursday after a
surprise third consecutive weekly U.S. crude inventory draw
tightened the market.
Read more
Venezuela election board says Maduro referendum may happen in 2017
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board said on Wednesday a referendum sought by the opposition to
remove unpopular socialist President Nicolas Maduro could be
held in early 2017 if enough signatures are gathered to request
it.
Read more
board said on Wednesday a referendum sought by the opposition to
remove unpopular socialist President Nicolas Maduro could be
held in early 2017 if enough signatures are gathered to request
it.
Read more
UPDATE 1-Colonial says gasoline line safely restarted after leak
NEW YORK, Sept 21 (Reuters) - Colonial Pipeline Co
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades squeezed supply and led to increased
prices at the pump in the Southeast United States.
Read more
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades squeezed supply and led to increased
prices at the pump in the Southeast United States.
Read more
U.S. SEC charges thrust billionaire Cooperman into spotlight
NEW YORK, Sept 21 (Reuters) - The latest insider trading
charges by U.S. securities regulators placed an unwelcome
spotlight on billionaire Leon Cooperman, the son of a Bronx
plumber who rose to become one of the most gifted stock pickers
of his generation.
Read more
charges by U.S. securities regulators placed an unwelcome
spotlight on billionaire Leon Cooperman, the son of a Bronx
plumber who rose to become one of the most gifted stock pickers
of his generation.
Read more
TransCanada's U.S. natgas pipeline unit settles case over rate hikes
Sept 21 (Reuters) - TransCanada Corp said its U.S.
natural gas pipeline unit had reached a settlement with
customers over proposed transportation rate hikes made earlier
this year.
Read more
natural gas pipeline unit had reached a settlement with
customers over proposed transportation rate hikes made earlier
this year.
Read more
UPDATE 2-U.S. Senate clears way for $1.15 bln arms sale to Saudi Arabia
WASHINGTON, Sept 21 (Reuters) - The U.S. Senate cleared the
way for a $1.15 billion sale of tanks and other military
equipment to Saudi Arabia on Wednesday, defending a frequent
partner in the Middle East recently subject to harsh criticism
in Congress.
Read more
way for a $1.15 billion sale of tanks and other military
equipment to Saudi Arabia on Wednesday, defending a frequent
partner in the Middle East recently subject to harsh criticism
in Congress.
Read more
PM: Russia will not print money to cover budget shortfalls
MOSCOW, Sept 22 (Reuters) - Russia will not start printing
money to support economic growth and will not allow populism to
dictate the budget, Prime Minister Dmitry Medvedev wrote in an
article published on Thursday.
Read more
money to support economic growth and will not allow populism to
dictate the budget, Prime Minister Dmitry Medvedev wrote in an
article published on Thursday.
Read more
U.S. Senate clears way for $1.15 billion arms sale to Saudi Arabia
WASHINGTON, Sept 21 (Reuters) - The U.S. Senate voted to
clear the way for a $1.15 billion arms sale to Saudi Arabia on
Wednesday, defending a close U.S. ally in the Middle East
recently subject to harsh criticism in Congress.
(Reporting by Patricia Zengerle; editing by Grant McCool)
Read more
clear the way for a $1.15 billion arms sale to Saudi Arabia on
Wednesday, defending a close U.S. ally in the Middle East
recently subject to harsh criticism in Congress.
(Reporting by Patricia Zengerle; editing by Grant McCool)
Read more
REFILE-Nigeria owed $12.7 bln in undeclared oil exports - court document
LAGOS, Sept 21 (Reuters) - Nigeria has said it is owed a
total of $12.7 billion by more than a dozen companies for
allegedly not declaring exports of crude oil to the United
States between 2011 and 2014, according to court documents seen
by Reuters on Wednesday.
Read more
total of $12.7 billion by more than a dozen companies for
allegedly not declaring exports of crude oil to the United
States between 2011 and 2014, according to court documents seen
by Reuters on Wednesday.
Read more
Ghana could be Africa's number four oil producer by 2020 -report
ACCRA, Sept 21 (Reuters) - Ghana could become the fourth
biggest oil producer in sub-Saharan Africa by 2020 once two new
offshore fields come on stream, to push total output above
240,000 barrels per day (bpd), pan-African bank Ecobank said on
Wednesday.
Read more
biggest oil producer in sub-Saharan Africa by 2020 once two new
offshore fields come on stream, to push total output above
240,000 barrels per day (bpd), pan-African bank Ecobank said on
Wednesday.
Read more
EU wants to speed up approval of Paris climate deal
BRUSSELS/PRAGUE, Sept 21 (Reuters) - European Union
environment ministers will try next week to overcome an
embarrassing delay in the bloc's approval of the landmark Paris
accord on global warming that Europe has long championed,
Slovakia said on Wednesday.
Read more
environment ministers will try next week to overcome an
embarrassing delay in the bloc's approval of the landmark Paris
accord on global warming that Europe has long championed,
Slovakia said on Wednesday.
Read more
Colonial expects restart of gasoline line on Wednesday after leak
NEW YORK, Sept 21 (Reuters) - Colonial Pipeline Co said it
expects a full restart of its gasoline line by Wednesday evening
after its biggest leak in nearly two decades squeezed supply and
led to increased prices at the pump in southeast United States.
Read more
expects a full restart of its gasoline line by Wednesday evening
after its biggest leak in nearly two decades squeezed supply and
led to increased prices at the pump in southeast United States.
Read more
UPDATE 1-U.S. SEC charges Leon Cooperman with insider trading
Sept 21 (Reuters) - Billionaire investor Leon Cooperman was
charged with insider trading by the top U.S. securities
regulator on Wednesday, making him the highest-profile target in
years in the government's crackdown on illegal trading at hedge
funds.
Read more
charged with insider trading by the top U.S. securities
regulator on Wednesday, making him the highest-profile target in
years in the government's crackdown on illegal trading at hedge
funds.
Read more
UPDATE 1-U.S. crude inventories fall unexpectedly for third week - EIA
Sept 21 (Reuters) - U.S. crude oil inventories fell sharply
last week, the third consecutive week of unexpected declines,
while gasoline stocks decreased nationwide but posted record
builds on the Gulf Coast amid the shutdown of a key pipeline,
data from the Energy Information Administration showed on
Wednesday.
Read more
last week, the third consecutive week of unexpected declines,
while gasoline stocks decreased nationwide but posted record
builds on the Gulf Coast amid the shutdown of a key pipeline,
data from the Energy Information Administration showed on
Wednesday.
Read more
UPDATE 1-Venezuela PDVSA awards $3.2 bln oil service contracts, protest brews
CARACAS/HOUSTON, Sept 21 (Reuters) - Venezuela's state oil
company PDVSA said on Wednesday it has awarded $3.2 billion in
contracts to drill wells in the Orinoco Belt, although some
foreign partners are uncomfortable with the rushed tender and
structural problems that could hinder the projects, according to
sources close to the matter.
Read more
company PDVSA said on Wednesday it has awarded $3.2 billion in
contracts to drill wells in the Orinoco Belt, although some
foreign partners are uncomfortable with the rushed tender and
structural problems that could hinder the projects, according to
sources close to the matter.
Read more
UPDATE 1-Guinness Nigeria gets Diageo loan to help with currency shortages
LAGOS, Sept 21 (Reuters) - Guinness Nigeria
said on Wednesday that it had received a $95 million loan from
parent Diageo to help it cope with dollar shortages in
the West African country caused by a slump in crude prices.
Read more
said on Wednesday that it had received a $95 million loan from
parent Diageo to help it cope with dollar shortages in
the West African country caused by a slump in crude prices.
Read more
Suncor says exploration well non-commercial, to take C$105 mln hit
Sept 21 (Reuters) - Canada's Suncor Energy Inc said
the first exploration well of a joint venture in the Shelburne
basin, south of Nova Scotia, was non-commercial and it would
take a related charge of about C$105 million ($80 million) in
the current quarter.
Read more
the first exploration well of a joint venture in the Shelburne
basin, south of Nova Scotia, was non-commercial and it would
take a related charge of about C$105 million ($80 million) in
the current quarter.
Read more
India wants to add UAE, Saudi oil for strategic reserve
MUMBAI, Sept 21 (Reuters) - India is talking to the United
Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5
million tonnes (mt) of the Mangalore strategic storage, along
with Iranian crude, its oil minister said on Wednesday.
Read more
Arab Emirates (UAE) and Saudi Arabia to fill half of the 1.5
million tonnes (mt) of the Mangalore strategic storage, along
with Iranian crude, its oil minister said on Wednesday.
Read more
Denmark determined to continue production at ageing North Sea gas field
COPENHAGEN, Sept 21 (Reuters) - The Danish government is
determined to find an economically viable solution that will
allow A.P. Moller-Maersk's energy arm to continue
production at the Tyra gas field in the North Sea, energy and
climate minister Lars Christian Lilleholt said on Wednesday.
Read more
determined to find an economically viable solution that will
allow A.P. Moller-Maersk's energy arm to continue
production at the Tyra gas field in the North Sea, energy and
climate minister Lars Christian Lilleholt said on Wednesday.
Read more
REFILE-UPDATE 1-Japan signals end for $10 billion nuclear prototype
TOKYO, Sept 21 (Reuters) - Japan signalled on Wednesday it
would scrap a costly prototype nuclear reactor that has operated
for less than a year in more than two decades at a cost of 1
trillion yen ($9.84 billion).
Read more
would scrap a costly prototype nuclear reactor that has operated
for less than a year in more than two decades at a cost of 1
trillion yen ($9.84 billion).
Read more
Tale of Eldorado does little to dampen Brazilian bond allure
LONDON/SAO PAULO, Sept 21 (Reuters) - Eldorado may offer a
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has not reduced appetite for the country's
corporate credit.
Read more
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has not reduced appetite for the country's
corporate credit.
Read more
Move to extend Azerbaijan presidential term will upset balance of power - European experts
BAKU, Sept 21 (Reuters) - A move by Azerbaijan's president
to extend the head of state's term in office to seven years from
five drew fire on Wednesday from Council of Europe experts who
said it would seriously upset the balance of power in the
oil-producing state.
Read more
to extend the head of state's term in office to seven years from
five drew fire on Wednesday from Council of Europe experts who
said it would seriously upset the balance of power in the
oil-producing state.
Read more
COLUMN-La Nina forecast downgraded as trade winds remain moderate: Kemp
LONDON, Sept 21 (Reuters) - Sea surface temperatures in the
central Pacific have been significantly below the seasonal
average for the last 10 weeks, consistent with the formation of
mild La Nina conditions.
Read more
central Pacific have been significantly below the seasonal
average for the last 10 weeks, consistent with the formation of
mild La Nina conditions.
Read more
Northern Nigerian city celebrates ancient festival as security improves
ZARIA, Nigeria, Sept 21 (Reuters) - Riders wearing brightly
coloured warrior robes and bearing spears were again packing the
streets of this northern Nigerian city, greeting their
traditional ruler as locals celebrated a thousand-year-old
tradition in a region hit by Boko Haram.
Read more
coloured warrior robes and bearing spears were again packing the
streets of this northern Nigerian city, greeting their
traditional ruler as locals celebrated a thousand-year-old
tradition in a region hit by Boko Haram.
Read more
UPDATE 1-Libya exports first oil cargo from Ras Lanuf port since 2014 - port manager
BENGHAZI, Libya Sept 21 (Reuters) - An oil tanker left the
Libyan port of Ras Lanuf for Italy early on Wednesday with the
first crude export cargo from the terminal since at least late
2014, the port manager said.
Read more
Libyan port of Ras Lanuf for Italy early on Wednesday with the
first crude export cargo from the terminal since at least late
2014, the port manager said.
Read more
Oil tanker leaves Libya's Ras Lanuf with first export cargo since 2014 - port manager
BENGHAZI, Libya Sept 21 (Reuters) - An oil tanker left the
Libyan port of Ras Lanuf for Italy early on Wednesday with the
first crude export cargo from the terminal since at least late
2014, the port manager said.
Read more
Libyan port of Ras Lanuf for Italy early on Wednesday with the
first crude export cargo from the terminal since at least late
2014, the port manager said.
Read more
More than $1 billion in Power Africa commitments finalized - USAID chief
NEW YORK, Sept 21 (Reuters) - More than $1 billion in debt
and financing commitments from U.S. agencies and private
investors is set to be announced on Wednesday for U.S. President
Barack Obama's signature Africa energy initiative, Power Africa,
a top USAID official said.
Read more
and financing commitments from U.S. agencies and private
investors is set to be announced on Wednesday for U.S. President
Barack Obama's signature Africa energy initiative, Power Africa,
a top USAID official said.
Read more
Japan likely to scrap fast-breeder nuclear reactor -reports
TOKYO, Sept 21 (Reuters) - Japan is likely to scrap a
prototype fast-breeder nuclear reactor in the country's west
that has operated for less than a year in over two decades,
local media reported on Wednesday.
Read more
prototype fast-breeder nuclear reactor in the country's west
that has operated for less than a year in over two decades,
local media reported on Wednesday.
Read more
Tuesday, September 20, 2016
China August LNG imports rise 60.1 pct on year -customs
BEIJING, Sept 21 (Reuters) - China's imports of liquefied
natural gas grew 60.1 percent in August over the same month last
year to 2.26 million tonnes, data from Chinese customs showed on
Wednesday.
Read more
natural gas grew 60.1 percent in August over the same month last
year to 2.26 million tonnes, data from Chinese customs showed on
Wednesday.
Read more
China August diesel exports up 47.6 pct on yr -customs
BEIJING, Sept 21 (Reuters) - China's diesel exports rose
47.6 percent in August over the same year-ago level to 1.07
million tonnes, data from the Chinese customs showed on
Wednesday.
Read more
47.6 percent in August over the same year-ago level to 1.07
million tonnes, data from the Chinese customs showed on
Wednesday.
Read more
HIGHLIGHTS-Thomson Reuters/INSEAD Q3 Asian Business Sentiment Survey -by sector
Sept 21 (Reuters) - Business sentiment at Asian companies
rose to its highest level in more than a year in the third
quarter, buoyed by signs that China's economy is stabilising and
as Brexit concerns receded.
Read more
rose to its highest level in more than a year in the third
quarter, buoyed by signs that China's economy is stabilising and
as Brexit concerns receded.
Read more
Biden meets Ukraine's Poroshenko, urges faster reforms in energy, justice
NEW YORK, Sept 20 (Reuters) - U.S. Vice President Joe Biden
met with Ukrainian President Petro Poroshenko on Tuesday and
said it was imperative for Ukraine's leadership to accelerate
reforms needed to strengthen Ukraine's energy and justice
sectors, the White House said.
Read more
met with Ukrainian President Petro Poroshenko on Tuesday and
said it was imperative for Ukraine's leadership to accelerate
reforms needed to strengthen Ukraine's energy and justice
sectors, the White House said.
Read more
Salary of BHP CEO cut in half after Brazil mine disaster
SYDNEY, Sept 21 (Reuters) - BHP Billiton
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
Chief Executive Andrew Mackenzie's annual salary was cut in half
following the Samarco dam disaster in Brazil that claimed 19
lives and caused widespread environmental damage, the global
miner said.
Read more
Oil prices rise on reported US crude stock draw, firm Japan imports
SINGAPORE, Sept 21 (Reuters) - Oil prices climbed on
Wednesday, supported by a reported draw in U.S. crude
inventories and by firm import data from Japan.
Read more
Wednesday, supported by a reported draw in U.S. crude
inventories and by firm import data from Japan.
Read more
UPDATE 3-Brazil's ex-president Lula to stand trial for corruption
SAO PAULO, Sept 20 (Reuters) - Brazil's former president
Luiz Inacio Lula da Silva will stand trial on corruption
charges, a crusading federal judge ruled on Tuesday, adding more
turbulence to the country's political landscape.
Read more
Luiz Inacio Lula da Silva will stand trial on corruption
charges, a crusading federal judge ruled on Tuesday, adding more
turbulence to the country's political landscape.
Read more
UPDATE 1-Venezuela's PDVSA calls ratings agencies 'professional speculators'
CARACAS, Sept 20 (Reuters) - The president of Venezuelan
state oil company PDVSA on Tuesday slammed ratings agencies as
"professional speculators" who were contributing to a negative
reception of a $7.1 billion bond swap proposal meant to improve
the company's finances.
Read more
state oil company PDVSA on Tuesday slammed ratings agencies as
"professional speculators" who were contributing to a negative
reception of a $7.1 billion bond swap proposal meant to improve
the company's finances.
Read more
Gabon president seeks talks with opposition ahead of election ruling
LIBREVILLE, Sept 20 (Reuters) - Gabon President Ali Bongo
wants talks with opposition leader Jean Ping to forestall any
possible violence when the Constitutional Court makes a crucial
ruling on the country's disputed Aug. 27 election, a government
spokesman said on Tuesday.
Read more
wants talks with opposition leader Jean Ping to forestall any
possible violence when the Constitutional Court makes a crucial
ruling on the country's disputed Aug. 27 election, a government
spokesman said on Tuesday.
Read more
UPDATE 2-Peru's Kuczynski voices concern at U.N. about Venezuela crisis
UNITED NATIONS, Sept 20 (Reuters) - Peru's president Pedro
Pablo Kuczynski told the United Nations General Assembly on
Tuesday that his government is concerned about what he called
the critical economic and social situation in Venezuela, citing
shortfalls of food and medicine.
Read more
Pablo Kuczynski told the United Nations General Assembly on
Tuesday that his government is concerned about what he called
the critical economic and social situation in Venezuela, citing
shortfalls of food and medicine.
Read more
U.S., Montana to make announcement on 2011 Exxon pipeline spill
WASHINGTON, Sept 20 (Reuters) - The U.S. Justice Department
said on Tuesday it would join officials from Montana and other
federal agencies on Wednesday to announce a "significant
development" toward restoring natural resources damaged by a
2011 crude oil spill from a pipeline owned by Exxon Mobil Corp
.
Read more
said on Tuesday it would join officials from Montana and other
federal agencies on Wednesday to announce a "significant
development" toward restoring natural resources damaged by a
2011 crude oil spill from a pipeline owned by Exxon Mobil Corp
.
Read more
UPDATE 1-Senate leader opposes effort to block U.S. arms sale to Saudis
WASHINGTON, Sept 20 (Reuters) - U.S. Senate Majority Leader
Mitch McConnell said on Tuesday he would oppose an effort in
Congress to pass a measure that seeks to block the sale of $1.15
billion in Abrams tanks and other military equipment to Saudi
Arabia.
Read more
Mitch McConnell said on Tuesday he would oppose an effort in
Congress to pass a measure that seeks to block the sale of $1.15
billion in Abrams tanks and other military equipment to Saudi
Arabia.
Read more
UPDATE 1-Venezuela says oil deal would push up prices by $10-$15/bbl
CARACAS, Sept 20 (Reuters) - A deal between OPEC and
non-OPEC producer countries would push up oil prices by $10 to
$15 per barrel, Venezuela's Oil Minister Eulogio Del Pino said
on Tuesday, as the South American country pushes for an
agreement to stabilize markets.
Read more
non-OPEC producer countries would push up oil prices by $10 to
$15 per barrel, Venezuela's Oil Minister Eulogio Del Pino said
on Tuesday, as the South American country pushes for an
agreement to stabilize markets.
Read more
Shell moving out of downtown complex but to remain in Houston
HOUSTON, Sept 20 (Reuters) - Shell Oil Co, the U.S. arm of
Royal Dutch Shell Plc, plans to move most of the
operations at its company's downtown headquarters to new offices
on the city's west side, Shell announced to employees on
Tuesday.
Read more
Royal Dutch Shell Plc, plans to move most of the
operations at its company's downtown headquarters to new offices
on the city's west side, Shell announced to employees on
Tuesday.
Read more
REFILE-SEC investigating Exxon over accounting practices-CNBC, citing DJ
Sept 20 (Reuters) - The U.S. Securities and Exchange
Commission is investigating Exxon Mobil Corp on climate
change and accounting practices, CNBC tweeted, citing Dow Jones.
(http://bit.ly/2cWRikt)
Read more
Commission is investigating Exxon Mobil Corp on climate
change and accounting practices, CNBC tweeted, citing Dow Jones.
(http://bit.ly/2cWRikt)
Read more
UPDATE 1-SEC investigating Exxon over asset valuation - WSJ
Sept 20 (Reuters) - The U.S. Securities and Exchange
Commission is investigating how Exxon Mobil Corp has
valued its assets in the wake of plunge in oil prices, the Wall
Street Journal reported, citing people familiar with the matter.
Read more
Commission is investigating how Exxon Mobil Corp has
valued its assets in the wake of plunge in oil prices, the Wall
Street Journal reported, citing people familiar with the matter.
Read more
Northern Gateway pipeline project won't appeal Canadian court decision
TORONTO, Sept 20 (Reuters) - Oil company Enbridge Inc's
Northern Gateway pipeline project will not appeal a
recent Canadian Federal Court of Appeal decision that reversed
its approval pending consultations with aboriginal groups, it
said on Tuesday.
Read more
Northern Gateway pipeline project will not appeal a
recent Canadian Federal Court of Appeal decision that reversed
its approval pending consultations with aboriginal groups, it
said on Tuesday.
Read more
UPDATE 1-Petrobras cuts spending, raises asset sales goal in five-year plan
RIO DE JANEIRO/SAO PAULO, Sept 20 (Reuters) - Brazil's
state-owned oil company Petrobras on Tuesday cut its planned
investment by 25 percent in a drive to reduce the largest debt
burden among global petroleum firms and revive investor
confidence battered by a corruption scandal.
Read more
state-owned oil company Petrobras on Tuesday cut its planned
investment by 25 percent in a drive to reduce the largest debt
burden among global petroleum firms and revive investor
confidence battered by a corruption scandal.
Read more
UPDATE 1-Colonial expects U.S. gasoline line restart Wednesday after leak
NEW YORK, Sept 20 (Reuters) - Colonial Pipeline Co said on
Tuesday it expects to restart its main gasoline line on
Wednesday after its biggest leak in nearly two decades which led
to a surge in prices at the pump and long lines in the southeast
United States.
Read more
Tuesday it expects to restart its main gasoline line on
Wednesday after its biggest leak in nearly two decades which led
to a surge in prices at the pump and long lines in the southeast
United States.
Read more
Brazil's Petrobras says to exit biofuels production
SAO PAULO, Sept 20 (Reuters) - Brazil's state-controlled oil
company Petróleo Brasileiro SA said on Tuesday it
will exit the biofuels sector, as the heavily indebted company
seeks to prioritize investment in crude oil and gas production.
Read more
company Petróleo Brasileiro SA said on Tuesday it
will exit the biofuels sector, as the heavily indebted company
seeks to prioritize investment in crude oil and gas production.
Read more
India's Adani buys Australian port operator from Glencore
MUMBAI, Sept 20 (Reuters) - A unit of India's Adani
Enterprises Ltd will buy the company that operates
Australia's Abbot Point Coal Terminal from Glencore Plc
for A$19.25 million dollars ($14.52 million), ending a legal
wrangle over control of the port.
Read more
Enterprises Ltd will buy the company that operates
Australia's Abbot Point Coal Terminal from Glencore Plc
for A$19.25 million dollars ($14.52 million), ending a legal
wrangle over control of the port.
Read more
Poland aims to have 1 mln electric cars on its roads by 2025
WARSAW, Sept 20 (Reuters) - Poland aims to have 1 million
electric cars on its roads by 2025 as it seeks to cut carbon
emissions from transport and will offer tax and other
incentives, the energy ministry said on Tuesday.
Read more
electric cars on its roads by 2025 as it seeks to cut carbon
emissions from transport and will offer tax and other
incentives, the energy ministry said on Tuesday.
Read more
Libya's AGOCO raises output to 210,000 bpd as two fields restart - spokesman
BENGHAZI, Libya Sept 20 (Reuters) - Libya's Arabian Gulf Oil
Company (AGOCO) said on Tuesday its output had risen to 210,000
barrels per day (bpd) after production resumed at the Nafoura
and Hamada fields.
Read more
Company (AGOCO) said on Tuesday its output had risen to 210,000
barrels per day (bpd) after production resumed at the Nafoura
and Hamada fields.
Read more
SE Asia Stocks-Mixed as investors await BOJ, Fed decisions
By Aparajita Saxena
Sept 20 (Reuters) - Southeast Asian markets ended mixed on
Tuesday as uncertainty over policy moves by the U.S. Federal
Reserve and the Bank of Japan kept investors on the sidelines.
The Federal Open Market Committee is expected to stand pat
on interest rates, while the BOJ is expected to make crucial
changes to its easing programme.
A Reuters poll of economists found on Tuesday that the BOJ
is expected to further ease its ultra-loose policies at this
week's meeti
Read more
Sept 20 (Reuters) - Southeast Asian markets ended mixed on
Tuesday as uncertainty over policy moves by the U.S. Federal
Reserve and the Bank of Japan kept investors on the sidelines.
The Federal Open Market Committee is expected to stand pat
on interest rates, while the BOJ is expected to make crucial
changes to its easing programme.
A Reuters poll of economists found on Tuesday that the BOJ
is expected to further ease its ultra-loose policies at this
week's meeti
Read more
Cost-conscious major miners look to agility of junior explorers
LONDON, Sept 20 (Reuters) - Tight budgets and nervous
investors have convinced major miners that a cheap, timely way
to ensure a strong pipeline of quality assets is to team up with
junior, more nimble exploration firms.
Read more
investors have convinced major miners that a cheap, timely way
to ensure a strong pipeline of quality assets is to team up with
junior, more nimble exploration firms.
Read more
CGT union calls for strike at French power grid operator RTE
PARIS, Sept 20 (Reuters) - France's CGT trade union on
Tuesday called its members to down tools at power grid operator
RTE on Sept. 21 to protest the planned sale of about half of the
stake in the company held by state-controlled utility EDF
.
Read more
Tuesday called its members to down tools at power grid operator
RTE on Sept. 21 to protest the planned sale of about half of the
stake in the company held by state-controlled utility EDF
.
Read more
EU auditor sees nuclear decommissioning funds shortfall
BRUSSELS, Sept 20 (Reuters) - European Union plans for
financing the decommissioning of nuclear plants in Bulgaria,
Lithuania and Slovakia are inadequate and more resources need to
be put aside, the European Court of Auditors said in a report.
Read more
financing the decommissioning of nuclear plants in Bulgaria,
Lithuania and Slovakia are inadequate and more resources need to
be put aside, the European Court of Auditors said in a report.
Read more
European shares inch lower on weaker energy stocks
LONDON, Sept 20 (Reuters) - European shares edged lower in
early trading on Tuesday dragged by weaker energy shares on the
back of lower crude oil prices.
Read more
early trading on Tuesday dragged by weaker energy shares on the
back of lower crude oil prices.
Read more
Monday, September 19, 2016
UPDATE 1-Oil slips as Venezuela says market is 10 pct oversupplied
* Despite this, fund managers cut short crude positions
(Adds technical analysis, short market data, updates prices)
Read more
(Adds technical analysis, short market data, updates prices)
Read more
China freezes Trafigura's investment in copper smelter as part of oil probe
BEIJING, Sept 20 (Reuters) - The Chinese authorities have
frozen part of commodity trader Trafigura's investment in a
Chinese copper smelter as part of a years-long probe into the
Swiss firm's oil trading, according to documents from the police
and banks reviewed by Reuters.
Read more
frozen part of commodity trader Trafigura's investment in a
Chinese copper smelter as part of a years-long probe into the
Swiss firm's oil trading, according to documents from the police
and banks reviewed by Reuters.
Read more
U.S. 'outraged' over reported bombing of Syria aid convoy -State Department
WASHINGTON, Sept 19 (Reuters) - The United States is
"outraged" by reports that a humanitarian aid convoy was bombed
near Aleppo, Syria, on Monday and Washington will reassess
future cooperation with Russia, a U.S. State Department
spokesman said.
Read more
"outraged" by reports that a humanitarian aid convoy was bombed
near Aleppo, Syria, on Monday and Washington will reassess
future cooperation with Russia, a U.S. State Department
spokesman said.
Read more
Oil prices fall as Venezuela says market is 10 pct oversupplied
SINGAPORE, Sept 20 (Reuters) - Oil prices fell on Tuesday
after Venezuela said that global crude supplies needed to fall
by 10 percent in order to bring production down to consumption
levels, confirming analyst views that markets remain heavily
oversupplied.
Read more
after Venezuela said that global crude supplies needed to fall
by 10 percent in order to bring production down to consumption
levels, confirming analyst views that markets remain heavily
oversupplied.
Read more
RPT-COLUMN-Hedge funds scale back short positions as oil steadies: Kemp
LONDON, Sept 19 (Reuters) - Hedge funds scaled back some of
their short positions in crude oil futures and options after
prices failed to fall further, suggesting the market was running
out of negative momentum.
Read more
their short positions in crude oil futures and options after
prices failed to fall further, suggesting the market was running
out of negative momentum.
Read more
UPDATE 2-Tesla says lawsuits may delay SolarCity deal
Sept 19 (Reuters) - Tesla Motors Inc said on Monday
its proposed acquisition of SolarCity Corp could be
delayed because of shareholder lawsuits alleging board members
breached their fiduciary duty, the latest hurdle to a $2.6
billion deal.
Read more
its proposed acquisition of SolarCity Corp could be
delayed because of shareholder lawsuits alleging board members
breached their fiduciary duty, the latest hurdle to a $2.6
billion deal.
Read more
CORRECTED-Social entrepreneurs say they face tough hurdles but making headway
SAN FRANCISCO, Sept 16 (Thomson Reuters Foundation) -
G reater support from the public, governments and investors is
needed to boost the work of entrepreneurs using business for
social good, said industry activists and organizers after a
Thomson Reuters Foundation poll highlighted these as key issues.
Read more
G reater support from the public, governments and investors is
needed to boost the work of entrepreneurs using business for
social good, said industry activists and organizers after a
Thomson Reuters Foundation poll highlighted these as key issues.
Read more
UPDATE 1-U.S. pump prices rise as Colonial fixes gasoline pipeline leak
NEW YORK, Sept 19 (Reuters) - Gasoline prices in the
southeastern United States kept rising on Monday as Colonial
Pipeline Co continued to fix a more-than-week long disruption on
a key gasoline line that has led to complaints of long waits and
price gouging at the pump.
Read more
southeastern United States kept rising on Monday as Colonial
Pipeline Co continued to fix a more-than-week long disruption on
a key gasoline line that has led to complaints of long waits and
price gouging at the pump.
Read more
SoCalGas completes more California Aliso Canyon natgas well tests
Sept 19 (Reuters) - More wells passed safety inspections at
the Aliso Canyon natural gas storage facility in Los Angeles,
Southern California Gas Co said on Monday, but the company has
more work to do before it can inject gas into the giant field
the utility shut last fall due to a massive methane leak that
was not plugged until February.
Read more
the Aliso Canyon natural gas storage facility in Los Angeles,
Southern California Gas Co said on Monday, but the company has
more work to do before it can inject gas into the giant field
the utility shut last fall due to a massive methane leak that
was not plugged until February.
Read more
CORRECTED-Peru, BlackRock in talks on infrastructure financing
LIMA, Sept 19 (Reuters) - Peru is in talks with BlackRock
Inc, the world's largest asset manager, about obtaining
infrastructure financing, President Pedro Pablo Kuczynski said
Monday after meeting with the company's chief executive officer
Larry Fink.
Read more
Inc, the world's largest asset manager, about obtaining
infrastructure financing, President Pedro Pablo Kuczynski said
Monday after meeting with the company's chief executive officer
Larry Fink.
Read more
Venezuela says global oil supply exceeds demand by 10 percent
CARACAS, Venezuela, Sept 19 (Reuters) - Global oil supply of
94 million barrels per day needs to fall by about a tenth if it
is to match consumption, Venezuela's Oil Minister Eulogio Del
Pino said on Monday.
Read more
94 million barrels per day needs to fall by about a tenth if it
is to match consumption, Venezuela's Oil Minister Eulogio Del
Pino said on Monday.
Read more
CORRECTED-UPDATE 1-Tesla says lawsuits could delay SolarCity deal
Sept 19 (Reuters) - Elon Musk-led Tesla Motor Inc
said on Monday its proposed acquisition of SolarCity Corp
could be delayed due to shareholder lawsuits
challenging the deal.
Read more
said on Monday its proposed acquisition of SolarCity Corp
could be delayed due to shareholder lawsuits
challenging the deal.
Read more
Syria ceasefire is fragile but only hope to end conflict -France
WASHINGTON, Sept 19 (Reuters) - A U.S.-Russian ceasefire
agreement for Syria is particularly fragile but it remains the
only hope to resolve the conflict, French Foreign Minister
Jean-Marc Ayrault said on Monday.
Read more
agreement for Syria is particularly fragile but it remains the
only hope to resolve the conflict, French Foreign Minister
Jean-Marc Ayrault said on Monday.
Read more
UPDATE 1-Engie considers future of its LNG unit - union
PARIS, Sept 19 (Reuters) - French gas and power group Engie
is considering the future of its liquefied natural
gas (LNG) business, which could lead to a reorganisation and
maybe a sale, the firm's CGT union said on Monday.
Read more
is considering the future of its liquefied natural
gas (LNG) business, which could lead to a reorganisation and
maybe a sale, the firm's CGT union said on Monday.
Read more
UPDATE 1-SunEdison's yieldcos exploring strategic options, including sale
Sept 19 (Reuters) - TerraForm Global Inc and
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said on Monday they were exploring
strategic alternatives, including a sale of their entire
business.
Read more
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said on Monday they were exploring
strategic alternatives, including a sale of their entire
business.
Read more
COLUMN-Hedge funds scale back short positions as oil steadies: Kemp
LONDON, Sept 19 (Reuters) - Hedge funds scaled back some of
their short positions in crude oil futures and options after
prices failed to fall further, suggesting the market was running
out of negative momentum.
Read more
their short positions in crude oil futures and options after
prices failed to fall further, suggesting the market was running
out of negative momentum.
Read more
After long honeymoon, Canada's Trudeau faces tough choices
OTTAWA, Sept 19 (Reuters) - Canadian Prime Minister Justin
Trudeau has enjoyed remarkably strong opinion poll numbers since
winning power in last October's election but now faces tough
decisions that could dent his popularity.
Read more
Trudeau has enjoyed remarkably strong opinion poll numbers since
winning power in last October's election but now faces tough
decisions that could dent his popularity.
Read more
COLUMN-Hedge funds turn strongly bullish on U.S. natural gas: Kemp
LONDON, Sept 19 (Reuters) - Hedge funds have built their
largest bullish position in U.S. natural gas for more than two
years amid signs the gas glut is being eroded quickly and the
market could tighten in 2017.
Read more
largest bullish position in U.S. natural gas for more than two
years amid signs the gas glut is being eroded quickly and the
market could tighten in 2017.
Read more
Britain's FTSE gains as miners rally, though mid cap Mitie drops
LONDON, Sept 19 (Reuters) - British shares advanced on
Monday, led by a rise in mining companies which were supported
by firmer oil prices and a weaker dollar, though mid cap Mitie
Group slumped after a profit warning.
Read more
Monday, led by a rise in mining companies which were supported
by firmer oil prices and a weaker dollar, though mid cap Mitie
Group slumped after a profit warning.
Read more
UPDATE 1-All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the shipowners, a South Korean judge
said on Monday.
Read more
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the shipowners, a South Korean judge
said on Monday.
Read more
COLUMN-China's iron ore imports stay robust, may delay price retreat: Russell
LAUNCESTON, Australia, Sept 19 (Reuters) - There is an
almost universal expectation that iron ore prices will start to
retreat soon, reversing some of the 29 percent surge this year
that has seen the steel-making ingredient become one of the
unexpected commodity top performers.
Read more
almost universal expectation that iron ore prices will start to
retreat soon, reversing some of the 29 percent surge this year
that has seen the steel-making ingredient become one of the
unexpected commodity top performers.
Read more
Sunday, September 18, 2016
SE Asia Stocks-Largely up ahead of key central bank meetings
By Aparajita Saxena
Sept 19 (Reuters) - Most Southeast Asian stock markets were
trading higher on Monday, tracking gains in Asian peers, ahead
of crucial central bank meetings in the United States and Japan.
The Federal Reserve is set for a lively debate on Tuesday
and Wednesday and could give a clear signal of an interest rate
rise to come even if it follows market expectations for a pause
this month.
"We expect soft market movements ahead of the FOMC meeting
and the BOJ monetary p
Read more
Sept 19 (Reuters) - Most Southeast Asian stock markets were
trading higher on Monday, tracking gains in Asian peers, ahead
of crucial central bank meetings in the United States and Japan.
The Federal Reserve is set for a lively debate on Tuesday
and Wednesday and could give a clear signal of an interest rate
rise to come even if it follows market expectations for a pause
this month.
"We expect soft market movements ahead of the FOMC meeting
and the BOJ monetary p
Read more
Oil up as Venezuela sees output deal, Libya suffers clashes
SINGAPORE, Sept 19 (Reuters) - Oil prices rose in Asian
trade on Monday after Venezuela said that OPEC and non-OPEC
countries were close to reaching an output stabilizing deal and
as clashes in Libya raised concerns that efforts to restart
crude exports could be disrupted.
Read more
trade on Monday after Venezuela said that OPEC and non-OPEC
countries were close to reaching an output stabilizing deal and
as clashes in Libya raised concerns that efforts to restart
crude exports could be disrupted.
Read more
UPDATE 1-Venezuela says OPEC, non-OPEC oil stabilizing deal close
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuelan
President Nicolas Maduro said on Sunday that OPEC and non-OPEC
countries were close to reaching a deal to stabilize oil markets
and that he aimed for a deal to be announced this month.
Read more
President Nicolas Maduro said on Sunday that OPEC and non-OPEC
countries were close to reaching a deal to stabilize oil markets
and that he aimed for a deal to be announced this month.
Read more
Venezuela says OPEC, non-OPEC oil stabilizing deal "close"
CARACAS, Sept 18 (Reuters) - Venezuelan President Nicolas
Maduro said on Sunday that OPEC and non-OPEC countries were
"close" to reaching a deal to stabilize oil markets and that he
aimed for a deal to be announced this month.
Read more
Maduro said on Sunday that OPEC and non-OPEC countries were
"close" to reaching a deal to stabilize oil markets and that he
aimed for a deal to be announced this month.
Read more
UPDATE 1-Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
UPDATE 1-Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged due to
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a bypass line around the leak.
Read more
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a bypass line around the leak.
Read more
Fourteen kidnapped Nigerian oil workers freed - police
ONITSHA, Nigeria, Sept 18 (Reuters) - Nigerian police have
freed 14 kidnapped oil workers in the restive southern Niger
Delta region, which has been hit by a series of militant attacks
on oil and gas facilities, police said on Sunday.
Read more
freed 14 kidnapped oil workers in the restive southern Niger
Delta region, which has been hit by a series of militant attacks
on oil and gas facilities, police said on Sunday.
Read more
Canada will impose nationwide carbon price - minister
TORONTO, Sept 18 (Reuters) - Canada will impose a carbon
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
price on provinces that do not adequately regulate emissions by
themselves, Environment Minister Catherine McKenna said on
Sunday without giving details on how the Liberal government will
do so.
Read more
Libyan forces renew push against Islamic State in Sirte
TRIPOLI, Sept 18 (Reuters) - Libyan forces allied with the
U.N.-backed government on Sunday battled Islamic State militants
in their last hideouts in the city of Sirte, in a renewed push
after a break in fighting for the Muslim celebrations of Eid.
Read more
U.N.-backed government on Sunday battled Islamic State militants
in their last hideouts in the city of Sirte, in a renewed push
after a break in fighting for the Muslim celebrations of Eid.
Read more
Tanker withdraws offshore after Libyan oil port clashes - NOC
TRIPOLI, Sept 18 (Reuters) - Libya's National Oil
Corporation (NOC) said a tanker that had been loading at the
port of Ras Lanuf had withdrawn to a safe distance as rival
forces clashed nearby on Sunday.
Read more
Corporation (NOC) said a tanker that had been loading at the
port of Ras Lanuf had withdrawn to a safe distance as rival
forces clashed nearby on Sunday.
Read more
UPDATE 2-OPEC sec-gen says may call extra meeting if consensus at Algiers - APS
ALGIERS, Sept 18 (Reuters) - OPEC members may call an
extraordinary meeting to discuss oil prices if they reach
consensus at an informal gathering in Algiers this month, OPEC
Secretary-General Mohammed Barkindo said during a visit to
Algeria, the country's state news agency APS reported on Sunday.
Read more
extraordinary meeting to discuss oil prices if they reach
consensus at an informal gathering in Algiers this month, OPEC
Secretary-General Mohammed Barkindo said during a visit to
Algeria, the country's state news agency APS reported on Sunday.
Read more
OPEC chief says may call extraordinary meeting if consensus reached in Algiers -APS
ALGIERS, Sept 18 (Reuters) - OPEC members may call an
extraordinary meeting to discuss oil prices if they reach
consensus during an informal gathering in Algiers this month,
OPEC Secretary-General Mohammed Barkindo said during a visit to
Algeria, the country's state news agency APS said on Sunday.
Read more
extraordinary meeting to discuss oil prices if they reach
consensus during an informal gathering in Algiers this month,
OPEC Secretary-General Mohammed Barkindo said during a visit to
Algeria, the country's state news agency APS said on Sunday.
Read more
UAE bank NBAD postpones Middle East's first green bond -sources
ABU DHABI, Sept 18 (Reuters) - National Bank of Abu Dhabi
has postponed the region's first ever green bond after
investors considered the pricing unattractive, banking sources
told Reuters on Sunday.
Read more
has postponed the region's first ever green bond after
investors considered the pricing unattractive, banking sources
told Reuters on Sunday.
Read more
INSIGHT-Most states on track to meet emissions targets they call burden
LOS ANGELES/WASHINGTON, Sept 18(Reuters) - The 27 states
challenging Obama's Clean Power Plan in court say the lower
emissions levels it would impose are an undue burden. But most
are likely to hit them anyway.
Read more
challenging Obama's Clean Power Plan in court say the lower
emissions levels it would impose are an undue burden. But most
are likely to hit them anyway.
Read more
Libyan force counter attacks at oil ports, claims to retake control of Es Sider
BENGHAZI, Libya, Sept 18 (Reuters) - A Libyan force ousted a
week ago from key oil ports counter attacked on Sunday, taking
back control of Es Sider terminal and triggering clashes near
Ras Lanuf port, spokesman for the force, Ali al-Hassi, and a
port worker said.
Read more
week ago from key oil ports counter attacked on Sunday, taking
back control of Es Sider terminal and triggering clashes near
Ras Lanuf port, spokesman for the force, Ali al-Hassi, and a
port worker said.
Read more
UPDATE 1-Libyan force counter attacks at oil ports, claims to retake control of Es Sider
BENGHAZI, Libya, Sept 18 (Reuters) - A Libyan force ousted a
week ago from key oil ports counter attacked on Sunday, taking
back control of Es Sider terminal and triggering clashes near
Ras Lanuf port, a spokesman for the force, Ali al-Hassi, and a
port worker said.
Read more
week ago from key oil ports counter attacked on Sunday, taking
back control of Es Sider terminal and triggering clashes near
Ras Lanuf port, a spokesman for the force, Ali al-Hassi, and a
port worker said.
Read more
Iran supports any move to stabilise oil market -Rouhani
DUBAI, Sept 18 (Reuters) - Iran's President Hassan Rouhani
said Tehran supports any move to stabilise the global oil market
and lift prices, the Iranian oil ministry news agency SHANA
quoted him as saying on Sunday.
Read more
said Tehran supports any move to stabilise the global oil market
and lift prices, the Iranian oil ministry news agency SHANA
quoted him as saying on Sunday.
Read more
Singapore's Swiber to default on coupon payment
SINGAPORE, Sept 18 (Reuters) - Troubled Singaporean oilfield
services firm Swiber Holdings said late on Friday it
was unable to make the coupon payment for its 450 million yuan
($67.5 million) fixed rate notes due on Sunday.
Read more
services firm Swiber Holdings said late on Friday it
was unable to make the coupon payment for its 450 million yuan
($67.5 million) fixed rate notes due on Sunday.
Read more
Saturday, September 17, 2016
UPDATE 1-Colonial resumes work on U.S. gasoline line, pump prices rise
Sept 17 (Reuters) - Colonial Pipeline Co said on Saturday it
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several states took emergency action to get fuel to filling
stations more easily.
Read more
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several states took emergency action to get fuel to filling
stations more easily.
Read more
Colonial says has resumed repair work on damaged pipeline
Sept 17 (Reuters) - Colonial Pipeline Co said on
Saturday it had resumed work on repairing its damaged Line 1
gasoline line on Friday afternoon, after having to temporarily
halt work due to vapors at the site of the leak.
Read more
Saturday it had resumed work on repairing its damaged Line 1
gasoline line on Friday afternoon, after having to temporarily
halt work due to vapors at the site of the leak.
Read more
Bulgaria to pay Russia $446 mln for cancelled Belene nuclear project this year
SOFIA, Sept 17 (Reuters) - Bulgaria will pay Russian state
nuclear company Rosatom 400 million euros ($446 million), the
bulk of the compensation for the cancelled Belene nuclear
project, by the end of the year, Economy Minister Temenuzhka
Petkova said on Saturday.
Read more
nuclear company Rosatom 400 million euros ($446 million), the
bulk of the compensation for the cancelled Belene nuclear
project, by the end of the year, Economy Minister Temenuzhka
Petkova said on Saturday.
Read more
UPDATE 2-Bosnia court blocks Serb Republic national holiday
SARAJEVO, Sept 17 (Reuters) - Bosnia's top court upheld a
ban on a "discriminatory" national holiday in the country's
autonomous Serb Republic, setting the regional government on a
collision course with the deeply divided country's central
authorities in Sarajevo.
Read more
ban on a "discriminatory" national holiday in the country's
autonomous Serb Republic, setting the regional government on a
collision course with the deeply divided country's central
authorities in Sarajevo.
Read more
Bosnian court upholds ban on "discriminatory" Serb national day
SARAJEVO, Sept 17 (Reuters) - Bosnia's top court upheld a
ban on a national holiday in the autonomous Serb Republic,
saying its date, which coincides with an Orthodox Christian
holiday, discriminated against the region's Muslims Bosniaks and
Catholic Croatians.
Read more
ban on a national holiday in the autonomous Serb Republic,
saying its date, which coincides with an Orthodox Christian
holiday, discriminated against the region's Muslims Bosniaks and
Catholic Croatians.
Read more
UPDATE 1-China issues alert for second typhoon in a week
SHANGHAI, Sept 17 (Reuters) - China is bracing for its
second typhoon in a week after government raised their alert to
"orange" for Typhoon Malakas on Saturday, just as southeastern
provinces continue to clean up after an earlier, stronger storm,
state news agency Xinhua reported.
Read more
second typhoon in a week after government raised their alert to
"orange" for Typhoon Malakas on Saturday, just as southeastern
provinces continue to clean up after an earlier, stronger storm,
state news agency Xinhua reported.
Read more
Friday, September 16, 2016
UPDATE 1-Venezuela to use Non-Aligned summit to push oil consensus
CARACAS, Sept 16 (Reuters) - Venezuela will use this
weekend's Non-Aligned Movement summit to meet fellow oil
producers and gather support for a global deal to strengthen oil
prices at a gathering in Algeria this month, Oil Minister
Eulogio del Pino said on Friday.
Read more
weekend's Non-Aligned Movement summit to meet fellow oil
producers and gather support for a global deal to strengthen oil
prices at a gathering in Algeria this month, Oil Minister
Eulogio del Pino said on Friday.
Read more
Obama says concerned Syrian gov't blocking humanitarian aid - White House
WASHINGTON, Sept 16 (Reuters) - U.S. President Barack Obama
expressed deep concern that the Syrian government continues to
block the flow of humanitarian aid despite decreased violence in
the country following a truce arranged by the United States and
Russia, the White House said on Friday.
Read more
expressed deep concern that the Syrian government continues to
block the flow of humanitarian aid despite decreased violence in
the country following a truce arranged by the United States and
Russia, the White House said on Friday.
Read more
UPDATE 1-Obama to meet with Iraq, Nigeria, Colombia leaders at UN Assembly
WASHINGTON, Sept 16 (Reuters) - President Barack Obama will
meet with the leaders of Iraq, Nigeria and Colombia on the
sidelines of the annual United Nations General Assembly
gathering next week, the White House said on Friday.
Read more
meet with the leaders of Iraq, Nigeria and Colombia on the
sidelines of the annual United Nations General Assembly
gathering next week, the White House said on Friday.
Read more
Mobileye says it warned Tesla against enabling 'hands-free' driving
FRANKFURT, Sept 16 (Reuters) - Mobileye NV said in
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's electric cars would not be allowed
to take their hands off the wheel when using the "Autopilot"
driving assistance system, but Tesla later allowed hands-free
driving over Mobileye's objections.
Read more
a U.S. securities filing on Friday that its top executives were
assured by Tesla Motors Inc Chief Executive Elon Musk
that drivers of the company's electric cars would not be allowed
to take their hands off the wheel when using the "Autopilot"
driving assistance system, but Tesla later allowed hands-free
driving over Mobileye's objections.
Read more
Obama to meet with Iraq, Nigeria, Colombia leaders at UN Assembly
WASHINGTON, Sept 16 (Reuters) - President Barack Obama will
meet with the leaders of Iraq, Nigeria and Colombia on the
sidelines of the annual United Nations General Assembly
gathering next week, the White House said on Friday.
Read more
meet with the leaders of Iraq, Nigeria and Colombia on the
sidelines of the annual United Nations General Assembly
gathering next week, the White House said on Friday.
Read more
UPDATE 3-Gasoline futures soar, retail prices up as Colonial woes persist
(Adds planned BP Whiting production cut, updates prices)
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Gasoline futures have soared
and prices at the pump in certain states have started to spike
due to an ongoing partial shutdown of Colonial Pipeline, the
vital artery bringing gasoline and other products to the U.S.
East Coast.
Colonial, the largest U.S. refined products pipeline system,
shut its main gasoline and distillate lines last week after a
6,000 barrel leak was
Read more
U.S. oil drillers add rigs for 11th week in 12 -Baker Hughes
Sept 16 (Reuters) - U.S. drillers this week added oil rigs
for an 11th week in the past 12, according to a closely followed
report on Friday, although the rate of increases has slowed as
crude prices remain below the key $50 a barrel level that spurs
a return to the well pad.
That is, however, the longest streak of not cutting rigs
since 2011 with the rig count increasing or holding steady every
week so far this quarter.
Drillers added two oil rigs in the week to Sept. 16,
bringing the t
Read more
for an 11th week in the past 12, according to a closely followed
report on Friday, although the rate of increases has slowed as
crude prices remain below the key $50 a barrel level that spurs
a return to the well pad.
That is, however, the longest streak of not cutting rigs
since 2011 with the rig count increasing or holding steady every
week so far this quarter.
Drillers added two oil rigs in the week to Sept. 16,
bringing the t
Read more
UPDATE 1-China to build at least 60 nuclear plants in coming decade -industry official
LONDON, Sept 16 (Reuters) - China plans to build more than
60 nuclear plants in the coming decade, a top Chinese industry
official said on Friday.
Read more
60 nuclear plants in the coming decade, a top Chinese industry
official said on Friday.
Read more
UPDATE 1-Hungary expects EU clearance for Paks reactors in weeks
PARIS, Sept 16 (Reuters) - Hungary expects European Union
clearance to build two Russian nuclear reactors at its Paks
nuclear site in the coming weeks, a senior Hungarian government
official said on Friday.
Read more
clearance to build two Russian nuclear reactors at its Paks
nuclear site in the coming weeks, a senior Hungarian government
official said on Friday.
Read more
CANADA STOCKS-TSX dips as banks, energy shares weigh
OTTAWA, Sept 16 (Reuters) - Canada's main stock index
weakened on Friday as lower oil prices dragged down energy
shares, while the bank sector sagged as part of a global selloff
after recent strong gains.
Read more
weakened on Friday as lower oil prices dragged down energy
shares, while the bank sector sagged as part of a global selloff
after recent strong gains.
Read more
UPDATE 1-India loses WTO appeal in U.S. solar dispute
GENEVA, Sept 16 (Reuters) - India lost its appeal at the
World Trade Organization in a dispute over solar power on
Friday, failing to overturn a U.S. complaint that New Delhi had
discriminated against importers in the Indian solar power
sector.
Read more
World Trade Organization in a dispute over solar power on
Friday, failing to overturn a U.S. complaint that New Delhi had
discriminated against importers in the Indian solar power
sector.
Read more
India loses WTO appeal in U.S. solar dispute
GENEVA, Sept 16 (Reuters) - India lost its appeal at the
World Trade Organization in a dispute over solar power on
Friday, failing to overturn a U.S. complaint that New Delhi had
discriminated against importers in the Indian solar power
sector.
Read more
World Trade Organization in a dispute over solar power on
Friday, failing to overturn a U.S. complaint that New Delhi had
discriminated against importers in the Indian solar power
sector.
Read more
ABB board to discuss future of Power Grids business next week
ZURICH, Sept 16 (Reuters) - ABB's board will
discuss the future of its Power Grids division next week as
investors ramp up pressure on the Swedish-Swiss technology group
to spin off the $11.6 billion business.
Read more
discuss the future of its Power Grids division next week as
investors ramp up pressure on the Swedish-Swiss technology group
to spin off the $11.6 billion business.
Read more
Total looks beyond Bolivia's Incahuasi to regional gas market
PARIS, Sept 16 (Reuters) - Oil and gas giant Total
could start the second phase of its Incahuasi gas project in
Bolivia as early as 2017 if the right market conditions and
incentives for investments are in place, the company's director
for the Americas said on Friday.
Read more
could start the second phase of its Incahuasi gas project in
Bolivia as early as 2017 if the right market conditions and
incentives for investments are in place, the company's director
for the Americas said on Friday.
Read more
U.S. refined products calendar spreads rally on Colonial outage
NEW YORK, Sept 16 (Reuters) - U.S. refined product calendar
spreads, particularly the front month October contract's premium
to November contracts, rallied on Friday, continuing a streak of
gains after a leak was found on Colonial Pipeline's main
gasoline line.
Read more
spreads, particularly the front month October contract's premium
to November contracts, rallied on Friday, continuing a streak of
gains after a leak was found on Colonial Pipeline's main
gasoline line.
Read more
UPDATE 1-New York investigating Exxon's accounting practices - WSJ
Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite a steep drop in oil prices, WSJ
reported, citing people familiar with the matter. (http://on.wsj.com/2cKDtWe)
Read more
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite a steep drop in oil prices, WSJ
reported, citing people familiar with the matter. (http://on.wsj.com/2cKDtWe)
Read more
New York investigating Exxon's accounting practices, asset valuations-WSJ
Sept 16 (Reuters) - New York Attorney General Eric
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite the steep drop in oil prices, WSJ
reported, citing people familiar with the matter. (http://on.wsj.com/2cKDtWe)
Read more
Schneiderman is investigating Exxon Mobil Corp's
accounting practices and why the company hasn't written down the
value of its assets despite the steep drop in oil prices, WSJ
reported, citing people familiar with the matter. (http://on.wsj.com/2cKDtWe)
Read more
UPDATE 1-Swedish court upholds Assange warrant, clears way for questioning in Oct
STOCKHOLM, Sept 16 (Reuters) - A Swedish appeals court
decided to uphold the arrest warrant for Wikileaks founder
Julian Assange on Friday, prolonging the six year long legal
stand off with prosecutors and clearing the way for the
Wikileaks founder to be questioned in London next month.
Read more
decided to uphold the arrest warrant for Wikileaks founder
Julian Assange on Friday, prolonging the six year long legal
stand off with prosecutors and clearing the way for the
Wikileaks founder to be questioned in London next month.
Read more
Swedish court upholds Assange arrest warrant
STOCKHOLM, Sept 16 (Reuters) - A Swedish appeals court
decided to uphold the arrest warrant for Wikileaks founder
Julian Assange on Friday, prolonging the six year long legal
stand off between prosecutors and the Wikileaks founder.
Read more
decided to uphold the arrest warrant for Wikileaks founder
Julian Assange on Friday, prolonging the six year long legal
stand off between prosecutors and the Wikileaks founder.
Read more
Japan PM adviser says no gov't plan to invest in Saudi Aramco
TOKYO, Sept 16 (Reuters) - Japan's government has no plan to
invest in state-run oil firm Saudi Aramco's planned initial
public offering, an adviser to Japanese Prime Minister Shinzo
Abe said on Friday.
Read more
invest in state-run oil firm Saudi Aramco's planned initial
public offering, an adviser to Japanese Prime Minister Shinzo
Abe said on Friday.
Read more
Total's venture arm acquires stake in smart grids firm Autogrid
PARIS, Sept 16 (Reuters) - Total Energy Ventures, the
venture capital arm of oil and gas company Total said
on Friday has acquired an interest in Autogrid, a company that
develops solutions to manage and energy supplied to and from
power grids.
Read more
venture capital arm of oil and gas company Total said
on Friday has acquired an interest in Autogrid, a company that
develops solutions to manage and energy supplied to and from
power grids.
Read more
GRAPHIC-Why the US is a major roadblock for oil output freeze
LONDON, Sept 16 (Reuters) - The price of oil has been caught
in one of its most volatile couple of weeks in months after OPEC
and rival Russia hinted they may discuss a possible output
freeze, as demand slows and a global surplus becomes more
entrenched.
Read more
in one of its most volatile couple of weeks in months after OPEC
and rival Russia hinted they may discuss a possible output
freeze, as demand slows and a global surplus becomes more
entrenched.
Read more
UPDATE 1-Oil prices drop on returning Libya, Nigeria supplies
SINGAPORE, Sept 16 (Reuters) - Oil prices fell on Friday on
worries that U.S. rig counts would continue to rise and that
returning Libyan and Nigerian exports would stoke a global
supply glut.
Read more
worries that U.S. rig counts would continue to rise and that
returning Libyan and Nigerian exports would stoke a global
supply glut.
Read more
Thursday, September 15, 2016
Oil prices drop on returning Libya, Nigeria supplies
SINGAPORE, Sept 16 (Reuters) - Oil prices fell on Friday on
worries that U.S. rig counts would continue to rise and that
returning Libyan and Nigerian exports would stoke a global
supply glut.
Read more
worries that U.S. rig counts would continue to rise and that
returning Libyan and Nigerian exports would stoke a global
supply glut.
Read more
UPDATE 1-Brazil's Lula says charges aimed at wrecking his political career
SAO PAULO, Sept 15 (Reuters) - Brazilian former President
Luiz Inacio Lula da Silva on Thursday dismissed corruption
charges against him as a fabrication and said he was being
framed to stop him from running for the presidency in two years
time.
Read more
Luiz Inacio Lula da Silva on Thursday dismissed corruption
charges against him as a fabrication and said he was being
framed to stop him from running for the presidency in two years
time.
Read more
UPDATE 4-Colonial delays gasoline pipeline restart to next week after leak
* Gasoline futures rise, cash prices in NY higher
(Adds states of emergency in Georgia and Alabama)
Read more
(Adds states of emergency in Georgia and Alabama)
Read more
UPDATE 2-Obama joins other world leaders to create new ocean sanctuaries
WASHINGTON, Sept 15 (Reuters) - The United States on
Thursday joined more than 20 countries in creating 40 new marine
sanctuaries around the world to protect oceans from the threat
of climate change and pollution.
Read more
Thursday joined more than 20 countries in creating 40 new marine
sanctuaries around the world to protect oceans from the threat
of climate change and pollution.
Read more
REUTERS SUMMIT-Gazprom wants more than 25 pct of OMV North Sea assets
MOSCOW, Sept 15 (Reuters) - Gazprom wants more
than 25 percent of OMV's Norwegian North Sea holding
company but is being prevented from taking a larger stake by
Norway, the Russian company's deputy told Reuters on Thursday.
Read more
than 25 percent of OMV's Norwegian North Sea holding
company but is being prevented from taking a larger stake by
Norway, the Russian company's deputy told Reuters on Thursday.
Read more
Brazil's Lula says charges aimed at stopping him running again
BRASILIA, Sept 15 (Reuters) - Brazil's former president Luiz
Inacio Lula da Silva said on Thursday he was ready to cooperate
with prosecutors because he had committed no crime and called
charges against him "pure fiction" aimed at stopping him running
again.
Read more
Inacio Lula da Silva said on Thursday he was ready to cooperate
with prosecutors because he had committed no crime and called
charges against him "pure fiction" aimed at stopping him running
again.
Read more
UPDATE 1-Wal-Mart Canada to extend Visa ban to more stores from Oct. 24
Sept 15 (Reuters) - Wal-Mart Canada will stop accepting Visa
Inc cards at its 16 stores in the province of Manitoba
starting Oct. 24, a company spokesman said on Wednesday, raising
the stakes in a high-profile fee dispute.
Read more
Inc cards at its 16 stores in the province of Manitoba
starting Oct. 24, a company spokesman said on Wednesday, raising
the stakes in a high-profile fee dispute.
Read more
UPDATE 1-Dutch parliament orders annual check on Groningen gas production
AMSTERDAM, Sept 15 (Reuters) - The Dutch parliament adopted
a motion on Thursday ordering the government to evaluate every
year whether gas production at the country's Groningen field can
be reduced further.
Read more
a motion on Thursday ordering the government to evaluate every
year whether gas production at the country's Groningen field can
be reduced further.
Read more
UPDATE 2-Chesapeake Energy loses appeal in $438.7 mln bond dispute
NEW YORK, Sept 15 (Reuters) - A federal appeals court on
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
Lundin gets second bid extension on Freeport Congo mine stake
TORONTO, Sept 15 (Reuters) - Canadian base metals miner
Lundin Mining Corp has won a two week extension until
Sept. 29 to bid on Freeport-McMoRan Inc's stake in the
Tenke Fungurume copper and cobalt mine, Lundin said in a
statement on Thursday.
Read more
Lundin Mining Corp has won a two week extension until
Sept. 29 to bid on Freeport-McMoRan Inc's stake in the
Tenke Fungurume copper and cobalt mine, Lundin said in a
statement on Thursday.
Read more
Chesapeake Energy loses appeal in $438.7 mln bond dispute
NEW YORK, Sept 15 (Reuters) - A federal appeals court on
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
CANADA STOCKS-TSX rises as banks and energy stocks gain
TORONTO, Sept 15 (Reuters) - Canada's main stock index rose
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
on Thursday as financials and energy stocks led gains, despite
crude prices turning negative and investors jitters about next
steps for central banks.
Read more
UK says Nigerian's conviction stands despite bribery evidence
LONDON, Sept 15 (Reuters) - Jailed former Nigerian state
governor James Ibori's convictions remain valid despite evidence
a British police officer took bribes during the investigation of
his case, Britain's state prosecution agency said on Thursday.
Read more
governor James Ibori's convictions remain valid despite evidence
a British police officer took bribes during the investigation of
his case, Britain's state prosecution agency said on Thursday.
Read more
CORRECTED-(OFFICIAL)-UPDATE 1-Siemens to invest in Argentine energy, transport
BUENOS AIRES, Sept 14 (Reuters) - German engineering group
Siemens plans to help create projects worth up to 5
billion euros ($5.6 billion) in Argentina after agreeing to
intensify cooperation with Buenos Aires, it said on Thursday.
Read more
Siemens plans to help create projects worth up to 5
billion euros ($5.6 billion) in Argentina after agreeing to
intensify cooperation with Buenos Aires, it said on Thursday.
Read more
REUTERS SUMMIT-Russian power firm InterRAO seeks bigger Turkey role
MOSCOW, Sept 15 (Reuters) - Russian state power company
InterRAO may enhance its presence in Turkey once
relations between Moscow and Ankara are fully restored, a board
member told Reuters Russia Investment Summit.
Read more
InterRAO may enhance its presence in Turkey once
relations between Moscow and Ankara are fully restored, a board
member told Reuters Russia Investment Summit.
Read more
UPDATE 1-Libya's NOC lifts force majeure at eastern ports, exports to resume
BENGHAZI, Libya, Sept 15 (Reuters) - Libya's National Oil
Corporation is lifting force majeure at three ports seized days
earlier by eastern forces, and exports will resume immediately
at two of them, it said on Thursday.
Read more
Corporation is lifting force majeure at three ports seized days
earlier by eastern forces, and exports will resume immediately
at two of them, it said on Thursday.
Read more
RPT-Nigerian oil ceasefire threatened by local anger at military
WARRI, Nigeria, Sept 14 (Reuters) - A truce in the conflict
in Nigeria's oil-producing Niger Delta is in danger of being
derailed by anger at the military over the death of an elderly
local leader.
Read more
in Nigeria's oil-producing Niger Delta is in danger of being
derailed by anger at the military over the death of an elderly
local leader.
Read more
UPDATE 1-Kazakhstan drafts economic outlook based on $35 Brent
ASTANA, Sept 15 (Reuters) - Kazakhstan's economy ministry
has based its medium-term economic outlook on a Brent crude
price of $35 per barrel, it said on Thursday, implying
reduced earnings from oil and gas exports and putting pressure
on the tenge exchange rate.
Read more
has based its medium-term economic outlook on a Brent crude
price of $35 per barrel, it said on Thursday, implying
reduced earnings from oil and gas exports and putting pressure
on the tenge exchange rate.
Read more
UPDATE 1-Danish watchdog asks audit office to investigate DONG Energy IPO
COPENHAGEN, Sept 15 (Reuters) - A Danish political watchdog
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
EnQuest, Delek Group end Kraken oilfield stake sale talks
Sept 15 (Reuters) - Oil producer EnQuest Plc said it
ended talks with Israeli conglomerate Delek Group Ltd
regarding a potential stake sale in an oilfield in the North
Sea.
Read more
ended talks with Israeli conglomerate Delek Group Ltd
regarding a potential stake sale in an oilfield in the North
Sea.
Read more
Ophir says two bidders in the fray for Fortuna contract
Sept 15 (Reuters) - Oil and natural gas producer Ophir
Energy Plc said on Thursday two consortia were bidding
for an engineering contract over the upstream portion of its
Fortuna Floating Liquefied Natural Gas platform (FLNG) in
Equatorial Guinea.
Read more
Energy Plc said on Thursday two consortia were bidding
for an engineering contract over the upstream portion of its
Fortuna Floating Liquefied Natural Gas platform (FLNG) in
Equatorial Guinea.
Read more
Wednesday, September 14, 2016
COLUMN-Australia's natural gas bans risk replicating Springsteen's rust belt: Russell
LAUNCESTON, Australia, Sept 15 (Reuters) - When government
policies are driven by populist politics, it is almost certain
to lead to poor outcomes and a low standard of debate, as shown
by the current conundrum in Australia's natural gas sector.
Read more
policies are driven by populist politics, it is almost certain
to lead to poor outcomes and a low standard of debate, as shown
by the current conundrum in Australia's natural gas sector.
Read more
Kazakhstan drafts macro outlook based on $35 Brent
ASTANA, Sept 15 (Reuters) - Kazakhstan's economy ministry
has based its medium-term economic outlook on a Brent crude
price of $35 per barrel, it said on Thursday, implying
reduced earnings from oil and gas exports and putting pressure
on the tenge exchange rate.
Read more
has based its medium-term economic outlook on a Brent crude
price of $35 per barrel, it said on Thursday, implying
reduced earnings from oil and gas exports and putting pressure
on the tenge exchange rate.
Read more
McDonald's gets final bids for N.Asia stores -sources
HONG KONG, Sept 15 (Reuters) - Fast-food giant McDonald's
Corp has received final offers from at least three
bidding groups for its China and Hong Kong outlets, with global
private equity firms Carlyle Group and TPG Capital
teaming up with Chinese partners for the business worth up to $3
billion, sources told Reuters.
Read more
Corp has received final offers from at least three
bidding groups for its China and Hong Kong outlets, with global
private equity firms Carlyle Group and TPG Capital
teaming up with Chinese partners for the business worth up to $3
billion, sources told Reuters.
Read more
UPDATE 2-Typhoon cuts power as it slams into China, but loses strength
BEIJING, Sept 15 (Reuters) - Typhoon Meranti slammed into
southeastern China on Thursday, bringing strong winds and
lashing rain and cutting power in what state media said was the
strongest storm of the year globally, but there were no
immediate reports of casualties.
Read more
southeastern China on Thursday, bringing strong winds and
lashing rain and cutting power in what state media said was the
strongest storm of the year globally, but there were no
immediate reports of casualties.
Read more
Typhoon cuts power as it slams into China, but losing strength
BEIJING, Sept 15 (Reuters) - Typhoon Meranti slammed into
southeastern China on Thursday, bringing strong winds and
lashing rain and cutting power, but there were no immediate
reports of casualties.
Read more
southeastern China on Thursday, bringing strong winds and
lashing rain and cutting power, but there were no immediate
reports of casualties.
Read more
UPDATE 1-Siemens to invest 5 bln euros in Argentine energy, transport
BUENOS AIRES, Sept 14 (Reuters) - German engineering group
Siemens will invest 5 billion euros in
infrastructure, mobility and energy management in Argentina in
coming years, creating some 3,000 jobs, CEO Joe Kaeser said on
Wednesday.
Read more
Siemens will invest 5 billion euros in
infrastructure, mobility and energy management in Argentina in
coming years, creating some 3,000 jobs, CEO Joe Kaeser said on
Wednesday.
Read more
UPDATE 1-U.S. senator blasts Suu Kyi's "dismissive" reaction on trafficking
WASHINGTON, Sept 14 (Reuters) - A U.S. senator said on
Wednesday that he was "somewhat appalled" by Aung San Suu Kyi's
reaction to her country's record on human trafficking,
underscoring concerns about human rights that are shadowing the
Myanmar leader's visit to Washington.
Read more
Wednesday that he was "somewhat appalled" by Aung San Suu Kyi's
reaction to her country's record on human trafficking,
underscoring concerns about human rights that are shadowing the
Myanmar leader's visit to Washington.
Read more
UPDATE 2-Colonial expects full restart of gasoline line by weekend after 6,000 bbl leak
NEW YORK, Sept 14 (Reuters) - Colonial Pipeline Co, the
largest refined products system in the United States, on
Wednesday increased its estimate of a gasoline leak in Alabama
by about six times, but maintained it would restart the affected
line completely by the weekend.
Read more
largest refined products system in the United States, on
Wednesday increased its estimate of a gasoline leak in Alabama
by about six times, but maintained it would restart the affected
line completely by the weekend.
Read more
UPDATE 1-AU plans to send observers to Gabon election appeal
LIBREVILLE, Sept 14 (Reuters) - The African Union says it
plans to send observers to help Gabon's Constitutional Court
with a legal complaint lodged by opposition leader Jean Ping,
who accuses President Ali Bongo of cheating to secure victory in
an election last month.
Read more
plans to send observers to help Gabon's Constitutional Court
with a legal complaint lodged by opposition leader Jean Ping,
who accuses President Ali Bongo of cheating to secure victory in
an election last month.
Read more
'Deepwater Horizon' makers say authenticity a priority for film
TORONTO, Sept 14 (Reuters) - A top priority for a new movie
about the deadly 2010 Gulf of Mexico oil spill was ensuring it
accurately depicted the disaster that killed 11 workers, its
director and main actor said.
Read more
about the deadly 2010 Gulf of Mexico oil spill was ensuring it
accurately depicted the disaster that killed 11 workers, its
director and main actor said.
Read more
UPDATE 1-Alberta says will support 5,000 MW of new renewable energy capacity
Sept 14 (Reuters) - The Canadian crude-producing province of
Alberta said on Tuesday it will support the creation of 5,000
megawatts of additional renewable energy capacity by 2030 to
help achieve goals laid out in its climate plan last year.
Read more
Alberta said on Tuesday it will support the creation of 5,000
megawatts of additional renewable energy capacity by 2030 to
help achieve goals laid out in its climate plan last year.
Read more
UPDATE 1-Brazil's Lula and wife charged with corruption -Globo TV
CURITIBA, Brazil, Sept 14 (Reuters) - Brazilian prosecutors
filed corruption charges on Wednesday against former President
Luiz Inacio Lula da Silva, his wife and six others in the
sprawling Petrobras kickback scandal.
Read more
filed corruption charges on Wednesday against former President
Luiz Inacio Lula da Silva, his wife and six others in the
sprawling Petrobras kickback scandal.
Read more
CORRECTED-Danish watchdog asks audit office to investigate DONG Energy IPO
COPENHAGEN, Sept 14 (Reuters) - A Danish political watchdog
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
on Wednesday asked the national audit office to investigate the
role of key parties involved in the share market flotation of
offshore wind farm developer DONG Energy.
Read more
UPDATE 1-U.S. crude stocks unexpectedly slip, lost barrels fail to show up -EIA
Sept 14 (Reuters) - U.S. crude oil stocks fell last week,
confounding expectations that inventories would rise to make up
for the previous week's drawdown, which was the biggest in 15
years, data from the U.S. Energy Information Administration
showed on Wednesday.
Read more
confounding expectations that inventories would rise to make up
for the previous week's drawdown, which was the biggest in 15
years, data from the U.S. Energy Information Administration
showed on Wednesday.
Read more
As decision time approaches, UK PM May mulls Hinkley options
LONDON/PARIS, Sept 14 (Reuters) - Theresa May could announce
as soon as Thursday whether Britain will go ahead with a $24
billion nuclear power project, laying down a marker on energy
policy and her approach to investment from China.
Read more
as soon as Thursday whether Britain will go ahead with a $24
billion nuclear power project, laying down a marker on energy
policy and her approach to investment from China.
Read more
UPDATE 1-UK, Argentina agree joint steps on Falklands in win for diplomacy
LONDON, Sept 14 (Reuters) - Britain and Argentina have
agreed to work together towards removing measures restricting
the oil and gas, shipping and fishing industries around the
disputed Falkland Islands, both countries said on Wednesday.
Read more
agreed to work together towards removing measures restricting
the oil and gas, shipping and fishing industries around the
disputed Falkland Islands, both countries said on Wednesday.
Read more
EU's Juncker proposes to double investment fund to create jobs
STRASBOURG, Sept 14 (Reuters) - The president of the
European Commission proposed on Wednesday to double the capacity
of an investment fund for boosting EU growth and jobs, while
launching a new scheme to help countries at the source of huge
migrant flows to Europe.
Read more
European Commission proposed on Wednesday to double the capacity
of an investment fund for boosting EU growth and jobs, while
launching a new scheme to help countries at the source of huge
migrant flows to Europe.
Read more
UPDATE 1-Turkmenistan removes legal barrier to leader's indefinite rule
ASHGABAT, Sept 14 (Reuters) - Turkmenistan amended its
constitution on Wednesday in a way that will allow President
Kurbanguly Berdymukhamedov to stay in power indefinitely,
following in the footsteps of his predecessor, who ruled the
gas-rich Central Asian nation until his death.
Read more
constitution on Wednesday in a way that will allow President
Kurbanguly Berdymukhamedov to stay in power indefinitely,
following in the footsteps of his predecessor, who ruled the
gas-rich Central Asian nation until his death.
Read more
UPDATE 1-Kazakhstan says awaiting answers from oil firms in Karachaganak dispute
ASTANA, Sept 14 (Reuters) - Kazakhstan's government and
energy companies developing the Karachaganak gas condensate
field are still in talks about the Central Asian nation's
financial claim against the consortium, Kazakhstan's deputy
energy minister said on Wednesday.
Read more
energy companies developing the Karachaganak gas condensate
field are still in talks about the Central Asian nation's
financial claim against the consortium, Kazakhstan's deputy
energy minister said on Wednesday.
Read more
Australia shares snap 4 days of losses as banks firm; NZ down
Sept 14 (Reuters) - Australian shares recovered from
four-straight sessions of losses on Wednesday, boosted by
financial stocks, as expectations rose of the country's 30-year
bond debut drawing strong demand.
Read more
four-straight sessions of losses on Wednesday, boosted by
financial stocks, as expectations rose of the country's 30-year
bond debut drawing strong demand.
Read more
Tuesday, September 13, 2016
UPDATE 1-Singapore's Marco Polo Marine seeks to delay bond payment
* Adjourns noteholder meeting to Sept 16
(Adds meeting adjourned, industry context and share move)
Read more
(Adds meeting adjourned, industry context and share move)
Read more
UPDATE 1-Tropical storm warning issued as Julia threatens northeast Florida
Sept 13 (Reuters) - Tropical Storm Julia, the tenth of the
season, has formed along the coast of northeast Florida, the
National Hurricane Center said on Tuesday.
Read more
season, has formed along the coast of northeast Florida, the
National Hurricane Center said on Tuesday.
Read more
COLUMN-China's steel failure, coal success show prices trump bureaucracy: Russell
LAUNCESTON, Australia, Sept 14 (Reuters) - China's steel and
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
coal sectors provide contrasting stories so far this year, with
one failing miserably to curb output and the other cutting so
successfully it's led to the unintended consequence of higher
prices and imports.
Read more
Schools shut, flights cancelled as Super Typhoon Meranti hits Taiwan
TAIPEI, Sept 14 (Reuters) - Tens of thousands of homes lost
power across Taiwan on Wednesday as Super Typhoon Meranti hit
the island, a storm seen as the strongest in the world so far
this year, forcing schools and businesses to close and flights
to be cancelled.
Read more
power across Taiwan on Wednesday as Super Typhoon Meranti hit
the island, a storm seen as the strongest in the world so far
this year, forcing schools and businesses to close and flights
to be cancelled.
Read more
CORRECTED-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
CORRECTED-UPDATE 4-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time."
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time."
Read more
RPT-UPDATE 3-Hanjin Shipping secures $45 mln, more may take "considerable time"
SEOUL/SYDNEY, Sept 13 (Reuters) - The chairman of Hanjin
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
Group transferred 40 billion won ($36 million) to Hanjin
Shipping on Tuesday to help unload cargo stranded on
the troubled shipper's vessels, a spokesman said, but regulators
warned securing further funds could take "considerable time".
Read more
UPDATE 1-Libya's NOC to 'begin work immediately to restart exports' from seized ports
TUNIS, Sept 13 (Reuters) - Libya's National Oil Corporation
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.
Read more
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.
Read more
Libya's NOC to "begin work immediately to restart exports" from seized ports
TUNIS, Sept 13 (Reuters) - Libya's National Oil Corporation
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.
Read more
(NOC) said on Tuesday it would immediately start working to
resume crude exports from ports seized in recent days by forces
loyal to eastern commander Khalifa Haftar.
Read more
UPDATE 3-Venezuela's PDVSA offers $7 bln bond swap to ease debt burden
MEXICO CITY/CARACAS, Sept 13 (Reuters) - Venezuela's state
oil company PDVSA on Tuesday proposed a bond swap for $7 billion
in outstanding debt to lower the financial burden on the
cash-strapped company, which is at the center of the OPEC
nation's unraveling socialist economy.
Read more
oil company PDVSA on Tuesday proposed a bond swap for $7 billion
in outstanding debt to lower the financial burden on the
cash-strapped company, which is at the center of the OPEC
nation's unraveling socialist economy.
Read more
U.S. judge denies Vivint request to advance SunEdison litigation
Sept 13 (Reuters) - A U.S. bankruptcy court judge on Tuesday
denied Vivint Solar Inc's request to advance its
lawsuit against bankrupt renewable energy developer SunEdison
Inc stemming from a failed merger.
Read more
denied Vivint Solar Inc's request to advance its
lawsuit against bankrupt renewable energy developer SunEdison
Inc stemming from a failed merger.
Read more
UPDATE 1-Protesters slam N. Dakota pipeline but company 'committed'
ATLANTA, Sept 13 (Reuters) - Holding signs and banners and
chanting "Oil Kills," protesters in Atlanta on Tuesday shouted
support for Native American activists trying to stop
construction of a North Dakota pipeline they say will desecrate
sacred land and pollute water.
Read more
chanting "Oil Kills," protesters in Atlanta on Tuesday shouted
support for Native American activists trying to stop
construction of a North Dakota pipeline they say will desecrate
sacred land and pollute water.
Read more
UPDATE 1-Nigeria's Arik Air temporarily suspends operations
ABUJA, Sept 13 (Reuters) - Arik Air, Nigeria's largest
airline, cancelled all of its flights on Tuesday in what it
called a temporary disruption related to insurance renewal, it
said in a statement on Tuesday.
Read more
airline, cancelled all of its flights on Tuesday in what it
called a temporary disruption related to insurance renewal, it
said in a statement on Tuesday.
Read more
UPDATE 1-TD Bank to buy U.S. broker-dealer Albert Fried
TORONTO, Sept 13 (Reuters) - Canadian lender
Toronto-Dominion Bank's capital markets division said on
Tuesday it plans to acquire Albert Fried & Co, a New York-based
broker-dealer, to expand its presence in the U.S. prime
brokerage sector.
Read more
Toronto-Dominion Bank's capital markets division said on
Tuesday it plans to acquire Albert Fried & Co, a New York-based
broker-dealer, to expand its presence in the U.S. prime
brokerage sector.
Read more
Energy Transfer committed to building North Dakota pipeline-letter
NEW YORK, Sept 13 (Reuters) - The company building a
pipeline to transport oil from North Dakota to the U.S. Gulf
Coast said on Tuesday it remained committed to completing
construction even after the U.S. Justice Department blocked the
project while Native Americans and other protesters geared up
for another day of demonstrations.
Read more
pipeline to transport oil from North Dakota to the U.S. Gulf
Coast said on Tuesday it remained committed to completing
construction even after the U.S. Justice Department blocked the
project while Native Americans and other protesters geared up
for another day of demonstrations.
Read more
UPDATE 5-Oil tumbles 3 pct after both IEA, OPEC see glut persisting
NEW YORK, Sept 13 (Reuters) - Oil prices fell as much as 3
percent on Tuesday after both the world's consumers and
producers revised forecasts that signalled the global crude
glut persisting for much longer than previously expected.
Read more
percent on Tuesday after both the world's consumers and
producers revised forecasts that signalled the global crude
glut persisting for much longer than previously expected.
Read more
France's Alstom says in talks with government on Belfort plant
PARIS, Sept 13 (Reuters) - Alstom, the French
maker of TGV trains, said on Tuesday it was in discussions with
the government over its controversial plan to close a plant in
eastern France and would take no action until the talks had
ended.
Read more
maker of TGV trains, said on Tuesday it was in discussions with
the government over its controversial plan to close a plant in
eastern France and would take no action until the talks had
ended.
Read more
Italy ready to open hospital in Libya, deploy 300 soldiers and staff
ROME, Sept 13 (Reuters) - Italy is ready to set up a
military hospital and deploy medics, soldiers and support staff
in Libya at the request of the United Nations-recognised
government in Tripoli, Defence Minister Roberta Pinotti said on
Tuesday.
Read more
military hospital and deploy medics, soldiers and support staff
in Libya at the request of the United Nations-recognised
government in Tripoli, Defence Minister Roberta Pinotti said on
Tuesday.
Read more
Eni acknowledges risk management at Arctic field needs improving
OSLO, Sept 13 (Reuters) - Italian oil company Eni
acknowledged its staff needed a better grasp of the potential
risks at its Goliat field in Norway's Arctic waters more than a
month before a power failure that halted production.
Read more
acknowledged its staff needed a better grasp of the potential
risks at its Goliat field in Norway's Arctic waters more than a
month before a power failure that halted production.
Read more
Icahn endorses Freeport's efforts to reduce debt, explore options
Sept 13 (Reuters) - Activist investor Carl Icahn, the
third-largest shareholder in Freeport McMoran Inc, said
on Tuesday he endorsed the U.S. miner's efforts to reduce debt
and explore strategic alternatives.
Read more
third-largest shareholder in Freeport McMoran Inc, said
on Tuesday he endorsed the U.S. miner's efforts to reduce debt
and explore strategic alternatives.
Read more
Russian economy ministry submits Rosneft's privatisation proposals to govt -Ifax
MOSCOW, Sept 13 (Reuters) - Russia's Economy Ministry has
submitted to the government its proposals on the privatisation
of a stake in the nation's largest oil producer Rosneft
, Interfax news agency cited a ministry official as
saying on Tuesday.
Read more
submitted to the government its proposals on the privatisation
of a stake in the nation's largest oil producer Rosneft
, Interfax news agency cited a ministry official as
saying on Tuesday.
Read more
Gazprom executive Karen Karapetyan named as Armenian PM
YEREVAN, Sept 13 (Reuters) - Energy executive Karen
Karapetyan was named prime minister of Armenia on Tuesday, a
week after the abrupt resignation of his predecessor.
Read more
Karapetyan was named prime minister of Armenia on Tuesday, a
week after the abrupt resignation of his predecessor.
Read more
RPT-COLUMN-Coking coal bubble to deflate, unlikely to burst: Russell
LAUNCESTON, Australia, Sept 13 (Reuters) - When the price of
a commodity rises by 117 percent in a mere 15 weeks, it's
generally a sign that something is amiss in the market, and
coking coal's recent stellar run is no exception to this rule.
Read more
a commodity rises by 117 percent in a mere 15 weeks, it's
generally a sign that something is amiss in the market, and
coking coal's recent stellar run is no exception to this rule.
Read more
UPDATE 1-Dutch see demand for Groningen gas down sharply from 2020
AMSTERDAM, Sept 13 (Reuters) - Demand for gas from Groningen
will "fall sharply from 2020" as production at the northern
Dutch field is reduced, Economy Minister Henk Kamp said in a
letter to parliament released on Tuesday.
Read more
will "fall sharply from 2020" as production at the northern
Dutch field is reduced, Economy Minister Henk Kamp said in a
letter to parliament released on Tuesday.
Read more
UPDATE 1-Alstom and French government clash over future of Belfort plant
PARIS, Sept 13 (Reuters) - Alstom will go ahead with plans
to shut down manufacturing at its Belfort plant in eastern
France, its CEO said on Tuesday in a memo seen by Reuters,
setting up a confrontation with President Francois Hollande who
vowed "everything will be done" to prevent that.
Read more
to shut down manufacturing at its Belfort plant in eastern
France, its CEO said on Tuesday in a memo seen by Reuters,
setting up a confrontation with President Francois Hollande who
vowed "everything will be done" to prevent that.
Read more
CORRECTED-UPDATE 1-Korea's KEPCO in talks to buy into UK nuclear project NuGen - source
PARIS/LONDON, Sept 12 (Reuters) - South Korean power utility
KEPCO is in talks with Japan's Toshiba and France's
Engie about buying a stake in the Toshiba-Engie British nuclear
joint venture NuGen, a source familiar with the situation told
Reuters on Monday.
Read more
KEPCO is in talks with Japan's Toshiba and France's
Engie about buying a stake in the Toshiba-Engie British nuclear
joint venture NuGen, a source familiar with the situation told
Reuters on Monday.
Read more
Demand for Groningen gas will fall "sharply" from 2020 - Dutch govt. minister
AMSTERDAM, Sept 13 (Reuters) - Demand for gas from Groningen
will "fall sharply from 2020" as production at the northern
Dutch field is reduced, Economy Minister Henk Kamp said in a
letter to parliament released on Tuesday.
Read more
will "fall sharply from 2020" as production at the northern
Dutch field is reduced, Economy Minister Henk Kamp said in a
letter to parliament released on Tuesday.
Read more
UPDATE 2-Hanjin Shipping secures $45 mln, more may take "considerable time"
* Ship held in Australia, others may face arrest - sources
(Adds ex-chairwoman's funds, estimated cost for cargo
unloading, vessel status, related story link)
Read more
(Adds ex-chairwoman's funds, estimated cost for cargo
unloading, vessel status, related story link)
Read more
Taiwan's commodities companies brace for another super typhoon
SINGAPORE/MELBOURNE, Sept 13 (Reuters) - Taiwan's
commodities industry was preparing on Tuesday for heavy wind and
flooding as Typhoon Meranti hurtled towards the south of the
island, threatening to disrupt grain and oil shipments from its
major port and a lead refinery.
Read more
commodities industry was preparing on Tuesday for heavy wind and
flooding as Typhoon Meranti hurtled towards the south of the
island, threatening to disrupt grain and oil shipments from its
major port and a lead refinery.
Read more
Amid strains, Qatar urges Iran, Gulf Arabs to be good neighbours
DUBAI, Sept 13 (Reuters) - Qatar's Emir called for good
neighbourly relations between Gulf Arabs and Iran in a telephone
call with Iranian President Hassan Rouhani, Qatar media
reported, amid fresh strains between regional rivals Saudi
Arabia and Iran over the haj pilgrimage.
Read more
neighbourly relations between Gulf Arabs and Iran in a telephone
call with Iranian President Hassan Rouhani, Qatar media
reported, amid fresh strains between regional rivals Saudi
Arabia and Iran over the haj pilgrimage.
Read more
Monday, September 12, 2016
RPT-Libyan commander's seizure of oil ports risks new conflict
TUNIS/BENGHAZI, Libya, Sept 12 (Reuters) - Libyan forces
loyal to eastern commander Khalifa Haftar said on Monday they
had tightened their control over four major oil ports, casting a
Western-backed project to unite Libya and revive oil exports
into deep uncertainty.
Read more
loyal to eastern commander Khalifa Haftar said on Monday they
had tightened their control over four major oil ports, casting a
Western-backed project to unite Libya and revive oil exports
into deep uncertainty.
Read more
UPDATE 1-China Aug crude oil output drops nearly 10 pct to more than 6-yr low
* Sinopec to open new reserves if oil holds at $45-$50
-chairman
(Adds details on crude output decline, crude runs and natural
gas output)
Read more
-chairman
(Adds details on crude output decline, crude runs and natural
gas output)
Read more
China CEFC acquires stake in Chad oil blocks from Taiwan's CPC
SHANGHAI, Sept 13 (Reuters) - Privately run CEFC China
Energy has agreed to acquire a 35 percent stake in oil blocks in
Chad from Taiwan's state-owned Chinese Petroleum Corp for about
$110 million, according to CEFC company executives.
Read more
Energy has agreed to acquire a 35 percent stake in oil blocks in
Chad from Taiwan's state-owned Chinese Petroleum Corp for about
$110 million, according to CEFC company executives.
Read more
China August crude oil output drops nearly 10 pct to 6-yr low
BEIJING, Sept 13 (Reuters) - China's crude oil output fell
9.9 percent in August from the year before to 16.45 million
tonnes (3.87 million barrels per day), the statistic bureau said
on its website on Tuesday.
Read more
9.9 percent in August from the year before to 16.45 million
tonnes (3.87 million barrels per day), the statistic bureau said
on its website on Tuesday.
Read more
UPDATE1-China's August coal output falls 11 pct on capacity cuts
BEIJING, Sept 13 (Reuters) - China's coal output fell 11
percent in August to 278 million tonnes as producers respond to
government efforts to cut overcapacity, although the pace of
monthly declines has eased.
Read more
percent in August to 278 million tonnes as producers respond to
government efforts to cut overcapacity, although the pace of
monthly declines has eased.
Read more
China says should maintain S.China Sea peace with Vietnam
BEIJING, Sept 13 (Reuters) - China and Vietnam should work
together to maintain peace and stability in the South China Sea
and manage and control disputes, Chinese Premier Li Keqiang told
Vietnamese Prime Minister Nguyen Xuan Phuc.
Read more
together to maintain peace and stability in the South China Sea
and manage and control disputes, Chinese Premier Li Keqiang told
Vietnamese Prime Minister Nguyen Xuan Phuc.
Read more
China Aug coal output drops 11 pct -stats bureau
BEIJING, Sept 13 (Reuters) - China produced 278 million
tonnes of coal in August, down 11 percent from a year ago, as
producers responded to Beijing's clampdown on overcapacity,
government data showed on Tuesday.
Read more
tonnes of coal in August, down 11 percent from a year ago, as
producers responded to Beijing's clampdown on overcapacity,
government data showed on Tuesday.
Read more
RPT--COLUMN-Hedge funds temper bullishness on oil: Kemp
LONDON, Sept 12 (Reuters) - Hedge funds tempered their
bullishness towards the entire petroleum complex during the
first week of September, according to positioning data from
regulators and exchanges.
Read more
bullishness towards the entire petroleum complex during the
first week of September, according to positioning data from
regulators and exchanges.
Read more
UPDATE 1-Western powers call on Libyan forces that seized ports to withdraw
TUNIS, Sept 12 (Reuters) - The United States and five
European powers on Monday urged forces loyal to eastern Libyan
commander Khalifa Haftar to withdraw from several key oil ports
seized from a rival force over the weekend.
Read more
European powers on Monday urged forces loyal to eastern Libyan
commander Khalifa Haftar to withdraw from several key oil ports
seized from a rival force over the weekend.
Read more
NRG Energy wins auction for SunEdison wind and solar projects
CHICAGO, Sept 12 (Reuters) - Houston-based NRG Energy Inc
has won the auction for bankrupt renewable power plant
developer SunEdison Inc 's wind and solar projects in
Texas and other states with a $144 million bid, according to a
court filing.
Read more
has won the auction for bankrupt renewable power plant
developer SunEdison Inc 's wind and solar projects in
Texas and other states with a $144 million bid, according to a
court filing.
Read more
Western powers call on Libyan forces that seized ports to withdraw
TUNIS, Sept 12 (Reuters) - The United States and five
European powers called on Monday on forces loyal to eastern
Libyan commander Khalifa Haftar to withdraw from several key oil
ports seized from a rival force over the weekend.
Read more
European powers called on Monday on forces loyal to eastern
Libyan commander Khalifa Haftar to withdraw from several key oil
ports seized from a rival force over the weekend.
Read more
Marathon Galveston bay contractor's body recovered -local media
HOUSTON, Sept 12 (Reuters) - The body of a contractor who
fell into the port of Texas City, Texas when scaffodling
collapsed at the Marathon Petroleum Corp refinery dock
was recovered on Monday afternoon, according to KTRK-TV in
Houston.
(Reporting by Erwin Seba; Editing by Cynthia Osterman)
Read more
fell into the port of Texas City, Texas when scaffodling
collapsed at the Marathon Petroleum Corp refinery dock
was recovered on Monday afternoon, according to KTRK-TV in
Houston.
(Reporting by Erwin Seba; Editing by Cynthia Osterman)
Read more
UPDATE 1-Jobless recovery looms for white-collar US oil workers
SPRING, Texas, Sept 12 (Reuters) - Elizabeth Huber lost her
job examining damaged oilfield pipes nearly 20 months ago and
her prospects remain bleak even as oil executives cautiously
plot production and budget increases.
Read more
job examining damaged oilfield pipes nearly 20 months ago and
her prospects remain bleak even as oil executives cautiously
plot production and budget increases.
Read more
UPDATE 1-Freeport to sell U.S. Gulf assets to Anadarko for $2 bln
Sept 12 (Reuters) - Freeport McMoRan Inc agreed to
sell its deepwater Gulf of Mexico assets to Anadarko Petroleum
Corp for $2 billion as it looks to cut its heavy debt
load.
Read more
sell its deepwater Gulf of Mexico assets to Anadarko Petroleum
Corp for $2 billion as it looks to cut its heavy debt
load.
Read more
Anadarko to buy Freeport's U.S. Gulf assets for $2 billion
Sept 12 (Reuters) - Anadarko Petroleum Corp said it
agreed to buy deepwater Gulf of Mexico assets of Freeport
McMoRan Inc's oil and gas unit for $2 billion.
Read more
agreed to buy deepwater Gulf of Mexico assets of Freeport
McMoRan Inc's oil and gas unit for $2 billion.
Read more
Brazil ratifies Paris deal; joins top polluters U.S., China
BRASILIA/SAO PAULO, Sept 12 (Reuters) - Brazil, one of the
world's largest emitters of heat-trapping gases, on Monday
ratified the Paris agreement to fight global warming, joining
top polluters United States and China and bringing the deal
closer to implementation.
Read more
world's largest emitters of heat-trapping gases, on Monday
ratified the Paris agreement to fight global warming, joining
top polluters United States and China and bringing the deal
closer to implementation.
Read more
Libyan commander's seizure of oil ports risks new conflict
TUNIS/BENGHAZI, Libya, Sept 12 (Reuters) - Libyan forces
loyal to eastern commander Khalifa Haftar said on Monday they
had tightened their control over four major oil ports, casting a
Western-backed project to unite Libya and revive oil exports
into deep uncertainty.
Read more
loyal to eastern commander Khalifa Haftar said on Monday they
had tightened their control over four major oil ports, casting a
Western-backed project to unite Libya and revive oil exports
into deep uncertainty.
Read more
EU to slash funds to Eastern Europe to step up migration budget
BRUSSELS, Sept 12 (Reuters) - European Union countries
agreed on Monday to slash funds from next year's EU budget to
poor regions of the bloc, mostly in the east, while increasing
spending to manage migration flows and spur growth.
Read more
agreed on Monday to slash funds from next year's EU budget to
poor regions of the bloc, mostly in the east, while increasing
spending to manage migration flows and spur growth.
Read more
Four South Korea nuclear reactors suspended due to earthquakes
SEOUL, Sept 13 (Reuters) - South Korea's nuclear operator
said early on Tuesday it suspended operation of four reactors at
a nuclear power complex as a precaution late on Monday after two
earthquakes struck the country's southeast.
Read more
said early on Tuesday it suspended operation of four reactors at
a nuclear power complex as a precaution late on Monday after two
earthquakes struck the country's southeast.
Read more
Vattenfall wins Danish wind farm tender, but project still in doubt
COPENHAGEN, Sept 12 (Reuters) - Swedish utility Vattenfall
won a tender on Monday to build two offshore wind
farms for Denmark, but could yet have the project pulled by a
government worried about the cost of renewable energy subsidies.
Read more
won a tender on Monday to build two offshore wind
farms for Denmark, but could yet have the project pulled by a
government worried about the cost of renewable energy subsidies.
Read more
Total halts some units at Gonfreville refinery following incident
PARIS, Sept 12 (Reuters) - French oil and gas company Total
has shut down some units at its 247,000
barrels-per-day Gonfreville refinery in northern France
following a technical incident, a spokesman said on Monday.
Read more
has shut down some units at its 247,000
barrels-per-day Gonfreville refinery in northern France
following a technical incident, a spokesman said on Monday.
Read more
UPDATE 3-Potash Corp, Agrium to merge to create $36 bln company
Sept 12 (Reuters) - Canada's Agrium Inc and Potash
Corp of Saskatchewan Inc agreed to combine in a deal
that would create a fertilizer giant with an enterprise value of
about $36 billion but also draw scrutiny from U.S. regulators.
Read more
Corp of Saskatchewan Inc agreed to combine in a deal
that would create a fertilizer giant with an enterprise value of
about $36 billion but also draw scrutiny from U.S. regulators.
Read more
COLUMN-Hedge funds temper bullishness on oil: Kemp
LONDON, Sept 12 (Reuters) - Hedge funds tempered their
bullishness towards the entire petroleum complex during the
first week of September, according to positioning data from
regulators and exchanges.
Read more
bullishness towards the entire petroleum complex during the
first week of September, according to positioning data from
regulators and exchanges.
Read more
Korea's KEPCO in talks with Toshiba, Engie to buy stake in NuGen -source
PARIS, Sept 12 (Reuters) - South Korean power utility Kepco
in talks with Japan's Toshiba and France's Engie
about buying a stake in the Toshiba-Engie British nuclear joint
venture NuGen, a source familiar with the situation told Reuters
on Monday.
Read more
in talks with Japan's Toshiba and France's Engie
about buying a stake in the Toshiba-Engie British nuclear joint
venture NuGen, a source familiar with the situation told Reuters
on Monday.
Read more
UPDATE 2-Uniper's $4.4 bln listing unveils huge valuation gap
* Flotation comes ahead of listing of RWE's Innogy
(Recasts, adds analyst comment, details on volume)
Read more
(Recasts, adds analyst comment, details on volume)
Read more
French port workers to join strike against labour reform - union
PARIS, Sept 12 (Reuters) - French CGT trade union port
workers will join a nationwide strike against French labour
reforms on Sept. 15, the union said on Monday, a move that could
disrupt oil, grains and other commodities shipment at French
ports.
Read more
workers will join a nationwide strike against French labour
reforms on Sept. 15, the union said on Monday, a move that could
disrupt oil, grains and other commodities shipment at French
ports.
Read more
Korean power firm KEPCO near joining UK nuclear plant project-FT
LONDON, Sept 12 (Reuters) - State-controlled South Korean
electric power utility KEPCO is closing in on
investing in a 10 billion-pound ($13 billion) project in Britain
to construct a new nuclear power plant near Sellafield,
northwest England, the Financial Times said on Monday, citing
sources close to the negotiations.
Read more
electric power utility KEPCO is closing in on
investing in a 10 billion-pound ($13 billion) project in Britain
to construct a new nuclear power plant near Sellafield,
northwest England, the Financial Times said on Monday, citing
sources close to the negotiations.
Read more
Tokyo Gas imports first LNG from Australia's Gorgon
TOKYO, Sept 12 (Reuters) - Japan's biggest city gas
supplier, Tokyo Gas Co, said it has received its first
liquefied natural gas (LNG) cargo from Chevron Corp's
$54 billion Gorgon export facility in Australia.
Read more
supplier, Tokyo Gas Co, said it has received its first
liquefied natural gas (LNG) cargo from Chevron Corp's
$54 billion Gorgon export facility in Australia.
Read more
Sunday, September 11, 2016
Jobless recovery looms for white-collar US oil workers
SPRING, Texas, Sept 12 (Reuters) - Elizabeth Huber lost her
job inspecting oilfield pipes nearly 20 months ago and her
prospects remain bleak even as oil executives cautiously plot
production and budget increases.
Read more
job inspecting oilfield pipes nearly 20 months ago and her
prospects remain bleak even as oil executives cautiously plot
production and budget increases.
Read more
NHC says 80 pct chance of cyclone near Leeward Islands
Sept 12 (Reuters) - A low pressure system located about 900
miles east-northeast of the northern Leeward Islands has an 80
percent chance of developing into a tropical cyclone in the next
48 hours, the U.S. National Hurricane Center (NHC) said on
Monday.
Read more
miles east-northeast of the northern Leeward Islands has an 80
percent chance of developing into a tropical cyclone in the next
48 hours, the U.S. National Hurricane Center (NHC) said on
Monday.
Read more
Australian coal soars to premium of more than $10 over Europe
SINGAPORE, Sept 12 (Reuters) - A 40-percent rally since June
in prices for Australian thermal coal due to a jump in Chinese
imports has pushed its premium over Europe to more than $10,
offering miners with easy access to the Atlantic and Pacific
basins opportunities for arbitrage.
Read more
in prices for Australian thermal coal due to a jump in Chinese
imports has pushed its premium over Europe to more than $10,
offering miners with easy access to the Atlantic and Pacific
basins opportunities for arbitrage.
Read more
UPDATE 2-Oil prices fall as US drillers add new rigs, speculators cut long positions
* Oil industry has adapted well to low prices -Barclays
(Updates prices; adds bullet points)
Read more
(Updates prices; adds bullet points)
Read more
Syria rebels tell US they back a ceasefire, but voice concerns at deal
BEIRUT, Sept 11 (Reuters) - Syrian rebel groups wrote to the
United States on Sunday, saying they would "cooperate
positively" with a ceasefire but voicing deep concerns over
details of the deal as relayed to them, the text of the letter
as confirmed by two rebel officials said.
Read more
United States on Sunday, saying they would "cooperate
positively" with a ceasefire but voicing deep concerns over
details of the deal as relayed to them, the text of the letter
as confirmed by two rebel officials said.
Read more
Forces loyal to eastern Libyan commander claim control over key oil ports
BENGHAZI, Libya, Sept 11 (Reuters) - Forces loyal to eastern
Libyan commander Khalifa Haftar took control of key oil ports in
Ras Lanuf, Es Sider and Brega on Sunday, said Ahmed al-Masmari,
a spokesman for the forces.
Read more
Libyan commander Khalifa Haftar took control of key oil ports in
Ras Lanuf, Es Sider and Brega on Sunday, said Ahmed al-Masmari,
a spokesman for the forces.
Read more
UPDATE 1-Libyan forces loyal to eastern commander attack oil ports - witness
BENGHAZI, Libya, Sept 11 (Reuters) - Forces loyal to eastern
Libyan commander Khalifa Haftar launched attacks at ports in
Libya's oil crescent on Sunday and clashed with guards who
control the terminals, a guards spokesman and a resident said.
Read more
Libyan commander Khalifa Haftar launched attacks at ports in
Libya's oil crescent on Sunday and clashed with guards who
control the terminals, a guards spokesman and a resident said.
Read more
North Dakota oil pipeline delays could hit producers, shippers
NEW YORK, Sept 11 (Reuters) - With the U.S. government
siding in favor of Native American protests against a key North
Dakota pipeline, local oil producers and shippers are facing the
possibility of greater delays in getting a quick route to ship
oil to the Gulf of Mexico.
Read more
siding in favor of Native American protests against a key North
Dakota pipeline, local oil producers and shippers are facing the
possibility of greater delays in getting a quick route to ship
oil to the Gulf of Mexico.
Read more
Libyan forces loyal to eastern commander attack oil ports - witness
BENGHAZI, Libya, Sept 11 (Reuters) - Forces loyal to eastern
Libyan commander Khalifa Haftar launched attacks at ports in
Libya's oil crescent on Sunday and clashed with guards who
control the terminals, a guards spokesman and a resident said.
Read more
Libyan commander Khalifa Haftar launched attacks at ports in
Libya's oil crescent on Sunday and clashed with guards who
control the terminals, a guards spokesman and a resident said.
Read more
Saturday, September 10, 2016
RPT-COLUMN-US crude stocks plunge as tankers delay arrival on storm warning: Kemp
LONDON, Sept 9 (Reuters) - U.S. crude oil inventories
plunged by more than 14.5 million barrels in the week ending on
Sept. 2, the largest weekly drop since 1999.
Read more
plunged by more than 14.5 million barrels in the week ending on
Sept. 2, the largest weekly drop since 1999.
Read more
Native Americans celebrate pause of N. Dakota pipeline, vow to fight on
CANNON BALL, N.D., Sept 10 (Reuters) - Native Americans
protesting construction of a North Dakota oil pipeline near land
they consider sacred on Saturday quietly celebrated the U.S.
government's decision to pause construction on federally owned
land, and vowed to press for a full halt to the project.
Read more
protesting construction of a North Dakota oil pipeline near land
they consider sacred on Saturday quietly celebrated the U.S.
government's decision to pause construction on federally owned
land, and vowed to press for a full halt to the project.
Read more
Russia says to sign TurkStream pipeline deal with Turkey in October
MOSCOW, Sept 10 (Reuters) - Russia plans to sign an
agreement with Turkey next month on the implementation of the
Turkish Stream gas export pipeline project, Russian Energy
Minister Alexander Novak was quoted as saying on Saturday.
Read more
agreement with Turkey next month on the implementation of the
Turkish Stream gas export pipeline project, Russian Energy
Minister Alexander Novak was quoted as saying on Saturday.
Read more
UPDATE 1-Algeria energy minister sees consensus on need to steady oil price - APS
ALGIERS, Sept 10 (Reuters) - Algeria's energy minister says
there is a consensus among OPEC and non-OPEC members about the
need to stabilise the oil market to support prices, state news
agency APS reported.
Read more
there is a consensus among OPEC and non-OPEC members about the
need to stabilise the oil market to support prices, state news
agency APS reported.
Read more
Algeria energy minister sees consensus on need to steady oil price - APS
ALGIERS, Sept 10 (Reuters) - Algeria's energy minister says
there is a consensus among OPEC and non-OPEC members about the
need to stabilise the oil market, state news agency APS
reported.
Read more
there is a consensus among OPEC and non-OPEC members about the
need to stabilise the oil market, state news agency APS
reported.
Read more
California nears adoption of energy-saving rules for computers
LOS ANGELES, Sept 9 (Reuters) - California regulators moved
a step closer on Friday to the first mandatory U.S. energy
efficiency standards for computers and monitors, gadgets that
account for 3 percent of home electric bills and 7 percent of
commercial power costs in the state.
Read more
a step closer on Friday to the first mandatory U.S. energy
efficiency standards for computers and monitors, gadgets that
account for 3 percent of home electric bills and 7 percent of
commercial power costs in the state.
Read more
Friday, September 9, 2016
Oklahoma judge OKs McClendon land sale, freeing Thunder stake
OKLAHOMA CITY/NEW YORK, Sept 9 (Reuters) - The judge overseeing Aubrey McClendon's estate approved a land deal on Friday that will pay off one of the late energy magnate's major creditors, paving the way for the sale of his stake in professional basketball team the Oklahoma City Thunder.
Read more
Read more
NHC says 70 percent chance of tropical cyclone off Lesser Antilles
Sept 9 (Reuters) - A broad area of low pressure located
about 1,200 miles east of the Lesser Antilles has a 70 percent
chance of developing into a tropical cyclone in the next 48
hours, the U.S. National Hurricane Center (NHC) said on Friday.
Read more
about 1,200 miles east of the Lesser Antilles has a 70 percent
chance of developing into a tropical cyclone in the next 48
hours, the U.S. National Hurricane Center (NHC) said on Friday.
Read more
UPDATE 1-U.S. Marshals Service detains oil vessel in Philadelphia port
NEW YORK, Sept 9 (Reuters) - The U.S. Marshals Service has
blocked a Royal Dutch Shell-chartered vessel carrying up to
600,000 barrels of crude oil headed to the Monroe Energy
refinery outside of Philadelphia from leaving the port in
connection with a civil court order, the federal agency said.
Read more
blocked a Royal Dutch Shell-chartered vessel carrying up to
600,000 barrels of crude oil headed to the Monroe Energy
refinery outside of Philadelphia from leaving the port in
connection with a civil court order, the federal agency said.
Read more
UPDATE 1-SandRidge overcomes shareholder fight to exit bankruptcy
CHICAGO, Sept 9 (Reuters) - SandRidge Energy Inc
won court approval for a plan to exit bankruptcy on Friday,
overcoming opposition from shareholders who had accused the oil
and gas producer of misrepresenting its value.
Read more
won court approval for a plan to exit bankruptcy on Friday,
overcoming opposition from shareholders who had accused the oil
and gas producer of misrepresenting its value.
Read more
UPDATE 3-U.S. government seeks halt to North Dakota oil pipeline
WASHINGTON, Sept 9 (Reuters) - The U.S. government moved on
Friday to halt a controversial oil pipeline project in North
Dakota that has angered Native Americans, blocking construction
on federal land and asking the company behind the project to
suspend work nearby.
Read more
Friday to halt a controversial oil pipeline project in North
Dakota that has angered Native Americans, blocking construction
on federal land and asking the company behind the project to
suspend work nearby.
Read more
U.S. Senate committee chair: Mylan's response on EpiPen price hike 'incomplete'
WASHINGTON, Sept 9 (Reuters) - The chairman of the U.S.
Senate Judiciary Committee probing Mylan NV's EpiPen
price hike on Friday said its response to his query was
"incomplete," and called on the drugmaker to give more details
over how much government health insurance programs pay for the
allergy treatment.
Read more
Senate Judiciary Committee probing Mylan NV's EpiPen
price hike on Friday said its response to his query was
"incomplete," and called on the drugmaker to give more details
over how much government health insurance programs pay for the
allergy treatment.
Read more
U.S. Judge allows North Dakota pipeline construction to proceed
WASHINGTON, Sept 9 (Reuters) - A U.S. judge on Friday
allowed construction to proceed on a crude oil pipeline in North
Dakota, denying a request from Native American tribes to enjoin
the U.S. Army Corps of Engineers to withdraw permits for the
project.
Read more
allowed construction to proceed on a crude oil pipeline in North
Dakota, denying a request from Native American tribes to enjoin
the U.S. Army Corps of Engineers to withdraw permits for the
project.
Read more
N. Dakota oil pipeline ruling expected soon from U.S. judge
WASHINGTON, Sept 9 (Reuters) - A U.S. federal judge is
expected to rule on Friday on whether to halt construction of a
crude oil pipeline in North Dakota that is opposed by Native
Americans who say it would pollute nearby rivers and desecrate
their sacred land.
Read more
expected to rule on Friday on whether to halt construction of a
crude oil pipeline in North Dakota that is opposed by Native
Americans who say it would pollute nearby rivers and desecrate
their sacred land.
Read more
UPDATE 1-U.S. oil drillers add rigs in longest streak in 5 years -Baker Hughes
(Adds February benchmark for oil rig count)
Sept 9 (Reuters) - U.S. drillers this week added oil rigs
for a tenth week in the past 11, according to a closely followed
report on Friday, the longest streak of not cutting rigs since
2011, as the rig count recovered to February levels.
After falling 206 rigs in the first half of the year, the
rig count has increased or held steady every week so far this
quarter. The rig count plunged from a high in October 2014 after
crude prices collapse
Read more
UPDATE 1-Canada implies won't demand regulator alter TransCanada pipeline panel
OTTAWA, Sept 9 (Reuters) - Canada on Friday indicated it
would not press the country's energy regulator to remove members
from a three-person panel looking into TransCanada Corp's
proposed Energy East pipeline despite protests over
their actions.
Read more
would not press the country's energy regulator to remove members
from a three-person panel looking into TransCanada Corp's
proposed Energy East pipeline despite protests over
their actions.
Read more
GLOBAL LNG-Prices edge up as old and new buyers seek spot supplies
MILAN, Sept 9 (Reuters) - Asian liquefied natural gas (LNG)
prices edged up on a crop of fresh tenders expected to add to
already brisk demand from Indian and Middle Eastern importers.
Read more
prices edged up on a crop of fresh tenders expected to add to
already brisk demand from Indian and Middle Eastern importers.
Read more
INVESTMENT FOCUS-The world according to Tina and Gary
LONDON, Sept 9 (Reuters) - A stagnant world economy littered
with political risks has done little to stop stock markets
hitting new highs. For that, you can thank Tina.
Read more
with political risks has done little to stop stock markets
hitting new highs. For that, you can thank Tina.
Read more
CANADA STOCKS-TSX down 1 pct, retreat led by resource stocks
TORONTO, Sept 9 (Reuters) - Canada's main stock index
slumped 1 percent on Friday in a broad retreat led by sharp
losses for resource stocks as oil and gold prices fell, with a
North Korean nuclear blast and hawkish talk from a U.S. Federal
Reserve official weighing.
Read more
slumped 1 percent on Friday in a broad retreat led by sharp
losses for resource stocks as oil and gold prices fell, with a
North Korean nuclear blast and hawkish talk from a U.S. Federal
Reserve official weighing.
Read more
UPDATE 1-Gabon's Ping urges international probe into election violence
LIBREVILLE, Sept 9 (Reuters) - Gabon opposition leader Jean
Ping on Friday called for an international inquiry into violence
that followed the announcement of presidential election results
in which at least six people were killed.
Read more
Ping on Friday called for an international inquiry into violence
that followed the announcement of presidential election results
in which at least six people were killed.
Read more
COLUMN-US crude stocks plunge as tankers delay arrival on storm warning: Kemp
LONDON, Sept 9 (Reuters) - U.S. crude oil inventories
plunged by more than 14.5 million barrels in the week ending on
Sept. 2, the largest weekly drop since 1999.
Read more
plunged by more than 14.5 million barrels in the week ending on
Sept. 2, the largest weekly drop since 1999.
Read more
UPDATE 1-Britain to miss its 2020 renewable energy targets - lawmakers
LONDON, Sept 9 (Reuters) - Britain is set to miss its 2020
European renewable energy targets, a parliamentary committee
report said on Friday, setting a poor example for less wealthy
countries as the world tries to rein in global warming.
Read more
European renewable energy targets, a parliamentary committee
report said on Friday, setting a poor example for less wealthy
countries as the world tries to rein in global warming.
Read more
India's Hindustan Petroleum aims 60 mln T refining capacity by 2030
MUMBAI, Sept 9 (Reuters) - India's third biggest crude oil
refiner, Hindustan Petroleum Corp (HPCL), plans to
expand its refining capacity to more than 60 million tonnes
annually, or about 1.2 million barrels of oil per day by 2030,
according to a senior company official.
Read more
refiner, Hindustan Petroleum Corp (HPCL), plans to
expand its refining capacity to more than 60 million tonnes
annually, or about 1.2 million barrels of oil per day by 2030,
according to a senior company official.
Read more
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