COPENHAGEN, Feb 2 (Reuters) - DONG Energy, the
world's biggest offshore wind farm developer, on Thursday
reported its first full-year net profit since 2011, but will
face tough competition for projects in Europe and the United
States from new players that are pushing down margins.
Read more
Thursday, February 2, 2017
UPDATE 2-ConocoPhillips loss smaller than expected on higher oil price
Feb 2 (Reuters) - ConocoPhillips, the largest U.S.
independent oil producer, reported a smaller-than-expected
quarterly loss on Thursday, helped by higher crude prices and
lower costs.
Read more
independent oil producer, reported a smaller-than-expected
quarterly loss on Thursday, helped by higher crude prices and
lower costs.
Read more
Brazil top court picks newest member to head corruption probes
BRASILIA, Feb 2 (Reuters) - The Supreme Court picked its
newest member on Thursday to take over the investigation of
politicians implicated in Brazil's biggest graft scandal, which
is expected to shake the country's establishment and its
government.
Read more
newest member on Thursday to take over the investigation of
politicians implicated in Brazil's biggest graft scandal, which
is expected to shake the country's establishment and its
government.
Read more
Saudi Aramco examines Berri oilfield oil, gas expansion -sources
KHOBAR, Saudi Arabia, Feb 2 (Reuters) - State oil giant
Saudi Aramco is considering expanding its oil and gas production
from the Berri offshore oilfield, industry sources told Reuters.
Read more
Saudi Aramco is considering expanding its oil and gas production
from the Berri offshore oilfield, industry sources told Reuters.
Read more
Crackdown on bush refineries unsettles Nigeria's oil heartland
OGONILAND, Nigeria, Feb 2 (Reuters) - Listening for the
engines of navy boats hunting illegal refineries in the swamps
of Nigeria's Niger Delta, workers heat up crude oil in a tank
next to a waterway.
Read more
engines of navy boats hunting illegal refineries in the swamps
of Nigeria's Niger Delta, workers heat up crude oil in a tank
next to a waterway.
Read more
UPDATE 3-Shell nears another $5 bln in sales to ease debt load
* Renewable energy spending capped at below $1 bln
(Recasts, adds details, CFO, CEO, investor quotes, updates
shares)
Read more
(Recasts, adds details, CFO, CEO, investor quotes, updates
shares)
Read more
ConocoPhillips reports smaller quarterly loss
Feb 2 (Reuters) - ConocoPhillips, the largest U.S.
independent oil producer, posted a much smaller quarterly loss
from a year earlier, when it recorded a $2.7 billion charge.
Read more
independent oil producer, posted a much smaller quarterly loss
from a year earlier, when it recorded a $2.7 billion charge.
Read more
Saudi Aramco likely to list on multiple exchanges at same time -minister
RIYADH, Feb 2 (Reuters) - Saudi Aramco is likely to list its
shares simultaneously on more than one exchange but this is
still under evaluation, Energy Minister Khalid al-Falih said on
Thursday.
Read more
shares simultaneously on more than one exchange but this is
still under evaluation, Energy Minister Khalid al-Falih said on
Thursday.
Read more
Britain's FTSE flat as sterling strength outweighs M&A and strong miners
LONDON, Feb 2 (Reuters) - Britain's blue-chip FTSE 100
index was flat on Thursday, as a strong sterling offset
gains by consumer products group Reckitt Benckiser
related to a potential acquisition, as well as strong energy and
mining sectors.
Read more
index was flat on Thursday, as a strong sterling offset
gains by consumer products group Reckitt Benckiser
related to a potential acquisition, as well as strong energy and
mining sectors.
Read more
West African push to clean up toxic fuel hits snags
LONDON, Feb 2 (Reuters) - A West African drive to clean up
toxic fuels that campaigners say pose a health hazard to
millions has run into difficulties less than two months after it
was announced, according to importers, traders and other oil
industry insiders.
Read more
toxic fuels that campaigners say pose a health hazard to
millions has run into difficulties less than two months after it
was announced, according to importers, traders and other oil
industry insiders.
Read more
UPDATE 1-Russian oil output down 100,000 bpd in January after global deal
* Russian oil output down to 11.11 mln bpd in January
* Pipeline oil exports up to 4.409 mln bpd last month
* Russia pledged to cut oil output by 300,000 bpd by H1-end
* All Russian majors cut oil output in January
(Writes through, adds quotes, details)
By Olesya Astakhova and Vladimir Soldatkin
MOSCOW, Feb 2 (Reuters) - Russian oil output contracted in
January by 100,000 barrels per day, led by decline at all the
major domestic producers and following a global accord aime
Read more
* Pipeline oil exports up to 4.409 mln bpd last month
* Russia pledged to cut oil output by 300,000 bpd by H1-end
* All Russian majors cut oil output in January
(Writes through, adds quotes, details)
By Olesya Astakhova and Vladimir Soldatkin
MOSCOW, Feb 2 (Reuters) - Russian oil output contracted in
January by 100,000 barrels per day, led by decline at all the
major domestic producers and following a global accord aime
Read more
UPDATE 1-Shell profit misses forecast due to forex-related charge
LONDON, Feb 2 (Reuters) - Royal Dutch Shell's
profits were lower than forecast in the last quarter of 2016 due
to an unexpected charge relating to foreign exchange moves, but
it was still ahead of its larger U.S. rival Exxon Mobil.
Read more
profits were lower than forecast in the last quarter of 2016 due
to an unexpected charge relating to foreign exchange moves, but
it was still ahead of its larger U.S. rival Exxon Mobil.
Read more
UPDATE 1-Glencore sticks with 2017 production targets
LONDON, Feb 2 (Reuters) - Glencore stuck with its
target for broadly higher output in 2017 on Thursday after
reporting falls in copper and zinc which led overall production
lower last year.
Read more
target for broadly higher output in 2017 on Thursday after
reporting falls in copper and zinc which led overall production
lower last year.
Read more
Wednesday, February 1, 2017
Shell misses fourth-quarter estimates after $500 mln of impairments
LONDON, Feb 2 (Reuters) - Royal Dutch Shell,
Europe's largest oil major, missed analysts' profit expectations
for the fourth quarter after booking $500 million of
impairments.
Read more
Europe's largest oil major, missed analysts' profit expectations
for the fourth quarter after booking $500 million of
impairments.
Read more
Glencore sticks with 2017 production targets
LONDON, Feb 2 (Reuters) - Mining and trading group
Glencore's full-year output was in line with target, it
said on Thursday, and reiterated its 2017 guidance.
Read more
Glencore's full-year output was in line with target, it
said on Thursday, and reiterated its 2017 guidance.
Read more
After 16 attempts, a cheaper method for carbon capture at work in India
MUMBAI, Feb 2 (Thomson Reuters Foundation) - As students at
the prestigious Indian Institute of Technology in Kharagpur in
eastern India, Aniruddha Sharma and Prateek Bumb had one
obsession: finding a cheaper, more efficient way to capture
carbon emissions to combat climate change.
Read more
the prestigious Indian Institute of Technology in Kharagpur in
eastern India, Aniruddha Sharma and Prateek Bumb had one
obsession: finding a cheaper, more efficient way to capture
carbon emissions to combat climate change.
Read more
RPT-COLUMN-Saudi Arabia cannot escape destiny as swing producer: Kemp
LONDON, Feb 2 (Reuters) - Saudi Arabia has been forced to
return to the role of swing producer in the oil market, despite
the country's insistence for three decades it would never play
the role again.
Read more
return to the role of swing producer in the oil market, despite
the country's insistence for three decades it would never play
the role again.
Read more
UPDATE 1-U.S. House axes rules to prevent corruption, pollution
WASHINGTON, Feb 1 (Reuters) - Two major U.S. rules aimed at
curbing corruption and pollution in the energy sector may be
entirely wiped from the books by next week, after the
Republican-led House of Representatives on Wednesday voted to
repeal them.
Read more
curbing corruption and pollution in the energy sector may be
entirely wiped from the books by next week, after the
Republican-led House of Representatives on Wednesday voted to
repeal them.
Read more
UPDATE 2-U.S. Senate confirms Tillerson as secretary of state
WASHINGTON, Feb 1 (Reuters) - The U.S. Senate confirmed Rex
Tillerson as President Donald Trump's secretary of state on
Wednesday, filling a key spot on the Republican's national
security team despite concerns about the former Exxon Mobil Corp
chief executive officer's ties to Russia.
Read more
Tillerson as President Donald Trump's secretary of state on
Wednesday, filling a key spot on the Republican's national
security team despite concerns about the former Exxon Mobil Corp
chief executive officer's ties to Russia.
Read more
Washington state pipeline disruption jury fails to reach verdict
Feb 1 (Reuters) - A jury weighing charges against an
activist behind a coordinated protest that disrupted the flow of
millions of barrels of crude oil into the United States failed
to reach a verdict in a case in Washington state, prosecutors
said on Wednesday.
Read more
activist behind a coordinated protest that disrupted the flow of
millions of barrels of crude oil into the United States failed
to reach a verdict in a case in Washington state, prosecutors
said on Wednesday.
Read more
U.S. House axes regulations on oil and mining company payments, stream pollution
WASHINGTON, Feb 1 (Reuters) - The Republican-led U.S. House
of Representatives on Wednesday killed two Obama-era rules, one
intended to root out corruption in the extraction sector and one
aimed at reducing stream pollution.
Read more
of Representatives on Wednesday killed two Obama-era rules, one
intended to root out corruption in the extraction sector and one
aimed at reducing stream pollution.
Read more
UPDATE 3-Activist ire rises as Dakota pipeline review begins
WASHINGTON/CANNON BALL, N.D., Feb 1 (Reuters) - Activists
protesting the Dakota Access Pipeline project expressed alarm on
Wednesday after federal lawmakers from the state said the final
permit had been granted for the project - a statement later
contradicted by the Army, which issues such permits.
Read more
protesting the Dakota Access Pipeline project expressed alarm on
Wednesday after federal lawmakers from the state said the final
permit had been granted for the project - a statement later
contradicted by the Army, which issues such permits.
Read more
UPDATE 2-U.S. Senate delays vote on Trump EPA pick after Democrats boycott
WASHINGTON, Feb 1 (Reuters) - Republican U.S. senators on
Wednesday delayed a committee vote on President Donald Trump's
pick to head the Environmental Protection Agency after the
panel's Democrats boycotted the meeting, saying that nominee
Scott Pruitt doubts the science of climate change.
Read more
Wednesday delayed a committee vote on President Donald Trump's
pick to head the Environmental Protection Agency after the
panel's Democrats boycotted the meeting, saying that nominee
Scott Pruitt doubts the science of climate change.
Read more
Faced with U.S. retreat on climate change, EU looks to China
BRUSSELS, Feb 1 (Reuters) - Faced with a U.S. retreat from
international efforts to tackle climate change, European Union
officials are looking to China, fearing a leadership vacuum will
embolden those within the bloc seeking to slow the fight against
global warming.
Read more
international efforts to tackle climate change, European Union
officials are looking to China, fearing a leadership vacuum will
embolden those within the bloc seeking to slow the fight against
global warming.
Read more
BlackRock makes energy acquisition as U.S. infrastructure policy looms
NEW YORK, Feb 1 (Reuters) - BlackRock Inc is pushing
further into the private infrastructure market with an agreement
to buy First Reserve Corp's Energy Infrastructure Funds unit.
Read more
further into the private infrastructure market with an agreement
to buy First Reserve Corp's Energy Infrastructure Funds unit.
Read more
UPDATE 2-U.S. takes steps to review Dakota Access pipeline
WASHINGTON, Feb 1 (Reuters) - The U.S. Army Corps of
Engineers said on Wednesday it has taken initial steps to review
requests to approve the final permit to finish the Dakota Access
pipeline, the focus of protests for months.
Read more
Engineers said on Wednesday it has taken initial steps to review
requests to approve the final permit to finish the Dakota Access
pipeline, the focus of protests for months.
Read more
Forestry firm UPM says eyeing next biofuel investment
HELSINKI, Feb 1 (Reuters) - Finnish pulp and paper maker
UPM-Kymmene is planning its next step in wood-based
renewable fuel products after a successful ramp-up at its
initial biofuels plant, the head of UPM's biofuels business said
on Wednesday.
Read more
UPM-Kymmene is planning its next step in wood-based
renewable fuel products after a successful ramp-up at its
initial biofuels plant, the head of UPM's biofuels business said
on Wednesday.
Read more
UPDATE 1-Marathon CEO says consumers will bear brunt of any border tax
Feb 1 (Reuters) - Marathon Petroleum Corp's chief
executive officer said on Wednesday the company would pass along
any costs incurred under a Republican-backed plan to impose a
tax on crude oil and other imports.
Read more
executive officer said on Wednesday the company would pass along
any costs incurred under a Republican-backed plan to impose a
tax on crude oil and other imports.
Read more
UPDATE 1-Global oil output cut by 1.4 mln bpd -Russian energy minister
NOVO-OGARYOVO, Russia, Feb 1 (Reuters) - Global oil output
was cut by 1.4 million barrels per day (bpd) last month, Russian
energy minister Alexander Novak told President Vladimir Putin on
Wednesday, citing preliminary data.
Read more
was cut by 1.4 million barrels per day (bpd) last month, Russian
energy minister Alexander Novak told President Vladimir Putin on
Wednesday, citing preliminary data.
Read more
Global oil output down by 1.4 mln bpd in Jan, Russia says
MOSCOW, Feb 1 (Reuters) - Global oil output was cut by 1.4
million barrels per day (bpd) last month, Russian energy
minister Alexander Novak told president Vladimir Putin on
Wednesday, citing preliminary data.
Read more
million barrels per day (bpd) last month, Russian energy
minister Alexander Novak told president Vladimir Putin on
Wednesday, citing preliminary data.
Read more
Tesla drops 'Motors' from name as CEO Musk looks beyond cars
Feb 1 (Reuters) - Tesla Motors Inc changed its name
to "Tesla Inc" as Chief Executive Elon Musk looks to transform
the Silicon Valley firm from an electric car maker to a
diversified energy products company.
Read more
to "Tesla Inc" as Chief Executive Elon Musk looks to transform
the Silicon Valley firm from an electric car maker to a
diversified energy products company.
Read more
HIGHLIGHTS-The Trump presidency on Feb 1 at 8:52 a.m. EST/1352 GMT
Feb 1 (Reuters) - Highlights of the day for U.S. President
Donald Trump's administration on Wednesday:
Read more
Donald Trump's administration on Wednesday:
Read more
Iraq complies with scale, if not absolute level, of OPEC cut - sources, data
LONDON/DUBAI, Feb 1 (Reuters) - Iraq significantly reduced
oil output in January, according to industry sources and export
data on Wednesday, but has yet to reach levels expected by OPEC
from its second largest producer.
Read more
oil output in January, according to industry sources and export
data on Wednesday, but has yet to reach levels expected by OPEC
from its second largest producer.
Read more
UPDATE 1-Marathon Petroleum's profit beats; says to speed up asset transfer
Feb 1 (Reuters) - Marathon Petroleum Corp reported a
higher-than-expected quarterly profit and said it would speed up
the transfer of assets to its unit, MPLX LP.
Read more
higher-than-expected quarterly profit and said it would speed up
the transfer of assets to its unit, MPLX LP.
Read more
RPT-COLUMN-China iron ore imports off to strong start; support rally: Russell
LAUNCESTON, Australia, Feb 1 (Reuters) - There is
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
OPEC cut extension could hurt Saudi plan to balance market- Gunvor
ANTWERP, Feb 1 (Reuters) - An extension of OPEC oil
production cuts could push oil prices too high to meet Saudi
Arabia and others' objective of balancing the market without
encouraging U.S. shale output, Gunvor's head of oil market
research said on Wednesday.
Read more
production cuts could push oil prices too high to meet Saudi
Arabia and others' objective of balancing the market without
encouraging U.S. shale output, Gunvor's head of oil market
research said on Wednesday.
Read more
Etihad, Lufthansa sign catering, maintenance deals
ABU DHABI, Feb 1 (Reuters) - Etihad has signed a $100
million deal to take catering services from Lufthansa
unit LSG and will look at cooperation on maintenance as the two
carriers seek to strengthen cooperation.
Read more
million deal to take catering services from Lufthansa
unit LSG and will look at cooperation on maintenance as the two
carriers seek to strengthen cooperation.
Read more
UPDATE 1-Iran's president calls Trump a political novice over travel ban
DUBAI, Feb 1 (Reuters) - Iran's President Hassan Rouhani
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of the Republican's
immigration policies including a temporary travel ban on
Iranians.
Read more
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of the Republican's
immigration policies including a temporary travel ban on
Iranians.
Read more
Flowering compost urinals adorn smelly corner of Paris
PARIS, Feb 1 (Reuters) - Two compost urinals topped with
miniature gardens have been installed at a notoriously smelly
site in Paris - behind the Gare de Lyon station in the east of
the French capital.
Read more
miniature gardens have been installed at a notoriously smelly
site in Paris - behind the Gare de Lyon station in the east of
the French capital.
Read more
Japan's Kansai Electric cancels plans to switch oil-fired power station to coal
Feb 1 (Reuters) - Japan's Kansai Electric Power has
cancelled plans to switch a 1,200 megawatt oil-fired power
station to coal as demand for electricity fell amid a push to
cut the country's emissions after it signed up to a global
climate change accord.
Read more
cancelled plans to switch a 1,200 megawatt oil-fired power
station to coal as demand for electricity fell amid a push to
cut the country's emissions after it signed up to a global
climate change accord.
Read more
Russia's oil output down by 100,000 bpd in January - sources
MOSCOW, Feb 1 (Reuters) - Russia has cut its oil and gas
condensate production in January by around 100,000 barrels per
day (bpd), as concluded from the data provided to Reuters by two
industry sources on Wednesday.
Read more
condensate production in January by around 100,000 barrels per
day (bpd), as concluded from the data provided to Reuters by two
industry sources on Wednesday.
Read more
Iran's president calls Trump a political novice over travel ban
DUBAI, Feb 1 (Reuters) - Iran's President Hassan Rouhani
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of Washington's
temporary travel ban on Iranians and citizens of six other
Muslim-majority countries
Read more
dismissed his U.S. counterpart Donald Trump as a political
novice on Wednesday, stepping up criticism of Washington's
temporary travel ban on Iranians and citizens of six other
Muslim-majority countries
Read more
Tuesday, January 31, 2017
INSIGHT-As oil recovers, U.S. firms descend on the Permian Basin in West Texas
ODESSA, Texas, Feb 1 (Reuters) - In most U.S. shale oil
regions, energy firms are making strategic but cautious bets as
the price of oil holds above $50 a barrel.
Read more
regions, energy firms are making strategic but cautious bets as
the price of oil holds above $50 a barrel.
Read more
SE Asia Stocks-Cautious ahead of Fed meeting; Indonesia hits 3-wk high
By Sindhu Chandrasekaran
Feb 1 (Reuters) - Southeast Asian stock markets were
cautious on Wednesday, with investors awaiting the outcome of
the U.S. Federal Reserve meeting, while Indonesia and Thailand
recovered from three sessions of losses backed by strong
economic data.
Indonesia stocks led gains in the region, rising
half a percent. Bank Central Asia Tbk gained 1
percent, while Bank Rakyat Indonesia (Persero) Tbk
rose 0.6 percent.
Indonesia's factory output rose for the first t
Read more
Feb 1 (Reuters) - Southeast Asian stock markets were
cautious on Wednesday, with investors awaiting the outcome of
the U.S. Federal Reserve meeting, while Indonesia and Thailand
recovered from three sessions of losses backed by strong
economic data.
Indonesia stocks led gains in the region, rising
half a percent. Bank Central Asia Tbk gained 1
percent, while Bank Rakyat Indonesia (Persero) Tbk
rose 0.6 percent.
Indonesia's factory output rose for the first t
Read more
COLUMN-China iron ore imports off to strong start; support rally: Russell
LAUNCESTON, Australia, Feb 1 (Reuters) - There is
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
fundamental justification for the strong start to 2017 for iron
ore prices, with imports by top buyer China remaining robust and
showing no signs of easing.
Read more
Standing Rock tribe says it will take legal action against Dakota pipeline decision
Jan 31 (Reuters) - The Standing Rock Sioux Tribe said on
Tuesday it will take legal action against the U.S. Army's
decision to grant the final easement that will allow the Dakota
Access Pipeline to be completed.
Read more
Tuesday it will take legal action against the U.S. Army's
decision to grant the final easement that will allow the Dakota
Access Pipeline to be completed.
Read more
Army Corps of Engineers to give easement to Dakota Access Pipeline -U.S. senator
Jan 31 (Reuters) - Acting Secretary of the Army Robert Speer
has directed the Army Corps of Engineers to proceed with the
easement needed to complete the Dakota Access Pipeline, U.S.
Senator John Hoeven of North Dakota said in a statement on
Tuesday.
Read more
has directed the Army Corps of Engineers to proceed with the
easement needed to complete the Dakota Access Pipeline, U.S.
Senator John Hoeven of North Dakota said in a statement on
Tuesday.
Read more
UPDATE 1-Army Corps of Engineers to give easement to Dakota Access Pipeline -U.S. senator
Jan 31 (Reuters) - The Army Corps of Engineers will proceed
with the easement needed to complete the Dakota Access Pipeline,
U.S. Senator John Hoeven of North Dakota said in a statement on
Tuesday.
Read more
with the easement needed to complete the Dakota Access Pipeline,
U.S. Senator John Hoeven of North Dakota said in a statement on
Tuesday.
Read more
Oil markets range-bound as supplies remain plentiful amid OPEC-led cuts
SINGAPORE, Feb 1 (Reuters) - Oil dipped on Wednesday,
weighed by ongoing high supplies despite an OPEC-led production
cut, but prices remained within a narrow range that has bound
the market since late January.
Read more
weighed by ongoing high supplies despite an OPEC-led production
cut, but prices remained within a narrow range that has bound
the market since late January.
Read more
Australia shares rise as weaker dollar boosts miners; NZ falls
Feb 1 (Reuters) - Australian shares rose on Wednesday,
snapping two sessions of losses, as basic materials and energy
stocks gained on the back of a weakening U.S. dollar.
Read more
snapping two sessions of losses, as basic materials and energy
stocks gained on the back of a weakening U.S. dollar.
Read more
After slump in energy deals, hints of recovery: EY
LONDON, Feb 1 (Reuters) - A sharp pick up in deal-making in
the oil and gas sector in recent weeks has scope to accelerate
as oil prices recover, advisory company EY said in a report.
Read more
the oil and gas sector in recent weeks has scope to accelerate
as oil prices recover, advisory company EY said in a report.
Read more
Equis Energy to invest $300 mln in two solar plants in Australia
MELBOURNE, Feb 1 (Reuters) - Equis Energy said on Wednesday
it plans to build two solar power plants for A$400 million ($303
million) in Australia, marking the Singapore-based renewable
energy developer's first investments in the country.
Read more
it plans to build two solar power plants for A$400 million ($303
million) in Australia, marking the Singapore-based renewable
energy developer's first investments in the country.
Read more
Super Bowl security tight amidst tension over Trump orders
HOUSTON, Jan 31 (Reuters) - Security in Houston, America's fourth-largest city, is tight ahead of Sunday's Super Bowl 51, though officials have vowed to support peaceful demonstrations against President Donald Trump's executive order restricting entry to the United States for travelers from some Muslim-majority nations.
Read more
Read more
UPDATE 1-Brazil court upholds decision blocking Petrobras plan for fuels unit
SAO PAULO, Jan 31 (Reuters) - A Brazilian federal court
rejected an appeal by state-run oil firm Petrobras and upheld a
decision blocking the company's plan to sell a stake in fuel
distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
Read more
rejected an appeal by state-run oil firm Petrobras and upheld a
decision blocking the company's plan to sell a stake in fuel
distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
Read more
Lured by discounts, U.S. East Coast refiners snatch up Brazilian crude
NEW YORK/HOUSTON, Jan 31 (Reuters) - U.S. East Coast
refiners are on a Brazilian crude buying spree, market sources
say, displacing West African cargoes as producers such as Royal
Dutch Shell and Norway's Statoil sell rising
output from fields off Brazil's coast.
Read more
refiners are on a Brazilian crude buying spree, market sources
say, displacing West African cargoes as producers such as Royal
Dutch Shell and Norway's Statoil sell rising
output from fields off Brazil's coast.
Read more
Brazil court upholds decision blocking Petrobras plan for fuels unit
SAO PAULO, Jan 31 (Reuters) - A Brazilian federal court
rejected an appeal by state-controlled oil firm Petrobras and
upheld a decision blocking the company's plan to sell a stake in
fuels distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
Read more
rejected an appeal by state-controlled oil firm Petrobras and
upheld a decision blocking the company's plan to sell a stake in
fuels distribution unit BR Distribuidora, according to a court
document seen by Reuters on Tuesday.
Read more
Valero says record biofuels compliance costs to continue in 2017
NEW YORK, Jan 31 (Reuters) - Valero Energy Corp on
Tuesday signaled that record high costs to comply with the U.S.
renewable fuels program will continue this year, after the oil
refiner was hit with a ballooning tab for the program in 2016.
Read more
Tuesday signaled that record high costs to comply with the U.S.
renewable fuels program will continue this year, after the oil
refiner was hit with a ballooning tab for the program in 2016.
Read more
Lebanese president says oil production to start in 2018
BEIRUT, Jan 31 (Reuters) - Lebanon expects to start oil
production in 2018 and will deposit the resulting revenues into
a sovereign wealth fund, President Michel Aoun said on Tuesday.
Read more
production in 2018 and will deposit the resulting revenues into
a sovereign wealth fund, President Michel Aoun said on Tuesday.
Read more
UPDATE 2-Imperial Oil profit boosted by asset-sale gain
CALGARY, Alberta, Jan 31 (Reuters) - Canadian oil producer
Imperial Oil Ltd reported a sharp rise in
fourth-quarter profit on Tuesday, helped by a nearly C$1 billion
gain from the sale of its service stations.
Read more
Imperial Oil Ltd reported a sharp rise in
fourth-quarter profit on Tuesday, helped by a nearly C$1 billion
gain from the sale of its service stations.
Read more
UPDATE 2-Exxon Mobil boosts capital budget by 14 pct; profit tops estimates
HOUSTON, Jan 31 (Reuters) - Exxon Mobil Corp, the
world's largest publicly traded oil producer, boosted its 2017
capital budget on Tuesday by about 14 percent, betting that
crude prices will continue to rise and that OPEC will
honor its production curtailment agreement.
Read more
world's largest publicly traded oil producer, boosted its 2017
capital budget on Tuesday by about 14 percent, betting that
crude prices will continue to rise and that OPEC will
honor its production curtailment agreement.
Read more
UPDATE 1-Venezuela's Paraguana refineries at 42 pct of capacity -union official
PUNTO FIJO, Venezuela, Jan 31 (Reuters) - Venezuela's
Paraguana refining complex was operating at about 42 percent of
capacity, a union official said late on Monday, citing an
internal report that came amid chronic unit stoppages in the
country's refining system.
Read more
Paraguana refining complex was operating at about 42 percent of
capacity, a union official said late on Monday, citing an
internal report that came amid chronic unit stoppages in the
country's refining system.
Read more
Oslo's trash incinerator shows promise in climate change test
OSLO, Jan 31 (Reuters) - Oslo's main trash incinerator has
shown promising results in the world's first experiment to
capture greenhouse gases from the fumes of burning rubbish as a
new way to slow climate change, officials said on Tuesday.
Read more
shown promising results in the world's first experiment to
capture greenhouse gases from the fumes of burning rubbish as a
new way to slow climate change, officials said on Tuesday.
Read more
UPDATE 2-Iran will not use ballistic missiles to attack any country -foreign minister
* ATR/IranAir deal nearly done -France's Ayrault
(Adds further detail, more Ayrault comment)
Read more
(Adds further detail, more Ayrault comment)
Read more
UPDATE 1-Consol Energy plans to sell or spin-off coal business
Jan 31 (Reuters) - Coal and natural gas producer Consol
Energy Inc broke even on an adjusted basis in the fourth
quarter, and said it planned to sell its coal business or spin
it off to shareholders.
Read more
Energy Inc broke even on an adjusted basis in the fourth
quarter, and said it planned to sell its coal business or spin
it off to shareholders.
Read more
Consol Energy posts quarterly loss; says may divest coal business
Jan 31 (Reuters) - Coal and natural gas producer Consol
Energy Inc reported a quarterly loss and said it was
looking to sell its coal business or spin it off to
shareholders.
Read more
Energy Inc reported a quarterly loss and said it was
looking to sell its coal business or spin it off to
shareholders.
Read more
Valero Energy reports higher profit boosted by ethanol business
Jan 31 (Reuters) - Valero Energy Corp, the largest
independent U.S. refiner, reported a higher quarterly profit as
lower corn and stronger ethanol prices boosted the company's
ethanol unit results.
Read more
independent U.S. refiner, reported a higher quarterly profit as
lower corn and stronger ethanol prices boosted the company's
ethanol unit results.
Read more
UPDATE 2-Seadrill seeks at least $1 bln capital lifeline as debt deal delayed again
OSLO, Jan 31 (Reuters) - Oslo-listed rig firm Seadrill
is looking to raise at least $1 billion in new capital
as talks to restructure its debt and liabilities worth $14
billion are taking longer than expected, wiping more than a
fifth off its market value.
Read more
is looking to raise at least $1 billion in new capital
as talks to restructure its debt and liabilities worth $14
billion are taking longer than expected, wiping more than a
fifth off its market value.
Read more
OPEC achieves 82 pct of pledged oil output cut in January-Reuters survey
LONDON, Jan 31 (Reuters) - OPEC's oil output is set to fall
by more than 1 million barrels per day (bpd) this month, a
Reuters survey found on Tuesday, pointing to a strong start by
the exporter group in implementing its first supply cut deal in
eight years.
Read more
by more than 1 million barrels per day (bpd) this month, a
Reuters survey found on Tuesday, pointing to a strong start by
the exporter group in implementing its first supply cut deal in
eight years.
Read more
Water utility Severn Trent sees FY rewards beating forecast
Jan 31 (Reuters) - British water utility Severn Trent Plc
said it expected to exceed its forecast for full-year
net customer outcome delivery incentive rewards (ODI) after
strong operational performance in the third quarter.
Read more
said it expected to exceed its forecast for full-year
net customer outcome delivery incentive rewards (ODI) after
strong operational performance in the third quarter.
Read more
European prompt power prices drop on higher supply
FRANKFURT, Jan 31 (Reuters) - European prompt power prices
fell sharply on Tuesday due to an increase in renewable and
nuclear supply, but positions further ahead climbed, bringing
them in line with generally bullish spot levels, traders said.
Read more
fell sharply on Tuesday due to an increase in renewable and
nuclear supply, but positions further ahead climbed, bringing
them in line with generally bullish spot levels, traders said.
Read more
UK energy supplier SSE loses another 50,000 customers
LONDON, Jan 31 (Reuters) - Britain's second-biggest energy
supplier SSE continued losing customers in the third
quarter of its financial year, while still and wet weather meant
output from its renewable energy plants fell 20 percent year on
year, it said on Tuesday.
Read more
supplier SSE continued losing customers in the third
quarter of its financial year, while still and wet weather meant
output from its renewable energy plants fell 20 percent year on
year, it said on Tuesday.
Read more
Shell to sell North Sea assets to Chrysaor for $3.8 bln
LONDON, Jan 31 (Reuters) - Royal Dutch Shell has
agreed to sell a package of oil and gas fields to private
equity-backed Chrysaor for $3.8 billion, giving the Anglo-Dutch
group a major boost in its drive to reduce debt following the
acquisition of BG Group.
Read more
agreed to sell a package of oil and gas fields to private
equity-backed Chrysaor for $3.8 billion, giving the Anglo-Dutch
group a major boost in its drive to reduce debt following the
acquisition of BG Group.
Read more
Monday, January 30, 2017
EU set to meet green energy goal; UK trails - document
BRUSSELS, Jan 31 (Reuters) - The European Union is on track
to meet its goal for renewables to supply up 20 percent of its
energy by 2020, the EU executive said in a report seen by
Reuters, although Britain, Ireland and Luxembourg are lagging
behind.
Read more
to meet its goal for renewables to supply up 20 percent of its
energy by 2020, the EU executive said in a report seen by
Reuters, although Britain, Ireland and Luxembourg are lagging
behind.
Read more
Clean-up begins at Dakota pipeline protest camp
CANNON BALL, N.D., Jan 30 (Reuters) - Dump trucks and heavy
machinery rolled into the protest camp near the site of the
Dakota Access Pipeline on Monday, and crews began filling large
dumpsters with garbage that has accumulated, much of it now
buried under snow.
Read more
machinery rolled into the protest camp near the site of the
Dakota Access Pipeline on Monday, and crews began filling large
dumpsters with garbage that has accumulated, much of it now
buried under snow.
Read more
Oil prices down 5 percent in January as rising U.S. output offsets OPEC-led cuts
SINGAPORE, Jan 31 (Reuters) - Brent crude oil prices fell
around 5 percent from their early January peak as rising U.S.
drilling activity offset efforts by OPEC and other producers to
cut output in an effort to prop up the market.
Read more
around 5 percent from their early January peak as rising U.S.
drilling activity offset efforts by OPEC and other producers to
cut output in an effort to prop up the market.
Read more
UPDATE 1-Trial opens for activist charged in pipeline disruption
Jan 30 (Reuters) - A jury was selected in Washington state
on Monday in the first trial over a coordinated protest that
disrupted the flow of millions of barrels of crude oil into the
United States, a proceeding activists hope will serve as a
referendum on climate change.
Read more
on Monday in the first trial over a coordinated protest that
disrupted the flow of millions of barrels of crude oil into the
United States, a proceeding activists hope will serve as a
referendum on climate change.
Read more
UPDATE 2-U.S. lawmakers move to scrap SEC's 'resource extraction' rule
WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
Read more
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
Read more
RPT-UPDATE 2-U.S. lawmakers move to scrap SEC's 'resource extraction' rule
WASHINGTON, Jan 30 (Reuters) - Two senior U.S. lawmakers
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
Read more
unveiled legislative plans on Monday to scrap a rule devised
under the 2010 Dodd-Frank financial reform law requiring
publicly-traded mining, oil and gas companies to disclose
payments they make to foreign governments.
Read more
Strike cuts French electricity production by nearly 4 GW
PARIS, Jan 30 (Reuters) - A strike by electricity and gas
sector workers in France has cut nuclear and hydro power
production by nearly 4 gigawatt, French grid operator RTE and
utility EDF said on Monday.
Read more
sector workers in France has cut nuclear and hydro power
production by nearly 4 gigawatt, French grid operator RTE and
utility EDF said on Monday.
Read more
Origin Energy gas production revenue jumps 27 pct in Dec quarter
MELBOURNE, Jan 31 (Reuters) - Origin Energy,
Australia's top energy retailer, reported a 27 percent rise in
gas revenue in the December quarter on the previous quarter,
thanks to higher prices and the ramp-up of output at the
Australia Pacific liquefied natural gas project (APLNG).
Read more
Australia's top energy retailer, reported a 27 percent rise in
gas revenue in the December quarter on the previous quarter,
thanks to higher prices and the ramp-up of output at the
Australia Pacific liquefied natural gas project (APLNG).
Read more
Venezuela's Maduro seen bolstering grip on PDVSA after shake-up
CARACAS, Jan 30 (Reuters) - PDVSA's new senior executive
line-up includes a Venezuelan navy rear-admiral, Hugo Chavez's
former Twitter manager and a leader of the late leftist
president's failed 1992 coup.
Read more
line-up includes a Venezuelan navy rear-admiral, Hugo Chavez's
former Twitter manager and a leader of the late leftist
president's failed 1992 coup.
Read more
UPDATE 1- Republicans take first steps to kill five Obama-era regulations
WASHINGTON, Jan 30 (Reuters) - House Republicans on Monday
began the process of killing five Obama-era rules on corruption,
the environment, labor and guns under the first real test of the
Congressional Review Act, a law intended to keep regulation in
check.
Read more
began the process of killing five Obama-era rules on corruption,
the environment, labor and guns under the first real test of the
Congressional Review Act, a law intended to keep regulation in
check.
Read more
France, worried by Trump, promises to be defender of Iran nuclear deal
TEHRAN, Jan 30 (Reuters) - France vowed on Monday to act as
defender of Iran's nuclear deal, which U.S. President Donald
Trump has threatened to tear up, but said it was imperative
Tehran abide strictly by the conditions of the accord.
Read more
defender of Iran's nuclear deal, which U.S. President Donald
Trump has threatened to tear up, but said it was imperative
Tehran abide strictly by the conditions of the accord.
Read more
UPDATE 2-Ex-tycoon Batista jailed in graft probe on return to Brazil
RIO DE JANEIRO, Jan 30 (Reuters) - Eike Batista, once
Brazil's richest man and most flamboyant national booster, was
detained by federal police on Monday on allegations of bribing a
former governor, putting an end to his brief stint as an
international fugitive.
Read more
Brazil's richest man and most flamboyant national booster, was
detained by federal police on Monday on allegations of bribing a
former governor, putting an end to his brief stint as an
international fugitive.
Read more
European shares slip on weaker commodities, M&A optimism limits losses
* Commodities among top fallers
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)
Adds details, updates prices)
Read more
(ADVISORY- Follow European and UK stock markets in real time on
the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets)
Adds details, updates prices)
Read more
US natgas pipelines seek prompt FERC decisions to avoid potential delay
Jan 30 (Reuters) - Changes at the top of the U.S. Federal
Energy Regulatory Commission last week prompted several energy
firms to request the agency make decisions this week on proposed
natural gas pipelines to avoid potential construction delays.
Read more
Energy Regulatory Commission last week prompted several energy
firms to request the agency make decisions this week on proposed
natural gas pipelines to avoid potential construction delays.
Read more
COLUMN-Hedge funds prepare for possible border tax adjustment on U.S. oil imports: Kemp
LONDON, Jan 30 (Reuters) - Hedge funds seem to be quietly
positioning for the possible imposition of a border tax
adjustment on imports of crude oil into the United States.
Read more
positioning for the possible imposition of a border tax
adjustment on imports of crude oil into the United States.
Read more
Sweden drops objections to port striking Nord Stream deal
STOCKHOLM, Jan 30 (Reuters) - Sweden's government has
dropped its objections to a plan by Russia's Gazprom
to use the port of Karlshamn in southern Sweden as a base for
the construction of its Nord Stream 2 gas pipeline, Swedish
public radio reported on Monday.
Read more
dropped its objections to a plan by Russia's Gazprom
to use the port of Karlshamn in southern Sweden as a base for
the construction of its Nord Stream 2 gas pipeline, Swedish
public radio reported on Monday.
Read more
UPDATE 1-U.S. will change course on climate policy, Trump official says
LONDON, Jan 30 (Reuters) - The United States will switch
course on climate change and pull out of a global pact to cut
emissions, said Myron Ebell, who headed U.S. President Donald
Trump's Environmental Protection Agency (EPA) transition team
until his inauguration.
Read more
course on climate change and pull out of a global pact to cut
emissions, said Myron Ebell, who headed U.S. President Donald
Trump's Environmental Protection Agency (EPA) transition team
until his inauguration.
Read more
RPT-UPDATE 1-Pertamina to go solo on Balongan refinery
JAKARTA, Jan 30 (Reuters) - Indonesian energy company
Pertamina will proceed with an upgrade of its Balongan refinery
without a partner, company officials said on Monday
Read more
Pertamina will proceed with an upgrade of its Balongan refinery
without a partner, company officials said on Monday
Read more
Gas tanker collides with Indian ship off Chennai's coast, no injuries
OSLO, Jan 30 (Reuters) - A gas tanker from Oslo-listed
shipping company BW LPG has collided with an Indian
ship off the coast of Chennai in India, a BW LPG executive said
on Monday.
Read more
shipping company BW LPG has collided with an Indian
ship off the coast of Chennai in India, a BW LPG executive said
on Monday.
Read more
UPDATE 3-As price war rages, Vodafone India seeks merger with rival Idea Cellular
* Deal would reduce intense competition in India - analysts
(Updates with analyst quote, share prices details, background)
Read more
(Updates with analyst quote, share prices details, background)
Read more
RPT-Energy pipelines back in investor favor after Trump orders
NEW YORK, Jan 27 (Reuters) - Investors have rushed back into
North American pipelines after U.S. President Donald Trump
revived growth prospects in a sector that struggled to cope with
a two-year oil price slump and strident opposition from
environmental and Native American activists.
Read more
North American pipelines after U.S. President Donald Trump
revived growth prospects in a sector that struggled to cope with
a two-year oil price slump and strident opposition from
environmental and Native American activists.
Read more
Chevron says to give CEO fewer stock options
Jan 30 (Reuters) - Oil and natural gas producer Chevron Corp
said it would give its top executive fewer stock options
after shareholders expressed concern about executive pay.
Read more
said it would give its top executive fewer stock options
after shareholders expressed concern about executive pay.
Read more
COLUMN-India cedes top coal importer spot back to China as growth trend stalls: Russell
LAUNCESTON, Australia, Jan 30 (Reuters) - India has
surrendered its status as the world's top importer of coal back
to China, with its overseas purchases in 2016 falling to less
than 200 million tonnes.
Read more
surrendered its status as the world's top importer of coal back
to China, with its overseas purchases in 2016 falling to less
than 200 million tonnes.
Read more
Sulphur-rich crudes, usually discounted, shine after OPEC cuts
LONDON, Jan 30 (Reuters) - Efforts to stem the world's
surplus of crude oil have thus far only moderately balanced the
market - but have turned typically lower-quality crude into the
most sought after barrels.
Read more
surplus of crude oil have thus far only moderately balanced the
market - but have turned typically lower-quality crude into the
most sought after barrels.
Read more
Sunday, January 29, 2017
Trump travel ban stirs faint corporate outcry beyond Silicon Valley
By Devika Krishna Kumar and Ross Kerber
NEW YORK/BOSTON, Jan 30 (Reuters) - Most U.S. corporate
bosses have stayed silent on President Donald Trump's
immigration curbs, underscoring the sensitivities around
opposing policies that could provoke a backlash from the White
House.
While the leaders of Apple Inc, Google
and Facebook Inc emailed their staff to denounce the
suspension of the U.S. refugee program and the halting of
arrivals from seven Muslim-majority countries, many of their
co
Read more
NEW YORK/BOSTON, Jan 30 (Reuters) - Most U.S. corporate
bosses have stayed silent on President Donald Trump's
immigration curbs, underscoring the sensitivities around
opposing policies that could provoke a backlash from the White
House.
While the leaders of Apple Inc, Google
and Facebook Inc emailed their staff to denounce the
suspension of the U.S. refugee program and the halting of
arrivals from seven Muslim-majority countries, many of their
co
Read more
UPDATE 1-Brazil's Batista headed back to Rio to face charges on Monday
RIO DE JANEIRO, Jan 29 (Reuters) - Former billionaire Eike
Batista, once Brazil's richest man, is scheduled to arrive in
Rio de Janeiro early on Monday, where he is wanted by police in
connection with charges including an alleged bribe of about $16
million to a former governor.
Read more
Batista, once Brazil's richest man, is scheduled to arrive in
Rio de Janeiro early on Monday, where he is wanted by police in
connection with charges including an alleged bribe of about $16
million to a former governor.
Read more
Brazil's Batista expected back in Brazil to face charges on Monday
RIO DE JANEIRO, Jan 29 (Reuters) - Former billionaire Eike
Batista, once Brazil's richest man, is expected to arrive in Rio
de Janeiro on Monday, where he is wanted by police in connection
with charges including an alleged bribe of about $16 million to
a former governor.
Read more
Batista, once Brazil's richest man, is expected to arrive in Rio
de Janeiro on Monday, where he is wanted by police in connection
with charges including an alleged bribe of about $16 million to
a former governor.
Read more
In call, Trump, Saudi king pledge to step up counter-terrorism push-source
BEIRUT, Jan 30 (Reuters) - U.S. President Donald Trump and
Saudi King Salman spoke for over an hour by telephone on Sunday,
agreeing to step up counter-terrorism and military cooperation
and enhance economic relations, a senior Saudi source said.
Read more
Saudi King Salman spoke for over an hour by telephone on Sunday,
agreeing to step up counter-terrorism and military cooperation
and enhance economic relations, a senior Saudi source said.
Read more
RPT-COLUMN-Hedge funds load up on oil calendar spread options to bet on rebalancing: Kemp
LONDON, Jan 27 (Reuters) - Hedge funds are betting heavily
that crude oil markets will move into a supply deficit and start
to draw down excess stockpiles in 2017.
Read more
that crude oil markets will move into a supply deficit and start
to draw down excess stockpiles in 2017.
Read more
Venezuela names new leaders at oil firm PDVSA to 'defeat corruption'
CARACAS, Jan 29 (Reuters) - Venezuela's president on Sunday
created an executive vice president post and named new vice
presidents to lead PDVSA in what he described as a shake-up of
the state oil company and an effort to root out corruption in
the OPEC nation's principal industry.
Read more
created an executive vice president post and named new vice
presidents to lead PDVSA in what he described as a shake-up of
the state oil company and an effort to root out corruption in
the OPEC nation's principal industry.
Read more
Sudan summons U.S. charge d'affaires over Trump immigration order
CAIRO, Jan 29 (Reuters) - Sudan summoned the U.S. charge
d'affaires on Sunday to complain about an order by President
Donald Trump that temporarily bans the entry of its citizens to
the United States.
Read more
d'affaires on Sunday to complain about an order by President
Donald Trump that temporarily bans the entry of its citizens to
the United States.
Read more
Brazil development bank loses vote on oil, gas industry committee
RIO DE JANEIRO, Jan 29 (Reuters) - Brazil's national
development bank in a statement on Sunday said it would no
longer vote on a government committee established to ensure
local content in contracts for oil and gas.
Read more
development bank in a statement on Sunday said it would no
longer vote on a government committee established to ensure
local content in contracts for oil and gas.
Read more
Airlines at Beirut implement measures in line with Trump travel ban - airport sources
BEIRUT, Jan 29 (Reuters) - Airlines operating at Beirut's
Rafic Hariri International Airport have begun implementing
measures in compliance with U.S. President Donald Trump's travel
ban on refugees and nationals of seven Muslim-majority
countries, airport sources said on Sunday.
Read more
Rafic Hariri International Airport have begun implementing
measures in compliance with U.S. President Donald Trump's travel
ban on refugees and nationals of seven Muslim-majority
countries, airport sources said on Sunday.
Read more
Iraq parliament panel asks government to 'reciprocate' to U.S. travel curbs
BAGHDAD, Jan 29 (Reuters) - Iraq's foreign affairs committee
on Sunday said the U.S. travel curbs imposed on Iraqis were
"unfair," and asked the government in Baghdad to "reciprocate"
to the American decision.
Read more
on Sunday said the U.S. travel curbs imposed on Iraqis were
"unfair," and asked the government in Baghdad to "reciprocate"
to the American decision.
Read more
Trump to speak to Saudi, UAE, Korean leaders Sunday -White House
WASHINGTON, Jan 28 (Reuters) - U.S. President Donald Trump
will speak to the leaders of Saudi Arabia, the United Arab
Emirates and South Korea in separate calls on Sunday, the White
House said in a statement.
(Reporting by Jeff Mason and Roberta Rampton; Editing by Bill
Rigby)
Read more
will speak to the leaders of Saudi Arabia, the United Arab
Emirates and South Korea in separate calls on Sunday, the White
House said in a statement.
(Reporting by Jeff Mason and Roberta Rampton; Editing by Bill
Rigby)
Read more
Saturday, January 28, 2017
Trump puts five-year lobbying ban on his political appointees
WASHINGTON, Jan 28 (Reuters) - President Donald Trump on
Saturday put restrictions on the kind of lucrative lobbying gigs
his White House aides and other administration officials can
accept after they leave government.
Read more
Saturday put restrictions on the kind of lucrative lobbying gigs
his White House aides and other administration officials can
accept after they leave government.
Read more
UPDATE 1-Iran says to ban U.S. visitors in retaliation to Trump move
DUBAI, Jan 28 (Reuters) - Iran said on Saturday it would
stop U.S. citizens entering the country in retaliation to
Washington's visa ban against Tehran and six other
majority-Muslim countries announced by new U.S. President Donald
Trump.
Read more
stop U.S. citizens entering the country in retaliation to
Washington's visa ban against Tehran and six other
majority-Muslim countries announced by new U.S. President Donald
Trump.
Read more
Trump, Putin discuss working together on Syria, Islamic State -White House
WASHINGTON, Jan 28 (Reuters) - President Donald Trump and
Russian President Vladimir Putin talked about how they could
work together on fighting Islamic State and achieving peace in
Syria, the White House said on Saturday.
Read more
Russian President Vladimir Putin talked about how they could
work together on fighting Islamic State and achieving peace in
Syria, the White House said on Saturday.
Read more
Iran vows reciprocal steps in retaliation for US visa ban
DUBAI, Jan 28 (Reuters) - Iran on Saturday condemned the
U.S. visa ban against Tehran and six other majority-Muslim
countries as an "open affront against the Muslim world and the
Iranian nation" and vowed to retaliate.
Read more
U.S. visa ban against Tehran and six other majority-Muslim
countries as an "open affront against the Muslim world and the
Iranian nation" and vowed to retaliate.
Read more
HIGHLIGHTS-The Trump presidency on Jan 27 at 6:11 P.M. EST/2311 GMT
Jan 27 (Reuters) - Highlights of the day for U.S. President
Donald Trump's administration on Friday:
Read more
Donald Trump's administration on Friday:
Read more
Sudan calls Trump ban unfortunate in light of sanctions progress
KHARTOUM, Jan 28 (Reuters) - Sudan called President Donald
Trump's decision to ban entry of its citizens "very unfortunate"
in light of "historic steps" taken just weeks earlier to lift
sanctions for cooperation on combating terrorism, its foreign
ministry said on Saturday.
Read more
Trump's decision to ban entry of its citizens "very unfortunate"
in light of "historic steps" taken just weeks earlier to lift
sanctions for cooperation on combating terrorism, its foreign
ministry said on Saturday.
Read more
UPDATE 1-U.S. natgas pipeline companies seek FERC decisions before Bay leaves
Jan 27 (Reuters) - Three U.S. natural gas pipeline companies
on Friday asked the U.S. Federal Energy Regulatory Commission
(FERC) for permission to move forward on their projects by Feb.
3, which is when one of the FERC commissioners will step down.
Read more
on Friday asked the U.S. Federal Energy Regulatory Commission
(FERC) for permission to move forward on their projects by Feb.
3, which is when one of the FERC commissioners will step down.
Read more
Energy pipelines back in investor favor after Trump orders
NEW YORK, Jan 27 (Reuters) - Investors have rushed back into
North American pipelines after U.S. President Donald Trump
revived growth prospects in a sector that struggled to cope with
a two-year oil price slump and strident opposition from
environmental and Native American activists.
Read more
North American pipelines after U.S. President Donald Trump
revived growth prospects in a sector that struggled to cope with
a two-year oil price slump and strident opposition from
environmental and Native American activists.
Read more
Friday, January 27, 2017
Mexico, U.S. agree not to talk publicly about wall payment
MEXICO CITY, Jan 27 (Reuters) - Mexico's President Enrique
Pena Nieto and his U.S. counterpart Donald Trump on Friday
agreed not to talk publicly for now about payment of the wall
the American wants to build on the United States' southern
border and that he says Mexico should finance.
Read more
Pena Nieto and his U.S. counterpart Donald Trump on Friday
agreed not to talk publicly for now about payment of the wall
the American wants to build on the United States' southern
border and that he says Mexico should finance.
Read more
Nexus seeks natgas pipeline decision before Bay leaves U.S. FERC
Jan 27 (Reuters) - Nexus Gas Transmission LLC on Friday
asked the U.S. Federal Energy Regulatory Commission (FERC) to
grant the company's certificate to build a natural gas pipeline
by Feb. 3 before one of the FERC commissioners steps down.
Read more
asked the U.S. Federal Energy Regulatory Commission (FERC) to
grant the company's certificate to build a natural gas pipeline
by Feb. 3 before one of the FERC commissioners steps down.
Read more
(EN) SteamBroker
What is "SteamBroker"?
SteamBroker service provides marketplace to trade items from digital distribution platform Steam™. Using our marketplace you can buy goods from other users or sell any items from your inventory yourself, which can be exchanged with Steam™ trade offers. For example, items from such games as Dota 2™, Counter Strike: Global Offensive™ (CS:GO), Team Fortress™, Unturned™ and so on. Also it's possible to buy and sell Steam Trading Cards and any games, presented as a Steam gifts if you already can exchange it. You will pay a price set by other users for it, so will guarantee you lowest possible prices. You can even get discounts in case of constant use of our service.
SteamBroker guarantees the absolute security for all deals. All items will be exchanged through our service Steam accounts, these accounts will be your automatic MiddleMan and will guarantee an accuracy of transferring the items to the buyer and money paid to seller.
Go to SteamBroker
SteamBroker
Что такое "SteamBroker"?
Сервис SteamBroker предоставляет площадку для торговли вещами из сервиса цифровой дистрибуции Steam. На нашей площадке вы можете купить у других пользователей или продать сами любые предметы из Вашего инвентаря, которые возможно передать через торговое предложение Steam. Например, вещи из таких игр как Dota™ 2, Counter Strike: Global Offensive™ (CS:GO), Team Fortress™ 2, H1Z1 и прочих. А так же возможна продажа коллекционных карточек Steam и даже игр, в виде подарков в инвентаре, которые так же возможно передавать. Вы можете купить вещи за ту цену, которую указывают другие пользователи, что гарантирует отличные цены без лишних наценок.
Так же Вы можете использовать наш сайт как магазин для своих предметов. Вы получите персональную ссылку которая будет отображать только Ваши предметы.
Наш сервис гарантирует абсолютную безопасность всех сделок. Товары передаются через наши сервисные аккаунты Steam, которые выступают в качестве гаранта и контролируют точность получения вещей покупателем и выплату денег продавцу.
Перейти на SteamBroker
(EN) Steam-Trader
Steam-trader.com - Trade platform Dota2, CS:GO, TF2, Gifts.
It is a unique traiding platform, allowing you to buy and sell cosmetic items of Dota 2, CS:GO, Team Fortress2 or Games (Gifts) for real money, at the best prices! Trading platform consists of four sections, which are interlinked by a shared wallet that will allow you to sell things in one section and buy them in another. Deposit and withdrawal funds available with the help of multiple payment systems. Earn - resting! Successful auction!
Go to Steam-trader
Steam-Trader
Steam-trader - Торговая площадка Dota2, CS:GO, TF2, Gifts.
Это уникальная торговая площадка, позволяющая покупать и продавать Игры или Гифты (Gift) Steam, а так же вещи Dota 2, CS:GO, Team Fortress2 за реальные деньги, без комиссии! Торговая площадка состоит из четырех разделов, которые связанны между собой общим кошельком, что позволит вам продавать вещи в одном разделе и покупать их в другом. Пополнение счета и вывод средств доступно при помощи множества платежных систем.
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French foreign minister heads to Iran amid Trump uncertainty
PARIS, Jan 27 (Reuters) - France's foreign minister travels
to Iran on Monday, seeking to reaffirm Europe's commitment to
the nuclear deal that U.S. President Donald Trump has threatened
to annul.
Read more
to Iran on Monday, seeking to reaffirm Europe's commitment to
the nuclear deal that U.S. President Donald Trump has threatened
to annul.
Read more
Mexico, U.S. agree not to talk publicly about wall payment
MEXICO CITY, Jan 27 (Reuters) - Mexico's President Enrique
Pena Nieto and his U.S. counterpart Donald Trump on Friday
agreed not to talk publicly for now about payment of the wall
the American wants to build on the United States' southern
border and that he says Mexico should finance.
Read more
Pena Nieto and his U.S. counterpart Donald Trump on Friday
agreed not to talk publicly for now about payment of the wall
the American wants to build on the United States' southern
border and that he says Mexico should finance.
Read more
UPDATE 2-Review of Canada Energy East pipeline to restart from beginning
OTTAWA/CALGARY, Alberta, Jan 27 (Reuters) - A review of
TransCanada Corp's proposed Energy East pipeline will
start again from the beginning, Canada's energy regulator said
on Friday, a move that could delay the project by several years.
Read more
TransCanada Corp's proposed Energy East pipeline will
start again from the beginning, Canada's energy regulator said
on Friday, a move that could delay the project by several years.
Read more
UPDATE 1-Greek bond yields leap, stocks tumble after no progress in bailout talks
ATHENS, Jan 27 (Reuters) - Greek 10-year bond yields shot up
and stocks tumbled on Friday, a day after euro zone finance
ministers acknowledged Athens' fiscal progress but failed to
break an impasse with the IMF over future bailout targets.
Read more
and stocks tumbled on Friday, a day after euro zone finance
ministers acknowledged Athens' fiscal progress but failed to
break an impasse with the IMF over future bailout targets.
Read more
OPEC January oil output shows high compliance with supply cut deal -Petro-Logistics
LONDON Jan 27 (Reuters) - OPEC oil output is set to fall by
900,000 barrels per day (bpd) this month, a company that tracks
OPEC supply said on Friday, pointing to a strong start by the
exporter group in implementing a supply cut deal.
Read more
900,000 barrels per day (bpd) this month, a company that tracks
OPEC supply said on Friday, pointing to a strong start by the
exporter group in implementing a supply cut deal.
Read more
Algeria top gas supplier to Spain in 2016, eyes more EU exports
ALGIERS, Jan 27 (Reuters) - Algeria expects to increase
exports of natural gas in 2017 as it looks to build on its top
spot in sales to Spain last year and strong sales to Italy and
Portugal, a source at state energy firm Sonatrach said.
Read more
exports of natural gas in 2017 as it looks to build on its top
spot in sales to Spain last year and strong sales to Italy and
Portugal, a source at state energy firm Sonatrach said.
Read more
COLUMN-Hedge funds load up on oil calendar spread options to bet on rebalancing: Kemp
LONDON, Jan 27 (Reuters) - Hedge funds are betting heavily
that crude oil markets will move into a supply deficit and start
to draw down excess stockpiles in 2017.
Read more
that crude oil markets will move into a supply deficit and start
to draw down excess stockpiles in 2017.
Read more
Greek bond yields leap, stocks tumble after zero progress in bailout talks
ATHENS, Jan 27 (Reuters) - Greek 10-year bond yields shot up
and stocks tumbled on Friday, a day after euro zone finance
ministers acknowledged the country's fiscal progress but failed
to break an impasse with the International Monetary Fund over
its future bailout targets.
Read more
and stocks tumbled on Friday, a day after euro zone finance
ministers acknowledged the country's fiscal progress but failed
to break an impasse with the International Monetary Fund over
its future bailout targets.
Read more
Saudi Aramco's oil reserves confirmed by external audit -sources
DUBAI/KHOBAR, Saudi Arabia/LONDON, Jan 27 (Reuters) - The
first independent audit of Saudi Aramco's oil
reserves has confirmed the state oil company's own figures,
sources familiar with the situation said, ahead of its planned
share market listing next year.
Read more
first independent audit of Saudi Aramco's oil
reserves has confirmed the state oil company's own figures,
sources familiar with the situation said, ahead of its planned
share market listing next year.
Read more
UPDATE 1-Honeywell revenue stays flat on weak aerospace, energy sales
Jan 27 (Reuters) - Diversified manufacturer Honeywell
International Inc posted fourth-quarter revenue that was
roughly flat compared with a year earlier, while analysts were
expecting an increase, hurt by weakness in its aerospace and
energy businesses.
Read more
International Inc posted fourth-quarter revenue that was
roughly flat compared with a year earlier, while analysts were
expecting an increase, hurt by weakness in its aerospace and
energy businesses.
Read more
CORRECTED-UPDATE 1-Lebanon relaunches first oil and gas licensing round
BEIRUT, Jan 26 (Reuters) - Lebanon relaunched its first oil
and gas exploration and production licensing round after a
three-year delay, its energy minister said on Thursday,
kick-starting the development of a hydrocarbon industry stalled
by national political paralysis.
Read more
and gas exploration and production licensing round after a
three-year delay, its energy minister said on Thursday,
kick-starting the development of a hydrocarbon industry stalled
by national political paralysis.
Read more
Bosch posts slide in 2016 profits on investments in e-mobility
STUTTGART, Jan 27 (Reuters) - German car parts maker Bosch
reported a slide in profits for 2016 as it invested in
the development of products for connected and electric vehicles.
Read more
reported a slide in profits for 2016 as it invested in
the development of products for connected and electric vehicles.
Read more
Thursday, January 26, 2017
INSIGHT-Red tape chokes off drilling on Native American reservations
FORT BERTHOLD, North Dakota, Jan 27 (Reuters) - When the
U.S. oil boom hit North Dakota a decade ago, wells sprang up
quickly on the edges of the Fort Berthold Indian Reservation, an
expanse of prairie and rolling hills three times larger than Los
Angeles.
Read more
U.S. oil boom hit North Dakota a decade ago, wells sprang up
quickly on the edges of the Fort Berthold Indian Reservation, an
expanse of prairie and rolling hills three times larger than Los
Angeles.
Read more
UPDATE 2-Oil prices dip as rising U.S. output offsets OPEC-led cuts
* U.S. output has risen by 500,000 bpd since June 2016
(Adds comment, start to Lunar New Year, updates prices)
Read more
(Adds comment, start to Lunar New Year, updates prices)
Read more
Native American tribes decry state taxation of reservation energy projects
WASHINGTON, Jan 27 (Reuters) - As some Native American
tribes renew their push for more control over the natural
resources on their lands, they will also urge Congress and
President Donald Trump to prohibit state taxation of energy and
resource development on reservations.
Read more
tribes renew their push for more control over the natural
resources on their lands, they will also urge Congress and
President Donald Trump to prohibit state taxation of energy and
resource development on reservations.
Read more
Oil prices dip as rising U.S. output offsets OPEC-led cuts
SINGAPORE, Jan 27 (Reuters) - Oil prices dipped on Friday,
with rising crude output from the United States offsetting
efforts by OPEC and other producers to cut supplies to prop up
the market.
Read more
with rising crude output from the United States offsetting
efforts by OPEC and other producers to cut supplies to prop up
the market.
Read more
RPT-COLUMN-U.S. gasoline stock build weighs on prices and margins: Kemp
LONDON, Jan 26 (Reuters) - U.S. gasoline stocks are rising
faster than normal for the time of year and are starting to put
pressure on prices and refining margins.
Read more
faster than normal for the time of year and are starting to put
pressure on prices and refining margins.
Read more
UPDATE 2-Peabody gets U.S. court approval to pursue reorganization
ST. LOUIS, Jan 26 (Reuters) - Peabody Energy Corp
, the world's largest private-sector coal miner, can
begin seeking creditor votes for a plan to cut $5 billion of
debt and exit its Chapter 11 bankruptcy, a U.S. bankruptcy judge
said on Thursday.
Read more
, the world's largest private-sector coal miner, can
begin seeking creditor votes for a plan to cut $5 billion of
debt and exit its Chapter 11 bankruptcy, a U.S. bankruptcy judge
said on Thursday.
Read more
Small hole caused Canadian oil pipeline spill -officials
Jan 26 (Reuters) - A small hole on a weld between two
segments of a shallow four-inch pipe has been discovered on a
pipeline that leaked some 200,000 liters (52,834 gallons) of oil
onto aboriginal land in Saskatchewan last week, provincial
officials said on Thursday.
Read more
segments of a shallow four-inch pipe has been discovered on a
pipeline that leaked some 200,000 liters (52,834 gallons) of oil
onto aboriginal land in Saskatchewan last week, provincial
officials said on Thursday.
Read more
Brazil's Petrobras reduces diesel and gasoline prices at refineries
SAO PAULO, Jan 26 (Reuters) - Brazil's state-run oil company
Petroleo Brasileiro SA announced on Thursday it is reducing
diesel and gasoline prices at refineries, reflecting the fall in
international petroleum products prices and the appreciation of
the local currency against the dollar.
Read more
Petroleo Brasileiro SA announced on Thursday it is reducing
diesel and gasoline prices at refineries, reflecting the fall in
international petroleum products prices and the appreciation of
the local currency against the dollar.
Read more
TransCanada re-submits application for Keystone XL pipeline
Jan 26 (Reuters) - TransCanada Corp said on
Thursday it submitted a presidential permit application to the
U.S. Department of State for the approval of the Keystone XL
pipeline.
Read more
Thursday it submitted a presidential permit application to the
U.S. Department of State for the approval of the Keystone XL
pipeline.
Read more
U.S. judge approves Braskem $633 mln fine in record corruption case
NEW YORK, Jan 26 (Reuters) - A U.S. judge on Thursday
sentenced the Brazilian petrochemical company Braskem SA
to pay a $632.6 million criminal fine, in connection
with a corruption case that led to the largest foreign bribery
settlement in U.S. history.
Read more
sentenced the Brazilian petrochemical company Braskem SA
to pay a $632.6 million criminal fine, in connection
with a corruption case that led to the largest foreign bribery
settlement in U.S. history.
Read more
UPDATE 2-Nigeria court orders temporary forfeiture of Shell, Eni oilfield in corruption probe
ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
showed.
Read more
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
showed.
Read more
UPDATE 3-Caterpillar sees '17 profit below expectations as restructuring continues
CHICAGO, Jan 26 (Reuters) - Caterpillar Inc, the
world's largest construction and equipment maker, forecast 2017
profit sharply below analysts' estimates, hurt by sluggish
demand in the construction and energy industries.
Read more
world's largest construction and equipment maker, forecast 2017
profit sharply below analysts' estimates, hurt by sluggish
demand in the construction and energy industries.
Read more
Nigeria court orders temporary transfer of Shell, Eni oilfield
ABUJA, Jan 26 (Reuters) - A Nigerian court has ordered the
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
released on Thursday showed.
Read more
temporary forfeiture of assets and the transfer of operations of
a long-disputed oilfield owned by Shell and Eni
, among others, to the federal government, court papers
released on Thursday showed.
Read more
UPDATE 1-Magellan Midstream says Iowa pipeline still shut after diesel spill
Jan 26 (Reuters) - Magellan Midstream Partners LP
said on Thursday its refined products pipeline in Worth County,
Iowa, remained shut after spilling about 3,300 barrels of
diesel.
Read more
said on Thursday its refined products pipeline in Worth County,
Iowa, remained shut after spilling about 3,300 barrels of
diesel.
Read more
UPDATE 1-EU countries oppose duty extension on Chinese solar panels - sources
* EU-China solar dispute threatened trade war in 2013
(Adds details on duties, background to dispute)
Read more
(Adds details on duties, background to dispute)
Read more
COLUMN-U.S. gasoline stock build weighs on prices and margins: Kemp
LONDON, Jan 26 (Reuters) - U.S. gasoline stocks are rising
faster than normal for the time of year and are starting to put
pressure on prices and refining margins.
Read more
faster than normal for the time of year and are starting to put
pressure on prices and refining margins.
Read more
Saudi Aramco selects U.S. firms to audit its reserves for IPO - sources
DUBAI/KHOBAR, Saudi Arabia/LONDON, Jan 26 (Reuters) - State
oil giant Saudi Aramco has tasked two U.S.
industry leaders in oil reserves auditing to review the content
of its deposits as it pushes ahead with a share listing next
year, industry sources said on Thursday.
Read more
oil giant Saudi Aramco has tasked two U.S.
industry leaders in oil reserves auditing to review the content
of its deposits as it pushes ahead with a share listing next
year, industry sources said on Thursday.
Read more
UPDATE 1-Malaysia's Petronas says RAPID project on track for 2019 start-up
KUALA LUMPUR, Jan 26 (Reuters) - Malaysia's state oil firm
Petroliam Nasional Berhad said on Thursday its new $27
billion refining and petrochemical complex project in the
southeast Asian country is on track for start-up in 2019.
Read more
Petroliam Nasional Berhad said on Thursday its new $27
billion refining and petrochemical complex project in the
southeast Asian country is on track for start-up in 2019.
Read more
UPDATE 1-Court rules villagers cannot sue Shell in London over Nigerian oil spill
LONDON, Jan 26 (Reuters) - Oil major Royal Dutch Shell
cannot be sued in London courts over Nigerian oil spill
allegations, the High Court ruled on Thursday, dealing a setback
to attempts to hold multinationals liable at home for
subsidiaries' activities.
Read more
cannot be sued in London courts over Nigerian oil spill
allegations, the High Court ruled on Thursday, dealing a setback
to attempts to hold multinationals liable at home for
subsidiaries' activities.
Read more
CORRECTED-UPDATE 1-Caterpillar forecasts much lower-than-expected 2017 profit
Jan 26 (Reuters) - Caterpillar Inc, the world's
largest construction and equipment maker, forecast 2017 profit
sharply below analysts' estimates, hurt by sluggish demand in
the construction and energy industries.
Read more
largest construction and equipment maker, forecast 2017 profit
sharply below analysts' estimates, hurt by sluggish demand in
the construction and energy industries.
Read more
UPDATE 1-Baker Hughes expects North America onshore revenue to rise
Jan 26 (Reuters) - Oilfield services provider Baker Hughes
Inc said it expected revenue from its onshore business
in North America to increase in the first half of the year as
customers ramp up drilling activity and pricing improves.
Read more
Inc said it expected revenue from its onshore business
in North America to increase in the first half of the year as
customers ramp up drilling activity and pricing improves.
Read more
UPDATE 1-Brazil police raids former billionaire Batista's home in probe
BRASILIA, Jan 26 (Reuters) - Brazilian police and federal
prosecutors on Thursday issued a detention order against former
billionaire Eike Batista and eight others amid a series of raids
and searches related to the country's worst bribery and graft
probe.
Read more
prosecutors on Thursday issued a detention order against former
billionaire Eike Batista and eight others amid a series of raids
and searches related to the country's worst bribery and graft
probe.
Read more
Qatar investment in Russia to bolster OPEC, non-OPEC ties - Barkindo
MOSCOW, Jan 26 (Reuters) - Qatar's investments in Russia
will further strengthen ties between the Organization of the
Petroleum Exporting Countries and non-member oil producers, OPEC
Secretary-General Mohammed Barkindo told Reuters.
Read more
will further strengthen ties between the Organization of the
Petroleum Exporting Countries and non-member oil producers, OPEC
Secretary-General Mohammed Barkindo told Reuters.
Read more
UK's Kier says half-year underlying organic growth stays strong
Jan 26 (Reuters) - British construction and support services
company Kier Group said it had continued to experience
good underlying organic growth over the last six months of 2016.
Read more
company Kier Group said it had continued to experience
good underlying organic growth over the last six months of 2016.
Read more
UPDATE 1-Unipetrol profits jump after cracker restarted, impairment reversed
PRAGUE, Jan 26 (Reuters) - Czech oil refiner Unipetrol's
fourth-quarter net profit jumped to 4.17 billion
crowns ($166.15 million) after the restart of some facilities
and the reversal of an impairment allowance, the company said on
Thursday.
Read more
fourth-quarter net profit jumped to 4.17 billion
crowns ($166.15 million) after the restart of some facilities
and the reversal of an impairment allowance, the company said on
Thursday.
Read more
Wednesday, January 25, 2017
UPDATE 1-OPEC cuts will not impact Saudi oil supply to Japan -Saudi official
* Saudi's King Salman considers visit to Japan in March
-report
(Adds report on king's visit)
Read more
-report
(Adds report on king's visit)
Read more
OPEC cuts will not impact Saudi oil supply to Japan -Saudi official
TOKYO, Jan 26 (Reuters) - Last year's agreement between OPEC
and non-OPEC countries to cut output will not impact Saudi
Arabia's oil supplies to Japan, Aabed Al-Saadoun, deputy
minister for company affairs at Saudi Arabia's Ministry of
Energy, Industry and Mineral Resources, said on Thursday.
Read more
and non-OPEC countries to cut output will not impact Saudi
Arabia's oil supplies to Japan, Aabed Al-Saadoun, deputy
minister for company affairs at Saudi Arabia's Ministry of
Energy, Industry and Mineral Resources, said on Thursday.
Read more
TransCanada to find out if shippers still behind Keystone XL -report
CALGARY, Alberta, Jan 25 (Reuters) - TransCanada Corp
does not know definitively if shippers are still behind
the recently revived Keystone XL pipeline project and will be
reaching out to them to find out, chief executive Russ Girling
said on Wednesday, according to the Canadian Press.
Read more
does not know definitively if shippers are still behind
the recently revived Keystone XL pipeline project and will be
reaching out to them to find out, chief executive Russ Girling
said on Wednesday, according to the Canadian Press.
Read more
UPDATE 1-TransCanada to find out if shippers still behind Keystone XL
WHISTLER, British Columbia, Jan 25 (Reuters) - TransCanada
Corp does not know definitively if shippers are still
behind the recently revived Keystone XL pipeline project and
will be reaching out to them to find out, chief executive Russ
Girling said on Wednesday.
Read more
Corp does not know definitively if shippers are still
behind the recently revived Keystone XL pipeline project and
will be reaching out to them to find out, chief executive Russ
Girling said on Wednesday.
Read more
UPDATE 1-China's 2016 industrial profits rise most in 3 years on commodities recovery
BEIJING, Jan 25 (Reuters) - Profits for China's industrial
firms rose 8.5 percent in 2016, the most in three years, as a
construction boom fueled a months-long rally in prices of
building materials from steel to cement, giving companies more
flexibility to start chipping away at a mountain of debt.
Read more
firms rose 8.5 percent in 2016, the most in three years, as a
construction boom fueled a months-long rally in prices of
building materials from steel to cement, giving companies more
flexibility to start chipping away at a mountain of debt.
Read more
UPDATE 1-Magellan Midstream shuts Iowa pipeline after 3,300-bbls diesel spill
Jan 25 (Reuters) - Magellan Midstream Partners said
on Wednesday it shut its pipeline in Worth County, Iowa, after
spilling about 3,300 barrels of diesel fuel earlier in the day.
Read more
on Wednesday it shut its pipeline in Worth County, Iowa, after
spilling about 3,300 barrels of diesel fuel earlier in the day.
Read more
UPDATE 1-CSX shareholder backs Harrison for CEO as activist swoops in
NEW YORK/MONTREAL, Jan 25 (Reuters) - A portfolio manager
from an influential shareholder has thrown her support behind a
plan to put railroad industry veteran Hunter Harrison into CSX
Corp's CEO chair with the help of an activist investor.
Read more
from an influential shareholder has thrown her support behind a
plan to put railroad industry veteran Hunter Harrison into CSX
Corp's CEO chair with the help of an activist investor.
Read more
UPDATE 2-Canada oil spill on native land came from Tundra Energy pipeline
TORONTO, Jan 25 (Reuters) - Tundra Energy Marketing Ltd on
Wednesday confirmed its pipeline was the source of a leak of
some 200,000 liters (52,830 gallons) of crude oil onto
aboriginal land in Saskatchewan that was discovered by a member
of the community last week.
Read more
Wednesday confirmed its pipeline was the source of a leak of
some 200,000 liters (52,830 gallons) of crude oil onto
aboriginal land in Saskatchewan that was discovered by a member
of the community last week.
Read more
Plans to remove nuclear fuel at Fukushima delayed again - Nikkei
Jan 26 (Reuters) - A plan to remove spent nuclear fuel from
Tokyo Electric Power Co Holdings Inc's Fukushima
Daiichi nuclear plant hit by the March 2011 tsunami has been
postponed again due to delays in preparation, the Nikkei
business daily reported on Thursday.
Read more
Tokyo Electric Power Co Holdings Inc's Fukushima
Daiichi nuclear plant hit by the March 2011 tsunami has been
postponed again due to delays in preparation, the Nikkei
business daily reported on Thursday.
Read more
Tundra confirms source of Canadian oil spill onto native land
TORONTO, Jan 25 (Reuters) - Tundra Energy Marketing Ltd on
Wednesday confirmed its pipeline as the source of leak of some
200,000 liters of crude oil onto aboriginal land in
Saskatchewan, the company's president said on Wednesday.
Read more
Wednesday confirmed its pipeline as the source of leak of some
200,000 liters of crude oil onto aboriginal land in
Saskatchewan, the company's president said on Wednesday.
Read more
UPDATE 1-Brazil yellow fever outbreak kills 40
BRASILIA, Jan 25 (Reuters) - Public health officials in
Brazil are working to stop an outbreak of yellow fever that has
killed at least 40 people from becoming an epidemic and urged
people in nine states on Thursday to seek vaccinations.
Read more
Brazil are working to stop an outbreak of yellow fever that has
killed at least 40 people from becoming an epidemic and urged
people in nine states on Thursday to seek vaccinations.
Read more
UPDATE 2-Shares of materials companies up on Trump wall, pipeline plans
Jan 25 (Reuters) - Share prices surged on Wednesday for U.S.
companies that could benefit from U.S. President Trump's plans
to push ahead with a border wall with Mexico and his approval of
key energy pipeline expansion projects.
Read more
companies that could benefit from U.S. President Trump's plans
to push ahead with a border wall with Mexico and his approval of
key energy pipeline expansion projects.
Read more
UPDATE 1-U.S. EPA spokesman says website review underway -media report
WASHINGTON, Jan 25 (Reuters) - Officials from President
Donald Trump's administration are currently reviewing the
content of the U.S. Environmental Protection Agency's website,
but have no immediate plans to remove the website content on
climate change, The Hill quoted an EPA spokesman as saying on
Wednesday.
Read more
Donald Trump's administration are currently reviewing the
content of the U.S. Environmental Protection Agency's website,
but have no immediate plans to remove the website content on
climate change, The Hill quoted an EPA spokesman as saying on
Wednesday.
Read more
Buffett's BNSF cuts ethanol shipper costs amid push for safer train cars
NEW YORK, Jan 25 (Reuters) - BNSF Railway Co will start
offering discounts to ethanol shippers this April if they agree
to use new, safer train cars, as it pushes to scrub
puncture-prone ones from its rail lines at a faster pace than
required by U.S. regulations.
Read more
offering discounts to ethanol shippers this April if they agree
to use new, safer train cars, as it pushes to scrub
puncture-prone ones from its rail lines at a faster pace than
required by U.S. regulations.
Read more
UPDATE 1-Kuwait minister calls for dialogue between Iran, Gulf states in rare visit
BEIRUT, Jan 25 (Reuters) - Kuwait's foreign minister made a
rare visit to Tehran on Wednesday and called for frank dialogue
between Iran and its regional neighbours, the Islamic Republic
News Agency (IRNA) reported.
Read more
rare visit to Tehran on Wednesday and called for frank dialogue
between Iran and its regional neighbours, the Islamic Republic
News Agency (IRNA) reported.
Read more
Republicans to kill U.S. rules on corruption, environment, labor and guns next week
WASHINGTON, Jan 25 (Reuters) - Congressional Republicans are
set to overturn a slew of Obama-era regulations next week,
including a controversial anti-bribery rule aimed at U.S.
resource companies such as Exxon Mobil Corp and Chevron
Corp, according to a top lawmaker.
Read more
set to overturn a slew of Obama-era regulations next week,
including a controversial anti-bribery rule aimed at U.S.
resource companies such as Exxon Mobil Corp and Chevron
Corp, according to a top lawmaker.
Read more
HIGHLIGHTS-The Trump presidency on Jan. 25
Jan 25 (Reuters) - U.S. President Donald Trump on Wednesday
is expected to address two major themes of his campaign -
limiting refugees entering the country and a wall on the Mexican
border.
Read more
is expected to address two major themes of his campaign -
limiting refugees entering the country and a wall on the Mexican
border.
Read more
Trump administration likely to review EPA scientists' work - NPR
WASHINGTON, Jan 25 (Reuters) - Scientific findings by U.S.
Environmental Protection Agency staff will likely face a
case-by-case review by the Trump administration before being
released, a spokesman for President Donald Trump's transition
team told NPR in an interview published on Wednesday.
Read more
Environmental Protection Agency staff will likely face a
case-by-case review by the Trump administration before being
released, a spokesman for President Donald Trump's transition
team told NPR in an interview published on Wednesday.
Read more
Kuwait minister calls for dialogue between Iran, Gulf states in rare visit to Tehran
BEIRUT, Jan 25 (Reuters) - Kuwait's foreign minister made a
rare visit to Tehran on Wednesday and called for frank dialogue
between Iran and its regional neighbours, the Islamic Republic
News Agency (IRNA) reported.
Read more
rare visit to Tehran on Wednesday and called for frank dialogue
between Iran and its regional neighbours, the Islamic Republic
News Agency (IRNA) reported.
Read more
France agrees second power link with UK, despite Brexit
PARIS, Jan 25 (Reuters) - French energy markets regulator
CRE has approved a planned second power link between France and
the United Kingdom after consulting stakeholders, saying the
project was still viable and needed despite Britain's decision
to leave the EU.
Read more
CRE has approved a planned second power link between France and
the United Kingdom after consulting stakeholders, saying the
project was still viable and needed despite Britain's decision
to leave the EU.
Read more
UPDATE 1-U.S. gasoline stockpiles build for fourth week on weak demand
Jan 25 (Reuters) - Inventories of gasoline rose sharply in
the United States for the fourth straight week amid
weaker-than-usual demand, while crude oil stocks were also
higher, the Energy Information Administration said on Wednesday.
Read more
the United States for the fourth straight week amid
weaker-than-usual demand, while crude oil stocks were also
higher, the Energy Information Administration said on Wednesday.
Read more
UPDATE 2-Oil producer Hess posts smaller-than-expected loss
Jan 25 (Reuters) - U.S. oil producer Hess Corp
posted a smaller-than-expected quarterly loss on Wednesday,
helped by cost cuts, and executives forecast a rebound in
activity this year as crude prices edge higher.
Read more
posted a smaller-than-expected quarterly loss on Wednesday,
helped by cost cuts, and executives forecast a rebound in
activity this year as crude prices edge higher.
Read more
Algerian firm signs $300 mln farming deal with U.S. group
ALGIERS, Jan 25 (Reuters) - An Algerian company has signed a
deal with a U.S. group to set up agricultural projects worth
$300 million in the North African country as it seeks to reduce
dependence on imports, Algeria's agriculture ministry said on
Wednesday.
Read more
deal with a U.S. group to set up agricultural projects worth
$300 million in the North African country as it seeks to reduce
dependence on imports, Algeria's agriculture ministry said on
Wednesday.
Read more
UPDATE 1-Freeport-McMoRan profit falls short but gold sales seen doubling
Jan 25 (Reuters) - U.S. miner Freeport-McMoRan Inc
reported a lower-than-expected profit on Wednesday but said it
would double gold sales to 2.2 million ounces this year, while
selling less copper.
Read more
reported a lower-than-expected profit on Wednesday but said it
would double gold sales to 2.2 million ounces this year, while
selling less copper.
Read more
UK PM May says hopes all parties stick to Paris climate agreement
LONDON, Jan 25 (Reuters) - British Prime Minister Theresa
May said on Wednesday she hoped all countries involved in the
Paris Climate Agreement would ensure it is implemented.
Read more
May said on Wednesday she hoped all countries involved in the
Paris Climate Agreement would ensure it is implemented.
Read more
Freeport-McMoran reports quarterly profit vs. year-earlier loss
Jan 25 (Reuters) - Diversified U.S. miner Freeport-McMoRan
Inc reported a fourth-quarter profit, compared with a
year-ago loss, when it recorded $4.1 billion in one-time
charges.
Read more
Inc reported a fourth-quarter profit, compared with a
year-ago loss, when it recorded $4.1 billion in one-time
charges.
Read more
UPDATE 2-Saudi Aramco shelves plan for joint venture with Malaysia's Petronas -sources
KUWAIT, Jan 25 (Reuters) - Saudi Aramco has
shelved plans for a partnership with Malaysian state-oil firm
Petroliam Nasional Berhad in a $27 billion refining
and petrochemical project in the southeast Asian country,
industry sources familiar with the matter told Reuters on
Wednesday.
Read more
shelved plans for a partnership with Malaysian state-oil firm
Petroliam Nasional Berhad in a $27 billion refining
and petrochemical project in the southeast Asian country,
industry sources familiar with the matter told Reuters on
Wednesday.
Read more
COLUMN-Trump probably can't require pipelines to use U.S. steel: Kemp
LONDON, Jan 25 (Reuters) - President Donald Trump on Tuesday
invited the promoter of the Keystone XL pipeline to re-submit
its application for a permit and promised an expeditious review.
Read more
invited the promoter of the Keystone XL pipeline to re-submit
its application for a permit and promised an expeditious review.
Read more
Saudi Aramco shelves plans for venture with Malaysia's Petronas -sources
KUWAIT, Jan 25 (Reuters) - State oil giant Saudi Aramco
has shelved plans for a multi-billion-dollar
refining and petrochemical joint venture with Malaysia's
Petronas, industry sources familiar with the matter
told Reuters on Wednesday.
Read more
has shelved plans for a multi-billion-dollar
refining and petrochemical joint venture with Malaysia's
Petronas, industry sources familiar with the matter
told Reuters on Wednesday.
Read more
South Africa's Kumba Iron Ore profit forecast lifts shares
JOHANNESBURG, Jan 25 (Reuters) - Kumba Iron Ore,
which Anglo American has put up for sale, said
on Wednesday its profit more than doubled for the year, setting
it up to outstrip forecasts when it reports earnings next month.
Read more
which Anglo American has put up for sale, said
on Wednesday its profit more than doubled for the year, setting
it up to outstrip forecasts when it reports earnings next month.
Read more
GE proposes investing in Nigeria's ailing oil refineries
LAGOS, Jan 25 (Reuters) - General Electric Co has
proposed investing in Nigeria's oil refineries, potentially
convening a consortium of companies to improve capacity at the
run-down facilities.
Read more
proposed investing in Nigeria's oil refineries, potentially
convening a consortium of companies to improve capacity at the
run-down facilities.
Read more
Tuesday, January 24, 2017
FEATURE-Home-grown Kenyan solar farm powers computers - and protects girls
OLOSHO-OIBOR, Kenya, Jan 25 (Thomson Reuters Foundation) -
When the first few residents of this village in the Ngong hills
installed solar panels, nearly a decade ago, the only aim was to
power their own homes, as their town had no connection to the
national power grid.
Read more
When the first few residents of this village in the Ngong hills
installed solar panels, nearly a decade ago, the only aim was to
power their own homes, as their town had no connection to the
national power grid.
Read more
Gas usage hits record highs in Tokyo, Osaka as cold bites Japan
TOKYO, Jan 25 (Reuters) - Gas usage in Japan, the world's
biggest importer of the fuel in liquid form, this week hit daily
records in the cities of Tokyo and Osaka, with residents
cranking up heating as a cold snap grips the country.
Read more
biggest importer of the fuel in liquid form, this week hit daily
records in the cities of Tokyo and Osaka, with residents
cranking up heating as a cold snap grips the country.
Read more
Trump administration tells EPA to cut climate page from website -sources
WASHINGTON, Jan 24 (Reuters) - U.S. President Donald Trump's
administration has instructed the Environmental Protection
Agency to remove the climate change page from its website, two
agency employees told Reuters, the latest move by the newly
minted leadership to erase ex-President Barack Obama's climate
change initiatives.
Read more
administration has instructed the Environmental Protection
Agency to remove the climate change page from its website, two
agency employees told Reuters, the latest move by the newly
minted leadership to erase ex-President Barack Obama's climate
change initiatives.
Read more
UPDATE 5-Trump administration seeks to muzzle U.S. agency employees
WASHINGTON/CHICAGO, Jan 24 (Reuters) - U.S. President Donald
Trump's administration has moved in the past week to curb the
flow of information from several government agencies involved in
environmental issues in actions that may have been designed to
discourage dissenting views.
Read more
Trump's administration has moved in the past week to curb the
flow of information from several government agencies involved in
environmental issues in actions that may have been designed to
discourage dissenting views.
Read more
RPT-COLUMN-Shale revival looms over oil prices and spreads: Kemp
LONDON, Jan 24 (Reuters) - Saudi Arabia's energy minister
has predicted production cuts by OPEC and non-OPEC countries
will reduce global oil inventories by 300 million barrels by the
middle of 2017.
Read more
has predicted production cuts by OPEC and non-OPEC countries
will reduce global oil inventories by 300 million barrels by the
middle of 2017.
Read more
UPDATE 2-Workers at Chile's Escondida reject wage offer, strike looms
* BHP maintains Escondida output forecast for FY2017
(Adds BHP comment, Escondida operations details)
Read more
(Adds BHP comment, Escondida operations details)
Read more
Oil eases after 4-day gain, U.S. inventories weigh
SINGAPORE, Jan 25 (Reuters) - Oil edged lower on Wednesday,
snapping four sessions of gains as an increase in U.S.
inventories weighed on the market, offsetting bullish momentum
from production cuts announced by OPEC and other producers.
Read more
snapping four sessions of gains as an increase in U.S.
inventories weighed on the market, offsetting bullish momentum
from production cuts announced by OPEC and other producers.
Read more
CANADA STOCKS-TSX nears record high as Trump smoothes path for Keystone XL
TORONTO, Jan 24 (Reuters) - Canada's main stock index moved
within reach of its all-time high on Tuesday as base metal and
oil prices rose and U.S. President Donald Trump smoothed the
path for TransCanada Corp's Keystone XL pipeline.
Read more
within reach of its all-time high on Tuesday as base metal and
oil prices rose and U.S. President Donald Trump smoothed the
path for TransCanada Corp's Keystone XL pipeline.
Read more
UPDATE 1-Shell, Phillips 66 buy 6.4 mln bbls of oil from U.S. emergency reserve
WASHINGTON, Jan 24 (Reuters) - Oil companies Shell
and Phillips 66 together bought 6.4 million barrels of
oil last week from the Strategic Petroleum Reserve (SPR),
according to a Department of Energy document released on
Tuesday.
Read more
and Phillips 66 together bought 6.4 million barrels of
oil last week from the Strategic Petroleum Reserve (SPR),
according to a Department of Energy document released on
Tuesday.
Read more
Brazil's Petrobras says investors are suing its subsidiaries in Netherlands
SAO PAULO, Jan 24 (Reuters) - Brazil's state-run oil
company, Petroleo Brasileiro SA, said on Tuesday in a
securities filing that a group of investors is suing two of its
subsidiaries in a court in the Netherlands.
Read more
company, Petroleo Brasileiro SA, said on Tuesday in a
securities filing that a group of investors is suing two of its
subsidiaries in a court in the Netherlands.
Read more
UPDATE 1-In Trump freeze, U.S. agencies delay rules affecting farm towns
NEW YORK/CHICAGO, Jan 24 (Reuters) - The Environmental
Protection Agency will delay implementation of the Renewable
Fuels Standard and the Agriculture Department will pause rules
affecting livestock as part of a freeze on regulations imposed
by President Donald Trump's administration, trade groups said on
Tuesday.
Read more
Protection Agency will delay implementation of the Renewable
Fuels Standard and the Agriculture Department will pause rules
affecting livestock as part of a freeze on regulations imposed
by President Donald Trump's administration, trade groups said on
Tuesday.
Read more
Shell, Phillips 66 buy oil from U.S. emergency reserve
WASHINGTON, Jan 24 (Reuters) - Oil companies Shell
and Phillips 66 bought more than 6 million barrels of
oil last week from the Strategic Petroleum Reserve, according to
a Department of Energy document released on Tuesday.
Read more
and Phillips 66 bought more than 6 million barrels of
oil last week from the Strategic Petroleum Reserve, according to
a Department of Energy document released on Tuesday.
Read more
Renewable fuels group sees no big change to blending rules under Trump
NEW YORK, Jan 24 (Reuters) - The Renewable Fuels Association
said on Tuesday it does not expect a procedural delay to the
implementation of the Environmental Protection Agency's
Renewable Fuels Standard to lead to any significant change to
the rule itself.
Read more
said on Tuesday it does not expect a procedural delay to the
implementation of the Environmental Protection Agency's
Renewable Fuels Standard to lead to any significant change to
the rule itself.
Read more
Crews seek source of Saskatchewan oil spill on aboriginal land
TORONTO, Jan 24 (Reuters) - The oil spill clean up on an
aboriginal reserve in western Canada continued on Tuesday as
crews prepared to excavate the site to determine the source of
the leak, the provincial government said.
Read more
aboriginal reserve in western Canada continued on Tuesday as
crews prepared to excavate the site to determine the source of
the leak, the provincial government said.
Read more
UPDATE 1-PM Abadi says Iraq's oil is for Iraqis, in reaction to Trump
BAGHDAD, Jan 24 (Reuters) - Iraq's oil is the property of
Iraqis, Prime Minister Haider al-Abadi said on Tuesday, in
reaction to U.S. President Donald Trump who argued that the
United States should have taken possession of the nation's crude
reserves.
Read more
Iraqis, Prime Minister Haider al-Abadi said on Tuesday, in
reaction to U.S. President Donald Trump who argued that the
United States should have taken possession of the nation's crude
reserves.
Read more
Standing Rock Sioux tribe opposes Trump order on Dakota pipeline -statement
Jan 24 (Reuters) - The Standing Rock Sioux tribe in a
statement on Tuesday said it opposed U.S. President Donald
Trump's executive order that would allow the Dakota Access
Pipeline to move forward.
Read more
statement on Tuesday said it opposed U.S. President Donald
Trump's executive order that would allow the Dakota Access
Pipeline to move forward.
Read more
CANADA STOCKS-TSX rises as Keystone owner leads energy gains
TORONTO, Jan 24 (Reuters) - Canada's main stock index rose
on Tuesday as energy stocks broadly gained with higher oil
prices and as TransCanada Corp got a boost from signs
its Keystone XL pipeline could yet move forward.
Read more
on Tuesday as energy stocks broadly gained with higher oil
prices and as TransCanada Corp got a boost from signs
its Keystone XL pipeline could yet move forward.
Read more
UPDATE 1-France, Saudi hope Syria talks lead to Geneva resumption
RIYADH, Jan 24 (Reuters) - Saudi Arabia and France, both
backers of Syrian rebels, said on Tuesday they hoped Syrian
truce talks in Astana would lead to a resumption of U.N.-led
peace efforts in Geneva and more aid to civilians suffering from
five years of war.
Read more
backers of Syrian rebels, said on Tuesday they hoped Syrian
truce talks in Astana would lead to a resumption of U.N.-led
peace efforts in Geneva and more aid to civilians suffering from
five years of war.
Read more
UPDATE 1-Trump to advance Keystone, Dakota Access pipelines -administration official
NEW YORK, Jan 24 (Reuters) - U.S. President Donald Trump
plans to sign two executive actions on Tuesday to advance
construction of the Keystone XL and Dakota Access pipelines, an
administration official told Reuters.
Read more
plans to sign two executive actions on Tuesday to advance
construction of the Keystone XL and Dakota Access pipelines, an
administration official told Reuters.
Read more
HIGHLIGHTS-The Trump presidency on Jan. 24
U.S. President Donald Trump met with auto executives on Tuesday
to push his corporate agenda. Highlights of the day follow:
Read more
to push his corporate agenda. Highlights of the day follow:
Read more
Unfazed by Trump, Innogy sticks with U.S. wind expansion plans
BERLIN, Jan 24 (Reuters) - Innogy, Germany's
largest energy group, sees no reason to scrap plans to enter the
U.S. onshore wind market, its chief executive said, unimpressed
by worries over future support of renewables in the wake of
Donald Trump's presidency.
Read more
largest energy group, sees no reason to scrap plans to enter the
U.S. onshore wind market, its chief executive said, unimpressed
by worries over future support of renewables in the wake of
Donald Trump's presidency.
Read more
COLUMN-Shale revival looms over oil prices and spreads: Kemp
LONDON, Jan 24 (Reuters) - Saudi Arabia's energy minister
has predicted production cuts by OPEC and non-OPEC countries
will reduce global oil inventories by 300 million barrels by the
middle of 2017.
Read more
has predicted production cuts by OPEC and non-OPEC countries
will reduce global oil inventories by 300 million barrels by the
middle of 2017.
Read more
In message to Trump, EU says will remain top investor against climate change
BRUSSELS, Jan 24 (Reuters) - The European Investment Bank,
the EU's lending institution, will maintain a target of
investing around 20 billion dollars a year to fight climate
change over the next five years, it said on Tuesday, sending a
warning to climate sceptics.
Read more
the EU's lending institution, will maintain a target of
investing around 20 billion dollars a year to fight climate
change over the next five years, it said on Tuesday, sending a
warning to climate sceptics.
Read more
UK offshore wind costs fall nearly a third in four years - report
LONDON, Jan 24 (Reuters) - The cost of producing electricity
from wind farms off the coast of Britain has fallen 32 percent
in the past four years, meeting a government target four years
early, an industry report released on Tuesday said.
Read more
from wind farms off the coast of Britain has fallen 32 percent
in the past four years, meeting a government target four years
early, an industry report released on Tuesday said.
Read more
UPDATE 5-Oil steady on OPEC cuts, U.S. output recovery
* Higher prices spur more U.S. drilling and oil production
(Updates detail and updates prices, paragraphs 1-2)
Read more
(Updates detail and updates prices, paragraphs 1-2)
Read more
UPDATE 1-Rio Tinto sells coal assets to China's Yancoal for up to $2.45 bln
* Deal must still be approved by Chinese, Australian
regulators
(Adds quotes, divestment program)
Read more
regulators
(Adds quotes, divestment program)
Read more
China safety agency says 'illegal' output led to fatalities at state coal mine
BEIJING, Jan 24 (Reuters) - China's State Administration of
Work Safety said on Tuesday that "illegal" ramped-up output and
poor maintenance at a state-owned coal mine in Shanxi province
led to an accident that killed 10 workers last week.
Read more
Work Safety said on Tuesday that "illegal" ramped-up output and
poor maintenance at a state-owned coal mine in Shanxi province
led to an accident that killed 10 workers last week.
Read more
Monday, January 23, 2017
UPDATE 1-New Australian body fuels concerns DUET deal could be blocked
* Local ownership requirements could be imposed - bankers
(Recasts, adds analyst and fund manager comments)
Read more
(Recasts, adds analyst and fund manager comments)
Read more
Senate energy panel delays Tuesday votes on Perry and Zinke
WASHINGTON, Jan 23 (Reuters) - The Senate energy committee
said late Monday it had delayed "until further notice" a meeting
on Tuesday in which the panel had been slated to vote on
President Donald Trump's nominee for secretary of the interior,
Rep. Ryan Zinke, and his pick for secretary of energy, Rick
Perry.
Read more
said late Monday it had delayed "until further notice" a meeting
on Tuesday in which the panel had been slated to vote on
President Donald Trump's nominee for secretary of the interior,
Rep. Ryan Zinke, and his pick for secretary of energy, Rick
Perry.
Read more
Australia shares higher on metal prices; NZ falls
Jan 24 (Reuters) - Australian shares rose on Tuesday, lifted
by materials, as a weaker U.S. dollar boosted copper and gold
prices.
Read more
by materials, as a weaker U.S. dollar boosted copper and gold
prices.
Read more
DUET Group shares fall amid concerns Australia will block CKI's bid
SYDNEY, Jan 24 (Reuters) - DUET Group shares have
fallen by 5.5 percent over the last week amid growing market
concerns the Australian government will block or impose
restrictive conditions on Hong Kong's Cheung Kong Infrastructure
Holdings' (CKI) $5.5 billion takeover offer for the
utilities group.
Read more
fallen by 5.5 percent over the last week amid growing market
concerns the Australian government will block or impose
restrictive conditions on Hong Kong's Cheung Kong Infrastructure
Holdings' (CKI) $5.5 billion takeover offer for the
utilities group.
Read more
RPT-COLUMN-U.S. shale oil and gas sector surges back to life: Kemp
LONDON, Jan 23 (Reuters) - The number of rigs drilling for
oil and gas in the United States has recorded the largest
one-week increase for over five years, confirming a rapid upturn
is now underway.
Read more
oil and gas in the United States has recorded the largest
one-week increase for over five years, confirming a rapid upturn
is now underway.
Read more
RPT-UPDATE 1-Peabody reorganization at risk from Wyoming litigation -court paper
NEW YORK, Jan 23 (Reuters) - Peabody Energy Corp's
plan to emerge from Chapter 11 bankruptcy faces a
"material risk" that the U.S. coal producer could suffer a $1
billion revenue loss due to a disputed lease at the world's
largest coal mine, according to an objection filed to its
reorganization plan.
Read more
plan to emerge from Chapter 11 bankruptcy faces a
"material risk" that the U.S. coal producer could suffer a $1
billion revenue loss due to a disputed lease at the world's
largest coal mine, according to an objection filed to its
reorganization plan.
Read more
UPDATE 2-Canada oil pipeline spills 200,000 liters on aboriginal land
CALGARY, Alberta/TORONTO, Jan 23 (Reuters) - A pipeline in
the western Canadian province of Saskatchewan has leaked 200,000
liters (52,834 gallons) of oil in an aboriginal community, the
provincial government said on Monday.
Read more
the western Canadian province of Saskatchewan has leaked 200,000
liters (52,834 gallons) of oil in an aboriginal community, the
provincial government said on Monday.
Read more
UPDATE 1-Southern California Gas urges customers to cut natural gas use
Jan 23 (Reuters) - Southern California Gas Co (SoCalGas) on
Monday urged customers to reduce their use of natural gas until
further notice, to lower the risk of shortages of gas and
electricity as cold weather blanketed its service area.
Read more
Monday urged customers to reduce their use of natural gas until
further notice, to lower the risk of shortages of gas and
electricity as cold weather blanketed its service area.
Read more
Hedge fund Viking retools stock picking after big losses
BOSTON, Jan 23 (Reuters) - Smarting from its biggest-ever
yearly loss, hedge fund Viking Global Investors has reordered
its stock picking team and plans to invest more money in
financial and consumer stocks and less in pharmaceutical stocks,
its co-founder told clients.
Read more
yearly loss, hedge fund Viking Global Investors has reordered
its stock picking team and plans to invest more money in
financial and consumer stocks and less in pharmaceutical stocks,
its co-founder told clients.
Read more
State Grid takes formal ownership of Brazil's CPFL controlling stakes
SAO PAULO, Jan 23 (Reuters) - State Grid Corp of China
on Monday took formal ownership of controlling stakes
in Brazilian power utility CPFL Energia SA, five months after
having signed the agreement for the acquisition.
Read more
on Monday took formal ownership of controlling stakes
in Brazilian power utility CPFL Energia SA, five months after
having signed the agreement for the acquisition.
Read more
Brazil's CPFL stake handover to State Grid to trigger minority buyout -source
SAO PAULO, Jan 23 (Reuters) - Former shareholders of
Brazil's CPFL Energia SA have handed over ownership
of their stakes to State Grid Corp of China on Monday, which
will automatically trigger a buyout of minority stakeholders, a
person familiar with the matter said.
Read more
Brazil's CPFL Energia SA have handed over ownership
of their stakes to State Grid Corp of China on Monday, which
will automatically trigger a buyout of minority stakeholders, a
person familiar with the matter said.
Read more
Forbes Energy eyes quick emergence from prepackaged Chapter 11
CHICAGO, Jan 23 (Reuters) - U.S. oilfield services company
Forbes Energy Services Ltd said it expected to
"promptly" emerge from bankruptcy after filing a Chapter 11 plan
on Monday with a prepackaged deal to exchange $280 million of
debt for equity.
Read more
Forbes Energy Services Ltd said it expected to
"promptly" emerge from bankruptcy after filing a Chapter 11 plan
on Monday with a prepackaged deal to exchange $280 million of
debt for equity.
Read more
UPDATE 2-Peru will not compensate Odebrecht for natgas pipeline project
LIMA, Jan 23 (Reuters) - The government of Peru said on
Monday that it will not compensate an Odebrecht-led consortium
for investments made in a $5 billion natural gas pipeline
project after it rescinds the contract over a missed financing
deadline.
Read more
Monday that it will not compensate an Odebrecht-led consortium
for investments made in a $5 billion natural gas pipeline
project after it rescinds the contract over a missed financing
deadline.
Read more
Mine cleanup concerns lead objections to Peabody bankruptcy plan
CHICAGO, Jan 23 (Reuters) - Indiana and several
environmental groups are objecting to a plan by Peabody Energy
Corp to exit its $8 billion Chapter 11 bankruptcy,
citing concerns over how the company will cover about $1 billion
in future mine cleanup costs.
Read more
environmental groups are objecting to a plan by Peabody Energy
Corp to exit its $8 billion Chapter 11 bankruptcy,
citing concerns over how the company will cover about $1 billion
in future mine cleanup costs.
Read more
CANADA STOCKS-Energy stocks lead broad declines, miners buck trend
TORONTO, Jan 23 (Reuters) - Canada's main stock index fell
on Monday as energy companies retreated along with lower oil
prices, while mining shares bucked a broadly weaker trend on
higher metal prices.
Read more
on Monday as energy companies retreated along with lower oil
prices, while mining shares bucked a broadly weaker trend on
higher metal prices.
Read more
UPDATE 1-Hardline party on front line of Venezuelan political war
CARACAS, Jan 23 (Reuters) - Visitors to the headquarters of
Venezuela's Popular Will party are greeted by large photos of
global political heroes from Nelson Mandela to Mahatma Gandhi.
Read more
Venezuela's Popular Will party are greeted by large photos of
global political heroes from Nelson Mandela to Mahatma Gandhi.
Read more
UK launches industry strategy to counter any Brexit turbulence
LONDON, Jan 23 (Reuters) - Britain published the outline of
its industrial strategy on Monday, putting forward proposals for
a more hands-on approach to developing key industries as a way
to protect the economy from any turbulence caused by leaving the
European Union.
Read more
its industrial strategy on Monday, putting forward proposals for
a more hands-on approach to developing key industries as a way
to protect the economy from any turbulence caused by leaving the
European Union.
Read more
UPDATE 1-Halliburton warns of weakness in international markets
Jan 23 (Reuters) - Halliburton Co, the world's No. 2
oilfield services provider, on Monday warned of weakness in
markets outside of North America, echoing comments made by
larger rival Schlumberger last week.
Read more
oilfield services provider, on Monday warned of weakness in
markets outside of North America, echoing comments made by
larger rival Schlumberger last week.
Read more
UPDATE 1-Iraq has cut 180,000 bpd as part of OPEC oil deal - minister
LONDON, Jan 23 (Reuters) - Iraq has reduced its oil
production by around 180,000 barrels per day and plans to cut a
further 30,000 bpd before the end of the month, the OPEC
member's oil minister said on Monday.
Read more
production by around 180,000 barrels per day and plans to cut a
further 30,000 bpd before the end of the month, the OPEC
member's oil minister said on Monday.
Read more
Hardline party on front line of Venezuelan political war
CARACAS, Jan 23 (Reuters) - Visitors to the headquarters of
Venezuela's Popular Will party are greeted by large photos of
global political heroes from Nelson Mandela to Mahatma Gandhi.
Read more
Venezuela's Popular Will party are greeted by large photos of
global political heroes from Nelson Mandela to Mahatma Gandhi.
Read more
Above normal temperatures for most of Europe Feb-April-The Weather Company
LONDON, Jan 23 (Reuters) - Most of Europe, except for
Britain and the Iberian region, is expected to experience above
normal temperatures from February to April, The Weather Company
said on Monday.
Read more
Britain and the Iberian region, is expected to experience above
normal temperatures from February to April, The Weather Company
said on Monday.
Read more
China approves first list of green car models for subsidies this year
BEIJING, Jan 23 (Reuters) - China released on Monday this
year's first list of "recommended" green energy vehicles, paving
the way for 185 car models to receive government subsidies.
Read more
year's first list of "recommended" green energy vehicles, paving
the way for 185 car models to receive government subsidies.
Read more
UPDATE 1-Rig builder Lamprell sees lower revenue, tightens purse strings
Jan 23 (Reuters) - Oil-rig builder Lamprell Plc said
it would continue to maintain a tight rein on costs as it stuck
to its guidance of lower 2017 revenue and pointed to a
"particularly cautious environment" for the year ahead.
Read more
it would continue to maintain a tight rein on costs as it stuck
to its guidance of lower 2017 revenue and pointed to a
"particularly cautious environment" for the year ahead.
Read more
Sunday, January 22, 2017
China Dec diesel imports up 166.1 pct y/y - customs
BEIJING, Jan 23 (Reuters) - China's December diesel imports
rose 166.1 percent from the same month a year earlier to 110,000
tonnes, customs data showed on Monday, while kerosene imports
fell 2.3 percent on the year to 290,000 tonnes.
Read more
rose 166.1 percent from the same month a year earlier to 110,000
tonnes, customs data showed on Monday, while kerosene imports
fell 2.3 percent on the year to 290,000 tonnes.
Read more
COLUMN-China's crude oil futures dilemma - control or success?: Russell
LAUNCESTON, Australia, Jan 23 (Reuters) - The quiet demise
of China's plans to launch a new crude oil futures contract
shows the innate conflict of wanting the financial clout that
comes with being the world's biggest commodity buyer, but also
seeking to control the market.
Read more
of China's plans to launch a new crude oil futures contract
shows the innate conflict of wanting the financial clout that
comes with being the world's biggest commodity buyer, but also
seeking to control the market.
Read more
CORRECTED-Oil edges up after producer meeting, but high U.S. output weighs
SINGAPORE, Jan 23 (Reuters) - Oil prices edged up on Monday,
supported by statements from oil producers over the weekend that
an output cut was being successfully implemented, but markets
were held back by a surge in drilling that suggested U.S.
production would rise further.
Read more
supported by statements from oil producers over the weekend that
an output cut was being successfully implemented, but markets
were held back by a surge in drilling that suggested U.S.
production would rise further.
Read more
UPDATE 1-Canada is not the focus of Trump team's trade worries -envoy
CALGARY, Alberta, Jan 22 (Reuters) - The Trump
administration's main concerns about trade revolve around
deficits with Mexico and China, Canada's ambassador to the
United States told reporters on Sunday, saying his country was
not the focus of U.S. efforts to renegotiate NAFTA.
Read more
administration's main concerns about trade revolve around
deficits with Mexico and China, Canada's ambassador to the
United States told reporters on Sunday, saying his country was
not the focus of U.S. efforts to renegotiate NAFTA.
Read more
Canada is not the focus of Trump team's trade worries -envoy
CALGARY, Alberta, Jan 22 (Reuters) - The Trump
administration's main concerns about trade are the U.S. deficits
with Mexico and China, Canada's ambassador to the United States
said on Sunday, adding: "I don't think Canada is the focus at
all."
Read more
administration's main concerns about trade are the U.S. deficits
with Mexico and China, Canada's ambassador to the United States
said on Sunday, adding: "I don't think Canada is the focus at
all."
Read more
UPDATE 1-Australia to boost protection of critical infrastructure
SYDNEY, Jan 23 (Reuters) - The Australian government is
drawing up a list of key infrastructure assets, including power
grids and ports and has set up a new body that will scrutinise
foreign-led bids to see if there are national security issues,
it said on Monday.
Read more
drawing up a list of key infrastructure assets, including power
grids and ports and has set up a new body that will scrutinise
foreign-led bids to see if there are national security issues,
it said on Monday.
Read more
UPDATE 1-UK seeks interventionist approach to drive post-Brexit industrial revival
LONDON, Jan 22 (Reuters) - Britain will on Monday outline a
new, interventionist approach to balancing its heavily
services-based economy for the post-Brexit era, seeking to
reinvigorate industrial production and stimulate investment in
technology and R&D.
Read more
new, interventionist approach to balancing its heavily
services-based economy for the post-Brexit era, seeking to
reinvigorate industrial production and stimulate investment in
technology and R&D.
Read more
UPDATE 1-Trump to begin renegotiating NAFTA pact soon with Mexico, Canada
WASHINGTON, Jan 22 (Reuters) - U.S. President Donald Trump
said on Sunday he plans talks soon with the leaders of Canada
and Mexico to begin renegotiating the North American Free Trade
Agreement.
Read more
said on Sunday he plans talks soon with the leaders of Canada
and Mexico to begin renegotiating the North American Free Trade
Agreement.
Read more
Trump says will begin renegotiating NAFTA pact soon with Mexico, Canada
WASHINGTON, Jan 22 (Reuters) - U.S. President Donald Trump
said on Sunday he plans talks soon with the leaders of Canada
and Mexico to begin renegotiating the North American Free Trade
Agreement.
Read more
said on Sunday he plans talks soon with the leaders of Canada
and Mexico to begin renegotiating the North American Free Trade
Agreement.
Read more
Algeria GDP growth slows in Q3 despite spike in energy
ALGIERS, Jan 22 (Reuters) - Algeria recorded slower
third-quarter growth last year despite a significantly better
performance from the energy sector, as non-hydrocarbon growth
slackened, the government said on Sunday.
Read more
third-quarter growth last year despite a significantly better
performance from the energy sector, as non-hydrocarbon growth
slackened, the government said on Sunday.
Read more
CORRECTED-Saudi Aramco operating 220 rigs, says energy minister
KHOBAR, Saudi Arabia, Jan 22 (Reuters) - Oil and gas company
Saudi Aramco is operating about 220 drilling rigs
thanks to continued investment in capacity despite low oil
prices, Saudi Arabia's energy minister told Sky News Arabia in a
programme broadcast on Sunday.
Read more
Saudi Aramco is operating about 220 drilling rigs
thanks to continued investment in capacity despite low oil
prices, Saudi Arabia's energy minister told Sky News Arabia in a
programme broadcast on Sunday.
Read more
UK's May looks to boost technology industry as she eyes life after Brexit
LONDON, Jan 22 (Reuters) - The government's plan to reshape
Britain's economy to adapt to Brexit will be announced next
week, Prime Minister Theresa May said on Sunday, highlighting
technology as one growth sector and setting out a new technical
education strategy.
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Britain's economy to adapt to Brexit will be announced next
week, Prime Minister Theresa May said on Sunday, highlighting
technology as one growth sector and setting out a new technical
education strategy.
Read more
China's producer prices face upward pressure in 2017 -stats bureau
BEIJING, Jan 22 (Reuters) - China's producer prices face
upward pressure in 2017 as the market situation continues to
improve, the National Bureau of Statistics said on Sunday in a
commentary on its website, adding to expectations that global
inflation may be stronger in 2017.
Read more
upward pressure in 2017 as the market situation continues to
improve, the National Bureau of Statistics said on Sunday in a
commentary on its website, adding to expectations that global
inflation may be stronger in 2017.
Read more
OPEC, non-OPEC producers meet to discuss compliance with oil cut deal
VIENNA, Jan 22 (Reuters) - A committee of OPEC and non-OPEC
countries responsible for monitoring compliance with a global
agreement to reduce oil output is set to meet for the first time
in Vienna on Sunday.
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countries responsible for monitoring compliance with a global
agreement to reduce oil output is set to meet for the first time
in Vienna on Sunday.
Read more
UPDATE 1-Saudi's SABIC to acquire remaining 50 pct of Shell venture for $820 mln
KHOBAR, Saudi Arabia/DUBAI, Jan 22 (Reuters) - Saudi Basic
Industries Corp (SABIC) has signed an agreement to
acquire the 50 percent that it does not already own in its
petrochemical venture with Shell Arabia, a unit of Royal Dutch
Shell, for $820 million, SABIC said on Sunday.
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Industries Corp (SABIC) has signed an agreement to
acquire the 50 percent that it does not already own in its
petrochemical venture with Shell Arabia, a unit of Royal Dutch
Shell, for $820 million, SABIC said on Sunday.
Read more
UPDATE 2-Car bomb explodes in central Tripoli, near Italy embassy - security official
TRIPOLI, Jan 21 (Reuters) - A car bomb exploded late on
Saturday close to the recently re-opened Italian embassy in the
Libyan capital, a security official said.
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Saturday close to the recently re-opened Italian embassy in the
Libyan capital, a security official said.
Read more
Saturday, January 21, 2017
UPDATE 1-Brazil graft probe judge buried after being killed in plane crash
SAO PAULO, Jan 21 (Reuters) - A Brazilian Supreme Court
justice who had overseen the investigation of politicians linked
to the nation's largest graft scheme was buried on Saturday, two
days after he died in a plane crash.
Read more
justice who had overseen the investigation of politicians linked
to the nation's largest graft scheme was buried on Saturday, two
days after he died in a plane crash.
Read more
Mexico president talks with Trump by phone, agree to meet
MEXICO CITY, Jan 21 (Reuters) - Mexico's President Enrique
Pena Nieto talked with U.S. President Donald Trump by phone on
Saturday morning, and the two leaders agreed to meet in the near
future, according to a statement from the Mexican president's
office.
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Pena Nieto talked with U.S. President Donald Trump by phone on
Saturday morning, and the two leaders agreed to meet in the near
future, according to a statement from the Mexican president's
office.
Read more
Funeral of major graft probe judge killed in plane crash
SAO PAULO, Jan 21 (Reuters) - The funeral was being held on
Saturday of a Brazilian Supreme Court justice who died in a
plane crash after overseeing the investigation of politicians
linked to the nation's largest graft scheme.
Read more
Saturday of a Brazilian Supreme Court justice who died in a
plane crash after overseeing the investigation of politicians
linked to the nation's largest graft scheme.
Read more
North Dakota tribe formally calls on pipeline protesters to disperse
CANNON BALL, N.D., Jan 21 (Reuters) - A Sioux tribal council
on Saturday formally asked hundreds of protesters to clear out
of three camps near its North Dakota reservation used to stage
months of sometimes violent protests against the proposed Dakota
Access Pipeline.
Read more
on Saturday formally asked hundreds of protesters to clear out
of three camps near its North Dakota reservation used to stage
months of sometimes violent protests against the proposed Dakota
Access Pipeline.
Read more
Russia cut oil output by 100,000 bpd in Jan - TASS quotes Novak
MOSCOW, Jan 21 (Reuters) - Russia has cut its oil output by
around 100,000 barrels per day (bpd) in January as part of the
global deal between Moscow and OPEC, Russian Energy Minister
Alexander Novak was quoted as saying by TASS news agency on
Saturday.
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around 100,000 barrels per day (bpd) in January as part of the
global deal between Moscow and OPEC, Russian Energy Minister
Alexander Novak was quoted as saying by TASS news agency on
Saturday.
Read more
Eight people killed in their home by shell in Egypt's Rafah
CAIRO, Jan 21 (Reuters) - Eight people were killed on
Saturday after a shell landed on a house in southern Rafah, in
the north of Sinai, eye witnesses and medical sources said.
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Saturday after a shell landed on a house in southern Rafah, in
the north of Sinai, eye witnesses and medical sources said.
Read more
Friday, January 20, 2017
UPDATE 2-Canada court nixes Chevron Ecuador judgment, plaintiffs appealing
Jan 20 (Reuters) - A Canadian court has rejected a bid by
Ecuadorian villagers to enforce a judgment against Chevron Corp
obtained in their home country, ruling the company's
local subsidiary is not liable for the parent, the U.S. oil
major said on Friday.
Read more
Ecuadorian villagers to enforce a judgment against Chevron Corp
obtained in their home country, ruling the company's
local subsidiary is not liable for the parent, the U.S. oil
major said on Friday.
Read more
UPDATE 2-California expands climate goals as Trump curbs carbon rules
SAN FRANCISCO, Jan 20 (Reuters) - California released a
sweeping plan to cut the state's output of heat-trapping
greenhouse gas emissions on Friday, countering the newly-minted
Trump administration's move to undo federal U.S. carbon
regulations.
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sweeping plan to cut the state's output of heat-trapping
greenhouse gas emissions on Friday, countering the newly-minted
Trump administration's move to undo federal U.S. carbon
regulations.
Read more
Canada court rejects attempt to enforce Ecuador Chevron judgment
Jan 20 (Reuters) - A Canadian court has rejected an attempt
by Ecuadorian communities to enforce a judgment against Chevron
Corp they obtained in their home country, saying the
company's local subsidiary liable for the parent, the oil major
said on Friday.
Read more
by Ecuadorian communities to enforce a judgment against Chevron
Corp they obtained in their home country, saying the
company's local subsidiary liable for the parent, the oil major
said on Friday.
Read more
UPDATE 1-Venezuela 2016 inflation hits 800 pct, GDP contracts nearly 19 pct
CARACAS, Jan 20 (Reuters) - Venezuelan consumer prices rose
800 percent in 2016 while the economy shrank 18.6 percent,
according to preliminary central bank figures seen by Reuters,
the sharpest economic contraction in 13 years and the worst
inflation reading on record.
Read more
800 percent in 2016 while the economy shrank 18.6 percent,
according to preliminary central bank figures seen by Reuters,
the sharpest economic contraction in 13 years and the worst
inflation reading on record.
Read more
UPDATE 1-Trump to target Obama's climate initiatives -White House website
WASHINGTON, Jan 20 (Reuters) - Donald Trump's administration
is committed to eliminating Barack Obama's Climate Action Plan
and other environmental initiatives to help boost the oil and
gas industry, according to a statement posted on the White House
website on Friday.
Read more
is committed to eliminating Barack Obama's Climate Action Plan
and other environmental initiatives to help boost the oil and
gas industry, according to a statement posted on the White House
website on Friday.
Read more
UPDATE 1-U.S. drillers add the most oil rigs since April 2013 -Baker Hughes
(Adds rigs in the Permian and Cana Woodford basins in
paragraphs 5-6, total oil and gas rig count in paragraph 12)
Jan 20 (Reuters) - U.S. energy companies this week added the
most oil rigs in nearly four years, extending an eight-month
recovery as drillers take advantage of a deal by OPEC to cut
supplies that has boosted prices over $50 a barrel since early
December.
Drillers added 29 oil rigs in the week to Jan. 20, bringing
the total count up to 551, the most since November 2015, e
Read more
GLOBAL LNG-Asian supply weighs on prices, Europe firmer
MILAN/SINGAPORE, Jan 20 (Reuters) - Asian spot LNG prices
fell sharply this week, with a pick up in supply forcing a
Russian producer into accepting lower bids, while prices in
southern Europe held firm.
Read more
fell sharply this week, with a pick up in supply forcing a
Russian producer into accepting lower bids, while prices in
southern Europe held firm.
Read more
European shares ease ahead of Trump inauguration
* TDC rises after report of possible Telia bid
(Adds quote and detail, updates prices at close)
Read more
(Adds quote and detail, updates prices at close)
Read more
British village gets solar battery boost in green energy trial
LONDON, Jan 20 (Thomson Reuters Foundation) - Villagers in
northern England may soon see their electricity bills slashed by
as much as 50 percent in a pilot project allowing them to use
solar power around the clock.
Read more
northern England may soon see their electricity bills slashed by
as much as 50 percent in a pilot project allowing them to use
solar power around the clock.
Read more
National Grid warns of costs if Britain exits EU energy market
LONDON, Jan 20 (Reuters) - Taking Britain out of Europe's
energy market could stymie development of new power links
designed to help avert a looming supply crunch and also drive up
the cost of imported European electricity, National Grid
warned on Friday.
Read more
energy market could stymie development of new power links
designed to help avert a looming supply crunch and also drive up
the cost of imported European electricity, National Grid
warned on Friday.
Read more
SBM Offshore shares gain on hopes of Brazilian settlement
Jan 20 (Reuters) - Shares in Dutch offshore oil industry
services company SBM Offshore rose on Friday on a media report
the company was close to settling a corruption probe with
Brazilian authorities that has prevented it from bidding for
work in a major market.
Read more
services company SBM Offshore rose on Friday on a media report
the company was close to settling a corruption probe with
Brazilian authorities that has prevented it from bidding for
work in a major market.
Read more
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