Energy Update
LIMA, Jan 20 (Reuters) - A consortium controlled by
Brazilian engineering conglomerate Odebrecht will miss a
financing deadline on Monday for a natural gas pipeline project
in Peru and awaits government notification that it will lose its
$5 billion contract, the company said on Friday.
We consider commodity prices during President Barack Obama's tenure and will track how they change during President Donald Trump's time in office.
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.
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.
Jan 20 (Reuters) - General Electric Co reported a 36
percent jump in fourth-quarter earnings on Friday and backed its
2017 forecasts, but its shares fell as low revenue in some
segments raised concerns.
TORONTO, Jan 20 (Reuters) - Canada's main stock index jumped
1 percent on Friday in a broad rally led by resources stocks as
oil prices pushed higher and other commodity prices also gained
and as investors eyed the inauguration of Donald Trump as the
next U.S. president.
CARACAS, Jan 20 (Reuters) - Venezuelan consumer prices rose
800 percent in 2016 while the economy contracted by 18.6
percent, according to preliminary central bank figures seen by
Reuters, the sharpest contraction in 13 years and the worst
inflation reading on record.
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