Energy Update
MILAN, Jan 18 (Reuters) - Russia's Rosneft has
sold its 12 percent stake in Italian refiner Saras for
1.53 euros a share, three market sources said on Wednesday,
raising around 175 million euros ($187 million).
FRANKFURT, Jan 18 (Reuters) - European prompt power prices
fell sharply early on Wednesday as thermal supply rose and
traders said cold weather was already factored in, while prices
on the forwards curve gained as the rest of the market adjusted
to recent high spot levels.
MEXICO CITY, Jan 17 (Reuters) - The United States, Mexico
and Cuba aim to sign an agreement determining territorial water
limits before U.S. President-elect Donald Trump takes office on
Jan. 20, three diplomatic officials familiar with the matter
said on Tuesday.
MEXICO CITY, Jan 17 (Reuters) - The United States, Mexico
and Cuba are ready to sign an agreement determining the
territorial water limits in the Eastern Gap of the Gulf of
Mexico, three diplomatic officials familiar with the matter said
on Tuesday.
(Wed, 18 Jan 2017) Natural gas is Mexicoâs largest source of electricity generation, accounting for 54% of the countryâs generation in 2015, up from 34% in 2005.
BRASILIA, Jan 17 (Reuters) - Brazil's largest engineering
conglomerate Odebrecht SA plans to reach settlements
in all 12 countries where it has admitted to paying bribes to
obtain contracts, two sources with knowledge of the matter told
Reuters on Tuesday.
SINGAPORE, Jan 18 (Reuters) - Crude oil futures edged higher
on Wednesday with a weaker dollar underpinning the market,
although gains were limited by expectations that U.S. producers
would boost output.
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