Energy Update
JAKARTA, Jan 14 (Reuters) - Indonesia's mining minister said
on Saturday the amount of nickel ore and bauxite that can be
exported by individual miners under the country's new mining
rules will be "comparable" to their smelter capacity.
NEW YORK, Jan 13 (Reuters) - Rex Tillerson, the former oil
executive under consideration for U.S. secretary of state, is
trying to avoid giving testimony in a federal lawsuit over
climate change, according to a lawyer for a group of teenagers
who filed the suit.
TORONTO, Jan 13 (Reuters) - Canada's main stock index rose
on Friday, as higher bond yields and solid U.S. bank earnings
helped boost the index's heavyweight financials sector.
WASHINGTON, Jan 13 (Reuters) - The U.S. Supreme Court on
Friday agreed to resolve a legal dispute over whether certain
securities class action lawsuits can be barred because they were
filed too late.
WASHINGTON, Jan 13 (Reuters) - The U.S. Supreme Court on
Friday agreed to resolve a legal dispute over whether certain
securities class action lawsuits can be barred because they were
filed too late.
Jan 13 (Reuters) - Energy firms in Canada more than doubled
the number of rigs drilling for oil this week to the highest
level in almost two years as producers returned en masse from
Christmas breaks and crude prices remain near 18-month highs.
Jan 13 (Reuters) - U.S. oil drillers cut rigs this week for
only the second week in the last seven months, likely just a
brief pause in a recovery expected to last into 2018 as shale
producers plan to boost spending as crude prices hold near an
18-month high.
Drillers cut seven oil rigs in the week to Jan. 13, bringing
the total rig count down to 522, compared with 515 rigs seen a
year ago, according to energy services firm Baker Hughes Inc
KADUNA, Nigeria Jan 13 (Reuters) - Hundreds of people have
died in a surge of ethnically-charged violence in Nigeria's
divided heartlands, officials said, piling pressure on a
government already facing Islamist militants in its northeast
and rebels in its oil-rich south.
WASHINGTON, Jan 13 (Reuters) - The Obama administration took
steps on Friday to lift a 20-year trade embargo against Sudan,
unfreeze assets and remove financial sanctions in response to
the east African nation's cooperation in fighting Islamic State
and other groups, a move that angered human rights
organizations.
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