Energy Update
Jan 3 (Reuters) - Marathon Petroleum Corp, under
pressure from activist investor Elliott Management, said a
special committee of its directors would review its retail
business, including considering a tax-free separation.
MUMBAI, Jan 3 (Reuters) - Bharti Airtel Ltd,
India's top wireless carrier, said on Tuesday it would offer
free data to woo new and existing 4G customers, intensifying a
price war in the sector and sending share prices tumbling.
WASHINGTON, Jan 3 (Reuters) - Big Oil could be in a unique
position to protect its interests against a Republican proposal
to tax imports, given that President-elect Donald Trump's
cabinet is studded with oil champions sensitive to the risk of
higher gasoline prices.
Jan 3 (Reuters) - U.S. oil and gas producer SM Energy Co
said on Tuesday it would sell certain assets in the Eagle
Ford shale of South Texas to a unit of KKR for $800
million.
LONDON, Dec 30 (Reuters) - Britain avoided a collapse in
mergers and acquisitions activity after the shock Brexit vote as
foreign companies used sterling's spectacular devaluation
against the U.S. dollar to snap up British companies, Thomson
Reuters data shows.
BEIJING, Jan 3 (Reuters) - The Chinese capital was on the
second-highest orange smog alert in the depth of winter on
Tuesday but city officials said the air quality was improving
overall, citing data for last year.
(Tue, 03 Jan 2017) The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) rose 48% since the start of 2016, more than any other commodity group in the S&P GSCI. The spot S&P GSCI industrial metals, precious metals, and agriculture indices increased less, rising 22%, 8%, and 5%, respectively, while the spot S&P GSCI livestock index declined 10%.
BEIJING, Jan 3 (Reuters) - The Chinese capital was on the
second-highest orange smog alert in the depth of winter on
Tuesday as city officials said the air quality was improving
overall, citing data for the whole of last year.
SEOUL, Jan 3 (Reuters) - U.S. oil prices rose in the first
trading hours of 2017 on Tuesday, buoyed by a deal for OPEC and
non-OPEC production cuts which kicked off on Sunday.
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