Energy Update
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.
TRIPOLI, Jan 2 (Reuters) - A deputy leader of Libya's
Government of National Accord (GNA) announced his resignation on
Monday, saying the U.N.-backed administration had failed to
tackle urgent problems arising from years of conflict and
political disarray.
DUBAI, Jan 2 (Reuters) - Iran has named 29 companies from
more than a dozen countries as being allowed to bid for oil and
gas projects using the new, less restrictive Iran Petroleum
Contract (IPC) model, the oil ministry news website SHANA
reported on Monday.
South Korea’s oil refiner SK Innovation is set to invest KRW3tn ($2.5bn) to boost its global growth by expanding its oil exploration, chemicals and battery businesses.
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