Energy Update
DUBAI, Dec 24 (Reuters) - Iran plans to ask international
oil companies to bid for the second phase of development of its
Yadavaran and North Azadegan oilfields, a senior official said
on Saturday.
MOSCOW, Dec 24 (Reuters) - Rosneft's plans for
next year allow it to be flexible with production volumes,
Russia's top oil producer said on Saturday, after Moscow
clinched a deal with OPEC to cut production to bolster weak oil
prices.
Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
securities fraud class action lawsuit against the oilfield
services provider that twice reached the U.S. Supreme Court.
Dec 23 (Reuters) - Halliburton Co on Friday said it
had reached a $100 million settlement to resolve a long-running
shareholder class action lawsuit against the oilfield services
provider that twice reached the U.S. Supreme Court.
CHICAGO, Dec 23 (Reuters) - Peabody Energy Corp
failed to explain how it will cover future mine cleanup costs in
a reorganization plan filed late Thursday, triggering concerns
over the company's use of "self-bonds."
TORONTO, Dec 23 (Reuters) - Canada's main stock index
slipped on Friday, ending a six-day rising streak as losses
among energy and financial stocks outweighed gains for gold
miners.
An ambitious group of engineers from Albany Engineering Corp. see the shafts at an abandoned, centuries-old iron mine in New York's Adirondacks as way to create the 240-MW Mineville closed-loop pumped-storage project.
WEST PALM BEACH, Fla./MOSCOW, Dec 23 (Reuters) - U.S.
President-elect Donald Trump upped the stakes on Friday in a
back-and-forth exchange with President Vladimir Putin over
nuclear weapons that tested the Republican's promises to improve
relations with Russia.
Dec 23 (Reuters) - The United States' only permanent nuclear
waste disposal site got the go-ahead on Friday to resume
operations nearly three years after a radiation leak shut down
the New Mexico facility.
BUENOS AIRES, Dec 23 (Reuters) - Argentine energy companies
and their employees should have a new labor contract next month
that could reduce uncertainty for potential investors in the
sector, a key labor group leader told Reuters on Friday.
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