Energy Update
CHICAGO, Dec 22 (Reuters) - Leading global coal producer
Peabody Energy said on Thursday its main creditors
support a plan to wipe more than $5 billion of debt from its
balance sheet and exit the largest energy-related U.S.
bankruptcy this year.
LIMA/QUITO, Dec 22 (Reuters) - Politicians and investigators
across Latin America demanded more information from Brazil-based
construction giant Odebrecht on Thursday after it admitted to a
decade of immense bribe payments in the region.
Dec 22 (Reuters) - Private-equity firm Blackstone Group LP
is in talks to buy a stake in assets owned by Energy
Transfer Partners LP, the company building the
controversial Dakota Access pipeline, a source familiar with the
situation said on Thursday.
RIO DE JANEIRO, Dec 22 (Reuters) - Employees at Brazilian
state-controlled oil company Petroleo Brasileiro SA working at
Campos Basin, the largest oil-producing area in the country,
approved a strike to begin Friday, an oil workers union said.
WASHINGTON, Dec 22 (Reuters) - Billionaire investor Carl
Icahn targeted environmental and banking regulations on Thursday
as big drags on U.S. corporate investment and said revamping
them would be a top priority in his role as adviser to
President-elect Donald Trump.
Dec 22 (Reuters) - Private-equity firm Blackstone Group LP
is in talks to buy a stake in assets owned by Energy
Transfer Partners LP, the company building the
controversial Dakota Access pipeline, the Wall Street Journal
reported.
Over a seven-year period in a deal worth an estimated C$1 billion (US$750 million), Ontario will be allowed to annually import up to 2 TWh of hydropower from Quebec, including access to energy from pumped-storage facilities in Quebec.
GENEVA, Dec 22 (Reuters) - Nigeria's commercial capital
Lagos faces a water crisis that is creating unacceptable
conditions for millions of people, a U.N. expert said on
Thursday, but an official in the megacity said spending was
being increased to alleviate the problem.
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