Energy Update
MILAN, Dec 19 (Reuters) - Intesa Sanpaolo is still
deciding whether to help fund the acquisition of a 19.5 percent
stake in Rosneft from the Russian state and said it
was not aware of any investigation by the Italian or other
European authorities into the transaction.
QUITO, Dec 19 (Reuters) - A 5.8-magnitude earthquake shook
Ecuador's Pacific coast early on Monday, killing at least two
people, injuring 15 others and halting production at the
Esmeraldas oil refinery, officials said.
Dec 19 (Reuters) - Southern California Gas Co (SoCalGas) has
urged customers to reduce natural gas use to help lower the risk
of possible gas and electricity shortages due to what it
described as severe cold weather throughout the U.S. Southwest.
CALGARY, Alberta, Dec 19 (Reuters) - U.S.-based Koch
Industries Inc's oil sands subsidiary in Canada wants
to pull out of a project in the Muskwa region in the province of
Alberta, citing economic and regulatory uncertainties, the local
energy regulator said on Monday.
QUITO, Dec 19 (Reuters) - A 5.8 magnitude earthquake shook
Ecuador's Pacific coast early on Monday, killing one person,
injuring a dozen others and damaging hotels in the area,
authorities said.
BRASILIA, Dec 19 (Reuters) - Odebrecht executives have
testified the Brazilian engineering firm illegally funded the
2014 campaign of the country's impeached leftist president, a
top newspaper reported on Monday, a development that could lead
to the removal of her successor.
MILAN, Dec 19 (Reuters) - Intesa Sanpaolo said on
Monday it was not aware of any probe by Italian or European
authorities over its potential role in helping funding the
acquisition of a 19.5 percent stake in Russian energy giant
Rosneft.
RIO DE JANEIRO, Dec 19 (Reuters) - Former Brazilian leader
Luiz Inacio Lula da Silva will face a fifth corruption trial, a
judge ruled on Monday, as charges pile up against the man seen
as a front-runner to win the 2018 presidential election.
LONDON, Dec 19 (Reuters) - WPP, the world's largest
advertising agency, said on Monday that three of its
subsidiaries had received subpoenas from the U.S. Department of
Justice as part of an investigation into video production
practices in the industry.
MUMBAI, Dec 19 (Reuters) - Former Tata Sons
chairman Cyrus Mistry bowed to pressure to quit from the boards
of all Tata group companies on Monday, but promised to fight to
improve the $100 billion salt-to-software conglomerate's
governance.
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