Energy Update
BANGKOK, Dec 8 (Reuters) - Thailand's energy policy
committee has approved a proposal under which state-owned PTT
Pcl will buy liquefied natural gas (LNG) from
Malaysia's Petronas over a 15-year period, the committee said in
a statement on Thursday.
SYDNEY, Dec 8 (Reuters) - Planned changes to Papua New
Guinea's mining laws are creating uncertainty ahead of an
upcoming election, despite strong interest in proposed
multibillion dollar mining and energy projects in the Pacific
nation, lenders and advisers say.
TOKYO, Dec 8 (Reuters) - Japan will increase an
interest-free loan to the operator of the wrecked Fukushima
nuclear plant, Tokyo Electric Power, by more than a
third to 14 trillion yen ($123 billion), a source familiar with
the matter said on Thursday.
Dec 7 (Reuters) - Oil and gas major Chevron Corp on
Wednesday announced a $19.8 billion capital and exploratory
investment program for 2017, down 42 percent from its outlays in
2015.
LONDON, Dec 7 (Reuters) - U.S. gasoline consumption has been
growing at the fastest rate for more than a decade as lower fuel
prices and an expanding economy have combined to produce a big
increase in demand.
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