Energy Update
OTTAWA, Dec 6 (Reuters) - Canada's natural resources
minister on Tuesday apologized for remarks he made about
anti-oil pipeline protests that some people interpreted as a
threat to use troops against demonstrators.
CARACAS/HOUSTON, Dec 6 (Reuters) - Venezuela's largest
refineries were operating below half capacity this week,
prompting state-run oil company PDVSA to launch tenders for
product imports amid the OPEC country's deteriorating
infrastructure and ebbing crude production.
YAOUNDE, Dec 6 (Reuters) - Cameroon's oil production from
January to October held steady from the same period last year,
at 28.6 million barrels, state oil company SNH said on Tuesday.
OTTAWA, Dec 6 (Reuters) - Canada's natural resources
minister on Tuesday said he was sorry for remarks he made about
anti-oil pipeline protests that some people interpreted as a
threat to use troops against demonstrators.
HOUSTON, Dec 6 (Reuters) - As oil prices recover and U.S.
shale production picks up, energy companies that had planned to
ship crude on the Dakota Access Pipeline will turn to rail, a
transport method that poses its own risks to the environment and
local communities.
NEW YORK, Dec 6 (Reuters) - Philadelphia Energy Solutions
Chief Executive Officer Phil Rinaldi plans to retire effective
March 2017, according to a memo sent to employees on Tuesday and
obtained by Reuters.
MILAN/London, Dec 6 (Reuters) - European shares rose on
Tuesday for a second day with banking stocks surging to an
11-month high as investors dipped back into a beaten-down sector
following Italy's constitutional referendum on the weekend.
Dec 6 (Reuters) - An environmental group said on Tuesday it
had filed a lawsuit against De Beers Canada, accusing the
diamond producer of failing to report toxic levels of mercury
and methylmercury at its Victor Diamond mine in northern
Ontario.
LONDON, Dec 6 (Reuters) - Oil trading house Gunvor has given
shares allocated to managers and traders a nominal value of
nearly $900 million, filings seen by Reuters show, as co-founder
Torbjorn Tornqvist diluted his stake in a bid to expand the firm
and recruit and retain talent.
BRASILIA, Dec 6 (Reuters) - The leaders of Brazil's Senate
refused on Tuesday to accept a Supreme Court injunction removing
its indicted president, Senator Renan Calheiros, and said it
would wait for a ruling by the court's plenary on Wednesday.
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