Energy Update
LAUNCESTON, Australia, Nov 24 (Reuters) - As the
once-in-a-lifetime commodity boom winds down, a key concern has
been what is going to replace the mega-projects built to feed
China's appetite for natural resources.
TOKYO, Nov 24 (Reuters) - Woodside Petroleum is
moving forward with its Scarborough area gas fields and its
delayed Browse liquefied natural gas (LNG) project at a similar
rate, and can't say at this stage which will be developed first,
its CEO told Reuters.
MOSCOW, Nov 24 (Reuters) - Russia's largest oil producer
Rosneft is to return to the county's domestic bond
market after a two-year absence with a programme worth 1.071
trillion roubles ($16.6 billion), the company said on Thursday.
HELSINKI, Nov 24 (Reuters) - Finland's centre-right
government said on Thursday it planned to lift the share of
biofuels blended in transport fuel to 30 percent by 2030 to help
meet the country's emissions reduction targets.
QAYYARA, Iraq, Nov 24 (Reuters) - His face blackened and
helmet coated in soot, Hussein Saleh watched the oil fields of
his home town in northern Iraq burn, belching up thick smoke
that blotted out the sun.
LONDON, Nov 24 (Reuters) - Australia's South32, the
mining company spun off from BHP Billiton, in
2015, will avoid buying thermal coal because of uncertainties
over demand linked to climate concerns, the company said on
Thursday.
LONDON, Nov 24 (Reuters) - The world's listed oil companies
have slashed oil output by 2.4 percent so far this year during
one of the industry's worst downturns as OPEC battles to agree
on its first production cut since 2008.
SYDNEY, Nov 24 (Reuters) - Rio Tinto Chief
Executive Jean-Sébastien Jacques on Wednesday admitted he didn't
see the recent meteoric rise in coal prices coming. But he is
already predicting the fall.
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