Energy Update
NEW YORK, Nov 9 (Reuters) - NARL Refining notified employees
Wednesday of plans to shed up to 130 jobs at its Come By Chance
refinery in Newfoundland, Canada, sources said, the latest
refiner along the Atlantic Coast to undergo painful
belt-tightening amid weak margins.
WASHINGTON, Nov 9 (Reuters) - The U.S. State Department said
that Iran is taking steps to ship out heavy water produced in
excess of a soft limit set under its nuclear deal with major
powers, as reported by the U.N. atomic watchdog on Wednesday.
In Washington, Donald Trump captured the U.S. Presidency in an upset victory that confounded pollsters and political pundits even as it delighted supporters of his maverick candidacy based on themes of immigration and trade reform coupled with a message that government policies of the past generation had failed for too many Americans.
CALGARY, Alberta, Nov 9 (Reuters) - Republican Donald
Trump's victory in the U.S. presidential election cheered
investors in Canadian energy producers eager to revive the
stalled drive to approve the controversial Keystone XL pipeline,
giving oil sands crude better access to U.S. markets.
Nov 9 (Reuters) - The U.S. energy industry on Wednesday
reveled in Republican Donald Trump's presidential victory,
expecting him to be a strong advocate for more oil and gas
output and to cut red tape that has held back billions of
dollars of investment in new projects.
Opponents held their ground Tuesday as Floridians rejected a ballot measure that opponents maintained would have put into the state constitution a presumption that solar panel users are not paying their fair share of the costs of maintaining the electric grid.
Shares in Vestas Wind Systems A/S plunged after U.S. voters unexpectedly propelled Republican nominee Donald Trump to the presidency, sparking concern that the renewable- energy industry will face future political headwinds.
Voters in Monterey County passed a ballot initiative Tuesday to ban fracking in the county, and the state of Washington rejected a carbon tax proposal.
NEW YORK, Nov 9 (IFR) - The US credit market gave a tempered
reaction on Wednesday to Donald Trump's election victory, with
many bankers even saying they expected new bond issuance to
resume as soon as Thursday.
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