Energy Update
WASHINGTON, Nov 4 (Reuters) - The U.S. National
Transportation Safety Board said on Friday it had opened an
investigation into the Colonial Pipeline Co accident
in Helena, Alabama, which killed one worker and seriously
injured four others.
Nov 4 (Reuters) - InterOil Corp said on Friday an
appeals court in Canada had overturned approval of the natural
gas producer's $2.5 billion sale to Exxon Mobil Corp,
throwing the deal's viability in doubt.
It was a different kind of Black Friday for Turkey on Friday as politics bit into trade and business, including the steel scrap market.
NEW YORK, Nov 4 (Reuters) - U.S. producers of sand used to
extract oil from shale are raising prices due to stronger
demand, a sign higher oil prices are improving the outlook for
the domestic fracking industry.
WASHINGTON, Nov 4 (Reuters) - Vatican-convened talks between
Venezuela's government and opposition is the last, best chance
to find a peaceful solution to end the country's political
impasse, U.S. Undersecretary of State for Political Affairs Tom
Shannon said on Friday.
WASHINGTON, Nov 4 (Reuters) - A Vatican-mediated dialogue
between Venezuela's government and opposition is the last, best
chance to find a peaceful solution to end the country's
political crisis, U.S. Undersecretary of State for Political
Affairs Tom Shannon said on Friday.
We studied the movement of oil pricing in the 90 days immediately following the most recent presidential elections in the US — the world’s largest economy.
CARACAS, Nov 4 (Reuters) - Venezuelan state oil company
PDVSA on Friday signed financing deals totaling nearly $1.45
billion with a local firm and India's ONGC Videsh Limited
to raise production at joint venture operations.
(Adds rigs in Permian)
Nov 4 (Reuters) - U.S. oil drillers increased rigs this week
for a 20th week in the last 23, as energy firms follow through
on plans to add rigs made months ago when crude was still
trading over the key $50 a barrel level analysts said should
lead to more drilling.
Drillers added nine oil rigs in the week to Nov. 4, bringing
the total count up to 450, the most since February, but still
Nov 4 (Reuters) - U.S. oil drillers increased rigs this week
for a 20th week in the last 23, as energy firms follow through
on plans to add rigs made months ago when crude was still
trading over the key $50 a barrel level analysts said should
lead to more drilling.
Drillers added nine oil rigs in the week to Nov. 4, bringing
the total count up to 450, the most since February, but still
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