Energy Update
LAGOS, Nov 4 (Reuters) - A commander of a Nigerian militant
group has attacked the Trans Forcados oil pipeline in the Niger
Delta without authorisation, a local newspaper said on Friday,
quoting a statement from the group.
BEIJING, Nov 4 (Reuters) - China National Coal Group
(ChinaCoal) is in talks with utilities on setting 2017 contract
prices and hopes to sign more contracts for next year versus
2016, the company's spokesman said.
TOKYO, Nov 4 (Reuters) - Forced into action by falling
customers due to market liberalization and a shrinking
population, Japan's utilities are ditching old long-term coal
and gas supply contracts in favour of more short-term,
opportunistic trading.
(Fri, 04 Nov 2016) Oil wells drilled horizontally through hydrocarbon-bearing formations are often among the most prolific oil wells in the United States. Although modern horizontal drilling achieved commercial success in the 1980s, drilling techniques have improved, and in recent years, horizontal drilling has become more common.
SINGAPORE, Nov 4 (Reuters) - Taiwan's Formosa Petrochemical
Corp has planned maintenance at its 540,000
barrels-per-day (bpd) Mailiao refinery next March, September and
November, a company spokesman said on Friday.
LAUNCESTON, Australia, Nov 4 (Reuters) - Rio Tinto's
decision to quit the world's largest undeveloped iron ore
deposit in Guinea is essentially a bet on how quickly and
cheaply the new Chinese owners can develop the mine.
NEW YORK, Nov 3 (Thomson Reuters Foundation) - Indigenous
women and girls in northern Canada live in danger due to rampant
development that has brought crime, ratcheted up the cost of
living and destroyed traditional ways of life, Amnesty
International said on Thursday.
TOKYO, Nov 4 (Reuters) - Japan and Russia will focus on
about 30 items of economic cooperation ahead of a December
summit at which Japanese Prime Minister Shinzo Abe hopes to make
progress in resolving a long-festering territorial row, said the
Nikkei business daily.
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