Energy Update
(Corrects "Previous Close" and "Pct Move" figures for Manila in
table)
By Sandhya Sampath
Nov 3 (Reuters) - Philippine shares extended declines for a
ninth straight session on Thursday as investors remained
cautious ahead of the U.S. presidential election, and as
excitement around the market debut of Pilipinas Shell Petroleum
Corp fizzled out.
Investor sentiment weakened as narrowing polls have led
(Thu, 03 Nov 2016) On the afternoon of October 31, an explosion occurred on the Colonial Pipeline Line 1, which carries gasoline from the Gulf Coast to as far east and north as North Carolina and is a key supply source for several states in between and beyond. This is the second major disruption of Colonial Line 1 in less than two months.
SHANGHAI, Nov 3 (Reuters) - China National Coal Group Corp
(ChinaCoal), China's second-largest state-owned coal producer
after Shenhua Group, will cut its thermal coal price by 10 yuan
($1.48) per tonne from Thursday, as it expects rising coal
production to ease prices, a government newspaper reported.
Nov 3 (Reuters) - Australian shares were flat on Thursday,
after Wall Street fell for a seventh straight session, with
investors bracing for the prospect of a hike in U.S. interest
rates in December as well as volatility stemming from a tense
U.S. election campaign.
ORLANDO, Fla./ LAS VEGAS, Nov 2 (Reuters) - Democrat Hillary
Clinton and Republican Donald Trump attacked one another's
character as they pushed their closing arguments six days before
the U.S. presidential election, while the latest Reuters/Ipsos
poll showed Clinton's lead over Trump rising back to the margin
she held last week.
Shell Nanhai and China National Offshore Oil (CNOOC) joint venture has received all the necessary government approvals to take over the CNOOC’s petrochemical complex in China.
SYDNEY, Nov 3 (Reuters) - Australia's South32 said
on Thursday it will pay $200 million to acquire Peabody Energy's
Metropolitan coal mine in Australia amid a resurgence in demand
for coal to make steel.
Carnegie Wave Energy Ltd., in a press release on Nov. 1, announced it intends to change its name to Carnegie Clean Energy Ltd. (CCE).
Nov 2 (Reuters) - First Solar Inc, the largest U.S.
solar equipment manufacturer, beat analysts' profit estimate for
the sixth straight quarter, and the company raised its full-year
gross margin forecast for the fourth time.
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