Energy Update
Nov 2 (Reuters) - U.S. miners of steel-making coal will be
slow to lift output, even with prices tripling so far this year,
as they need to renew operations shuttered during a five-year
price collapse that pushed many into bankruptcy court, industry
watchers say.
The Bureau of Land Management on Oct. 28 sold a total of 16 geothermal leases in Nevada and Utah, adding nearly $169,000 to local, state and federal treasuries. Fourteen geothermal leases in Nevada, two in Utah and two in California will remain on the block on a non-competitive basis for two years.
Nov 2 (Reuters) - Southern California Gas has sought state
permission to re-inject natural gas into its Aliso Canyon
storage facility, shut over a year ago after a massive leak
forced the evacuation of thousands in the Porter Ranch area of
Los Angeles.
WASHINGTON, Nov 2 (Reuters) - President Barack Obama said
the U.S. government is examining ways to reroute an oil pipeline
in North Dakota as it addresses concerns raised by Native
American tribes protesting against its construction.
SKOPJE/LONDON, Nov 2 (Reuters) - Two Russian investors, who
made their fortunes in oil, are seeking answers from Macedonian
authorities over why their bid to buy fuel distributor Makpetrol
has stalled.
Nov 2 (Reuters) - Gasoline prices at the pump in some
southeastern U.S. states inched up on Wednesday, two days after
a fatal blast in Alabama shut Colonial Pipeline Co's main
gasoline line, crucial to fuel supplies on the East Coast.
WASHINGTON, Nov 2 (Reuters) - President Barack Obama has
weighed in on the ongoing protests against the construction of
an oil pipeline in North Dakota, saying the U.S. government is
examining ways to reroute it and address concerns raised by
Native American tribes.
LONDON, Nov 2 (Reuters) - The European Energy Exchange (EEX)
has registered its first trade in European Union emissions
permits for the post-2020 trading period of the EU's Emissions
Trading System (ETS), it said on Wednesday.
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