Energy Update
CHICAGO, Nov 1 (Reuters) - Ratings agency Moody's on Tuesday
raised its outlook for the North American railroad industry,
citing the possibility of rising revenue as freight volumes
stabilize.
Nov 1 (Reuters) - Colonial Pipeline Co's main gasoline line
could be shut for at least a week, shippers said on Tuesday,
after an explosion and fire in Alabama killed one worker and
injured five others.
LONDON, Nov 1 (Reuters) - European oil traders rushed on
Tuesday to book vessels to carry gasoline to consumers on the
U.S. East Coast left stranded without their main domestic supply
source, more than quadrupling shipping costs, traders and ship
brokers told Reuters.
FRANKFURT/AMSTERDAM, Nov 1 (Reuters) - Dutch waste
management group Attero has attracted several Chinese suitors,
several people close to the deal said, the latest sign of
China's efforts to buy technology to tackle environmental
issues.
Nov 1 (Reuters) - Power producer NextEra Energy Inc
said on Tuesday it would sell its fiber-optic telecommunications
business to Crown Castle International Corp for $1.5
billion in cash.
OTTAWA, Nov 1 (Reuters) - The pace of Canadian economic
growth slowed as expected in August, data from Statistics Canada
showed on Tuesday, reinforcing expectations that the Bank of
Canada will maintain its cautious stance.
ABUJA, Nov 1 (Reuters) - Nigeria's President Muhammadu
Buhari on Tuesday met leaders from the Niger Delta and
representatives of militant groups who have been attacking oil
facilities in the region.
CHICAGO, Nov 1 (Reuters) - U.S. agricultural products trader
Archer Daniels Midland Co on Tuesday reported a far
better-than-expected third-quarter profit on Tuesday as higher
U.S. exports of corn and soybeans boosted volumes and margins.
DUBAI/LONDON, Nov 1 (Reuters) - Iraq has asked international
oil companies (IOCs) to shut down prestige offices among the
glittering towers of Dubai, through which they used to run
their oil operations in Iraq, as a way to rein in their budgets,
three industry sources said.
* Graphic http://tmsnrt.rs/2c0eSev
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