Energy Update
Oct 27 (Reuters) - General Electric Co is in talks to
buy oilfield services provider Baker Hughes Inc, the
Wall Street Journal reported on Thursday, citing people familiar
with the matter. (http://on.wsj.com/2eVuf8x)
VANCOUVER, Oct 27 (Reuters) - Canadian aboriginal and
environmental groups filed lawsuits on Thursday seeking to
overturn government approval of a $27 billion liquefied natural
gas project led by Malaysia's Petronas, that they say will hurt
the environment and destroy crucial salmon habitat.
Oct 27 (Reuters) - Sanchez Energy Corp is in talks to
partner with Blackstone Group LP on a deal to buy
Anadarko Petroleum Corp's assets in South Texas, the
Wall Street Journal reported.
Oct 27 (Reuters) - Police in North Dakota began clearing a
group of Native American and environmental protesters from an
encampment near an oil pipeline construction site on Thursday in
a move that could escalate tensions in a standoff that has
lasted several months.
MOSCOW, Oct 27 (Reuters) - Russia's largest oil producer
Rosneft said on Thursday it had asked peer Lukoil
to cancel a crude oil purchasing contract with
Bashneft, which RBC daily put at 400 billion roubles ($6.4
billion).
Oct 27 (Reuters) - U.S. wind energy installations fell 44
percent in the third quarter, though projects under construction
are approaching record levels thanks to its low cost and the
recent five-year extension of a key tax credit, according to an
industry group.
VANCOUVER, Oct 27 (Reuters) - Teck Resources Ltd,
North America's largest producer of steel-making coal, does not
expect two months of surging coal prices to trigger a flurry of
restarts by idled mines anytime soon, company officials said on
Thursday.
Oct 27 (Reuters) - The Federal Aviation Administration (FAA)
has banned aircraft from flying over an area in North Dakota
where protesters are demonstrating against the construction of a
$3.8 billion oil pipeline.
CARACAS, Oct 27 (Reuters) - Venezuela's Congress on Thursday
heard emotional testimony from citizens accusing President
Nicolas Maduro of violating their rights, in a political trial
meant to pressure the socialist leader into accepting a recall
vote.
Oct 27 (Reuters) - Exxon Mobil Corp is weighing
building a full-scale trading division as it looks to counter a
more than two-year rout in oil prices, the Financial Times
reported on Thursday, citing people familiar with the matter.
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