Energy Update
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.
UNITED NATIONS, Oct 27 (Reuters) - United Nations chief Ban
Ki-moon has asked the Security Council for help to resolve a
stalemate between peacekeepers and the Democratic Republic of
Congo government over what to do with hundreds of South Sudanese
rebel fighters.
LONDON/JOHANNESBURG, Oct 27 (Reuters) - Shares in Anglo
American are up more than 200 percent this year, like
prices of the coking coal it mines, and yet the group is
sticking to an overhaul accelerated when commodity markets were
rock bottom and it was in deep trouble.
* Though Amec Foster Wheeler, Berendsen weigh on midcaps
MILAN/LONODN, Oct 27 (Reuters) - European shares steadied at
the close on Thursday, with stronger pharmaceutical and banking
stocks offsetting a slump in companies like Amec Foster
and Berendsen.
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