Energy Update
MILAN, Oct 25 (Reuters) - Italian oil contractor Saipem
will cut 800 more jobs across Europe in the next four
years as part of a plan to cope with a prolonged market crisis
that will trim revenues next year.
CARACAS, Oct 25 (Reuters) - Venezuela's opposition-led
National Assembly voted on Tuesday to open a political trial
against President Nicolas Maduro for violating democracy, but
the socialist government dismissed the move as meaningless.
LIBREVILLE, Oct 25 (Reuters) - Oil workers will end a strike
at French firm Maurel and Prom's Onal field in Gabon
on Wednesday after a deal was reached to reinstate dismissed
personnel, according to the agreement, which was seen by Reuters
on Tuesday.
SOFIA, Oct 25 (Reuters) - Bulgaria's energy ministry said on
Tuesday an upgrade of one of the Soviet-era reactors at the
country's sole Kozloduy nuclear plant had been completed,
extending its lifespan by 30 years.
SAO PAULO/FRANKFURT, Oct 25 (Reuters) - Ternium SA
has resumed negotiations to buy ThyssenKrupp AG's
money-losing Brazilian steel mill CSA Cia Siderúrgica do
Atlántico SA, months after talks broke down because of legal and
environmental concerns, three people familiar with the matter
said on Tuesday.
LIBREVILLE, Oct 25 (Reuters) - Oil workers will end a strike
at French firm Maurel and Prom's Onal field on Wednesday after a
deal was reached to reinstate dismissed personnel, according to
the agreement, which was seen by Reuters on Tuesday.
Traveling from Denmark, to France, and finally to Rhode Island in the U.S., Fred. Olsen Windcarrier’s Brave Tern jack-up vessel was instrumental in the construction of the Block Island Wind Farm.
Oct 25 (Reuters) - Diversified U.S. miner Freeport-McMoRan
Inc reported a weaker-than-expected quarterly profit and
said it expects to sell less gold, copper and molybdenum this
year.
The U.S. Bureau of Land Management on Oct. 26 will hold a competitive geothermal lease sale in Sacramento, Calif., for 28 parcels in the western U.S.
BAGHDAD, Oct 25 (Reuters) - Iraq told a top OPEC official on
Tuesday of its hope that the group could reach a deal to lift
oil prices while preserving its own output level, a spokesman of
the oil ministry said.
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