Energy Update
LAGOS, Oct 21 (Reuters) - MTN did not break Nigeria's
currency transfer rules, the South African telecoms firm said on
Friday, denying allegations it illegally repatriated $14 billion
in a row analysts say exposes the inherent risk of investing in
frontier markets.
PARIS/SAO PAULO, Oct 21 (Reuters) - France's Tereos
has started talks to acquire Petroleo Brasileiro SA's
45.9 percent minority stake in their joint venture
Guarani, as Brazil's state-owned oil firm proceeds with plans to
quit its biofuel activities.
KIRKUK, Iraq, Oct 21 (Reuters) - Islamic State militants
attacked a power station and other buildings in the northeastern
Iraqi oil city of Kirkuk early on Friday, killing at least 18
people, security sources said.
PARIS, Oct 21 (Reuters) - French sugar group Tereos said on
Friday it has entered into negotiations to acquire Petroleo
Brasileiro SA's 45.9 percent minority stake in
Brazilian-based Guarani, confirming an earlier announcement by
Petrobras.
GreenWish Partners, a Paris-based investment company focused on renewable energy in sub-Saharan Africa, plans to build two solar plants in northern Nigeria with a total capacity of 100 MW.
NEW YORK, Oct 21 (Reuters) - General Electric Co beat
analyst profit forecasts in the third quarter, but revenue
growth remained sluggish, prompting the company to lower its
full-year revenue growth target and narrow its profit forecast
on Friday and sending shares lower.
Job growth is a prime topic in the U.S. presidential race, but Donald Trump and Hillary Clinton have very different takes on the role clean energy could play in creating employment.
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