Energy Update
SYDNEY, Oct 20 (Reuters) - BHP Billiton's
nickel business, which faced closure after failing to attract a
buyer, is spending $2 million a month on improvements and making
headway to extend operations through the next decade, a senior
executive said on Thursday.
BEIJING, Oct 20 (Reuters) - Chinese President Xi Jinping
said on Thursday that he hoped Philippine President Rodrigo
Duterte's "milestone" visit to China could help "fully improve"
ties between the two countries, which have suffered over
disputes in the South China Sea.
(Thu, 20 Oct 2016) Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices. However, Russian oil and natural gas companiesâ capital investment programs have been less affected, if at all. Russiaâs two main hydrocarbon taxes are calculated by formulas that result in lower tax rates at lower crude oil prices.
SINGAPORE, Oct 20 (Reuters) - Oil prices dipped on Thursday
on profit taking after markets rallied the previous day due to a
draw in U.S. stocks and an expectation of an OPEC-led cut in
production.
SAN FRANCISCO, Oct 19 (Reuters) - Chief Executive Elon Musk
said on Wednesday all new Tesla Motors Inc models will
come with hardware to enable them to be fully self-driving, as
the Silicon Valley electric car company bids to be the first
among many rivals to get autonomous vehicles on the road.
Oct 19 (Reuters) - Actress Shailene Woodley pleaded not
guilty on Wednesday to charges stemming from her high-profile
arrest with 27 other people while protesting construction of the
Dakota Access pipeline, court documents show.
SINGAPORE, Oct 20 (Reuters) - Oil prices dipped on Thursday
on profit taking after markets rallied the previous day due to a
draw in U.S. stocks and an expectation of an OPEC-led cut in
production.
SAN FRANCISCO, Oct 19 (Reuters) - Chief Executive Elon Musk
said on Wednesday all new Tesla Motors Inc models will
come with hardware to enable them to be fully self-driving, as
the Silicon Valley electric car company bids to be the first
among many rivals to get autonomous vehicles on the road.
SYDNEY, Oct 20 (Reuters) - Global miner Rio Tinto
on Thursday cut its 2016 guidance for iron ore shipments by as
much as 5 million tonnes after releasing lower third-quarter
production data, citing shipping interruptions.
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