Energy Update
MAIDUGURI, Nigeria, Oct 12 (Reuters) - About eight people
were killed and 15 wounded when a car laden with explosives hit
a taxi in northeastern Borno state's capital of Maiduguri,
birthplace of a seven-year-old Islamist insurgency, military and
medical sources said.
* For other news from Reuters Global Commodities Summit,
click on http://www.reuters.com/summit/commodities16
HOUSTON/NEW YORK, Oct 12 (Reuters) - All it took was a pair
of bolt cutters and the elbow grease of a few climate activists
to carry out an audacious act of sabotage on North America's
massive oil and gas pipeline system.
LONDON, Oct 11 (Reuters) - OPEC's deal to cut oil production
is unlikely to result in a substantial reduction in actual
supplies, some of the world's biggest oil trading companies said
on Wednesday, meaning the market is unlikely to rebalance until
well into 2017.
Oct 12 (Reuters) - Engineering firm Bodycote Plc
said it had appointed Dominique Yates as its finance director
designate, adding that he would take over as its finance head on
Jan. 2.
SINGAPORE, Oct 12 (Reuters) - Liquefied petroleum gas (LPG),
long a niche product used in petrochemicals, as well as for
cooking and outdoor heating, is entering a new era as a wave of
supply from the U.S. shale boom cuts prices, spreading its use
in emerging markets, a major shipper said.
ALMATY, Oct 12 (Reuters) - Kazakh President Nursultan
Nazarbayev has cancelled a visit to Armenia due to a cold, his
office said on Wednesday, adding that there were no concerns
about his overall health.
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