Energy Update
Austin Exploration announce that the second phase of drilling on Columbus #1 well has commenced.
Bahrain National Gas Expansion Company S.P.C. and JGC Gulf International have signed $98.7m engineering, procurement and construction (EPC) contract for field pipelines and Sitra storage expansion project.
SAO PAULO, Oct 3 (Reuters) - State-controlled oil company
Petróleo Brasileiro SA has sent documents to
potential bidders presenting the sale of subsidiary Petrobras
Distribuidora SA, formally launching a reworked plan to sell a
stake in the fuel unit.
TORONTO/OTTAWA, Oct 3 (Reuters) - Canada's federal
government on Monday vowed to bring in a minimum price on carbon
emissions by 2018, prompting one energy-producing province to
threaten legal action and another to demand approval of an oil
pipeline in return.
BRASILIA, Oct 3 (Reuters) - Brazil's municipal elections
showed that new parties have failed to capitalize on voters'
disenchantment with a corruption-tainted political
establishment, making it unlikely an outsider will win the 2018
presidential poll.
PARIS, Oct 3 (Reuters) - French energy utility EDF
will be able recover about 1 billion euros ($1.12 billion) from
customers following a retroactive increase in bills decided by
France's highest administrative body.
DUBAI, Oct 3 (Reuters) - Iran's President Hassan Rouhani
told his Venezuelan counterpart Nicolás Maduro in a phone call
that it was essential for oil producing countries to take a
decision to raise the price of oil and stabilise the market,
Iranian state news agency IRNA said.
WASHINGTON, Oct 3 (Reuters) - The United States has not been
contacted by Philippines defense authorities about President
Rodrigo Duterte's comments on ending joint military exercises,
the U.S. State Department said on Monday, noting it expected
Manila to live up to its commitments.
MEXICO CITY, Oct 3 (Reuters) - Mexican state oil company
Pemex has issued $4 billion in bonds and repurchased
debt worth $1.5 billion as part of a plan to strengthen its
finances, Chief Financial Officer Juan Pablo Newman said on
Monday.
Wind was the cheapest source of energy in Argentina’s first power auction after the country implemented reforms designed to transform its fossil fuel-dependent grid.
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