Energy Update
Indonesia's refining sector development has finally picked up pace and this does not bode well for Asia's oil product exporters.
LAUNCESTON, Australia, Oct 3 (Reuters) - China's appetite
for imported iron ore continued unabated in September, with
vessel-tracking data showing seaborne arrivals should at least
match the strength shown in recent months.
PARIS, Oct 3 (Reuters) - European forward electricity prices
rose on Monday supported by firmer carbon emission prices,
lingering concerns over French nuclear power availability and
cold weather as oil rose above $50 per barrel.
MOSCOW, Oct 3 (Reuters) - The Russian rouble hit its highest
against the dollar this year and Moscow-listed stocks rose on
Monday as Brent crude held above $50 a barrel, supported by a
planned production cut by oil exporters' club OPEC.
LONDON, Sept 30 (Reuters) - OPEC's oil output is likely to
reach its highest in recent history in September, a Reuters
survey found on Friday, as Iraq boosted northern exports and
Libya reopened some of its main oil terminals.
BOGOTA, Oct 3 (Reuters) - Colombia's government and Marxist
FARC guerrillas will scramble on Monday to revive a plan to end
their 52-year war after voters rejected the hard-negotiated deal
as too lenient on the rebels in a shock result that plunged the
nation into uncertainty.
(Mon, 03 Oct 2016) California's Zero-Emission Vehicle (ZEV) program is expected to increase sales of electric, plug-in hybrid, and other alternative light-duty vehicles in the United States. The ZEV program is administered by the California Air Resource Board and affects model year 2018 and later vehicles, requiring automakers to earn credits for alternative fueled vehicles based on a percentage of their sales in California.
LES CAYES/PORT-AU-PRINCE, Oct 3 (Reuters) - Fears mounted in
Haiti as Hurricane Matthew edged closer on Monday, bringing 145
mile-per-hour (230 kph) winds and life-threatening rain that
could wreak havoc in the Caribbean nation, where some 2,000
people in one coastal town refused to evacuate.
BANGKOK, Oct 3 (Reuters) - PTT Exploration and Production
Pcl, Thailand's largest oil and gas explorer, plans
to invest at least $1.7 billion in 2017 to maintain its
production at the same level as last year, chief executive said.
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