Energy Update
Oct 1 (Reuters) - Hurricane Matthew weakened slightly early
on Saturday as it moved towards Jamaica and Cuba with winds of
up to 155 miles per hour (250 kph) powerful enough to wreck
houses, forecasters said.
ABUJA, Oct 1 (Reuters) - Nigeria has spent 720.5 billion
naira ($2.4 billion) on capital expenditure this year to help
drag Africa's biggest economy out of recession, President
Muhammadu Buhari said on Saturday.
KUALA LUMPUR, Oct 1 (Reuters) - Malaysian state oil firm
Petroliam Nasional Bhd, or Petronas, said it "categorically
denied" a Reuters report that it was considering selling its
majority stake in a $27 billion Canadian liquefied natural gas
(LNG) project.
KINGSTON, Jamaica, Sept 30 (Reuters) - Hurricane Matthew
surged in power on Friday to become the Caribbean's first major
hurricane in four years as it moved towards Jamaica and Cuba
with winds of up to 150 miles per hour (240 kph) powerful enough
to wreck houses, forecasters said.
TORONTO, Sept 30 (Reuters) - Canada's main stock index fell
on Friday as this week's rally in energy stocks paused and gold
stocks retreated as concerns about the health of Germany's
biggest bank eased.
Sept 30 (Reuters) - Hurricane Matthew has strengthened into
a Category 4, the U.S. National Hurricane Center (NHC) said on
Friday adding that a Hurricane Watch has been issued for
Jamaica.
NEW YORK, Sept 30 (Reuters) - U.S. oil demand fell in July
on a year-over-year basis for the first time in six months, as
gasoline sales could not overcome weak distillate demand, the
U.S. Energy Information Administration said on Friday.
WASHINGTON, Sept 30 (Reuters) - The U.S. State Department on
Friday called "troubling" Philippine President Rodrigo
Duterte's comments likening himself to Adolf Hitler and saying
he would be happy to exterminate 3 million drug users.
MOSCOW, Sept 30 (Reuters) - Russia's largest crude oil
producer Rosneft will take part in the sale of the
state's controlling stake in mid-size oil company Bashneft
, Rosneft said on Friday.
SOCHI, Russia, Sept 30 (Reuters) - Russia said on Friday
that it was resuming the previously shelved privatisation of
mid-size oil firm Bashneft and will allow the
country's largest crude producer, state-owned Rosneft, to
participate in the sale.
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