Energy Update
WASHINGTON, Sept 27 (Reuters) - The centerpiece of President
Barack Obama's climate change strategy faced a key test on
Tuesday as conservative appeals court judges questioned whether
his administration overstepped its legal authority under an air
pollution law to make sweeping changes to the U.S. electric
sector.
TORONTO, Sept 27 (Reuters) - Energy and mining stocks
dragged Canada's main stock index lower on Tuesday, cancelling
out a modest relief rally elsewhere from a perceived win for
Democrat Hillary Clinton in a U.S. presidential debate.
JUBA, Sept 27 (Reuters) - Rebel forces in South Sudan said
government troops attacked their garrison in a town in the north
on Tuesday, and they threatened swift retaliation, stoking fears
of another full-blown military confrontation in the young
nation.
OTTAWA, Sept 27 (Reuters) - The Canadian government is set
to announce a decision later on Tuesday on the approval of a
proposed Petronas-led liquefied natural gas plant,
according to a source familiar with the matter.
BAGHDAD, Sept 27 (Reuters) - Iraq is carrying out a
mediation between Saudi Arabia and Iran to bring about an
agreement that would lift crude prices, at a meeting of
crude-producing nations in Algiers, Iraqi Oil Minister Jabar Ali
al-Luaibi said on Tuesday.
PARIS, Sept 27 (Reuters) - Electric car prototypes and plans
are set to dominate the Paris auto show as the Volkswagen
diesel scandal and falling battery costs persuade
executives and investors that plug-in vehicles are ready to go
mainstream.
GENEVA, Sept 27 (Reuters) - The top United Nations official
in Libya called on Tuesday for countries to support the
fledgling national unity government of the North African country
and do more to halt banned arms shipments there.
Investors have been burnt before, and are now skeptical that OPEC will overcome its internal divisions and agree to do something about chronically low oil prices.
Sept 27 (Reuters) - Oil services company Weatherford
International LLC has agreed to a $140
million penalty to settle charges it inflated earnings by using
deceptive income tax accounting, the U.S. Securities and
Exchange Commission said on Tuesday.
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