Energy Update
LIBREVILLE, Sept 22 (Reuters) - Gabon oil workers will stay
at home from Thursday over concerns about potential violence
when a court delivers a final verdict on the central African
country's disputed election result, their union said.
JAKARTA, Sept 22 (Reuters) - Indonesia said on Thursday it
will eliminate taxes on oil and gas exploration this week in an
effort to bolster investment in the country's flagging oil and
gas sector.
LIBREVILLE, Sept 22 (Reuters) - Gabon oil workers will stay
at home from Thursday over concerns about potential violence
when a court delivers a final verdict on the central African
country's disputed election result, their union said.
Sept 22 (Reuters) - Oil-rig builder Lamprell Plc
said it was implementing further cost reductions in the face of
contract cancellations, pushing its shares up more than 10
percent.
HAMBURG, Sept 22 (Reuters) - Europe's largest sugar refiner
Suedzucker increased its full-year earnings forecast
on Thursday after rising sugar prices fuelled a 56 percent jump
in half-year earnings.
MOSCOW, Sept 22 (Reuters) - Russia's plan to top up its
sovereign Eurobond issue, raising an additional $1.25 billion,
is not linked to the government's privatisation programme,
Russian Economy Minister Alexei Ulyukayev said on Thursday.
The Eagle Ford shale oil patch has seen brighter days. New well permits are down, production is low (down from its 2015 peak of 1.7 million b/d, to around 980,000 b/d this year) and producers are pulling out of the region to focus their efforts elsewhere.
(Thu, 22 Sep 2016) Increased production of ethane in the United States has led to increased ethane exports, first by pipeline to Canada and more recently by tanker to overseas destinations. Ethane is used domestically and internationally as a key feedstock for plastics production and other industrial uses.
According to the National Hydropower Association, one of the best power sources to tap in the United States are non-powered dams.
SINGAPORE, Sept 22 (Reuters) - Marine logistics firm Marco
Polo said it has substantial doubt about being able to
continue as a going concern due to a cash crunch, as it sought
noteholders' approval to defer redeeming bonds worth S$50
million ($37 million) by three years.
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