Energy Update
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board said on Wednesday a referendum sought by the opposition to
remove unpopular socialist President Nicolas Maduro could be
held in early 2017 if enough signatures are gathered to request
it.
SINGAPORE, Sept 22 (Reuters) - Oil prices extended gains
from the previous session in Asian trading on Thursday after a
surprise third consecutive weekly U.S. crude inventory draw
tightened the market.
NEW YORK, Sept 21 (Reuters) - Colonial Pipeline Co
said its main gasoline line, Line 1, was safely
restarted and returned to service on Wednesday after its biggest
leak in nearly two decades squeezed supply and led to increased
prices at the pump in the Southeast United States.
NEW YORK, Sept 21 (Reuters) - The latest insider trading
charges by U.S. securities regulators placed an unwelcome
spotlight on billionaire Leon Cooperman, the son of a Bronx
plumber who rose to become one of the most gifted stock pickers
of his generation.
Sept 21 (Reuters) - ExxonMobil Corp. has agreed to pay $12
million to Montana and the U.S. government to restore natural
resources damaged or destroyed by a pipeline rupture in 2011
that spilled oil into the Yellowstone River, according to a
settlement proposed on Wednesday.
Sept 21 (Reuters) - TransCanada Corp said its U.S.
natural gas pipeline unit had reached a settlement with
customers over proposed transportation rate hikes made earlier
this year.
The World Bank has approved US$390 million in additional financing to be used by Pakistan's Water and Power Development Authority for extensions of its Tarbela hydroelectric plant.
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