Energy Update
BUENOS AIRES, Sept 14 (Reuters) - German engineering group
Siemens plans to help create projects worth up to 5
billion euros ($5.6 billion) in Argentina after agreeing to
intensify cooperation with Buenos Aires, it said on Thursday.
Sept 15 (Reuters) - Walmart Canada will stop accepting Visa
Inc cards at its 16 stores in the province of Manitoba
starting on Oct. 24, a spokesman said on Wednesday, raising the
stakes in a high-profile fee dispute.
FRANKFURT/LONDON, Sept 14 (Reuters) - At least three leading
chemical companies are set to vie for BP's stake in
Chinese petrochemicals joint venture SECCO which could fetch
more than $2 billion, sources close to the process said.
BENGHAZI, Libya, Sept 15 (Reuters) - Libya's National Oil
Corporation is lifting force majeure at three ports seized days
earlier by eastern forces, and exports will resume immediately
at two of them, it said on Thursday.
MOSCOW, Sept 15 (Reuters) - Russian state power company
InterRAO may enhance its presence in Turkey once
relations between Moscow and Ankara are fully restored, a board
member told Reuters Russia Investment Summit.
KERCH, Crimea, Sept 15 (Reuters) - Russian Economy Minister
Alexei Ulyukayev said on Thursday the idea of raising the
mineral extraction tax as well as excise taxes on the oil sector
still needed to be studied carefully.
Sept 15 (Reuters) - Oil and natural gas producer Ophir
Energy Plc cut its 2016 capital budget for the second
time this year to weather a crude price slump and said it had
short-listed four potential partners for the Fortuna project in
Equatorial Guinea.
BENGHAZI, Libya, Sept 15 (Reuters) - A tanker arrived at
Libya's Ras Lanuf oil terminal on Thursday to load more than
600,000 barrels of crude, the first to dock at the terminal
since at least 2014, a port official said.
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