Energy Update
MEXICO CITY, Sept 8 (Reuters) - Mexico's government on
Thursday set out plans for a bigger-than-anticipated cut in
public spending in 2017, with struggling state oil company Pemex
earmarked for a 100 billion peso ($5.36 billion) reduction in
funding.
Sept 8 (Reuters) - North Dakota's governor activated 100
National Guard troops on Thursday ahead of an expected ruling by
a federal judge on a Native American tribe's request to halt
construction of a crude oil pipeline that has drawn fierce
opposition and protests.
TOKYO, Sept 9 (Reuters) - Oil prices pulled back on
profit-taking on Friday after settling more than 4 percent
higher a day earlier after government data confirmed a
surprisingly huge drawdown in U.S. crude inventories.
TOKYO, Sept 9 (Reuters) - Oil prices pulled back on
profit-taking on Friday after settling more than 4 percent
higher a day earlier after government data confirmed a
surprisingly huge drawdown in U.S. crude inventories.
ACCRA, Sept 8 (Reuters) - A yield of 9.25 percent on Ghana's
oversubscribed $750 million Eurobond launched on Thursday
reflected investor confidence in the economy, Finance Minister
Seth Terkper told Reuters.
SINGAPORE, Sept 8 (Reuters) - The liquefied natural gas
(LNG) industry has morphed from energy's golden child to black
sheep in the last two years, with demand slumping just as
supplies soar.
LONDON, Sept 9 (Reuters) - Britain is set to miss its 2020
European renewable energy targets, a parliamentary committee
report said on Friday, setting a poor example for less wealthy
countries as the world tries to rein in global warming.
ABUJA, Sept 8 (Reuters) - Nigeria's Independent National
Electoral Commission (INEC) has postponed elections in the
southern state of Edo to Sept. 28 from Sept. 10 because of
security threats, a government official said on Thursday.
NEW YORK, Sept 8 (Reuters) - Pipeline company Enterprise
Products Partners on Thursday withdrew its takeover bid
for rival Williams Cos Inc, saying that Williams' lack
of engagement left it with "no actionable path forward."
Sept 8 (Reuters) - If investing in commodities involves
taking a bet against human ingenuity, than buying natural
resource equities is hedging that bet by going long productivity
gains at the same time.
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