Energy Update
BEIJING, Sept 5 (Reuters) - Russia and Saudi Arabia agreed
to set up a task force to review oil market fundamentals and to
recommend measures and actions that will secure oil market
stability, according to a joint statement issued on the sideline
of G20 summit on Monday.
FRANKFURT, Sept 5 (Reuters) - European spot power prices
rose on Monday on rising demand and a continued warm period that
brought sunny but calm weather with low wind power production.
Sept 5 (Reuters) - Oilfield services company Hunting Plc
said it amended the terms of its credit facility after
reporting a first-half loss due to low commodity prices.
SHANGHAI, Sept 5 (Reuters) - Central China's Henan province
will cut annual coal capacity by 62.54 million tonnes and crude
steel by 2.4 million tonnes over the 2016-2018 period as part of
efforts to tackle nationwide supply gluts in the sectors, Xinhua
news agency reported.
LONDON, Sept 5 (Thomson Reuters Foundation) - The number of
Africans at risk of malaria who live near dams will nearly
double to 25 million by 2080 as areas where the disease is not
currently present will become transmission zones due to climate
change, researchers said on Monday.
HANGZHOU, China, Sept 4 (Reuters) - China hopes Australia
can provide a fair and transparent environment for foreign
investors, President Xi Jinping said on Sunday, as he met
Australian Prime Minister Malcolm Turnbull for the first time
since Canberra blocked a major deal.
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