Energy Update
Sept 1 (Reuters) - Most Southeast Asian stocks fell on
Thursday, in line with Asian peers, as investors shrugged off an
official survey showing Chinese factory activity unexpectedly
expanded in August, to focus on a U.S. jobs report that could
determine the timing of a rate increase by the Federal Reserve.
U.S. nonfarm payrolls data due on Friday remains this week's
key market focus after Federal Reserve Vice Chair Stanley
LAUNCESTON, Australia, Sept 1 (Reuters) - China's imports of
iron ore and coal remained robust in August, providing a
fundamental justification for the ongoing resilience in the
price of the two major bulk commodities.
NEW YORK, Sept 1 (Reuters) - Ferrellgas Partners LP
has quietly shed a five-year contract at a Philadelphia-area
crude rail terminal just a year after it obtained it through a
deal that gave the propane company its first foothold in the oil
logistics business.
(Thu, 01 Sep 2016) U.S. nuclear power plant outages have been higher this summer (June through August), averaging 4.3 gigawatts (GW), or 51% more than in 2015. Summer outages were at their highest in June, reaching 9.9 GW, or about 10% of total U.S. nuclear capacity, on June 17 and averaging 6.2 GW for the month. Outages dropped to an average of 4.4 GW in July and 2.4 GW in August.
TOKYO, Sept 1 (Reuters) - Japan is hoping the lure of deeper
economic ties with Russia will strengthen strategic relations in
the face of a rising China, but sceptics question whether the
approach will generate a breakthrough in a decades-old
territorial dispute.
SINGAPORE, Sept 1 (Reuters) - Oil prices rose in early Asian
trade on Thursday, rebounding on a weaker U.S. dollar after
falling around 3 percent or more in the previous session
following a surprisingly large build in U.S. crude and
distillate stocks last week.
LONDON, Sept 1 (Reuters) - The British government should
take a tougher stance against Volkswagen after its emissions
fraud, as well as increase the use of electric cars and reduce
air pollution from transport, a parliamentary environment
committee said on Thursday.
Lundin Petroleum announced that Statoil has provided an update in relation to the Johan Sverdrup project.
LAKE TAHOE, Nev., Aug 31 (Reuters) - U.S. President Barack
Obama said on Wednesday that preserving natural places would
help the world adapt to warming temperatures as he began a
10-day trip to stress the urgency of curbing climate change and
attend a G20 meeting in China.
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