Energy Update
CARACAS, Aug 26 (Reuters) - President Nicolas Maduro said on
Friday that Venezuela had signed over $5.5 billion in mining
deals with companies including Canada's Barrick Gold Corp
and China's Shandong Gold.
Aging batteries from electric cars will soon find a second life as power-storage systems for homes and offices, according to Bloomberg New Energy Finance.
The International Finance Corporation (IFC), in cooperation with the Government of Canada and the Clean Technology Fund, will invest $161 million in three biomass power plants in the Philippines.
SAO PAULO, Aug 26 (Reuters) - Federal police in Brazil urged
prosecutors on Friday to bring corruption charges against former
President Luiz Inacio Lula da Silva and his wife, Marisa,
according to police documents seen by Reuters.
Aug 26 (Reuters) - The number of U.S. oil drilling rigs were
unchanged this week after eight weeks of consecutive rises,
according to a closely followed report on Friday, although
traders and analysts expect the rig count to keep rising given
the recovery in crude prices.
The rig count remained steady at 406 in the week to Aug. 26,
compared with 675 a year ago, energy services firm Baker Hughes
Inc said. .
WASHINGTON, Aug 26 (Reuters) - Actions by Iranian vessels in
several encounters with U.S. warships in the Gulf this week are
cause for concern and increase risks of miscalculation, the
White House said on Friday.
OTTAWA, Aug 26 (Reuters) - Canadian Prime Minister Justin
Trudeau will raise the issue of a dispute over C$2 billion
($1.55 billion) worth of Canadian canola exports to China when
he meets with officials there next week, a senior Canadian
official said on Friday.
KHARTOUM, Aug 26 (Reuters) - South Sudan opposition leader,
Riek Machar, has left hospital but will remain in Khartoum for
some time, Sabt Makkouk, an aide accompanying Machar, said on
Friday.
WASHINGTON, Aug 26 (Reuters) - U.S. economic growth was a
bit more sluggish than initially thought in the second quarter
as businesses aggressively ran down stocks of unsold goods,
offsetting a spurt in consumer spending.
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