Energy Update
OSLO, Aug 25 (Reuters) - Norway-listed offshore driller
Seadrill, once the crown jewel in the business empire
of shipping tycoon John Fredriksen, said the oil industry may be
turning a corner as it posted second-quarter earnings above
forecasts on Thursday.
MILAN, Aug 25 (Reuters) - European shares fell in opening
deals on Thursday with mining stocks leading losers for a second
day in a row, while German market research firm GFK soared on
merger and acquisition talk.
MOSCOW, Aug 24 (Reuters) - When Donald Trump named a
little-known U.S. energy consultant as part of his foreign
policy team, the adviser's ex-boss was puzzled; how could the
relatively junior banker he knew in Moscow a decade ago be
qualified to brief a presidential candidate?
With shipping markets in the doldrums, Bunker Bulletin caught up with several marine fuel industry credit VIPs and asked them what keeps them up at night.
(Thu, 25 Aug 2016) Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables have contributed to this trend, but in different ways. After a lengthy West Coast drought, hydro generation has increased and is now closer to historical levels.
SINGAPORE, Aug 25 (Reuters) - Crude prices edged lower on
Thursday as brimming U.S. and Asian fuel inventories returned
investors' attention to a large global supply overhang, cutting
short a price rally and restricting Brent crude futures to below
the $50 a barrel mark.
WASHINGTON, Aug 24 (Reuters) - Actors Susan Sarandon, Riley
Keough and Shailene Woodley joined members of North Dakota's
Standing Rock Sioux Tribe outside a courthouse in Washington,
D.C., on Wednesday to protest against construction of a pipeline
they say would pollute water and desecrate sacred land.
WASHINGTON, Aug 24 (Reuters) - U.S. President Barack Obama
spoke by phone with Colombian President Juan Manuel Santos on
Wednesday to congratulate him on finalizing details of a peace
agreement to end the country's 50-year-old guerrilla war with
FARC rebels, the White House said.
Aug 24 (Reuters) - Colombia's historic peace agreement with
FARC rebels, to be unveiled on Wednesday after almost four years
of negotiations, is not likely to give the country's struggling
economy an immediate boost, investors said, as sluggish
commodities prices remain the most pressing issue.
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