Energy Update
HELIN, China, Aug 14 (Reuters) - Deep in the coal
heartlands of northern Shanxi province, people in Helin village
are fighting a losing battle as the ground beneath them
crumbles: patching up cracks, rebuilding walls and filling in
sinkholes caused by decades of coal mining.
DUBAI, Aug 17 (Reuters) - Iran's crude oil exports in July
were more than 2.1 million barrels per day, the oil ministry's
news agency SHANA cited a senior Iranian oil official as saying
on Wednesday.
FRANKFURT, Aug 17 (Reuters) - European spot power prices on
Wednesday were mixed as German prices fell on improved thermal
power supply and French prices rose on tighter nuclear
availability.
Aug 17 (Reuters) - UK construction company Balfour Beatty
declared its first dividend for 18 months on Wednesday
and said it expected to boost margins to standard levels for the
sector over the next 24 months following a turbulent few years.
KUALA LUMPUR, Aug 17 (Reuters) - An oil tanker, which was
earlier reported to have been hijacked and sailed into
Indonesian waters, was believed to have been taken due to a
commercial dispute, Malaysian authorities said on Wednesday.
Aug 17 (Reuters) - Balfour Beatty Plc restarted
dividends with a 0.9 pence interim payment and said it expected
its business to reach industry-standard level margins over the
following 24 months, showing promise of sustained growth after a
turbulent few years.
The unique nature of the US ferrous scrap trade makes for some tense moments and critical decisions.
(Wed, 17 Aug 2016) Energy-associated carbon dioxide (CO2) emissions from natural gas are expected to surpass those from coal for the first time since 1972. Even though natural gas is less carbon-intensive than coal, increases in natural gas consumption and decreases in coal consumption in the past decade have resulted in natural gas-related CO2 emissions surpassing those from coal.
KUALA LUMPUR, Aug 17 (Reuters) - An oil tanker carrying
900,000 litres of diesel has been hijacked and taken into
Indonesian waters, Malaysian maritime authorities said on
Tuesday.
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