Energy Update
MOSCOW, Aug 17 (Reuters) - A sale of part of Russia's
holding in oil producer Rosneft is a priority and will
come before any privatisation of mid-sized rival Bashneft
, First Deputy Prime Minister Igor Shuvalov said on
Wednesday.
ISTANBUL, Aug 17 (Reuters) - Three Turkish Coast Guard
personnel were killed on Wednesday after their vessel collided
with a bulk carrier in the Bosphorus strait, forcing officials
to temporarily suspend traffic in the busy shipping lane.
LAUNCESTON, Australia, Aug 17 (Reuters) - While a record
loss is certain to grab media headlines, the real story about
BHP Billiton is far more sanguine as the company tries
to prove that boring is better.
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.
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