Energy Update
Aug 8 (Reuters) - Britain's energy fund Riverstone Energy
Ltd said it would sell its stake in Rock Oil Holdings
LLC, a U.S.-based oil and gas explorer, to SM Energy Co
for $237 million.
JAKARTA, Aug 8 (Thomson Reuters Foundation) - Thousands of
Filipino workers stranded in Saudi Arabia due to a massive
layoff triggered by a slump in oil prices have pleaded to the
Philippine government to expedite their repatriation.
LAUNCESTON, Australia, Aug 8 (Reuters) - Global producers of
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
Episode 100 of the S&P Global Platts Capitol Crude podcast, featuring EIA chief Adam Sieminski, aims to demystify the complex world of US oil policy.
WASHINGTON, Aug 8 (Reuters) - Republican presidential
candidate Donald Trump would impose a temporary moratorium on
new federal regulations and revive Transcanada's Keystone
pipeline project, according to an outline of an economic speech
Monday obtained by Reuters.
FRANKFURT, Aug 8 (Reuters) - European prompt power was mixed
on Monday, with German prices rising on tighter renewables
supply while prices in France dropped on falling temperatures.
LONDON, Aug 8 (Reuters) - Britons living near "fracking"
developments will be able to decide how a 1 billion pound ($1.3
billion) shale gas wealth fund should be spent, either by
accepting direct personal payments or supporting projects such
as railways or flood defences, the government said on Monday.
LAUNCESTON, Australia, Aug 8 (Reuters) - Global producers of
liquefied natural gas (LNG) are facing a choice they probably
didn't anticipate or want, but their response will likely shape
the future of their industry.
BEIJING, Aug 8 (Reuters) - China's fuel exports rose to a
record in July as easing demand growth and a surplus in refined
oil products pushed refiners to increase shipments to overseas
buyers.
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