Energy Update
With over 6,000 km of coastline, 123 active volcanoes and numerous deserts and mountains, Chile’s renewable energy market is teeming with potential.
SYDNEY/WELLINGTON, Aug 8 (Reuters) - Australian shares
rallied on Monday, tracking Wall Street's positive lead with
banks, miners and energy companies leading gains, while New
Zealand stocks were near last week's record high.
SHANGHAI, Aug 8 (Reuters) - Seven large Shanxi
province-owned coal miners will be permitted to extend the
maturities of some existing debt, the official Xinhua news
agency reported Sunday, citing a document released by the Shanxi
branch of China's banking regulator.
SINGAPORE, Aug 8 (Reuters) - Oil prices rose in early
trading on Monday, lifted by reports of renewed talks by some
members of the Organization of the Petroleum Exporting Countries
(OPEC) to restrain output.
DAR ES SALAAM, Aug 8 (Thomson Reuters Foundation) - Ten
years after losing their homes and grazing lands in a "brutal"
eviction from a vast Tanzanian wetland, a group of more than 600
farmers have won their battle for compensation.
UNITED NATIONS, Aug 7 (Reuters) - The United States proposed
on Sunday that the United Nations Security Council authorize a
4,000-strong force to ensure peace in South Sudan's capital Juba
and threaten to impose an arms embargo if the transitional
government does not cooperate.
Proserv, a global technology services company, has formed a strategic partnership with KLAW Products to offer an enhanced field safety service preventing offshore spills in the Middle East.
Diamond Pipeline, a joint venture between Plains All American Pipeline and Valero, has submitted an order for more than $47m in coated 20-inch pipe to Welspun in Little Rock, Ark.
SYDNEY, Aug 8 (Reuters) - Australian shares are set to have
a strong start on Monday following a positive lead on Wall
Street and an expected boost to mining stocks from a jump in
iron ore prices.
Global miner BHP Billiton is expected to open 1.8
percent higher, tracking a gain in its U.S. ADRs.
Local share price index futures rose 0.6 percent to
5,489 points, but that was still an 8.4-point discount to the
TOKYO, Aug 7 (Reuters) - Japan has filed a protest to
Beijing after the discovery that China installed radar equipment
in a gas exploration platform close to disputed waters in the
East China Sea, a Japanese foreign ministry spokesman said on
Sunday.
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