Energy Update
SAO TOME, Aug 7 (Reuters) - Voters in Sao Tome and Principe
went to the polls on Sunday in the second round of the country's
presidential election, with ex-speaker of parliament Evaristo
Carvalho guaranteed victory after incumbent Manuel Pinto da
Costa boycotted the race.
LONDON, Aug 7 (Reuters) - Some tax proceeds from shale gas
developments in Britain could be given directly to residents,
Prime Minister Theresa May said on Sunday, in a bid to help
clear the path for an industry hampered for years by local
opposition to fracking.
BRASILIA, Aug 6 (Reuters) - Jailed Brazilian construction
magnate Marcelo Odebrecht has told prosecutors he contributed
illegally to the election campaign of now-interim President
Michel Temer in 2014, Veja newsweekly reported on Saturday.
Aug 6 (Reuters) - Tropical Depression Earl was expected to
dissipate over Mexico later on Saturday after it was downgraded
from a tropical storm, the U.S. National Hurricane Center said.
Aug 6 (Reuters) - Tropical Storm Earl moved inland early on
Saturday over southeastern Mexico where torrential rains could
produce deadly flash floods and mudslides, the U.S. National
Hurricane Center said.
ISTANBUL/MOSCOW, Aug 6 (Reuters) - As Turkey's relations
with Europe and the United States are strained by the fallout
from its failed coup, President Tayyip Erdogan travels to Russia
on Tuesday to meet Vladimir Putin in a trip he may hope will
give the West pause for thought.
ANKARA, Aug 6 (Reuters) - At least one person was killed and
three others injured in an Iranian gas pipeline explosion early
on Saturday near the town of Gonaveh in the southern province of
Bushehr, a local official told state news agency IRNA.
SAN FRANCISCO, Aug 5 (Reuters) - Tesla Motors Inc
on Friday disclosed $1.1 billion in third quarter cash
requirements in payments and planned expenditures, about a third
of the cash on hand mid-year, in a new sign of pressure on the
electric vehicle maker.
(Adds natural gas prices, background)
Aug 5 (Reuters) - U.S. natural gas speculators boosted their
net longs for the first week in three, betting prices will rise
as production eases and power demand remains high to meet air
conditioning use during a hotter-than-normal summer.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 25,904 contracts to 114,842 in the week to
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