Energy Update
SEOUL, Aug 5 (Reuters) - State-owned Korea National Oil Corp
(KNOC) is in talks with the Kazakhstan government to pull out of
an oil field project due to disappointing exploration results, a
KNOC spokesman said on Friday.
SAN FRANCISCO, Aug 4 (Reuters) - California voters could
decide whether to extend the state's pioneering climate change
program beyond 2020 when they go to the polls in two years, an
official within Governor Jerry Brown's administration said on
Thursday.
BRASILIA, Aug 4 (Reuters) - Brazil's environmental regulator
Ibama decided on Thursday to shelve the environmental license
request for a hydroelectric dam on the Tapajos River in the
Amazon, a project that had been opposed by indigenous tribes and
conservation groups.
EagleClaw Midstream Ventures has signed an agreement to acquire Texas-based PennTex Permian from PennTex Midstream Partners for undisclosed amount.
HOUSTON, Aug 4 (Reuters) - Shale oil bellwether EOG
Resources Inc on Thursday boosted this year's fracking
plans by 30 percent, saying it expected big returns on new wells
even as oil dipped back to $40 a barrel.
Aug 4 (Reuters) - Idemitsu Kosan Co Ltd is looking
to acquire a smaller stake in Showa Shell Sekiyu than
planned, aiming to counter efforts by the former's founding
family to block a merger of the two oil distributors, the Nikkei
reported.
SAN FRANCISCO, Aug 4 (Reuters) - Solar Mosaic Inc, the top
provider of loans for home solar installations in the U.S., said
on Thursday it had raised $220 million in fresh funding to
continue growing the rooftop solar loan market.
Aug 4 (Reuters) - Oil and natural gas producer Canadian
Natural Resources Ltd reported a smaller
quarterly loss on Thursday as lower expenses helped offset a
slump in crude prices.
BUENOS AIRES, Aug 4 (Reuters) - Argentina's state-controlled
oil company YPF registered a net loss of 753 million
pesos ($50.7 million) in the second quarter, it said Thursday,
an abrupt reversal from the 2.3 billion peso profit it posted in
the same period a year ago.
CARACAS, Aug 4 (Reuters) - Venezuela's Oil Minister Eulogio
del Pino has spoken to OPEC Secretary-General Mohammed Barkindo
ahead of a meeting between OPEC and non-OPEC producers in hope
of boosting the global oil price, President Nicolas Maduro said
on Thursday.
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