Energy Update
BEIRUT, Aug 1 (Reuters) - Iranian Supreme Leader Ayatollah
Ali Khamenei renewed his criticism of a nuclear deal signed with
six world powers in a speech in Tehran on Monday, and accused
the United States of failing to keep its side of the bargain.
Aug 1 (Reuters) - Solar panel maker Trina Solar Ltd
said it agreement to be acquired by an investor consortium that
includes Chief Executive Jifan Gao, in an all-cash deal valuing
the Chinese company at about $1.1 billion.
JUBA, Aug 1 (Reuters) - At least nine people were killed in
South Sudan over the weekend in renewed clashes between troops
loyal to President Salva Kiir and those of his longtime rival
Riek Machar, a spokesman for Machar said on Monday.
The global climate is not the only environment suffering from an abundance of hot air and inclemency. Consider the political/policy climate in the U.S., e.g., November elections, and abroad, e.g., Brexit, and the near-term impact of these socio-economic factors on national and international efforts to sufficiently slow the rate of climate change. As we ponder these events, we must remember that time is of the essence!
LONDON, Aug 1 (Reuters) - Hedge funds have turned very
bearish towards both crude and refined products over the last
two months amid signs of an oversupply of gasoline.
LUANDA, Aug 1 (Reuters) - Two rebels and 17 Angolan soldiers
were killed in two incidents in the oil-producing province of
Cabinda at the weekend, the separatist Front for the Liberation
of the Enclave of Cabinda (FLEC) said on Monday.
High regional gas prices in South America, most notably Argentina, are attracting US exports of domestically produced LNG, with more than 70% of landed cargoes arriving on the continent so far this year, according to new data compiled by Platts Analytics' Eclipse Energy.
LAUNCESTON, Australia, Aug 1 (Reuters) - Sometimes actions
really do speak louder than words, with Saudi Arabia's slashing
of crude oil prices to customers in Asia contrasting with recent
comments from the kingdom's top oil executive that chasing
market share isn't a priority.
LONDON, Aug 1 (Reuters) - Britain will continue to seek a
strong relationship with China, a spokeswoman for Prime Minister
Theresa May said on Monday following the decision last week to
delay approval of a partly Chinese-funded nuclear reactor
project.
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