Energy Update
MEXICO CITY, July 30 (Reuters) - The state prosecutor's
office in Mexico's western state of Michoacan said on Saturday
that nine people were found dead near Pemex pipelines in the
municipality of Cuitzeo.
LAGOS, July 30 (Reuters) - United Nations children's agency
UNICEF said it is continuing its aid work in northeastern
Nigeria, a former stronghold of Islamist militant group Boko
Haram, despite an attack on a humanitarian convoy earlier this
week.
LONDON, July 30 (Reuters) - British Prime Minister Theresa
May personally intervened to delay the French and Chinese-backed
Hinkley Point nuclear project so she could further consider the
deal, a government source said, explaining Friday's shock move.
WASHINGTON, July 30 (Reuters) - The ocean has gotten noisier
for decades, with man-made racket from oil drilling, shipping
and construction linked to signs of stress in marine life that
include beached whales and baby crabs with scrambled
navigational signals.
LONDON, July 30 (Reuters) - Theresa May was unhappy with the
"gung-ho" approach her predecessor took to Chinese investment in
Britain, a former colleague said on Saturday, after the new
British prime minister cast into doubt a high-profile
Chinese-funded nuclear project.
WASHINGTON, July 29 (Reuters) - The United States said on
Friday it would allow foreign airlines to fly U.S.-made aircraft
to Iran, providing greater assurance to aviation companies as
Iran tries to re-establish trade and business links following
the lifting of sanctions.
TORONTO, July 29 (Reuters) - Canada's main stock index rose
on Friday, as its large energy sector recouped some losses from
earlier in the week with oil prices steadying, and miners gained
with gold trading at a three-week high.
(Adds details on gas futures, background)
July 29 (Reuters) - U.S. natural gas speculators cut their
net long positions for a second week in a row, betting prices
will decline in the future to encourage power generators to keep
burning record amounts of gas instead of coal.
Speculators in four major NYMEX and ICE markets reduced
their bearish bets by 2,609 contracts to 88,939 in the week to
July 29 (Reuters) - U.S. natural gas speculators cut their
net long positions for a second week in a row, betting prices
will decline in the future to encourage power generators to keep
burning record amounts of gas instead of coal.
Speculators in four major NYMEX and ICE markets reduced
their bearish bets by 2,609 contracts to 88,939 in the week to
July 26, the U.S. Commodity Futures Trading Commission said on
Friday.
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