Energy Update
July 22 (Reuters) - Husky Energy Inc crews on
Friday worked to clean up an oil spill into a major western
Canadian river, the company said, with efforts focused on
ensuring it does not contaminate the drinking water of
communities downstream.
MILAN, July 22 (Reuters) - Asian liquefied natural gas (LNG)
prices extended a run of gains this week as Argentinian
purchasing helped fuel the rally, against the backdrop of two
major producers shutting in exports in September.
July 22 (Reuters) - U.S. drillers this week added oil rigs
for a fourth consecutive week, according to a closely followed
report on Friday, with the recent return to the well pad
expected to soften the decline in domestic crude production.
Drillers added 14 oil rigs in the week to July 22, bringing
the total rig count up to 371, compared with 659 a year ago,
energy services firm Baker Hughes Inc said.
MEXICO CITY, July 22 (Reuters) - Mexican President Enrique
Pena Nieto said on Friday he respects both of the leading
candidates to be the next president of the United States and
will seek a "frank and open" dialogue with the eventual winner.
Eduardo Porter, in a recent piece entitled “How Renewable Energy is Blowing Climate Change Efforts Off Course,” demonstrates that one can bend so far backwards to support nuclear energy that one ends up with their head in the entirely wrong place.
LONDON, July 22 (Reuters) - The European Bank for
Reconstruction and Development said on Friday it will continue
to lend in Turkey following the failed coup attempt in the
country and subsequent surge in political uncertainty.
July 22 (Reuters) - Silver Run Acquisition Corp,
run by energy industry veteran Mark Papa, said on Friday it had
taken a controlling stake in oil producer Centennial Resource
Development LLC, with plans to develop its acreage in the
Permian basin of Texas.
The Enel Group last week said that its Enel Green Power division will work with geothermal developer PT Optima Nusantara Energi on exploration of geothermal resources for the development of the 55-MW Way Ratai geothermal project in Indonesia’s Lampung province.
July 22 (Reuters) - Honeywell International Inc cut
its full-year sales forecast and reported lower-than-expected
quarterly revenue as sales in its aerospace division
unexpectedly declined.
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