Energy Update
July 21 (Reuters) - Schlumberger Ltd, the world's
No.1 oilfield services provider, reported a quarterly loss,
compared with a profit a year earlier, as it took a charge of
$2.57 billion related to asset impairments and job cuts.
SAO PAULO/LIMA, July 21 (Reuters) - Lenders could accelerate
the disbursement of a $4.125 billion loan to Peruvian gas
pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian
engineering group Odebrecht SA fully exits the project
overseeing the construction of the pipelines, three people
familiar with the matter said on Thursday.
ACCRA, July 21 (Reuters) - Ghana's parliament has taken a
step towards passing a law on central bank reform that could
breach a key tenet of its $918 million aid deal with the
International Monetary Fund (IMF), parliamentary and finance
sources told Reuters.
NEW YORK, July 21 (Reuters) - Oil prices fell 2 percent on
Thursday, as the market took a closer look at U.S. government
data that showed growing inventories of gasoline and other oil
products pushed total petroleum supplies in the No. 1 oil
consumer to record highs.
LONDON, July 21 (Reuters) - A trial date for a lawsuit
brought by Libya's $67 billion sovereign wealth fund against
French investment bank Societe Generale was pushed back to April
25, 2017, by a judge's ruling in London's High Court.
LONDON, July 21 (Reuters) - HSBC is reviewing a
past investigation of forex trades after the arrest on Tuesday
night of a senior manager in New York for alleged fraud,
according to a source familiar with the matter.
July 21 (Reuters) - ExxonMobil Corp said on Thursday
it would buy InterOil Corp for more than $2.5 billion in
stock, adding a gas field to expand exports from Papua New
Guinea and better positioning it to meet Asian demand for
liquified natural gas.
COLOMBO, July 21 (Reuters) - Sri Lanka's cash-strapped
national airline is in talks to lease four of its Airbus A330
planes to Pakistan International Airlines Corp, a
government minister said on Thursday, months after cancelling an
order for four Airbus A350 aircraft.
CALGARY, Alberta, July 21 (Reuters) - The Canadian oil and
gas earnings season kicked off on Thursday with signs of an
industry recovery as Encana Corp and Precision Drilling
Corp outlined plans to boost activity.
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