Energy Update
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.
The Rittershoffen deep geothermal power plant was inaugurated recently in France.
Will the price of power go up? Could the lights go out? Britain’s shock withdrawal from the European Union poses big questions, and urgency was in the air when the House of Lords, Parliament’s chamber responsible for amending legislation, quizzed two experts in energy and climate change last week.
LONDON, July 21 (Reuters) - Exports of Nigeria's largest
crude oil stream, Qua Iboe, will remain under force majeure for
at least one month while operator ExxonMobil repairs a
leak on the pipeline feeding the terminal, sources told Reuters.
TORONTO, July 21 (Reuters) - Canada's main stock index
gained in morning trading on Thursday, boosted by strong
earnings reports from Rogers Communications Inc and
Encana Corp and a rebound in some materials stocks.
TRIPOLI, July 21 (Reuters) - Libya's U.N.-backed unity
government has said that France did not coordinate with it over
the presence of French troops in Libya and that it would not
compromise on its sovereignty after France announced the deaths
of three of its soldiers there.
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