Energy Update
LONDON, July 15 (Reuters) - Nine disputed trades that
Libya's sovereign wealth fund (SWF) entered into with Goldman
Sachs were unsuitable by "dint of risk and complexity",
according to an expert witness at a trial in London's High
Court.
WASHINGTON, July 15 (Reuters) - U.S. intelligence officials
have finished reviewing 28 classified pages of the official
report on the Sept. 11 attacks on the United States and they
show no evidence of Saudi complicity, White House spokesman Josh
Earnest said on Friday.
MILAN, July 15 (Reuters) - Asian liquefied natural gas (LNG)
prices rose further this week due to new tenders, extra buying
to replace lost output at Gorgon in Australia and short-covering
by traders.
SAO PAULO, July 15 (Reuters) - Shares of Cesp had their
biggest jump in eight years on Friday after São Paulo state, the
company's main shareholder, unveiled plans to sell control of
Brazil's No. 4 electricity generator.
(Adds latest increase in total oil and gas rig count in
paragraph 11)
July 15 (Reuters) - U.S. drillers this week added oil rigs
for a third week in a row, according to a closely followed
report Friday, as some producers boost spending and increase
activity to capture higher prices in the future despite a recent
slump in crude prices.
Drillers added six oil rigs in the week to July 15, bringing
YAMOUSSOUKRO, July 15 (Reuters) - Ivory Coast's SIR oil
refinery, the biggest in French-speaking West Africa, has asked
the government to take on debts that are keeping it from turning
a profit despite record output, its managing director said on
Friday.
VANCOUVER/TORONTO, July 15 (Reuters) - Soaring gold and
silver prices have clipped a deal-making spree for metals
streaming companies - the mining financiers that provided a
lifeline to the cash-strapped industry in recent years.
WASHINGTON/NEW YORK July 15 (Reuters) - Republican Donald
Trump's selection of Indiana Governor Mike Pence as his running
mate cheered the U.S. energy industry and dismayed green
advocates, with both sides citing Pence's support for coal
mining and defiance of President Barack Obama's climate-change
agenda.
TORONTO, July 15 (Reuters) - Canada's main stock index was
little changed on Friday as heavyweight bank stocks made some
gains, while most other groups including gold miners, energy
producers and telecom and technology stocks weighed.
BRUSSELS, July 15 (Reuters) - The European Union issued a
statement on Friday noting China's legal defeat over the South
China Sea but avoided direct reference to Beijing, reflecting
discord among EU governments over how strongly to respond to the
court ruling.
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