Energy Update
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.
A three-judge panel at the U.S. Court of Appeals for the D.C. Circuit on July 5 threw out two government approvals for the Cape Wind Energy Project, which is a proposal to generate electricity from wind turbines off the coast of Massachusetts.
Russia’s concern about water rights is holding up a $1 billion loan package Mongolia is seeking from China to build a hydroelectric dam that would help the landlocked central Asian nation ensure independent supplies of energy.
Plans for the world’s first tidal lagoons off the coast of South Wales could be bolstered by Britain’s exit from the European Union, according to the developer pledging thousands of new jobs if the project is built.
July 15 (Reuters) - Citigroup Inc reported a 14
percent fall in quarterly profit, much smaller than the 25
percent drop Chief Executive Michael Corbat had warned of early
in June.
MOSCOW, July 15 (Reuters) - A Russian court will on July 28
start the trial of airport staff charged in the death of
Christophe Margerie, the head of French oil major Total who was
killed when his jet collided with a snow plough in a Moscow
airport, Russian media reported on Friday.
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