Energy Update
NEW YORK, July 14 (Reuters) - Global corporate defaults grew
to 100 issuers so far in 2016, up 50 percent from a year ago and
the most at this point of the year since the 177 during the
credit crisis in 2009, Standard & Poor's said on Thursday.
UNITED NATIONS, July 14 (Reuters) - The United Nations said
on Thursday it will move non-critical staff out of South Sudan
after an eruption of violence and has received reports accusing
President Salva Kiir's troops of targeting U.N. staff and
foreign aid workers amid the fighting.
ABUJA, July 14 (Reuters) - First quarter revenues in Nigeria
reached only 55 percent of what the government had targeted, the
budget minister said on Thursday, blaming attacks on oil
facilities in the southern Niger Delta region.
LAGOS, July 14 (Reuters) - A gas pipeline operated by
Nigeria's state energy company in southwestern Ogun state has
been attacked by men disguised as maintenance staff, local
police said on Thursday.
MOSCOW, July 14 (Reuters) - A Russian court postponed until
Friday a preliminary hearing on the death of the ex-boss of
French oil major Total who was killed when his jet collided with
a snow plough in a Moscow airport.
BEIJING, July 14 (Reuters) - China said on Thursday it had
issued a formal protest after Australia announced it would
continue to exercise its right to freedom of navigation and
overflight in the South China Sea following a court ruling
against China's claims.
JAIPUR, India, July 14 (Thomson Reuters Foundation) - When
businessman Narendra Sethi first installed solar panels on the
flat roof of his Jaipur home last October, they drew the
attention of more than admiring neighbours.
July 14 (Reuters) - JPMorgan Chase & Co is lending
more and keeping a lid on expenses to combat the scourge of low
interest rates, allowing management to stick to financial goals
for the year.
BRUSSELS, July 14 (Reuters) - European governments are torn
over how to respond to China's defeat in a legal battle over the
South China Sea, fearful of alienating their second-largest
trading partner and hampered by a maritime dispute among their
own members.
SOFIA, July 14 (Reuters) - Bulgaria's state energy company
BEH has mandated JPMorgan and Banca IMI to hold a series
of meetings with investors from Monday as it prepares to sell
bonds worth about 500 million euros ($555 mln), it said on
Thursday.
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