Energy Update
July 6 (Reuters) - Nigerian militant group the Niger Delta
Avengers denied responsibility for blowing up on Tuesday the
NNPC pipeline in Eleme, adding it was closing all its social
network accounts.
TORONTO, July 6 (Reuters) - Canada's biggest pension funds
are prepared to finance the construction of major new federal
government infrastructure projects, according to senior fund
sources, marking a shift from their traditional strategy of
avoiding development risk.
National Grid said June 30 that a few days before, a 20-mile undersea cable between the Rhode Island mainland and Block Island offshore wind project came to shore.
LONDON, July 6 (Reuters) - The British government's offer of
financial aid to potential buyers of Tata Steel's UK assets is
still on the table, business minister Anna Soubry said on
Wednesday, despite Britain's shock vote last month to leave the
European Union.
BARCELONA, July 6 (Thomson Reuters Foundation) - For
developing countries seeking to turn their national climate
action plans into reality, help will soon be at hand in the form
of a support service announced by the German government and the
U.S.-based World Resources Institute this week.
NEW YORK, July 6 (Reuters) - U.S. East Coast refiners have
cut production in recent days amid mounting concerns that a glut
of supply will hammer profits even as motorists are expected to
hit U.S. roads in record numbers this summer.
ATHENS, July 6 (Reuters) - Italy's state railway company
looks poised to buy Greece's railway operator TRAINOSE after
being the sole bidder for the group, which is being sold under
the government's privatisation programme.
(Adds data table)
NEW YORK, July 6 (Reuters) - U.S. crude oil exports rose to a record 662,000 barrels per day in May from 591,000 bpd in April, foreign
trade data from the U.S. Census Bureau showed on Wednesday.
Canada accounted for the most U.S. crude exports at 308,000 bpd, followed by the Netherlands at 110,000 bpd and Curacao at 67,000 bpd.
Other prominent destinations were Britain at 36,000 bpd, Japan at 29,000 bpd and Italy at 23,000 bpd.
Chinese battery technology provider BYD Co. Ltd. on June 30 said it has signed an energy storage joint development agreement with French utility EDF.
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