Energy Update
July 1 (Reuters) - U.S. natural gas speculators boosted
their net longs for a fifth consecutive week, betting prices
will continue to rise as production eases and power demand
remains high to meet air conditioning use during an unusually
hot start to the summer.
Speculators in four major NYMEX and ICE markets added to
their bullish bets by 12,095 contracts to 106,304 in the week to
July 1 (Reuters) - A U.S. grand jury has charged a Spanish
investor with lying to regulators probing insider trading ahead
of an August 2010 hostile bid for Potash Corp of Saskatchewan
Inc, even though he had been cleared of charges over
his own trading.
July 1 (Reuters) - Williams Cos Inc's board stood by
CEO Alan Armstrong and named a new chairman on Friday after six
directors resigned following a failed attempt to unseat him.
(Adds benchmarks, basin and offshore details, total average
cuts in the first half of 2016)
July 1 (Reuters) - U.S. drillers this week added oil rigs
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, the
NEW YORK, July 1 (Reuters) - After long considering
Argentina's equities, Manning & Napier Inc portfolio
manager Ben Rozin was finally motivated to buy late last year,
taking a stake in agriculture company Adecoagro SA.
July 1 (Reuters) - U.S. drillers this week added oil rigs
for a fourth week in five, according to a closely followed
report Friday, in the best month of producers returning to the
well pad since August that signaled a near-two year rout in
drilling may have ended.
Drillers added 11 oil rigs in the week to July 1, bringing
the total rig count up to 341, compared with 640 a year ago,
energy services firm Baker Hughes Inc said.
SYDNEY/RIO DE JANEIRO, July 1 (Reuters) - BHP Billiton
and Vale SA said on Friday they would appeal
a Brazilian court's decision to reinstate a $6 billion public
civil claim from Brazilian authorities over last year's Samarco
iron ore mine disaster.
LONDON, July 1 (Reuters) - The Federal Reserve will keep a
close eye on China's currency moves and its impact on the global
economy and markets, Cleveland Fed President Loretta Mester said
on Friday.
Building a better mousetrap isn’t easy. Nor is qualifying for a new category for solar water heating. In truth, ICC-SRCC testing for a solar PV water heating system did not exist prior to the introduction of Sun Bandit.
New York’s Reforming the Energy Vision (REV) initiative is transforming how utility stakeholders view the power sector’s future, but for the first time polling has revealed widespread support for REV from consumers themselves.* Evidence of strongly positive attitudes toward clean energy in general, and REV in particular has major implications for utilities and regulators.
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