Energy Update
LONDON, July 1 (Reuters) - British plans for more power
links with Europe to avert a looming electricity shortfall could
be hindered if the country no longer has a say in European Union
regulation of networks and power trading.
KAMPALA, July 1 (Reuters) - Uganda has begun negotiations
with a consortium led by South Korea's SK Engineering
for the building of a crude oil refinery after ending talks with
a group led by Russia's Rostec Global Resources, the energy
ministry said on Friday.
Novozymes A/S, the world’s largest supplier of enzymes, won a contract for the first full-scale power plant that will use the bugs to clean up household waste.
KAMPALA, July 1 (Reuters) - Uganda has begun negotiations
with a consortium led by South Korea's SK Engineering
for the building of a crude oil refinery and ended talks with a
group led by Russia's Rostec Global Resources, the energy
ministry said on Friday.
Spot metallurgical coal edged higher in the Asia Pacific region July 1 on stronger finished steel prices and perceived scarcity of August cargoes.
Nigeria has signed memoranda of understanding with Chinese investors to pump over $80 billion in oil and gas exploration and production projects.
Base metals preformed far better on the London Metal Exchange than many had expected following the vote by the UK to leave the EU, with nickel and zinc the only significant losers of the day.
OK, the UK is exiting the EU, Cameron has resigned, Scotland is considering secession, Moody’s put the British credit rating on watch, and 12 shadow ministers of the Labor Party were either sacked or resigned, as the UK’s extraordinary political crisis unfolds. Markets melted on last week, with $2 trillion in value wiped off the globe’s account books — the largest one-day value downgrade in world history.
BRASILIA, July 1 (Reuters) - Brazilian police on Friday
raided offices of a pulpmaker controlled by the billionaire
Batista family, a company spokesman said, in the latest stage of
the country's biggest-ever corruption investigation.
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