Energy Update
LAUNCESTON, Australia, June 28 (Reuters) - China is a bigger
concern for crude oil and products markets than the current
worries about the British vote to leave the European Union.
LAUNCESTON, Australia, June 28 (Reuters) - China is a bigger
concern for crude oil and products markets than the current
worries about the British vote to leave the European Union.
SAN FRANCISCO, June 28 (Reuters) - An investor group called
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it highlighted founder and CEO Elon Musk's
dominance of the board in the wake of Tesla's proposed bid for
SolarCity.
LONDON, June 28 (Reuters) - Fossil fuel-producing companies
have been thrown onto the defensive over the last two years by
the argument that many of their reserves will be "stranded" as
the world transitions to cleaner forms of energy.
SAN FRANCISCO, June 28 (Reuters) - An investor group called
on Tesla Motors Corp on Tuesday to add two independent
directors to its board and separate the roles of chairman and
chief executive as it highlighted founder and CEO Elon Musk's
dominance of the board in the wake of Tesla's proposed bid for
SolarCity.
LONDON, June 28 (Reuters) - The Libyan wealth fund's former
deputy chief screamed and cursed at Goldman Sachs bankers in a
stormy meeting over derivatives trades made on the bank's advice
that ultimately turned out to be worthless, a witness told a
court on Tuesday.
TORONTO, June 28 (Reuters) - Canada's main stock index
scored its largest gain in seven weeks on Tuesday, paring some
of the losses inflicted in the prior two sessions after
Britain's shock vote to leave the European Union as oil rallied
and investors sought out bargains.
CALGARY, Alberta/HOUSTON, June 28 (Reuters) - At least two
offshore oil platforms halted operations on Tuesday in the U.S.
Gulf of Mexico after a fire at a natural gas processing plant in
Mississippi shut a crucial pipeline that brings output onshore,
several companies said.
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