Energy Update
OTTAWA, June 29 (Reuters) - The leaders of the United
States, Canada and Mexico gather on Wednesday to stress the
importance of trade at a time of mounting international doubts
about the benefits of globalization.
(Wed, 29 Jun 2016) Stripper wells, or wells that produce small volumes, represent an important but decreasing share of total U.S. oil and natural gas production. These wells are characterized as producing no more than 15 barrels of oil equivalent per day (boe/d) over a 12-month period.
BEIJING, June 29 (Reuters) - Saudi and Japanese officials
will hold meetings on Wednesday to discuss Japanese investment
into the planned initial public offering (IPO) of a small part
of Riyadh-controlled Saudi Aramco, said Khalid Al-Falih, the
kingdom's energy minister.
TOKYO, June 29 (Reuters) - Idemitsu Kosan Co said
on Wednesday it was not considering issuing new shares in a
third-party allotment, denying a Kyodo News report that said the
move was aimed at diluting the founding family's ownership.
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.
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