Energy Update
WASHINGTON, June 27 (Reuters) - President Barack Obama,
Canadian Prime Minister Justin Trudeau and Mexican President
Enrique Pena Nieto will this week agree that their three
countries will aim to produce 50 percent of their power from
clean energy sources by 2025, the White House said on Monday.
WASHINGTON, June 27 (Reuters) - The U.S. Securities and
Exchange Commission on Monday approved a rule requiring oil, gas
and mining companies to disclose payments made to foreign
governments, capping a process stalled in the courts for years.
WASHINGTON, June 27 (Reuters) - The U.S. government has
extended through Aug. 30 a reprieve to Chinese smartphone maker
ZTE Corp on the tough export restrictions it imposed
on the company in March, the Commerce Department said in a
public notice posted online Monday.
NEW YORK, June 27 (Reuters) - A New York energy investor
pleaded guilty on Monday to charges that he engaged in a
years-long scheme to avoid paying more than $45 million in
income and other taxes stemming in part from his sale of an oil
company.
WASHINGTON, June 27 (Reuters) - Volkswagen AG's
settlement with nearly 500,000 U.S. diesel owners and government
regulators over polluting vehicles is valued at more than $15
billion, a source briefed on the matter said on Monday.
ABUJA, June 27 (Reuters) - Nigeria's President Muhammadu
Buhari on Monday told a gathering of business leaders that he
did not see the benefit of the naira's currency peg against the
U.S. dollar being removed.
WASHINGTON, June 27 (Reuters) - U.S. antitrust regulators
filed a complaint on Monday to block the proposed merger of
Canadian chemical companies Superior Plus Corp and
Canexus Corp.
NEW YORK, June 27 (Reuters) - Williams Cos Inc
shareholders voted on Monday for the pipeline company's agreed
upon takeover by rival Energy Transfer Equity, while
Williams appeals a court ruling that would allow ETE to walk
away from the more than $20 billion deal.
SAO PAULO, June 27 (Reuters) - The Brazilian government has
no immediate plans to raise the so-called Cide tax on gasoline
despite a request from the sugar and ethanol sector to do so, a
senior official at the Mining and Energy Ministry said on
Monday.
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