Energy Update
NEW YORK, June 20 (Thomson Reuters Foundation) - Video-game
developers are competing this week in a contest that will reward
games that combat neither mortal enemies nor monsters but
climate change.
SAO PAULO, June 20 (Reuters) - Brazilian mining company
Samarco Mineração SA and owners Vale SA and BHP
Billiton Plc have hired banks to sound out creditors on
a potential renegotiation of $3.8 billion in debt, after a
deadly dam spill led to the shutdown of a key mine, a source
with direct knowledge of the plan said on Monday.
Our shipping editors explore the latest trends in the dry bulk S&P and ship recycling markets, giving a forward outlook for the global dry bulk fleet.
OTTAWA, June 20 (Reuters) - Tighter environmental rules for
Canadian natural resource projects could start coming into force
in 2017, ahead of schedule, an official said on Monday, giving
industry an idea of when to expect the new measures.
TORONTO, June 20 (Reuters) - Canada's main stock index rose
on Monday, with financial and energy stocks leading a broad
rally as investors returned to equity markets on rising
expectations that Britain will vote to remain in the European
Union later this week.
MADRID, June 20 (Reuters) - Spanish builder Sacyr
will use an additional 317 million euros ($358 mln) from the
sale of real estate unit Testa to partially pay down a loan it
took out to buy its stake in oil company Repsol, it
said on Monday.
VANCOUVER, June 20 (Reuters) - The City of Vancouver said on
Monday it had taken legal action against the Canadian energy
regulator's approval of Kinder Morgan's Trans Mountain
pipeline expansion, which would increase the number of oil
tankers passing through city waters.
ST PETERSBURG, Russia, June 20 (Reuters) - Rival camps
inside President Vladimir Putin's entourage are preparing to do
battle with each other over whether the Russian state should
keep its role as custodian of the economy.
The Obama Administration last week announced a series of actions and activities that it says are designed to encourage 1.3 GW of energy storage procurement or deployment over the next five years.
ISLAMABAD, June 20 (Reuters) - Pakistan could end energy
rationing within two years, the Asia Development Bank (ADB)
country director for Pakistan said on Monday, adding weight to
government claims that they will end frequent outages in time
for the 2018 elections.
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