Energy Update
BRASILIA, June 13 (Reuters) - The Supreme Court decided on
Monday to return a corruption investigation into former
Brazilian President Luiz Inacio Lula da Silva to a crusading
anti-corruption judge who is presiding over cases in the
sprawling Petrobras graft scandal.
CHICAGO, June 13 (Reuters) - CME Group on Monday
banned a former Delta Air Lines fuel trading executive
for using his wife's accounts to "front-run" the airline's
hedging positions - trades that netted him a profit of more than
$3 million.
TOKYO, June 14 (Reuters) - Crude oil futures fell in early
Asian trade on Tuesday, as investors ignored signs of market
tightness to focus on concerns over global growth and overnight
declines in stocks on the impending vote on Britain's possible
European Union exit.
BRASILIA, June 13 (Reuters) - Brazilian iron ore miner Vale
SA said on Monday that a 20 billion reais ($5.7
billion) civil lawsuit seeking environmental and property
damages for last year's deadly Samarco mine disaster has been
dismissed.
ABB commissioned an integrated solar-diesel microgrid installation at its 96,000 square meter Longmeadow facility in Johannesburg, South Africa.
BRASILIA, June 13 (Reuters) - Brazilian iron ore miner Vale
SA said on Monday that a 20 billion reais ($5.7
billion) civil suit over last year's Samarco mine disaster has
been dismissed, the company said in a securities filing.
CHICAGO, June 13 (Reuters) - CME Group on Monday
banned a former Delta Air Lines fuel executive for using
accounts owned by his wife to front-run trades subsequently
entered in an account controlled by the carrier and for breaking
other exchange rules.
June 13 (Reuters) - U.S. shale oil output is expected to
fall in July for the seventh consecutive month, according to a
U.S. government forecast on Monday, despite a recent rally in
crude prices to an 11-month high over $51 a barrel.
WASHINGTON, June 13 (Reuters) - A World Bank-led solar power
auction in Zambia has set a new low-cost benchmark for Africa,
with two development groups winning backing to build generating
plants in the next year, the international lender said on
Monday.
June 13 (Reuters) - Canadian pipeline operator TransCanada
Corp said on Monday it will build and operate a $2.1
billion natural gas pipeline in Mexico, as the company continues
to ramp up its presence in the Latin American country's large
gas market.
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