Energy Update
MEXICO CITY, June 6 (Reuters) - Mexico's rulers should
listen to the message from voters after regional elections in
which his ruling party was handed a solid drubbing, President
Enrique Pena Nieto said on Monday.
MEXICO CITY, June 6 (Reuters) - A tropical depression has
formed off the southern coast of Mexico, the U.S. National
Hurricane Center said on Monday, adding it was expected to
become a tropical cyclone within 48 hours.
UNITED NATIONS, June 6 (Reuters) - The European Union on
Monday proposed expanding a United Nations Security Council
mandate for a European naval operation to allow it to crack down
on arms smuggling in the high seas off war-torn Libya, though
Russia voiced concerns about the idea.
WASHINGTON, June 6 (Reuters) - The U.S. Supreme Court on
Monday let stand a $96 million international arbitration award
issued in 2011 in favor of energy company Chevron Corp
in a dispute over the development of oil fields in Ecuador.
HOUSTON, June 6 (Reuters) - BASF SE, the world's
largest chemical producer, said on Monday it would refrain for
now from building a propylene plant in Texas because of volatile
commodity prices, a sign that an aggressive U.S. Gulf Coast
petrochemical building boom announced earlier this decade could
be cooling.
UNITED NATIONS, June 6 (Reuters) - Britain on Monday
proposed expanding a United Nations Security Council mandate for
a European naval operation to allow it to crack down on arms
smuggling in the high seas off war-torn Libya, though Russia
voiced concerns about the idea.
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