Energy Update
HOUSTON, June 5 (Reuters) - The rows of traders who line the
massive trading floor at Mercuria Energy Group's Houston
headquarters rely on a string of modern conveniences to execute
deals across the globe. But when they're under the gun to
deliver oil fast, they call one person: Tim Holan.
JERUSALEM, June 5 (Reuters) - The partners in Israel's
Leviathan natural gas field on Sunday shrugged off a lower
estimate of its size from the country's Energy Ministry, which
said the field could be 20 percent smaller than the companies
have predicted.
LUANDA, June 5 (Reuters) - The managing director of
Chevron's Angola subsidiary has said he supports the
direction state oil firm is taking after President Jose Eduardo
dos Santos appointed his daughter to head the company.
LUANDA, June 5 (Reuters) - The managing director of
Chevron's Angola subsidiary has said he supports the
direction state oil firm is taking after President Jose Eduardo
dos Santos appointed his daughter to head the company.
XALAPA, Mexico, June 5 (Reuters) - Mexican regional
elections on Sunday pose a major test for the ruling partys
hopes of retaining the presidency in 2018 as discontent over
corruption and impunity fuels support for the anti-establishment
message of a resurgent leftist firebrand.
DAVAO, Philippines, June 4 (Reuters) - Philippine
President-elect Rodrigo Duterte warned mining companies to
"shape up", as he signalled he would prefer ownership of mining
assets to be left to local investors.
RIO DE JANEIRO, June 4 (Reuters) - Brazil's energy ministry
said on Saturday it backed full independence for Petrobras to
set domestic fuel prices, blaming past controls for saddling the
state-controlled oil company with crippling debt that is the oil
industry's largest.
ASUNCION, Paraguay, June 4 (Reuters) - Paraguay's state-run
oil firm Petropar said Saturday that Venezuelan state oil
producer PDVSA had set a 10-day deadline for the
Paraguayan company to pay off $287 million of long-standing
debt.
DAVAO, Philippines, June 4 (Reuters) - Philippine
President-elect Rodrigo Duterte warned mining companies to
"shape up", as he signalled he would prefer ownership of mining
assets to be left to local investors.
WARSAW, June 4 (Reuters) - Polish electricity grid operator
PSE confirmed on Saturday that it had imposed nightly limits on
importing power supply from Lithuania, saying the decision was
for technical reasons and only temporary.
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