Energy Update
International Finance Corporation (IFC), a member of the World Bank Group, has announced plans to invest $25m in Egyptian petrochemical producer Carbon Holdings to fund the development of the proposed Tahrir petrochemicals project.
In Volgograd, Oil Deep Conversion Complex has been commissioned as part of vacuum gasoil (VGO) hydrocracking facility at PJSC LUKOIL’s wholly owned oil refinery OOO “LUKOIL-Volgogradneftepererabotka”.
SAO PAULO, May 30 (Reuters) - Brazil's Transparency Minister
Fabiano Silveira quit on Monday, hours after he was accused of
trying to derail a sprawling corruption probe before taking
office earlier this month.
PARIS, May 31 (Reuters) - President Francois Hollande said
there was no turning back on a bill to loosen France's rigid
labour regulations and that the principles behind the most
contentious proposal handing firms more scope to negotiate
working conditions must remain in place.
BRASILIA, May 30 (Reuters) - Brazil's interim President
Michel Temer is facing pressure to drop his anti-corruption
minister, the second top official in his administration accused
of trying to derail a sprawling bribery and kickback probe
before taking office.
With European ethanol experiencing a turbulent supply environment, we discuss the implications of plant closures and the upcoming trial-run of the UK's second largest plant on the market.
TORONTO, May 30 (Reuters) - Canada's main stock index edged
lower on Monday as energy stocks retreated ahead of a meeting of
oil producers later in the week, while mining stocks and
financials also fell in a low-volume session with U.S. markets
closed for Memorial Day.
ABUJA, May 30 (Reuters) - Nigeria's President Muhammadu
Buhari will on Thursday visit the Niger Delta region, rocked by
attacks on oil and gas facilities, for the first time since
taking office a year ago, a government official said on Monday.
BRASILIA, May 30 (Reuters) - Hundreds of employees of
Brazil's anti-corruption Ministry of Transparency marched to the
presidential palace on Monday to demand the removal of the
minister appointed 18 days ago by interim President Michel
Temer.
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