Energy Update
TRENTON, N.D., May 27 (Reuters) - When Donald Trump laid out
his plan this week to roll back U.S. environmental regulations
to boost the ailing energy industry, it raised both the hopes
and fears of the American Indians living near the heart of the
country's richest oil fields.
TORONTO, May 27 (Reuters) - Canada's main stock index rose
on Friday as financials rallied, while resource stocks retreated
with commodities and investors waited for possible clues on the
timing of U.S. interest rate hikes from Federal Reserve Chair
Janet Yellen.
LAGOS, May 27 (Reuters) - The Niger Delta Avengers militant
group, which has mounted a bombing campaign against oil
pipelines, on Friday threatened "something big" - but also
wished Nigerian youngsters a Happy Children's Day.
Trina Solar Ltd., the world’s biggest solar manufacturer, reported a sharp increase in first-quarter profit and said it expects shipments to increase in 2016 even as demand in China slows in the second half.
LONDON, May 27 (Reuters) - European refiners outside France
and oil traders are gearing up to cash in on the unexpected
demand for diesel created by French strikes that have blocked
oil terminals and shut down refineries.
PARIS, May 27 (Reuters) - The fuel supply situation in
France is improving after a week of disruption and shortages
caused by strikes and all but one of the country's fuel depot
blockades has been cleared, a transport ministry spokesman said
on Friday.
Job growth in renewable energies is bucking the trends across the global energy sector, Adnan Amin, director-general for the International Renewable Energy Agency (IRENA), said on May 25.
BERLIN, May 27 (Reuters) - Germany is closely monitoring
Chinese investment in the country and will consider each
takeover on a case-by-case basis to ensure it does not lose key
technology, a government source said on Friday.
WASHINGTON, May 27 (Reuters) - U.S. economic growth slowed
in the first quarter although not as sharply as initially
thought, as a surge in home building and steady inventory
accumulation partially offset the impact of modest consumer
spending and soft business investment.
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