Energy Update
LONDON, May 20 (Reuters) - UK shares rose on Friday, set for
their biggest daily gain in more than a month after a rise in
bottling company Coca-Cola HBC and a rally in mining
stocks.
DAR ES SALAAM, May 20 (Reuters) - Tanzania said on Friday it
plans to start building a $3 billion fertiliser factory in
partnership with a consortium of investors from Germany, Denmark
and Pakistan this year.
PARIS, May 20 (Reuters) - France's CGT union called on
Friday for workers to halt production at the country's oil
refineries to add pressure on the government to drop a
controversial labour reform.
(Fri, 20 May 2016) The western United States, particularly California, has experienced drought over the past several years, but there are now signs of improvement. Since June 2013, most of California has been in a severe, extreme, or exceptional drought, the worst three drought designations as determined by the U.S. Drought Monitor.
SYDNEY/WELLINGTON, May 20 (Reuters) - Australian shares
staged a modest rebound on Friday after two sessions of declines
led by gains in the mining sector and some of the major banks,
setting the market on track to end the week a touch higher.
SINGAPORE, May 20 (Reuters) - Oil prices rose in early
trading on Friday as turmoil in Nigeria, shale bankruptcies in
the United States and crisis in Venezuela all contributed to
tightening supplies.
BRASILIA/RIO DE JANEIRO, May 19 (Reuters) - Brazil's interim
President Michel Temer named Pedro Parente chief executive
officer of state-led oil company Petroleo Brasileiro SA on
Thursday as his government tries to kick-start a shrinking
economy and shore up the debt-laden oil producer.
LOS ANGELES, May 19 (Reuters) - Numerous lapses in safety
measures, judgment and planning by Plains All American Pipeline
LP led to and worsened a major oil spill last year that
fouled miles of shoreline and ocean near Santa Barbara,
California, the U.S. Transportation Department said on Thursday.
Atlas Professionals secures a frame agreement with one of its clients, oil exploration and development company Det norske oljeselskap ASA (DETNOR).
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