Energy Update
NEW YORK, May 19 (Reuters) - Late in July 2012, Phil Mickelson, one of the world's most famous golfers, received a phone call from a well-known professional sports gambler, William "Billy" Walters.
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.
RIO DE JANEIRO/BRASILIA, May 19 (Reuters) - Brazil named
Pedro Parente chief executive officer of state-led oil company
Petroleo Brasileiro SA, part of moves by interim Brazilian
President Michel Temer to revamp economic policy and shore up
the debt-laden oil producer.
VANCOUVER, May 19 (Reuters) - Canada's energy regulator on
Thursday recommended the approval of Kinder Morgan Inc's
plan to expand the Trans Mountain oil pipeline, subject to 157
conditions, clearing a major hurdle for the proposed trebling of
capacity to serve lucrative Asian markets.
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.
HOUSTON, May 19 (Reuters) - U.S. shale oil producer Pioneer
Natural Resources Co said on Thursday that Chief
Executive Officer Scott Sheffield will retire at the end of the
year and be replaced by Tim Dove, the company's chief operating
officer.
MELBOURNE, May 20 (Reuters) - Major miners are trying to
avoid hundreds of millions of dollars in closure costs by
selling off pits, as cash is tight due to a prolonged
commodities price slump, but the crippling cost of environmental
rehabilitation makes it tough to seal deals.
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.
HOUSTON, May 19 (Reuters) - U.S. shale oil producer Pioneer
Natural Resources Co said on Thursday its Chief
Executive Officer Scott Sheffield will retire at the end of the
year and be replaced by Tim Dove, the company's chief operating
officer.
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