Energy Update
SAO PAULO, May 17 (Reuters) - State-controlled Petróleo
Brasileiro SA raised $6.75 billion on Tuesday through a sale of
five- and 10-year dollar-denominated bonds, in a closely watched
return to global capital markets after the suspension of
Brazilian President Dilma Rousseff.
SAO PAULO, May 17 (Reuters) - Brazil's new Minister of
Transparency and Oversight said he was suspending negotiations
of leniency agreements sought by engineering and construction
companies caught up in a massive corruption investigation.
SAO PAULO, May 17 (Reuters) - State-controlled Petróleo
Brasileiro SA launched on Tuesday a combined sale of five- and
10-year bonds worth $6.75 billion, the debt-laden Brazilian oil
producer's first in a year, two sources with direct knowledge of
the situation said.
LOS ANGELES, May 17 (Reuters) - Plains All American Pipeline
Company and one of its employees have been indicted in
California on criminal charges stemming from a petroleum spill
last year near Santa Barbara, the company said on Tuesday.
ABUJA, May 17 (Reuters) - Nigerian labour unions
representing millions of workers have been blocked from staging
a general strike in protest against government plans to increase
petrol prices by up to 67 percent.
LONDON/MILAN, May 17 (Reuters) - European shares steadied on
Tuesday with gains in companies such as Taylor Wimpey and
Vodafone following encouraging updates and a rally in
mining companies offset by a weaker auto sector.
Solar, geothermal, and microhydro will be the focus of three projects that won the New York State “Energy to Lead Competition” this week.
ABUJA, May 17 (Reuters) - Nigerian labour unions
representing millions of workers have been blocked from staging
a general strike in protest at government plans to increase
petrol prices by up to 67 percent.
LONDON, May 17 (Reuters) - BP's head of exploration
Richard Herbert is leaving the British oil major after slightly
more than two years in the job, a period in which the company
slashed spending on the search for new deposits.
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