Energy Update
VIENNA, May 17 (Reuters) - France's foreign minister said on
Tuesday that major world powers had agreed if possible to push
for a resumption of Syrian peace talks in Geneva by the start of
June.
PARIS, May 17 (Reuters) - A nationwide strike against a
French government labour law reform has cut output at Total's
refineries in France, a CGT Union official said on
Tuesday.
ATHENS, May 17 (Reuters) - Five countries in south-east
Europe formally signed off on the construction of a pipeline
which will transport Caspian gas to European markets in an
attempt to ease their reliance on Russia.
WASHINGTON, May 17 (Reuters) - U.S. factory output expanded
in April as makers of machinery and cars posted solid increases
in production, a sign that the country's manufacturing sector
was resisting the downward pull from sputtering global growth.
Biomass holds great promise as a petroleum replacement, but unlocking its true potential remains a puzzle. A group of researchers at Iowa State University and the U.S Department of Energy’s Ames Laboratory hope to develop the pieces of that puzzle to create a clearer picture of what takes place within a plant and how that applies to its downstream uses as biomass.
VIENNA, May 17 (Reuters) - Rival Libyan factions have
reached an agreement in principle to have one oil organisation
for the strife-torn north African OPEC member, the foreign
minister of the new U.N.-backed unity government said on
Tuesday.
LONDON, May 17 (Reuters) - European shares hit a two-week
high on Tuesday, with companies such as Taylor Wimpey and
Vodafone gaining after their encouraging updates and
miners tracking a rally in major industrial metals.
MOSCOW, May 17 (Reuters) - Russian Finance Minister Anton
Siluanov said on Tuesday that state firms may use borrowing to
finance their investment programmes and to be able to pay the
state 50 percent in dividends from their profits under
international standards.
May 17(Reuters) - Support services group DCC said it
expected to see another profit growth in the current financial
year after it posted a 35.5 percent rise in full-year operating
profit.
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