Energy Update
Donald Trump promises to build a wall along the Mexican border, but what about other ports of entry to the US market? Joe Innace investigates.
LONDON, May 11 (Reuters) - French utility Engie
is looking to offload its oil and gas assets in Indonesia and
Malaysia as a package in a sale process being run by Bank of
America Merrill Lynch, according to a document seen by Reuters.
May 11 (Reuters) - The UK Supreme Court ruled in favour of
bankrupt marine fuel supplier OW Bunker Malta (OWB) in a dispute
over payment liabilities, effectively leaving an unknown number
of buyers around the world liable to pay for the same fuel
twice.
EDMONTON, Alberta, May 11 (Reuters) - Market participants
are closely watching on Wednesday for the prospect of further
restarts by Canadian oil sands producers near wildfire-ravaged
Fort McMurray as some companies began slowly bringing operations
back online.
FRANKFURT, May 11 (Reuters) - German utility E.ON
has made forward sales of its central European power production
at above-market prices for most of the next two years, but it
faces power generation losses once the contracts expire, slides
showed on Wednesday.
May 11 (Reuters) - Oilfield services provider John Wood
Group Plc warned that full-year core earnings would be
about 20 percent lower than the last year, as it had seen
further margin pressure due to lower activity by customers.
FRANKFURT, May 11 (Reuters) - E.ON, Germany's
largest utility, reported an eight percent rise in first-quarter
core earnings on Wednesday, citing a one-off price-cutting deal
for gas purchases and saying the split-up of the group remained
top of the agenda.
(Wed, 11 May 2016) Global passenger travel by light-duty vehicles, bus, rail, and two- and three-wheeled vehicles reached nearly 24 trillion passenger miles in 2012 (the most recent year with detailed international travel statistics). In 2012, the average person traveled 3,300 miles annually, with wide differences across countries that are generally related to differences in per-capita income.
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