Energy Update
May 10 (Reuters) - Husky Energy said it would sell
some assets in southwest Saskatchewan for C$595 million ($461
million) to fellow oil and gas producer Whitecap Resources Inc
as it looks to raise cash.
OTTAWA, May 10 (Reuters) - After a wildfire blazed a path of
destruction in the oil boomtown of Fort McMurray, Canadian towns
in heavily wooded northern Alberta are scrambling to take
precautions against fire as hot weather and dry vegetation
increase the risk.
BRASILIA, May 10 (Reuters) - Minutes after taking her oath
of office in 2011, President Dilma Rousseff stood before
Congress and pledged to end the dirty back-room deals and
kickback schemes at the heart of Brazilian politics.
NEW YORK, May 10 (Reuters) - After their hot rally at the
end of last year, shares of solar energy firms have turned ice
cold as concerns about slower growth and regulatory
uncertainties plague the group.
NIAMEY, May 10 (Reuters) - Niger's economy is expected to
grow by 5.2 percent this year, the International Monetary Fund
said on Tuesday, buoyed by agriculture and expected improvements
in mining and oil production.
In Thailand the first Quota B tender for 2016-17 was held May 9 for a total
of 72,000 mt.
NIAMEY, May 10 (Reuters) - Niger's economy is expected to
grow by 5.2 percent this year, the International Monetary Fund
said on Tuesday, buoyed by agriculture and expected improvements
in mining and oil production.
We assess current trends for steel mill margins in China and for EAF mills in Turkey and the US, and examine the challenges facing global steel markets.
NEW YORK, May 10 (Reuters) - U.S. crude production in 2017
will decline less than previously forecast as higher oil prices
encourage higher output, the Energy Information Administration
said in a monthly report on Tuesday.
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