Energy Update
CAPE TOWN, May 9 (Reuters) - North Korea's continued nuclear
activities are of "great concern" to the region and beyond, the
head of the International Atomic Energy Agency (IAEA) told
reporters on Monday.
LAC LA BICHE, Alberta, May 9 (Reuters) - Canadian
firefighters looked to cooler weather on Monday to help with
their battle against the country's most destructive wildfire in
recent memory, as officials sought to gauge the damage to oil
sands boomtown Fort McMurray.
FRANKFURT, May 9 (Reuters) - Germany's Brenntag,
the world's largest chemicals distributor, reported a 27 percent
drop in first-quarter net profit, far below forecasts, due to a
large devaluation of the Venezuelan bolivar and a challenging
business environment in North America.
May 9 (Reuters) - Singapore shares rose on Monday, snapping
a 10-session losing streak, helped by a rally in U.S. stocks
late last week, while most other Southeast Asian markets
suffered losses.
U.S. stocks bounced back on Friday from early losses to
close higher as investors viewed the day's jobs data as less
disappointing than first thought.
Singapore's Straight Time Index rose slightly in
(Mon, 09 May 2016) After increasing in 2013 and in 2014, energy-related carbon dioxide (CO2) emissions fell in 2015. In 2015, U.S. energy-related carbon dioxide emissions were 12% below the 2005 levels, mostly because of changes in the electric power sector.
NEW YORK, May 9 (Reuters) - Oil producers and refiners
braced on Monday for further supply constraints from the
wildfires that have shut one half of Canada's vast oil sands
capacity and forced BP and other big oil firms to warn they
would not be able to deliver on some contracts.
LAUNCESTON, Australia, May 9 (Reuters) - Saudi Arabia's
decision to hike crude oil prices to Asian customers by the most
in more than a year is both understandable and curious.
NEW YORK/CONKLIN, Alberta, May 8 (Reuters) - The mass
evacuation of residents from the wildfire-devastated Canadian
oil town of Fort McMurray is likely to significantly delay the
restart of production, even though energy facilities themselves
have escaped major damage from the flames.
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