Energy Update
LONDON, May 6 (Reuters) - Traders anticipate more buying
interest for liquefied natural gas (LNG) from importers
including Japan and Argentina next week after Asian spot prices
eased due to weak demand.
The Mexico energy market has been a hot topic ever since late 2013 when the government decided to liberalize the energy sector, opening it up to foreign investment.
It took four years, but we might now know what former Nucor CEO Dan DiMicco meant in 2012 when he said Nucor was "exploring some very new and unique ways" of combating unfairly traded steel imports.
After five years of delay, the U.S. Coast Guard finally released a study that concludes commercial shipping off the Eastern Seaboard is incompatible with a proposed offshore wind energy industry — despite the fact that Europe has successfully integrated the two for more than a decade.
LONDON, May 6 (Reuters) - Emboldened by bookmakers' odds
that point strongly to Britons voting to stay in the European
Union, some speculators are betting the pound could soar as much
as 20 cents from current levels after next month's referendum.
ABUJA, May 6 (Reuters) - Nigeria's President Muhammadu
Buhari signed the delayed 2016 budget into law on Friday, ending
weeks of wrangling with lawmakers and tripling capital
expenditure as Africa's biggest economy contends with its worst
crisis in years.
LAGOS, May 6 (Reuters) - Nigeria's 2016 budget assumes oil
production of 2.2 million barrels per day at 38 dollars a
barrel, the budget minister said on Friday, shortly after
President Muhammadu Buhari signed the delayed bill into law.
ABUJA, May 6 (Reuters) - Nigeria's President Muhammadu
Buhari signed the delayed 2016 budget into law on Friday, a
Reuters witness said, ending wrangling with lawmakers that had
lasted for weeks.
May 6 (Reuters) - Britain is bringing forward a scheme to
encourage power companies to supply electricity at peak times by
a year in a bid to avert a looming supply crunch and prevent
price spikes, the government said on Friday.
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