Energy Update
LONDON, April 28 (Reuters) - Brent prices for 2017 ended
trading above $50 per barrel on Wednesday for the first time
since mid-December following the largest and most sustained
rally in prices since the oil slump started.
TOKYO/FRANKFURT, April 29 (Reuters) - Four weeks into
Japan's power market shakeup aimed at boosting choice and energy
security, the utility at the centre of the 2011 nuclear crisis
has borne the brunt of consumer defections, with nearly 470,000
users switching electricity providers.
State-owned refiner Kuwait National Petroleum (KNPC) has secured $3.98bn financing from local banks to fund the development of $16bn Clean Fuels Project.
TORONTO, April 28 (Reuters) - Canada's main stock index
edged slightly lower on Thursday as losses for financials and
other sectors offset gains for gold miners and Bombardier Inc
after the company won a large plane order.
April 28 (Reuters) - Brazilian prosecutors charged political
strategist Joao Santana, the architect of President Dilma
Rousseff's 2010 and 2014 election victories, with corruption on
Thursday.
Below are some of the main events in the investigation
focused on state-run oil company Petroleo Brasileiro SA, or
Petrobras.
Polypropylene import pricing was $20/mt higher for the week in Brazil, with homopolymer assessed April 27 at $1,205-$1,215/mt CFR Brazil.
US linear low-density export assessments rose $33-$34/mt week on week as prices continued to be talked higher.
CURITIBA, Brazil, April 28 (Reuters) - Brazilian prosecutors
charged political strategist Joao Santana, the architect of
President Dilma Rousseff's 2010 and 2014 election victories, and
16 others with corruption on Thursday as part of a massive graft
investigation.
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