Energy Update
PUNTO FIJO, Venezuela/Houston, April 26 (Reuters) -
V enezuela's key Paraguana oil refining complex was this week
operating around half capacity, prompting state-run oil company
PDVSA to launch purchase tenders for products as it tries to
offset power outages and equipment failures.
TORONTO, April 26 (Reuters) - Alberta should not introduce a
provincial sales tax at this time because it would further slow
activity in an economy battered by low oil prices, the
province's finance minister said on Tuesday.
HOUSTON, April 26 (Reuters) - U.S. gasoline futures rallied
to their highest since August on Tuesday and boosted refinery
margins after a flurry of Gulf Coast refinery unit outages,
buying from Venezuela and a reported drop in New York
inventories.
RIYADH, April 26 (Reuters) - Reforms promised by a young
Saudi prince are couched in references to the kingdom's Islamic
tradition but include ideas likely to upset some conservatives,
risking future ruptures over the direction of society.
CARACAS, April 26 (Reuters) - Venezuela has proposed that
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
from the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
CARACAS, April 26 (Reuters) - Venezuela has proposed that
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
from the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
WASHINGTON, April 26 (Reuters) - The United States is
concerned about Libyan oil purchases outside legitimate channels
and said all sales must go through the Tripoli-based National
Oil Corp, a U.S. State Department spokesman said on Tuesday.
CARACAS, April 26 (Reuters) - Venezuela has proposed that
non-OPEC oil producers attend the group's June meeting in Vienna
to continue "dialogue and coordination," according to a letter
sent by the South American country's oil minister to the Qatari
energy minister, who is also the current OPEC president.
UNITED NATIONS, April 26 (Reuters) - Libya has asked the
United Nations Security Council to blacklist an Indian-flagged
tanker on its way to Malta carrying crude oil shipped by the
rival eastern Libya government, Libya's U.N. envoy said on
Tuesday.
Green Mountain Power has launched a contest to find energy companies and entrepreneurs to colocate at the utility’s headquarters in Colchester, Vt., and work to develop innovative energy products for consumers.
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