Energy Update
WASHINGTON, April 26 (Reuters) - Orders for long-lasting
U.S. manufactured goods rebounded far less than expected in
March as demand for automobiles, computers and electrical goods
slumped, suggesting the downturn in the factory sector was far
from over.
* Tripoli-based NOC is internationally recognised as sole
exporter
ISTANBUL, April 26 (Reuters) - Six Turkish members of a
cargo ship's crew who were kidnapped by pirates off the coast of
Nigeria two weeks ago have been released and are safely back in
Istanbul, a lawyer for the shipping company said on Tuesday.
April 26 (Reuters) - Standard & Poor's Ratings Services said
on Tuesday it had cut Exxon Mobil Corp's corporate
credit rating to "AA+" from "AAA," citing the impact of low oil
prices.
The significance of China's ferrochrome price is often understated in the market, yet when some of the country's stainless steelmakers rolled over purchase prices for April, the world's markets paid attention.
Staff of the U.S. Federal Energy Regulatory Commission (FERC) last week said the agency intends to examine whether barriers exist to the participation of energy storage in the capacity, energy and ancillary service markets, and whether those barriers could lead to unjust and unreasonable energy rates.
DUBAI/MOSCOW, April 26 (Reuters) - When Iran took delivery
of the first parts of an advanced Russian air defence system
this month, it paraded the anti-aircraft missile launchers sent
by Moscow to mark Army Day.
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