Energy Update
OPEC counts 13 countries among its membership, but one of them has long reigned as a first among equals. Herman Wang reveals all.
Platts editors discuss the global sugar deficit that has supported world sugar prices and how Brazil's sugar production for 2016/17 is likely to increase.
KANANASKIS, Alberta, April 25 (Reuters) - Canada's approval
process for pipelines to export crude from the landlocked
province of Alberta to the coast could be shorter, Natural
Resources Minister Jim Carr said on Monday, in response to
pressure to help get the region's oil to market.
OTTAWA, April 25 (Reuters) - Canadian non-resource exports
should post healthy gains this year, the country's trade
financing agency said on Monday, a development the central bank
is counting on to help revive an economy hobbled by weak global
energy prices.
RIYADH, April 25 (Reuters) - The powerful young prince
overseeing Saudi Arabia's economy unveiled ambitious plans on
Monday aimed at ending the kingdom's "addiction" to oil and
transforming it into a global investment power.
WASHINGTON, April 25 (Reuters) - Billionaire environmental
activist Tom Steyer's super PAC launched a $25 million youth
voter drive on Monday in seven political battleground states to
help elect candidates that champion climate change policies in
November's general election.
BENGHAZI/TUNIS April 25 (Reuters) - A parallel national oil
corporation allied to Libya's eastern government loaded a
shipment of 650,000 barrels at the Marsa el-Hariga terminal on
Monday in an effort to sell oil for the first time, officials
said.
* Barclays unsure prices will stay at highs or keep climbing
* GRAPHIC-Metals performance YTD: http://link.reuters.com/cag37s
HANOVER, April 25 (Reuters) - Europe may end up with more
gas than it needs if the Nord Stream 2 pipeline, designed to
double the amount of gas Russia pumps to Germany via the Baltic
Sea, is built, the European Union's most senior energy official
said on Monday.
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