Energy Update
(Adds natural gas rigs)
April 22 (Reuters) - U.S. energy firms cut oil rigs for a
fifth week in a row to the lowest level since November 2009, oil
services company Baker Hughes Inc said Friday, as energy
firms continue to slash spending despite a bigger than 60
percent spike in futures since hitting a near 13-year low in
February.
Drillers cut eight oil rigs in the week to April 22,
April 22 (Reuters) - U.S. energy firms cut oil rigs for a
fifth week in a row to the lowest level since November 2009, oil
services company Baker Hughes Inc said Friday, as energy
firms continue to slash spending despite a bigger than 60
percent spike in futures since hitting a near 13-year low in
February.
Drillers cut eight oil rigs in the week to April 22,
bringing the total rig count down to 343 Baker Hughes said in
WASHINGTON, April 22 (Reuters) - The United States will buy
heavy water from Iran's nuclear program, and expects it to be
delivered within weeks, U.S. officials said on Friday, a move
that was quickly criticized by Republican lawmakers.
Centered on the strength in the domestic Chinese market, steel mills are forcing up prices around the world. The Meltdown boys trying to figure out why and for how long this price rally will continue.
More than 170 countries are marking #EarthDay2016 by following through on their expressed intentions to sign the text of the Paris Agreement adopted by 196 countries in December.
LONDON, April 22 (Reuters) - Change the way you pay or risk
losing your jobs, corporate governance watchdogs have warned the
boards of Britain's top companies, as investors call for a
reality check on salaries.
MOSCOW, April 22 (Reuters) - Kuwait has not ruled out the
possibility of participating in the privatisation of Russian oil
firms Rosneft and Bashneft, TASS news agency
cited a Kuwaiti official as saying on Friday.
CHICAGO, April 22 (Reuters) - West Virginia's environmental
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court filing that it could undermine a $1
billion cleanup.
The U.S. government took steps in February to ensure that the Power Africa initiative will last beyond when the Obama administration leaves office.
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