Energy Update
LONDON, April 20 (Reuters) - Global refining margins have
improved significantly in recent weeks which should support
strong demand for crude and lend some strength to both spot
prices and spreads in the short term.
AMSTERDAM, April 21 (Reuters) - Dutch engineering firm
Arcadis said on Thursday an internal investigation
into its role in a Brazilian water management project had found
no evidence of any wrongdoing.
MEXICO CITY, April 20 (Reuters) - A massive explosion rocked
a major petrochemical facility of Mexican national oil company
Pemex in the Gulf state of Veracruz on Wednesday, killing at
least three people, injuring dozens more, and pumping a cloud of
noxious chemicals into the sky.
CARACAS, April 20 (Reuters) - Venezuela's
opposition-dominated parliament on Wednesday approved a law to
speed up the process of requesting recall referendums, as
adversaries of President Nicolas Maduro seek to push him from
office amid a deepening economic crisis.
RIYADH, April 21 (Reuters) - U.S. President Barack Obama
aired his human rights concerns with Saudi Arabia's King Salman
on Wednesday, but his talking points on that subject are
expected to be get less attention when he meets Gulf Arab
monarchs on Thursday.
CURITIBA, Brazil, April 20 (Reuters) - In a Brazil deeply
divided by the battle to oust President Dilma Rousseff, one
sentiment unites ordinary people on both sides of the
impeachment fight - outrage against corruption.
SYDNEY, April 21 (Reuters) - From trimming menus in staff
canteens to cutting back on soap and washing detergent at worker
camps, the global mining industry that once lavished perks on
employees is scrimping like never before as a brutal downturn
engulfs minerals markets.
More than a year after Prime Minister David Cameron publicly announced support for the Perpetuus Tidal Energy Center (PTEC), Great Britain’s Marine Management Organization (MMO) issued a license on April 20 to Royal HaskoningDHV to deploy and operate a proposed 30-MW tidal array at the center, located off the Isle of Wight.
OTTAWA, April 20 (Reuters) - It could take Canada more than
three years to recover from a shock caused by low oil prices,
Bank of Canada Governor Stephen Poloz said on Wednesday, citing
persistently negative factors in the economy.
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