Energy Update
BRASILIA, April 20 (Reuters) - Beleaguered Brazilian
President Dilma Rousseff will travel to New York in a bid to
rally international support against her impeachment, leaving
behind a Cabinet paralyzed by political crisis as another
minister defected on Wednesday.
CARACAS, April 20 (Reuters) - Venezuela's proposal "for now"
is that non-OPEC producers who participated in the recent Doha
meeting to try to address a global oil glut attend a June OPEC
meeting as observers, the South American country's oil minister
said on Wednesday.
HOUSTON, April 20 (Reuters) - At least eight people have
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in the region on Wednesday adding to vast
pools of standing water.
April 20 (Reuters) - U.S. pipeline operator Kinder Morgan
Inc reported a lower first-quarter profit and further
cut its 2016 capital budget as a result of a prolonged slump in
crude oil prices.
BRUSSELS, April 20 - European Union antitrust regulators are
set to warn U.S. oil industry services group Halliburton Co
that its plan to buy Baker Hughes will hurt
competition, two people familiar with the matter said on
Wednesday.
HOUSTON, April 20 (Reuters) - At least eight people have
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week,
officials said on Wednesday, as forecasts called for more rain.
SAO PAULO, April 20 (Reuters) - Brazilian Mines and Energy
Minister Eduardo Braga said on Wednesday he is leaving the post
to retake his seat in the Senate as the upper chamber of
Congress prepares to vote on the impeachment of President Dilma
Rousseff next month.
WASHINGTON, April 20 (Reuters) - The U.S. Senate passed the
first broad energy bill in nine years on Wednesday, legislation
containing modest measures popular with both Republicans and
Democrats to modernize the power grid and speed the permitting
process for liquefied natural gas exports.
NEW YORK, April 20 (Reuters) - U.S. crude oil inventories
rose slightly less than expected last week, while distillate
stockpiles posted an unexpected and huge drawdown, data from the
Energy Information Administration showed on Wednesday.
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