Energy Update
On the occasion of the State visit by the President of the French Republic, François Hollande, EDF has signed five memoranda of understanding thus confirming its strategy for developing low carbon, renewable energy in Egypt.
Cyberhawk Innovations has completed the first commercial oil and gas inspection using remotely operated aerial vehicles (ROAV), also known as UAVs or drones, in Qatar.
DUBAI, April 19 (Reuters) - Kuwaiti oil and gas workers have
ended a three-day strike that had temporarily cut the OPEC
member's crude production by nearly half, the trade union said
in a statement posted on its Twitter account.
April 19 (Reuters) - Colombia's President Juan Manuel Santos
on Tuesday named German Arce as mines and energy minister,
replacing Tomas Gonzalez who resigned amid an energy crisis that
has left the country on the verge of electricity rationing.
WASHINGTON, April 19 (Reuters) - The United States voiced
dismay on Tuesday at rebel leader Riek Machar's failure to
return to South Sudan's capital to form a unity government under
a peace deal aimed at ending more than two years of violence.
US East Coast bulk exporters raised offer prices to secure material in the week ended April 15 in the face of increased export activity.
KUWAIT, April 19 (Reuters) - Thousands of striking Kuwaiti
oil and gas workers will carry on with their three-day-old
strike until planned public sector pay cuts are cancelled, their
spokesman said on Tuesday.
April 19 (Reuters) - The U.S. Securities and Exchange
Commission announced two fraud cases alleging that accounting
failures left investors in the dark about the finances of
computer accessories maker Logitech International SA
and now-defunct electric car battery maker Ener1 Inc.
With Chinese steel prices on a steady recovery since the Lunar New Year holidays, supply and production allocations have swung firmly towards serving the domestic market.
Following an exceptionally bearish winter, freight rates in the dry bulk Atlantic Handysize and Supramax
market have seen a rebound in recent weeks, but what hurdles might still lie ahead?
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