Energy Update
HELSINKI, April 14 (Reuters) - Finnish utility Teollisuuden
Voima (TVO) has applied for an operating licence for its
much-delayed Olkiluoto 3 nuclear reactor, saying it is on track
to start production in late 2018.
SINGAPORE, April 14 (Reuters) - Oil traders have ramped up
their bets in the futures and options market that April's rally
will run out of steam, as the outlook for demand weakens and
with few clear signs of an end in sight to a supply glut.
(Thu, 14 Apr 2016) Working natural gas inventories ended the winter heating season at 2,478 billion cubic feet (Bcf), exceeding the previous end-of-March record high of 2,473 Bcf, set in 2012, according to EIA's Weekly Natural Gas Storage Report. Inventory withdrawals during the traditional heating season (November through March) were relatively limited this year because of winter weather that was the warmest on record and continued high levels of domestic natural gas production.
JAKARTA, April 14 (Reuters) - Indonesia will investigate
suspected cartel practices by palm oil companies that are
signatories to the Indonesian Palm Oil Pledge (IPOP), an
agreement aimed at curbing deforestation, the country's
anti-monopoly agency (KPPU) said.
LONDON, April 13 (Reuters) - A record number of rigs are
drilling for oil and gas on the Arabian peninsula even as
drilling in the rest of the world tumbles in response to low
prices.
BRASILIA, April 13 (Reuters) - Brazil's President Dilma
Rousseff pledged on Wednesday to form a government of national
unity if she survives an impeachment vote in Congress this
weekend, but the odds of that lengthened as allies continued to
desert her.
BEIJING, April 14 (Reuters) - Nigeria will crack down on
groups responsible for recent pipeline attacks in the
oil-producing Delta region, President Muhammadu Buhari said on
Wednesday.
BRASILIA, April 13 (Reuters) - Brazil's President Dilma
Rousseff pledged on Wednesday to form a government of national
unity if she survives an impeachment vote in Congress this
weekend, but the odds of that lengthened as allies continued to
desert her.
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