Energy Update
April 14 (Reuters) - U.S. oil and gas producer Energy XXI
Ltd, which has operations in Louisiana, Texas and the
Gulf of Mexico, said on Thursday it has filed for bankruptcy
protection, becoming one of the biggest casualties of the oil
rout to date.
MOSCOW, April 14 (Reuters) - The crews of the Russian Su-24
bombers which flew near a U.S. guided missile destroyer in the
Baltic Sea on Tuesday respected all safety rules, Interfax news
agency quoted Russian Defence Ministry spokesman Igor
Konashenkov as saying on Thursday.
LONDON, April 14 (Reuters) - A deal to freeze oil production
by OPEC and non-OPEC producers will have a limited impact on
global supply and markets are unlikely to rebalance before 2017,
the International Energy Agency (IEA) said on Thursday.
April 14 (Reuters) - U.S. oil and gas producer Energy XXI
Ltd, which has operations in Louisiana, Texas and the
Gulf of Mexico, said on Thursday it has filed for bankruptcy
protection, becoming one of the biggest casualties of the oil
rout to date.
BEIJING, April 14 (Reuters) - China's Dalian Commodity
Exchange will adjust the trading limit on some futures
contracts, including coking coal and coke, the bourse said on
Thursday.
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.
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