Energy Update
PERTH, April 14 (Reuters) - The world's top producers of
liquefied natural gas (LNG) are investing in ship-fuelling
operations, floating import terminals and power plants to open
new markets and keep from drowning in a fuel surplus expected to
last into the next decade.
April 14(Reuters) - Bank of America Corp, the No. 2
U.S. bank by assets, reported an 18 percent slide in quarterly
profit as concerns about a global economic slowdown and
uncertainty about the pace of U.S. interest rate increases
dampened bond and stock trading.
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.
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.
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