Energy Update
(Tue, 05 Apr 2016) Wholesale natural gas and power prices in the Northeast United States remained relatively low this winter, absent the large spikes that have occurred during recent winters. A combination of increased deliveries of liquefied natural gas (LNG) into the region, a fuel adequacy winter reliability program, and the warmest winter on record helped to keep prices low and stable.
April 4 (Reuters) - The U.S. Department of Justice on Monday sued ValueAct Capital for violating notification requirements related to Halliburton Co's deal to buy rival Baker Hughes Inc, in a case that the activist hedge fund says it will fight.
PARIS, April 4 (Reuters) - France plans to launch a tender for turbines for a third offshore wind farm, the country's energy minister said on Monday, to be built off the northern harbour of Dunkirk.
Tidal energy developer Atlantis Resources Ltd. has entered into a partnership agreement with infrastructure developer, investor and fund manager Equitix worth at least US$714 million.
WASHINGTON, April 4 (Reuters) - The Obama administration does not plan to give Iran access to the U.S.
April 4 (Reuters) - U.S demand for gasoline dropped in January from a year earlier, snapping a 14-month streak of year-over-year increases, according to data released on Monday by the U.S. Energy Information Administration.
SAO PAULO, April 4 (Reuters) - Management at Brazil's state-run oil firm Petrobras is not discussing an imminent fuel price cut, two company executives said on Monday, as shares of the firm fell nearly 7 percent on reports of a planned decrease.
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