Energy Update
The recent rebound in European steel prices could represent the beginnings of a recovery for companies who suffered huge losses as a result of the dramatic price collapse in 2015.
LAUNCESTON, Australia, March 29 (Reuters) - - The falling dominoes that are major liquefied natural gas (LNG) projects show that the industry needs a re-think on how it is structured and operates.
LONDON, March 29 (Reuters) - Hedge funds and other money managers have amassed a near-record number of bullish bets on increasing oil prices, helping push the main international benchmark well above $40 per barrel.
KIEV, March 29 (Reuters) - The Ukrainian parliament approved on Tuesday the resignation of General Prosecutor Viktor Shokin, an official seen by the Ukraine's Western backers as an obstacle to tackling corruption.
The global nuclear industry is spending $47 billion on safety enhancements mandated after the nuclear accident at Fukushima revealed weaknesses in plant protection from earthquakes and flooding.
(Tue, 29 Mar 2016) U.S. production of hydrocarbon gas liquids (HGL)—a group of products including ethane, propane, butanes, and natural gasoline—is expected to increase from 3.86 million barrels per day in 2015 to 4.33 million b/d in 2017, according to EIA's <em>Short-Term Energy Outlook</em>. HGLs are produced at both natural gas processing plants and petroleum refineries, but natural gas plants are expected to provide more than 95% of forecast production growth.
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